3 Bed Semi-Detached House, Single Let, Birmingham, B24 8HP, £240,000

Tyburn Road, Birmingham, West Midlands, B24 8HP - 1 views - a month ago

Sold STC
BTL
ROI: 1%
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£15.8K - £296K
Sold Prices/m²£185/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£192,205

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£850 - £3,350

Rent Estimate

£1,008

Running Costs/mo

£972

Cashflow/mo

£36

Cashflow/yr

£437

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £15.8K to £296K, average is £189.3K. £185/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£186K09/210 mi398, Tyburn Road, Birmingham, West Midlands B24 8HP3
£160K12/200.04 mi209, Wheelwright Road, Birmingham, West Midlands B24 8HR3
£200K10/200.1 mi162, Wheelwright Road, Birmingham, West Midlands B24 8HB3
£155K05/210.12 mi19, Bracebridge Road, Birmingham, West Midlands B24 8JQ3
£172K10/200.14 mi26, Alleyne Road, Birmingham, West Midlands B24 8EL3
£210K07/210.17 mi2, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£198K10/210.17 mi25, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£225K09/230.17 mi23, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3
£155K11/210.17 mi29, Alleyne Road, Birmingham, West Midlands B24 8EJ3
£215K02/230.19 mi468, Tyburn Road, Birmingham, West Midlands B24 8EE3
£215K10/230.19 mi474, Tyburn Road, Birmingham, West Midlands B24 8EE3
£212K05/230.19 mi460, Tyburn Road, Birmingham, West Midlands B24 8EE3
£172.5K09/210.22 mi75, Bracebridge Road, Birmingham, West Midlands B24 8JG3
£257K01/230.24 mi54, Ansell Road, Erdington, Birmingham, West Midlands B24 8LU3
£235K07/230.24 mi46, Ansell Road, Erdington, Birmingham, West Midlands B24 8LU3
£185K05/230.24 mi37, Tonbridge Road, Birmingham, West Midlands B24 8ED3
£281K11/210.25 mi33, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£260K07/230.27 mi106, Wheelwright Road, Birmingham, West Midlands B24 8PD3
£225K10/200.27 mi77, Wheelwright Road, Birmingham, West Midlands B24 8PE3
£223K01/230.27 mi69, Wheelwright Road, Birmingham, West Midlands B24 8PE3
£285K05/210.28 mi35, Shepherds Green Road, Birmingham, West Midlands B24 8EX3
£135K09/210.29 mi276, Tyburn Road, Birmingham, West Midlands B24 8LT3
£15.8K12/230.3 mi33, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£180K07/210.3 mi27, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£175K01/210.3 mi68, Downside Road, Birmingham, West Midlands B24 8PH3
£172.5K11/220.32 mi120, Croydon Road, Erdington, Birmingham, West Midlands B24 8JL3
£260K02/230.33 mi150, Erdington Hall Road, Birmingham, West Midlands B24 8JD3
£150K01/210.34 mi181, Hawkesyard Road, Birmingham, West Midlands B24 8LJ3
£167K03/210.34 mi153, Hawkesyard Road, Birmingham, West Midlands B24 8LJ3
£175K06/230.36 mi190, Hawkesyard Road, Birmingham, West Midlands B24 8LH3
£140K06/210.37 mi63, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JR3
£217K03/230.37 mi25, St Dominics Road, Birmingham, West Midlands B24 8LL3
£290K05/230.42 mi31, Lyndhurst Road, Birmingham, West Midlands B24 8QR3
£260K06/220.42 mi29, Lyndhurst Road, Birmingham, West Midlands B24 8QR3
£267K12/220.42 mi19, Lyndhurst Road, Birmingham, West Midlands B24 8QR3
£100K04/230.44 mi96, Hawkesyard Road, Birmingham, West Midlands B24 8LF3
£177K04/230.44 mi71, Hawkesyard Road, Birmingham, West Midlands B24 8LP3
£150K01/210.44 mi197, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QX3
£220K06/210.45 mi19, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JT3
£160.5K08/210.46 mi35, Belvedere Road, Birmingham, West Midlands B24 9RN3
£296K01/230.47 mi194, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QY3
£86K05/230.52 mi2, Glenthorne Road, Birmingham, West Midlands B24 9RB3
£140K06/210.52 mi40, Hawkesyard Road, Birmingham, West Midlands B24 8LE3
£170K04/230.53 mi130, Minstead Road, Birmingham, West Midlands B24 8PX3
£139K07/210.55 mi14, Bisley Grove, Birmingham, West Midlands B24 9RD3
£210K08/230.56 mi161, Wood End Road, Erdington, Birmingham, West Midlands B24 8BL3
£220K05/210.61 mi99, Gravelly Hill, Birmingham, West Midlands B23 7NR3
£192.5K01/230.61 mi71, Round Road, Birmingham, West Midlands B24 9QY3
£182.5K08/220.61 mi104, Drews Lane, Birmingham, West Midlands B8 2QF3
£210K01/230.62 mi111, Wood End Road, Erdington, Birmingham, West Midlands B24 8BH3

Local Rents

10 rents from £850/mo to £3.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10012/240 miTyburn Road, Erdington3
£1,10012/240.24 miAnsell Road, Erdington3
£1,20002/240.39 mi-3
£1,25012/240.39 mi-3
£1,27503/250.45 mi-3
£99512/240.45 miTyburn Road, Birmingham3
£1,20012/240.45 mi-3
£85012/240.53 miMinstead Road,Erdington,Birmingham,B243
£1,40012/240.59 mi-3
£3,35002/240.62 mi-3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

3.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Listed for £240,000

March 11, 2025

Description

Dixons are pleased to present this three bedroom semi-detached property in Erdington.

The property is ideally located by transport & motorway links, and also benefits from off road parking and a pleasant rear garden with a rear garage.

Accommodation briefly comprises; one reception room, kitchen diner and conservatory on the ground floor, with three bedrooms and a family bathroom on the first floor.

The property also benefits from solar panels.

Viewing is highly recommended to fully appreciate this property and to avoid disappointment.

Located by schools, parks, shops and amenities. There are also motorway and transport links nearby

Agent Details

Dixons, Erdington

0121 387 6273

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪