3 Bed Terraced House, Single Let, Birmingham, B23 6LS, £210,000

Gravelly Lane, Birmingham, B23 6LS - a month ago

Sold STC
BTL
ROI: 3%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£95K - £270K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£207,335

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£925 - £1,480

Rent Estimate

£1,019

Running Costs/mo

£880

Cashflow/mo

£139

Cashflow/yr

£1,667

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £95K to £270K, average is £200K. £1.3K/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£232K08/210.06 mi28, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NA3
£232.5K06/210.06 mi42, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NA3
£240K04/230.07 mi166, Gravelly Lane, Birmingham, West Midlands B23 6LT3
£230K07/230.07 mi162, Gravelly Lane, Birmingham, West Midlands B23 6LT3
£215K12/200.07 mi15, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NE3
£250K09/210.07 mi25, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NE3
£171.8K12/200.07 mi41, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NE3
£168K02/230.07 mi27, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NE3
£214.3K07/230.07 mi19, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NE3
£192K01/210.07 mi38, Dean Road, Birmingham, West Midlands B23 6QF3
£177K04/210.09 mi45, Dean Road, Birmingham, West Midlands B23 6QE3
£235K03/210.11 mi56, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NB3
£270K08/210.11 mi20, Johnson Road, Birmingham, West Midlands B23 6PU3
£200K06/210.11 mi62, Somerset Road, Erdington, Birmingham, West Midlands B23 6NG3
£160K10/200.12 mi61, Johnson Road, Birmingham, West Midlands B23 6PX3
£240K04/210.13 mi54, Norfolk Road, Erdington, Birmingham, West Midlands B23 6NB3
£145K12/200.13 mi46, Johnson Road, Birmingham, West Midlands B23 6PY3
£169.9K08/210.15 mi196, Gravelly Lane, Birmingham, West Midlands B23 5SN3
£182.5K02/230.17 mi9, Gravelly Lane, Birmingham, West Midlands B23 6UJ3
£230K04/210.17 mi76, Somerset Road, Erdington, Birmingham, West Midlands B23 6NH3
£190K02/210.17 mi98, Somerset Road, Erdington, Birmingham, West Midlands B23 6NH3
£131K03/210.18 mi123, Summer Road, Erdington, Birmingham, West Midlands B23 6DX3
£217.5K09/210.19 mi87, Somerset Road, Erdington, Birmingham, West Midlands B23 6NJ3
£162.5K11/200.21 mi57, Court Lane, Birmingham, West Midlands B23 6NR3
£158K09/210.23 mi78, Marsh Lane, Birmingham, West Midlands B23 6PJ3
£220K12/220.24 mi88, New Street, Erdington, Birmingham, West Midlands B23 6TU3
£242.5K04/230.24 mi23, Balmoral Road, Erdington, Birmingham, West Midlands B23 6NY3
£151K12/200.26 mi81, Court Lane, Birmingham, West Midlands B23 5SH3
£176.9K01/210.29 mi120, Short Heath Road, Erdington, Birmingham, West Midlands B23 6JT3
£227K08/210.31 mi28, Highland Road, Erdington, Birmingham, West Midlands B23 6PA3
£212.5K02/210.31 mi20, Highland Road, Erdington, Birmingham, West Midlands B23 6PA3
£260K04/210.31 mi3, Robin Road, Birmingham, West Midlands B23 6PB3
£255K01/230.32 mi44, Anderson Road, Birmingham, West Midlands B23 6NN3
£235K12/210.32 mi50, Goosemoor Lane, Birmingham, West Midlands B23 5PN3
£177K03/230.32 mi119, Marsh Lane, Birmingham, West Midlands B23 6HY3
£235K06/230.33 mi11, Anderson Road, Birmingham, West Midlands B23 6NL3
£195K12/200.33 mi6, Robin Road, Birmingham, West Midlands B23 6PG3
£177K04/210.34 mi73, Goosemoor Lane, Birmingham, West Midlands B23 5PW3
£235K08/220.34 mi19, Robert Avenue, Birmingham, West Midlands B23 5RD3
£180K06/230.34 mi27, Robert Avenue, Birmingham, West Midlands B23 5RD3
£150K07/230.35 mi26, Machin Road, Birmingham, West Midlands B23 6DR3
£195K01/210.35 mi51, Bonsall Road, Erdington, Birmingham, West Midlands B23 5SX3
£260K03/230.35 mi41, Bonsall Road, Erdington, Birmingham, West Midlands B23 5SX3
£180K12/220.35 mi9, Colyns Grove, Birmingham, West Midlands B33 9JP3
£200K12/200.35 mi50, Bonsall Road, Erdington, Birmingham, West Midlands B23 5SY3
£205K04/230.38 mi111, Regan Crescent, Birmingham, West Midlands B23 5NH3
£232K06/210.38 mi152, Short Heath Road, Erdington, Birmingham, West Midlands B23 6JX3
£170K03/210.38 mi97, South Road, Erdington, Birmingham, West Midlands B23 6EH3
£159K04/210.38 mi109, South Road, Erdington, Birmingham, West Midlands B23 6EH3
£95K12/200.38 mi18, Rowden Drive, Birmingham, West Midlands B23 5UH3

Local Rents

46 rents from £925/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.01 mi-3
£1,10012/240.04 mi-3
£1,25012/230.05 mi-3
£1,29902/240.09 mi-3
£1,34903/250.09 mi-3
£1,19504/250.1 mi-3
£1,10012/240.11 mi-3
£1,20010/240.17 mi-3
£1,20003/250.17 mi-3
£1,30011/240.2 mi-3
£1,10011/240.26 mi-3
£1,20012/240.29 miShort Heath Road, Erdington3
£1,40004/250.29 mi-3
£1,20001/240.3 mi-3
£1,30011/230.33 mi-3
£1,20003/250.34 mi-3
£1,25001/250.35 mi-3
£1,35012/240.38 mi-3
£1,15011/240.38 mi-3
£1,10009/240.38 mi-3
£1,25002/240.39 mi-3
£1,25002/240.39 mi-3
£1,20012/240.42 miStanwell Grove, Birmingham, B233
£1,48012/240.43 miEdwards Road, BIRMINGHAM3
£1,05012/240.44 miWatt Road, Birmingham, West Midlands3
£1,35001/240.45 mi-3
£1,10012/240.46 miMarsh Lane, Birmingham, B233
£1,35001/240.48 mi-3
£1,25012/240.48 mi-3
£1,25012/240.48 mi-3
£1,15002/240.49 mi-3
£1,10012/240.5 miJerrys Lane, Erdington, Birmingham3
£1,30012/240.5 mi-3
£1,10012/240.51 miEdwards Road, Birmingham, West Midlands, B243
£92512/240.52 mi-3
£1,15012/240.53 miEdwards Road, Erdington. B24 9HB3
£1,20012/240.53 miChudleigh Road, Erdington3
£1,20003/240.53 mi-3
£1,40003/240.57 mi-3
£1,40012/240.57 miNewman Road, Birmingham, B243
£1,00012/240.57 miMoor End Lane, BIRMINGHAM3
£1,20012/240.58 miMarston Road, Boldmere, Sutton Coldfield, West Midlands3
£1,05012/240.59 miThe Parklands, Birmingham, West Midlands, B233
£1,05012/240.59 miThe Parklands, Birmingham, West Midlands, B233
£1,19512/240.6 miRaford Road, Birmingham, B233
£1,19503/240.6 mi-3

Local Area Statistics

Population in B23

42,854

Population in Birmingham

1,034,821

Town centre distance

4.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £210,000

March 11, 2025

Floor Plans

Description

  • NO UPWARDS CHAIN +
  • THREE BEDROOM FAMILY HOME +
  • LARGE DRIVEWAY +
  • MODERNISED KITCHEN +
  • AMPLE STORAGE +

SUMMARY
A WELL PRESENTED 3 BEDROOM MID-TERRACED FAMILY HOME in a VERY POPULAR AREA of ERDINGTON with a MODERNISED KITCHEN/DINER, RECEPTION ROOM and 3 DOUBLE BEDROOMS and SO MUCH MORE!

DESCRIPTION
Burchell Edwards Erdington are pleased to bring to market this well presented three bedroom family home that offers fantastic living and bedroom space that would be the perfect next step on the property ladder for a growing family! Offering a spacious style throughout with a family bathroom and an extended kitchen, low maintenance rear garden and so much more! Book your viewing with Burchell Edwards today!

Entrance Porch 
Storage and lino flooring.

Entrance Hallway 
Stairs to first floor accommodation and laminate flooring.

Guest W.C 
W.C, wash hand basin, central heating radiator, tiling to walls and tiled flooring.

Lounge 14' 6" x 11' 6" ( 4.42m x 3.51m )
Double glazed window to front elevation, central heating radiator and laminate flooring.

Kitchen 17' 10" x 9' 8" ( 5.44m x 2.95m )
Double glazed window to rear elevation, door to rear elevation, a range of wall and base units with work surface over incorporating a sink with drainer unit, integrated cooker and hob, tiling to splash prone areas, central heating radiator and laminate flooring.

Bedroom One 14' 1" x 11' ( 4.29m x 3.35m )
Double glazed window to front elevation, central heating radiator and carpet.

Bedroom Two 12' 8" x 11' 1" ( 3.86m x 3.38m )
Double glazed window to rear elevation, central heating radiator and carpet.

Bedroom Three 8' 8" x 8' 6" ( 2.64m x 2.59m )
Double glazed window to front elevation, central heating radiator and carpet.

Bathroom 
Double shower cubicle, W.C, wash hand basin, tiling to walls and tiled flooring.

Rear Garden 
Patio area, lawned area and fecning to all boundaries.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Burchell Edwards, Erdington

0121 387 6363

Next Steps?

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