3 Bed Terraced House, Refurb/BRRR, Birmingham, B44 8NN, £200,000

30 Newton Road, Great Barr, Birmingham, West Midlands B43 6BW - 6 views - a month ago

Refurb/BRRR

ROI: 2%

~93 m²

+7 photos

ValuationUndervalued

Sold Prices	£139.9K - £246K
Sold Prices/m²	£2.2K/m² - £3.3K/m²

Square Metres	~93 m²
Price/m²	£2.2K/m²
Value Estimate	£206,000£206,000
BMV	3%

End Value (After Refurb)	£232,500£232,500
Uplift in Value	+16%+16%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£50,000£50,000
Stamp Duty & Legal Fees	£11,200£11,200
Refurb Costs	£36,800£36,800
Bridging Loan Interest	£5,250£5,250
Total Cash In	£105,000£105,000

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£232,500£232,500
Mortgage (After Refinance)	£174,375£174,375
Mortgage LTV	75%75%
Cash Released	£24,375£24,375
Cash Left In	£80,625£80,625
Equity	£58,125£58,125
Rent Range	£925 - £2,800£925 - £2,800
Rent Estimate	£1,186
Running Costs/mo	£984£984
Cashflow/mo	£202£202
Cashflow/yr	£2,427£2,427
ROI	2%2%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £139.9K to £246K, average is £188.8K. £2.2K/m² to £3.3K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£200K	06/23	0.01 mi	827, Aldridge Road, Great Barr, Birmingham, West Midlands B44 8NN	£3,064	65	3	Terraced House
£190K	09/21	0.01 mi	801, Aldridge Road, Great Barr, Birmingham, West Midlands B44 8NN	£2,714	70	3	Semi-Detached House
£153K	11/22	0.1 mi	370, Beeches Road, Birmingham, West Midlands B42 2QN	-	-	3	Semi-Detached House
£199.5K	11/20	0.11 mi	31, Scarsdale Road, Birmingham, West Midlands B42 2JN	£2,267	88	3	Semi-Detached House
£210K	06/23	0.11 mi	25, Scarsdale Road, Birmingham, West Midlands B42 2JN	£3,168	66	3	Semi-Detached House
£170K	01/21	0.13 mi	862, Aldridge Road, Great Barr, Birmingham, West Midlands B44 8NP	£2,500	68	3	Semi-Detached House
£188K	10/21	0.14 mi	104, Glenmead Road, Birmingham, West Midlands B44 8UQ	-	-	3	Semi-Detached House
£225K	06/23	0.14 mi	88, Glenmead Road, Birmingham, West Midlands B44 8UQ	£2,647	85	3	Semi-Detached House
£192K	02/23	0.15 mi	9, Brushfield Road, Birmingham, West Midlands B42 2QL	-	-	3	Semi-Detached House
£195K	07/21	0.16 mi	26, Meadthorpe Road, Birmingham, West Midlands B44 8TY	£2,241	87	3	Semi-Detached House
£210K	11/23	0.16 mi	14, Meadthorpe Road, Birmingham, West Midlands B44 8TY	£3,078	68	3	Semi-Detached House
£168K	04/21	0.16 mi	61, Brushfield Road, Birmingham, West Midlands B42 2QL	£2,471	68	3	Semi-Detached House
£220K	08/23	0.16 mi	3, Brushfield Road, Birmingham, West Midlands B42 2QL	£3,062	72	3	Semi-Detached House
£170K	01/21	0.17 mi	97, Hassop Road, Birmingham, West Midlands B42 2SA	£2,368	72	3	Terraced House
£175K	07/21	0.17 mi	225, Beeches Road, Birmingham, West Midlands B42 2QS	-	-	3	Semi-Detached House
£195K	10/23	0.17 mi	231, Beeches Road, Birmingham, West Midlands B42 2QS	-	-	3	Terraced House
£175K	02/23	0.18 mi	113, Meadthorpe Road, Birmingham, West Midlands B44 8UA	£2,188	80	3	Semi-Detached House
£177K	10/22	0.18 mi	357, Booths Lane, Birmingham, West Midlands B42 2JS	-	-	3	Terraced House
£195K	04/21	0.18 mi	56, Brushfield Road, Birmingham, West Midlands B42 2QJ	£3,000	65	3	Terraced House
£193.3K	10/23	0.19 mi	23, Smalldale Road, Birmingham, West Midlands B42 2RX	-	-	3	Terraced House
£195K	08/23	0.22 mi	31, Hathersage Road, Birmingham, West Midlands B42 2RZ	£2,910	67	3	Terraced House
£189.5K	09/21	0.22 mi	63, Hathersage Road, Birmingham, West Midlands B42 2RZ	£2,759	69	3	Semi-Detached House
£170K	01/21	0.22 mi	32, Hathersage Road, Birmingham, West Midlands B42 2RZ	£2,537	67	3	Semi-Detached House
£190K	05/23	0.22 mi	40, Hathersage Road, Birmingham, West Midlands B42 2RZ	-	-	3	Terraced House
£139.9K	12/20	0.22 mi	24, Regina Avenue, Birmingham, West Midlands B44 8TH	£2,187	64	3	Terraced House
£218K	03/23	0.22 mi	61, Regina Avenue, Birmingham, West Midlands B44 8TH	-	-	3	Terraced House
£192.8K	11/21	0.23 mi	8, Bradfield Road, Birmingham, West Midlands B42 2RT	£2,877	67	3	Terraced House
£153K	01/21	0.23 mi	43, Bradfield Road, Birmingham, West Midlands B42 2RT	£2,155	71	3	Semi-Detached House
£153K	01/21	0.23 mi	43, Bradfield Road, Birmingham, West Midlands B42 2RT	£2,155	71	3	Semi-Detached House
£220K	05/23	0.23 mi	28, Bradfield Road, Birmingham, West Midlands B42 2RT	£3,235	68	3	Terraced House
£158K	02/21	0.23 mi	30, Chelmorton Road, Birmingham, West Midlands B42 2QT	£2,225	71	3	Semi-Detached House
£168.8K	04/21	0.23 mi	50, Chelmorton Road, Birmingham, West Midlands B42 2QT	-	-	3	Semi-Detached House
£197K	08/21	0.23 mi	40, Chelmorton Road, Birmingham, West Midlands B42 2QT	£2,940	67	3	Semi-Detached House
£154K	12/20	0.23 mi	40, Chelmorton Road, Birmingham, West Midlands B42 2QT	£2,299	67	3	Semi-Detached House
£175K	12/22	0.24 mi	47, Regina Avenue, Birmingham, West Midlands B44 8TH	-	-	3	Terraced House
£180K	04/21	0.24 mi	93, Castleton Road, Birmingham, West Midlands B42 2RS	-	-	3	Terraced House
£195K	07/21	0.24 mi	23, Castleton Road, Birmingham, West Midlands B42 2RS	-	-	3	Semi-Detached House
£185K	01/21	0.25 mi	14, Birdbrook Road, Birmingham, West Midlands B44 8RB	£2,904	64	3	Terraced House
£242K	05/21	0.26 mi	34, Deer Park Drive, Birmingham, West Midlands B42 2ES	£2,814	86	3	Semi-Detached House
£182.5K	12/20	0.26 mi	31, Grindleford Road, Birmingham, West Midlands B42 2SG	£2,603	70	3	Terraced House
£170K	04/21	0.26 mi	110, Old Oscott Lane, Birmingham, West Midlands B44 8TS	-	-	3	Terraced House
£210K	09/22	0.27 mi	41, Grindleford Road, Birmingham, West Midlands B42 2SG	£2,635	80	3	Terraced House
£210K	02/23	0.27 mi	55, Birdbrook Road, Birmingham, West Midlands B44 8RE	£3,281	64	3	Terraced House
£178.5K	12/22	0.27 mi	119, Old Oscott Lane, Birmingham, West Midlands B44 8TU	-	-	3	Terraced House
£246K	12/22	0.28 mi	29, Grindleford Road, Birmingham, West Midlands B42 2SG	-	-	3	Terraced House
£176K	07/21	0.29 mi	50, Wingfield Road, Great Barr, Birmingham, West Midlands B42 2QD	-	-	3	Semi-Detached House
£163K	11/20	0.29 mi	124, Hathersage Road, Birmingham, West Midlands B42 2RY	£2,547	64	3	Semi-Detached House
£160K	04/21	0.29 mi	140, Hathersage Road, Birmingham, West Midlands B42 2RY	£2,388	67	3	Semi-Detached House
£210K	04/23	0.29 mi	108, Hathersage Road, Birmingham, West Midlands B42 2RY	-	-	3	Terraced House
£178K	11/20	0.3 mi	82, Delhurst Road, Birmingham, West Midlands B44 9UU	-	-	3	Semi-Detached House

Local Rents

27 rents from £925/mo to £2.8K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	12/24	0.08 mi	Somercotes Road, Birmingham	3	Flat
£1,050	12/23	0.11 mi	-	3	Semi-Detached House
£1,050	12/23	0.11 mi	-	3	Semi-Detached House
£1,099	02/25	0.16 mi	-	3	Terraced House
£1,100	12/23	0.18 mi	-	3	Semi-Detached House
£1,100	12/23	0.18 mi	-	3	Semi-Detached House
£1,100	12/23	0.18 mi	-	3	Semi-Detached House
£1,150	12/24	0.2 mi	Sandy Lane, Great Barr. B42 2QG	3	Flat
£1,100	03/25	0.22 mi	-	3	Terraced House
£1,050	12/24	0.23 mi	Chelmorton Road, BIRMINGHAM	3	Flat
£1,100	12/24	0.28 mi	-	3	Terraced House
£2,800	02/24	0.29 mi	-	3	Detached House
£995	12/24	0.29 mi	-	3	Semi-Detached House
£1,000	12/24	0.35 mi	Birdbrook Road, BIRMINGHAM	3	Flat
£925	12/24	0.35 mi	Birdbrook Road, BIRMINGHAM	3	Flat
£950	04/25	0.38 mi	-	3	Flat
£1,050	12/24	0.4 mi	Burnham Road, Great Barr, Birmingham, West Midlands	3	Detached House
£1,075	03/25	0.4 mi	-	3	Terraced House
£1,100	03/25	0.4 mi	-	3	Terraced House
£1,200	04/25	0.54 mi	-	3	Semi-Detached House
£1,600	12/24	0.56 mi	-	3	Terraced House
£950	12/24	0.58 mi	Tideswell Road, Birmingham, B42	3	Terraced House
£1,150	12/24	0.6 mi	Turnberry Road, Birmingham, Turnberry Road, B42 2HU	3	Detached House
£1,200	04/25	0.61 mi	-	3	Semi-Detached House
£1,099	12/24	0.61 mi	-	3	Terraced House
£1,195	04/25	0.61 mi	-	3	Terraced House
£1,149	03/25	0.61 mi	-	3	Terraced House

Local Area Statistics

Population in B44	37,44737,447
Population in Birmingham	1,034,8211,034,821
Town centre distance	5.32 miles away5.32 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.38 miles away1.38 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+6%+6%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+46%+46%

Property History

Listed for £200,000

March 13, 2025

Floor Plans

Description

In Need of Updating +
End Of Terrace +
Lounge +
Dining Kitchen +
Three Bedrooms +
Bathroom +
Fore and Rear Gardens +
Freehold and Offering No Upward Chain +
Available For Viewing +
Offering No Chain and Vacant Possession +

End of Terrace Property - In Need of Updating - No Chain

A three-bedroom end of terrace property offering great potential for renovation. The ground floor features an entrance hallway with an understairs storage cupboard, a bay-fronted lounge with a fire inset, and a kitchen/dining area overlooking the rear garden.

Upstairs, there are three bedrooms and a family bathroom. The property benefits from double glazing and central heating. Outside, there are gardens to the front and rear, with on-street parking available.

Energy Performance Rating: D. Offered with no onward chain.

Council Tax Band: A (Birmingham City Council)
Tenure: Freehold