2 Bed Terraced House, Single Let, Birmingham, B32 3JH, £120,000

Culford Drive, Bartley Green, Birmingham, B32 3JH - 2 views - a month ago

Auction
BTL
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£82.5K - £265K
Sold Prices/m²£1.4K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£146,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£433 - £1,200

Rent Estimate

£435

Running Costs/mo

£482

Cashflow/mo

£-47

Cashflow/yr

£-564

Gross Yield

4%

Local Sold Prices

50 sold prices from £82.5K to £265K, average is £166.3K. £1.4K/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£135K09/230 mi74, Culford Drive, Birmingham, West Midlands B32 3JH2
£185K01/240 mi52, Culford Drive, Birmingham, West Midlands B32 3JH2
£190K10/230.12 mi31, Field Lane, Bartley Green, Birmingham, West Midlands B32 3JT2
£151K03/210.13 mi66, Offmoor Road, Birmingham, West Midlands B32 3PY2
£142K11/210.15 mi55, Offmoor Road, Birmingham, West Midlands B32 3PT2
£255K01/240.17 mi19, Pomeroy Road, Bartley Green, Birmingham, West Midlands B32 3EH2
£175K04/240.19 mi30, Romsley Road, Birmingham, West Midlands B32 3PS2
£200K05/230.2 mi41, Romsley Road, Birmingham, West Midlands B32 3PR2
£137.5K03/240.29 mi27, Milebrook Grove, Birmingham, West Midlands B32 4EP2
£180K11/220.36 mi4, Bickington Road, Birmingham, West Midlands B32 3EY2
£160K05/230.39 mi33, Tamerton Road, Birmingham, West Midlands B32 3HF2
£142K03/240.42 mi28, Ludford Road, Birmingham, West Midlands B32 3PG2
£233K01/240.42 mi66, Clover Drive, Birmingham, West Midlands B32 3DJ2
£185K02/230.44 mi179, Field Lane, Bartley Green, Birmingham, West Midlands B32 4HL2
£150K11/210.44 mi5, Windsor View, Birmingham, West Midlands B32 4DB2
£153.5K02/210.44 mi50, Windsor View, Birmingham, West Midlands B32 4DB2
£150K07/210.5 mi328, Adams Hill, Birmingham, West Midlands B32 3PD2
£175K09/230.55 mi15, Earls Ferry Gardens, Birmingham, West Midlands B32 4JL2
£207K02/230.58 mi79, Moors Lane, Birmingham, West Midlands B31 1DG2
£186K01/210.59 mi1, Pine Woods, Bartley Green, Birmingham, West Midlands B32 3RD2
£170K01/230.63 mi9, Simcox Gardens, Birmingham, West Midlands B32 3RX2
£160K09/230.65 mi66, Ralphs Meadow, Woodgate Valley, Birmingham, West Midlands B32 3RW2
£151K09/210.72 mi31, Lye Avenue, Birmingham, West Midlands B32 3UE2
£146K11/210.74 mi61, Warston Avenue, Birmingham, West Midlands B32 3ST2
£190K02/230.74 mi20, Maxstoke Close, Birmingham, West Midlands B32 4JX2
£125K02/210.74 mi92, County Close, Woodgate, Birmingham, West Midlands B32 3SZ2
£265K05/240.74 mi122, Senneleys Park Road, Birmingham, West Midlands B31 1AN2
£151K04/210.76 mi11, Allwood Gardens, Birmingham, West Midlands B32 3UA2
£167.5K11/200.77 mi130, Mill Lane, Quinton, Birmingham, West Midlands B32 3BE2
£193K09/230.77 mi127, Mill Lane, Quinton, Birmingham, West Midlands B32 3BB2
£170K04/230.77 mi214, Sommerfield Road, Birmingham, West Midlands B32 3TA2
£160K11/220.78 mi25, Tibbats Close, Birmingham, West Midlands B32 3TE2
£140K11/200.8 mi318, Stonehouse Lane, Quinton, Birmingham, West Midlands B32 3AL2
£238K01/230.8 mi340, Stonehouse Lane, Quinton, Birmingham, West Midlands B32 3AL2
£148K01/240.81 mi8, Woodgate Lane, Birmingham, West Midlands B32 3QY2
£212K02/230.82 mi12a, Shenley Fields Drive, Birmingham, West Midlands B31 1XH2
£175K10/230.82 mi33, Woodgate Lane, Birmingham, West Midlands B32 3QU2
£122K10/230.84 mi73, Woodgate Gardens, Birmingham, West Midlands B32 3UW2
£178K01/230.84 mi20, Millmead Road, Bartley Green, Birmingham, West Midlands B32 3AX2
£222K12/230.84 mi31, Millmead Road, Bartley Green, Birmingham, West Midlands B32 3AX2
£152.5K05/210.85 mi31, Overfield Road, Birmingham, West Midlands B32 3BA2
£150K02/210.85 mi27, Millmead Road, Birmingham, West Midlands B32 3AX2
£165K11/200.85 mi2, Greenways, Northfield, Birmingham, West Midlands B31 1XB2
£82.5K02/210.85 mi11, Greenways, Northfield, Birmingham, West Midlands B31 1XB2
£124K11/210.85 mi30, Rushy Piece, Birmingham, West Midlands B32 3SL2
£180.5K12/220.89 mi27, Forsythia Close, Birmingham, West Midlands B31 1XN2
£215K10/230.95 mi51, Nailers Close, Birmingham, West Midlands B32 3QR2
£135K11/200.95 mi21, Nailers Close, Birmingham, West Midlands B32 3QR2
£193K02/230.95 mi29, Nailers Close, Birmingham, West Midlands B32 3QR2
£158K01/211 mi12, The Rookery, Halesowen, West Midlands B62 0QD2

Local Rents

27 rents from £433/mo to £1.2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£92512/240.03 miCulford Drive, Birmingham, West Midlands, B322
£92501/250.08 mi-2
£1,00012/240.4 mi-2
£1,20012/240.46 miHeathy Farm Close, Bartley Green, Birmingham2
£82512/240.69 miClent Way, Bartley Green2
£85004/250.7 mi-2
£80003/250.7 mi-2
£79512/240.71 miFlat 4, 127 Kitwell Lane, Bartley Green, West Midlands, B32 4np2
£75012/240.71 miFlat 4, 127 Kitwell Lane, Bartley Green, West Midlands, B32 4np2
£82512/240.72 miClent Way, Bartley Green2
£1,10012/240.74 mi-2
£85012/240.82 miThe Hill, Quinton, Birmingham2
£92512/240.84 mi-2
£95012/240.84 mi-2
£92512/240.84 mi-2
£92512/240.84 mi-2
£95001/250.84 mi-2
£95001/250.84 mi-2
£95001/250.84 mi-2
£95012/240.84 mi-2
£95001/250.85 mi-2
£97503/250.9 mi-2
£85004/250.95 mi-2
£85012/241.16 mi-2
£90012/241.22 miHopstone Road, Selly Oak, B292
£45112/241.23 miRaddlebarn Road, Birmingham, B292
£43312/241.23 miSt Stephen Road, Birmingham, B292

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.39 miles away

Nearest school

0.10 miles away

Nearest train station

2.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £120,000

March 13, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • End Terraced Property +
  • Two Bedrooms +
  • First Floor Bathroom +
  • No Chain +
  • Double Glazing +

SUMMARY
Ideal for first time buyers or buy to let investors, offered with no chain, call today on to book your viewing.

DESCRIPTION
Set in a cul-de-sac location this end terraced property is offered with no chain and has bags of potential, why not join us on a viewing, call today on .

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Approach 
Set behind a neat lawned foregarden with foothpath leading to the main accommodation.

Porch 
Double glazed door and window to the side, tiled flooring, metre cupboard.

Entrance Hallway 
Ceiling light point, staircase off, double glazed sliding doors onto;

Lounge 12' 1" x 15' 8" ( 3.68m x 4.78m )

Kitchen 10' 8" x 6' 5" ( 3.25m x 1.96m )
Ceiling light point, tiled flooring, gas cooker point, sink with drainer, plumbing for washing machine, wall and base units, full height double glazed window to the front.

Landing 
Frosted double glazed window to the front, storage cupboard, wall light point.

Bedroom One 11' 4" x 11' 6" ( 3.45m x 3.51m )
Double glazed window to the rear, ceiling light point, storage cupboard.

Bedroom Two 9' 7" x 8' 9" ( 2.92m x 2.67m )
Double glazed window to the front, ceiling light point, storage cupboard.

Shower Room 
Walk- in shower cubicle, hand wash basin, low flush w.c, tiled flooring, part tiling to the walls, storage cupborad.

Rear Garden 
Patio, mature trees and flower borders.

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: Connells 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: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, B'ham West - Harborne

0121 387 6257

Next Steps?

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