3 Bed Semi-Detached House, Refurb/BRRR, Birmingham, B32 3XL, £290,000

Stableford Close, Harborne, B32 3XL - 21 days ago

Refurb/BRRR
ROI: 1%
~93 m²
+4 photos

ValuationOvervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£17,700

Refurb Costs

£36,800

Bridging Loan Interest

£7,613

Total Cash In

£136,363

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£285,000

Mortgage (After Refinance)

£213,750

Mortgage LTV

75%

Cash Left In

£136,363

Equity

£71,250

Rent Range

£1,100 - £3,500

Rent Estimate

£1,340

Running Costs/mo

£1,179

Cashflow/mo

£161

Cashflow/yr

£1,937

ROI

1%

Gross Yield

6%













Local Rents

52 rents from £1.1K/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.03 miStableford Close, Weoley Castle, Birmingham, West Midlands, B323
£1,40002/250.06 mi-3
£1,35012/240.07 mi-3
£1,40012/240.12 miVale Close, Harborne, B323
£1,10012/240.14 miPaganel Road, Birmingham, B293
£1,37503/250.18 mi-3
£1,25002/250.19 mi-3
£1,10012/240.19 mi91 Bottetourt Road, Bartley Green, Birmingham3
£1,30003/250.25 mi-3
£2,46502/240.28 mi-3
£2,46502/250.28 mi-3
£1,25001/250.29 mi-3
£1,25002/240.29 mi-3
£1,22512/240.29 miAlwold Road, Birmingham, B293
£1,20012/240.29 miAlwold Road, Birmingham, B293
£1,10012/240.3 miAlwold Road, Weoley Castle, Birmingham3
£1,29512/240.33 miWeymoor Road, Birmingham, Harborne3
£3,50012/240.35 mi-3
£1,24501/250.35 mi-3
£1,25002/250.35 mi-3
£1,25003/250.35 mi-3
£1,20003/250.35 mi-3
£1,25002/240.38 mi-3
£1,26001/250.38 mi-3
£1,15001/250.39 mi-3
£1,10012/240.41 miQuinton Road, Birmingham, B173
£1,25002/240.41 mi-3
£1,25002/240.41 mi-3
£1,27412/240.42 mi£98 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 mi£98 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 mi£98.00 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miQuinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miQuinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miQuinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miQuinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miQuinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miQuinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 mi£98 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 mi£98 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 miGOOD FOR FAMILY £98 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,27412/240.42 mi£98 PPPW Quinton Rd, Harborne. 8-10mins walk to University of Birmingham3
£1,20012/240.43 miAlwold Road, Birmingham, B293
£1,20002/240.43 mi-3
£1,10012/240.44 mi-3
£1,10012/240.46 miBurnel Road, Birmingham3
£1,20002/250.48 mi-3
£1,20012/240.48 miWeymoor Road, Harborne, Birmingham, B17 0RR3
£1,29512/240.48 miDavena Drive, Quinton, Birmingham3
£1,29512/240.48 miDavena Drive, Quinton, Birmingham3
£1,29512/240.48 miDavena Drive, Quinton, Birmingham3
£1,25012/240.48 miDavena Drive, Quinton, Birmingham3
£1,20012/240.48 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

4.09 miles away

Nearest school

0.20 miles away

Nearest train station

1.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £290,000

March 10, 2025

Floor Plans

Description

  • No chain +
  • Garage +
  • Driveway +
  • Close to shops and parks +
  • Good transport links +
  • Gas central heating +
  • Double glazed +

This semi-detached property in the highly sought-after area of Harborne offers a fantastic opportunity for buyers looking to modernise and add their own personal touch.

The ground floor features a spacious lounge/diner, providing a versatile living and dining space, perfect for both relaxing and entertaining. The kitchen, while in need of updating, offers plenty of potential to be transformed into a stylish and functional area. An integral garage provides additional storage or the possibility of conversion.

Upstairs, the property boasts two generous double bedrooms and a further single bedroom, all offering ample space and natural light. A family bathroom serves the first floor, with the potential to be redesigned to suit modern tastes.

To the rear, a good-sized garden provides the perfect outdoor space for relaxation or future landscaping projects. The property also benefits from a driveway, offering off-road parking for convenience.

Situated in a prime Harborne location, this home is within easy reach of local amenities, excellent schools, transport links, and Harborne High Street, making it an ideal project for families or investors looking to create a stunning modern home.

ROOM SIZES:

GROUND FLOOR
Porch
Lounge/Diner: 25' 1" x 10' 6" (7.65m x 3.2m)
Kitchen: 9' 1" x 7' 6" (2.77m x 2.29m)

FIRST FLOOR
Landing
Bedroom One: 11' 11" x 10' 0" (3.63m x 3.05m)
Bedroom Two: 10' 5" x 10' 0" (3.18m x 3.05m)
Bedroom Three: 8' 5" x 7' 10" (2.57m x 2.39m)
Bathroom: 6' 5" x 5' 6" (1.96m x 1.68m)

OUTSIDE
Driveway
Garage
Rear Garden

Agent Details

Martin & Co, Harborne

0121 387 6333

Next Steps?

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