3 Bed Terraced House, Single Let, Birmingham, B9 5RG, £170,000

Fourth Avenue, BIRMINGHAM, West Midlands, B9 5RG - 1 views - a month ago

Auction
BTL
ROI: 6%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£82K - £250K
Sold Prices/m²£812/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£173,729
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£990 - £1,600

Rent Estimate

£1,000

Running Costs/mo

£751

Cashflow/mo

£249

Cashflow/yr

£2,985

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £82K to £250K, average is £161K. £812/m² to £2.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£167.5K10/210.02 mi20, Fourth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RQ3
£150K04/230.02 mi78, Fourth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RQ3
£100K05/230.03 mi14, Fifth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RD3
£145K10/210.06 mi83, Fifth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RB3
£145K12/200.06 mi95, Fifth Avenue, Bordesley Green, Birmingham, West Midlands B9 5RB3
£140K08/210.06 mi130, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RL3
£153K01/210.07 mi24, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RJ3
£125K08/220.07 mi2, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RJ3
£180K08/220.08 mi95, Third Avenue, Bordesley Green, Birmingham, West Midlands B9 5RN3
£135K08/220.08 mi423, Bordesley Green, Birmingham, West Midlands B9 5RE3
£133.5K02/210.08 mi28, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QY3
£134K01/210.08 mi96, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QY3
£89K10/200.1 mi412, Bordesley Green, Birmingham, West Midlands B9 5NE3
£165K11/200.12 mi11a, Blake Lane, Bordesley Green, Birmingham, West Midlands B9 5QT3
£184K11/220.12 mi396, Bordesley Green, Birmingham, West Midlands B9 5ND3
£215K12/220.12 mi392, Bordesley Green, Birmingham, West Midlands B9 5ND3
£182.5K12/220.16 mi437, Green Lane, Small Heath, Birmingham, West Midlands B9 5PP3
£145K12/220.18 mi25, Churchill Road, Birmingham, West Midlands B9 5NY3
£250K12/220.18 mi126, Burlington Road, Small Heath, Birmingham, West Midlands B10 9PD3
£150K10/220.19 mi61, Pretoria Road, Birmingham, West Midlands B9 5LJ3
£147K02/220.19 mi47, Pretoria Road, Birmingham, West Midlands B9 5LJ3
£160K01/210.22 mi531, Bordesley Green, Birmingham, West Midlands B9 5XH3
£160K06/230.22 mi48, Mansel Road, Birmingham, West Midlands B10 9PG3
£165K11/200.23 mi156, Bankes Road, Birmingham, West Midlands B10 9PH3
£162.5K10/200.25 mi126, Fordrough Lane, Bordesley Green, Birmingham, West Midlands B9 5LB3
£182K05/230.25 mi5, Burlington Road, Small Heath, Birmingham, West Midlands B10 9PT3
£185K02/210.25 mi64, Drummond Road, Bordesley Green, Birmingham, West Midlands B9 5XL3
£200K07/230.25 mi222, Bankes Road, Birmingham, West Midlands B10 9PJ3
£245K02/230.26 mi86, Bankes Road, Birmingham, West Midlands B10 9PS3
£170K12/200.27 mi31, Marchmont Road, Bordesley Green, Birmingham, West Midlands B9 5XX3
£195K04/210.27 mi23, Marchmont Road, Bordesley Green, Birmingham, West Midlands B9 5XX3
£170K12/200.27 mi31, Marchmont Road, Bordesley Green, Birmingham, West Midlands B9 5XX3
£135K01/210.29 mi144, Pretoria Road, Birmingham, West Midlands B9 5LQ3
£135K01/210.3 mi59, Mansel Road, Birmingham, West Midlands B10 9NR3
£240K08/220.3 mi115, Churchill Road, Birmingham, West Midlands B9 5NX3
£148K07/210.31 mi245, Floyer Road, Small Heath, Birmingham, West Midlands B10 9NH3
£210K05/210.32 mi15, Finnemore Road, Bordesley Green, Birmingham, West Midlands B9 5XN3
£153K09/220.32 mi251, Bordesley Green, Birmingham, West Midlands B9 5EX3
£159.3K11/200.34 mi123, Botha Road, Bordesley Green, Birmingham, West Midlands B9 5LR3
£228K06/210.35 mi509, Belchers Lane, Bordesley Green, Birmingham, West Midlands B9 5XR3
£152K03/210.36 mi189, Colonial Road, Bordesley Green, Birmingham, West Midlands B9 5NP3
£225K02/230.36 mi11, Bankes Road, Birmingham, West Midlands B10 9PP3
£166K11/200.36 mi364, Heather Road, Small Heath, Birmingham, West Midlands B10 9BB3
£200K01/210.38 mi563, Bordesley Green, Birmingham, West Midlands B9 5XY3
£140K11/200.38 mi381, Heather Road, Small Heath, Birmingham, West Midlands B10 9BG3
£165K11/200.38 mi383, Heather Road, Small Heath, Birmingham, West Midlands B10 9BG3
£82K07/220.39 mi11, Springbank, Birmingham, West Midlands B9 5FN3
£175K09/210.4 mi111, Hob Moor Road, Small Heath, Birmingham, West Midlands B10 9BH3
£140K03/210.43 mi20, Lupin Grove, Birmingham, West Midlands B9 5HN3
£162K03/230.44 mi117, Carlton Road, Small Heath, Birmingham, West Midlands B9 5EE3

Local Rents

12 rents from £990/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.1 mi-3
£1,40001/250.1 mi-3
£1,15011/240.23 mi-3
£1,10012/240.25 mi-3
£1,10004/250.25 mi-3
£1,30012/240.29 mi-3
£1,30003/250.35 mi-3
£1,00012/240.44 miCarlton Road, Birmingham, B93
£1,00012/240.45 miGrange Road, Small Heath, Birmingham, B103
£1,20001/250.47 mi-3
£99012/230.5 mi-3
£1,60012/240.61 miBelchers Lane, Birmingham, B93

Local Area Statistics

Population in B9

24,915

Population in Birmingham

1,034,821

Town centre distance

1.71 miles away

Nearest school

0.30 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+28%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £170,000

March 12, 2025

Floor Plans

Description

Bairstow Eves are pleased to offer this deceptively spacious three bedroom property for sale with the added benefit of no chain.

The property in brief comprises of;

Entrance hallway, two reception rooms, fitted kitchen, downstairs bathroom and three bedrooms upstairs.

The property has a rear garden.

Please contact us to arrange a viewing!

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Bairstow Eves, Acocks Green

0121 387 6310

Next Steps?

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