3 Bed Terraced House, Cash/Bridging Only, Birmingham, B32 3HX, £165,000

Ambleside, Bartley Green, Birmingham, B32 3HX - 2 views - 20 days ago

Leasehold
Cash
ROI: 5%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£95K - £265K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£168,300

 

 

End Value (After Refurb)

£205,820

Uplift in Value

+25%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Refurb Costs

£36,800

Bridging Loan Interest

£4,331

Total Cash In

£93,581

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£205,820

Mortgage (After Refinance)

£154,365

Mortgage LTV

75%

Cash Released

£30,615

Cash Left In

£62,966

Equity

£51,455

Rent Range

£900 - £3,500

Rent Estimate

£1,343

Running Costs/mo

£932

Cashflow/mo

£411

Cashflow/yr

£4,935

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £95K to £265K, average is £178.5K. £1.4K/m² to £4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£167.5K09/210.01 mi123, Ambleside, Birmingham, West Midlands B32 3HX3
£231K06/230.06 mi9, The Knoll, Birmingham, West Midlands B32 3HZ3
£160K12/200.1 mi9, Green Drive, Birmingham, West Midlands B32 3HU3
£179K02/210.1 mi121, Jiggins Lane, Birmingham, West Midlands B32 3EL3
£210K06/210.12 mi105, Jiggins Lane, Birmingham, West Midlands B32 3LD3
£170K06/230.15 mi126, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£180K08/210.15 mi130, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£250K05/230.16 mi174, Jiggins Lane, Birmingham, West Midlands B32 3EN3
£220K01/240.17 mi5, Willow Coppice, Birmingham, West Midlands B32 3JA3
£172.5K04/210.17 mi23, Willow Coppice, Birmingham, West Midlands B32 3JA3
£165K04/210.17 mi17, Willow Coppice, Birmingham, West Midlands B32 3JA3
£235K01/210.19 mi9, Jiggins Lane, Birmingham, West Midlands B32 3LE3
£181K03/230.19 mi15, Kingsbridge Road, Birmingham, West Midlands B32 3EU3
£175K03/240.19 mi34, Pickering Croft, Birmingham, West Midlands B32 3LN3
£210K07/230.2 mi155, Clapgate Lane, Birmingham, West Midlands B32 3DT3
£246K11/220.22 mi204, Jiggins Lane, Birmingham, West Midlands B32 3ER3
£175K12/200.22 mi226, Jiggins Lane, Birmingham, West Midlands B32 3ER3
£105K03/210.22 mi19, Adams Hill, Birmingham, West Midlands B32 3QJ3
£160K04/210.23 mi50, Clapgate Lane, Birmingham, West Midlands B32 3DP3
£247.5K03/230.23 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£138K12/200.24 mi53, Foredraft Close, Birmingham, West Midlands B32 3TP3
£170K12/230.25 mi8, Romsley Road, Birmingham, West Midlands B32 3QB3
£160K06/230.26 mi16, Tantallon Drive, Birmingham, West Midlands B32 3LT3
£156K11/200.27 mi34, Glen Side, Birmingham, West Midlands B32 3RU3
£238K01/230.3 mi43, Highmore Drive, Birmingham, West Midlands B32 3JY3
£215K11/200.3 mi22, Highmore Drive, Birmingham, West Midlands B32 3JY3
£243K12/200.3 mi4, Fernwoods, Birmingham, West Midlands B32 3RL3
£194.5K09/210.31 mi296, Jiggins Lane, Birmingham, West Midlands B32 3HJ3
£237K08/220.31 mi288, Jiggins Lane, Birmingham, West Midlands B32 3HJ3
£232K02/230.31 mi272, Jiggins Lane, Birmingham, West Midlands B32 3HJ3
£115K01/210.31 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£115K01/210.31 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£110K10/210.32 mi38, Malpas Drive, Birmingham, West Midlands B32 3QF3
£95K02/210.32 mi8, Flavell Close, Birmingham, West Midlands B32 3NY3
£230K09/210.32 mi5, Flavell Close, Birmingham, West Midlands B32 3NY3
£265K05/240.32 mi3, Flavell Close, Birmingham, West Midlands B32 3NY3
£176.5K11/220.32 mi35, Ox Leasow, Birmingham, West Midlands B32 3TN3
£192K07/230.33 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£150K11/200.35 mi38, Ox Leasow, Birmingham, West Midlands B32 3TW3
£166K06/230.35 mi6, Monmouth Road, Birmingham, West Midlands B32 3LX3
£139K05/210.37 mi35, Malpas Drive, Birmingham, West Midlands B32 3QE3
£225K07/230.38 mi24, Romsley Road, Birmingham, West Midlands B32 3PS3
£205.5K01/240.39 mi6, Smiths Close, Birmingham, West Midlands B32 3NZ3
£178K02/240.39 mi18, Bark Piece, Birmingham, West Midlands B32 3TJ3
£188K11/230.39 mi5, Carmel Grove, Birmingham, West Midlands B32 3PL3
£195K02/240.4 mi54, Bean Croft, Birmingham, West Midlands B32 3TG3
£150K10/210.4 mi44, Little Hill Way, Birmingham, West Midlands B32 3RZ3
£160K11/230.4 mi19, Wood Leasow, Birmingham, West Midlands B32 3SE3
£153.9K11/200.41 mi56, Warston Avenue, Woodgate Valley, Birmingham, West Midlands B32 3SU3
£230K10/210.41 mi24, Heathy Farm Close, Birmingham, West Midlands B32 3PA3

Local Rents

52 rents from £900/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.01 miAmbleside, Bartley Green, B323
£1,15012/240.28 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.28 miBigwood Drive, Birmingham, West Midlands, B323
£1,49512/240.34 mi-3
£1,00012/240.49 mi-3
£1,15003/250.58 mi-3
£1,15003/250.58 mi-3
£1,10003/250.62 mi-3
£1,65003/250.62 mi-3
£90012/240.69 miMoors Lane, Northfield, B313
£1,29512/240.72 miDavena Drive, Quinton, Birmingham3
£1,29512/240.72 miDavena Drive, Quinton, Birmingham3
£1,29512/240.72 miDavena Drive, Quinton, Birmingham3
£1,25012/240.72 miDavena Drive, Quinton, Birmingham3
£1,20002/250.75 mi-3
£1,20012/240.76 miCromwell Lane, BIRMINGHAM3
£1,15001/250.8 mi-3
£1,05003/250.81 mi-3
£1,20003/250.82 mi-3
£1,25002/240.83 mi-3
£1,26001/250.83 mi-3
£1,10012/240.9 miForsythia Close, BIRMINGHAM3
£1,10012/240.9 miForsythia Close, Northfield3
£1,10003/250.91 mi-3
£1,20012/240.92 mi-3
£1,20012/240.92 mi-3
£1,25012/240.97 miHomedene Road, Birmingham, B31 1EW3
£1,10012/240.97 miAlwold Road, Weoley Castle, Birmingham3
£1,25012/240.97 miShenley Lane, Birmingham, B293
£1,10001/240.98 mi-3
£1,04512/240.98 miAckleton Grove, Birmingham, B29 3
£1,10512/240.99 miIlmington Road, Birmingham3
£1,10512/240.99 mi14 Ilmington Road, Selly Oak, Birmingham3
£1,19503/251 mi-3
£1,39903/251 mi-3
£1,25002/241.01 mi-3
£1,25002/241.01 mi-3
£1,70003/251.01 mi-3
£1,80003/251.01 mi-3
£1,25002/241.01 mi-3
£1,22512/241.01 miAlwold Road, Birmingham, B293
£1,20012/241.01 miAlwold Road, Birmingham, B293
£1,35001/241.03 mi-3
£2,50012/241.04 mi-3
£1,10012/241.05 mi-3
£1,35012/241.05 mi-3
£1,25001/251.06 mi-3
£1,20012/241.07 miSomerford Road, Birmingham, B293
£1,25002/241.09 mi-3
£1,25002/241.09 mi-3
£3,50012/241.1 mi-3
£2,46502/241.11 mi-3

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.20 miles away

Nearest school

0.20 miles away

Nearest train station

2.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £165,000

March 11, 2025

Floor Plans

Description

A delightful THREE-BEDROOM mid-terraced house. The property is leasehold and aimed at CASH BUYERS ONLY due to 41 years unexpired on the lease. EPC TBC.

LOCATION

Bartley Green is a very popular residential area located to the South West of Birmingham convenient for access to Birmingham City Centre and a wide range of facilities and amenities. Bartley Green was massively developed after the Second World War in 1945, with a mix of private and council housing. Bartley Green Reservoir was built in the 1930’s which provides Birmingham with its drinking water and is used by Bartley Sailing Club and nearby schools. There are several popular schools which include Woodgate and Kitwell Primary Schools and Bartley Green Secondary School. It also boasts Newman University and King Edward VI Five Ways School. It is relatively close to Harborne and junction 3 of the M5 is readily accessible. Woodgate Valley Country Park, located on Clapgate Lane, is an area of countryside that covers an area of approximately 450 acres. Other facilities include Asda located on Barnes Hill, Bartley Green Library located on Adams Hill and St Michael and All Angels Church.

SUMMARY

• CASH BUYERS ONLY due to low lease.

• Approached via the front garden and footpath to the front door.

• A fitted kitchen/diner with space for white goods.

• The main lounge is at the rear of the property with sliding patio doors overlooking the garden.

• Upstairs has three good-sized bedrooms.

• A fitted bathroom with a low-level WC and shower-over-bath configuration.

• There is an en-bloc garage in need of repair and attention.

KEY INFORMATION

Tenure: The property is leasehold with 99 years from 25 March 1967 - there are currently 41 years
unexpired. The ground rent is £32 per annum.

Council Tax Band B

Agent Details

Oulsnam, Northfield

0121 387 6390

Next Steps?

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