3 Bed Terraced House, Single Let, Birmingham, B32 3QE, £230,000

Malpas Drive, Birmingham, West Midlands, B32 3QE - 1 views - a month ago

BTL
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£62.5K - £265K
Sold Prices/m²£743/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£202,259

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£900 - £1,800

Rent Estimate

£975

Running Costs/mo

£934

Cashflow/mo

£41

Cashflow/yr

£495

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £62.5K to £265K, average is £174K. £743/m² to £4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£139K05/210.01 mi35, Malpas Drive, Birmingham, West Midlands B32 3QE3
£110K10/210.06 mi38, Malpas Drive, Birmingham, West Midlands B32 3QF3
£130K12/200.07 mi27, Field Lane, Bartley Green, Birmingham, West Midlands B32 3JT3
£115K01/210.09 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£115K01/210.09 mi16, Culford Drive, Birmingham, West Midlands B32 3JH3
£225K07/230.11 mi24, Romsley Road, Birmingham, West Midlands B32 3PS3
£170K12/230.15 mi8, Romsley Road, Birmingham, West Midlands B32 3QB3
£189K12/200.15 mi9, Scotland Lane, Birmingham, West Midlands B32 4BU3
£105K03/210.16 mi19, Adams Hill, Birmingham, West Midlands B32 3QJ3
£238K01/230.23 mi43, Highmore Drive, Birmingham, West Midlands B32 3JY3
£215K11/200.23 mi22, Highmore Drive, Birmingham, West Midlands B32 3JY3
£220K01/240.24 mi5, Willow Coppice, Birmingham, West Midlands B32 3JA3
£172.5K04/210.24 mi23, Willow Coppice, Birmingham, West Midlands B32 3JA3
£165K04/210.24 mi17, Willow Coppice, Birmingham, West Midlands B32 3JA3
£186.7K12/200.26 mi64, Hasbury Road, Birmingham, West Midlands B32 4ED3
£62.5K01/210.26 mi24, Wolverley Road, Birmingham, West Midlands B32 4EH3
£235K01/210.26 mi9, Jiggins Lane, Birmingham, West Midlands B32 3LE3
£247.5K03/230.28 mi18, Hightree Close, Birmingham, West Midlands B32 3QP3
£192K07/230.28 mi224, Adams Hill, Birmingham, West Midlands B32 3PJ3
£231K06/230.31 mi9, The Knoll, Birmingham, West Midlands B32 3HZ3
£188K11/230.32 mi5, Carmel Grove, Birmingham, West Midlands B32 3PL3
£147K05/240.32 mi29, Vinnall Grove, Birmingham, West Midlands B32 4EJ3
£175K03/240.33 mi34, Pickering Croft, Birmingham, West Midlands B32 3LN3
£210K06/210.34 mi105, Jiggins Lane, Birmingham, West Midlands B32 3LD3
£170K06/230.35 mi126, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£180K08/210.35 mi130, Jiggins Lane, Birmingham, West Midlands B32 3LB3
£172.5K06/210.35 mi34, Trippleton Avenue, Birmingham, West Midlands B32 4DE3
£215K01/230.35 mi201, Field Lane, Bartley Green, Birmingham, West Midlands B32 4HL3
£152K10/230.36 mi15, Windsor View, Birmingham, West Midlands B32 4DB3
£240K03/230.36 mi54, Windsor View, Birmingham, West Midlands B32 4DB3
£184K11/200.37 mi27, Trippleton Avenue, Birmingham, West Midlands B32 4DG3
£160K06/230.38 mi16, Tantallon Drive, Birmingham, West Midlands B32 3LT3
£167.5K09/210.38 mi123, Ambleside, Birmingham, West Midlands B32 3HX3
£179K02/210.38 mi121, Jiggins Lane, Birmingham, West Midlands B32 3EL3
£230K01/230.38 mi25, Trimpley Road, Birmingham, West Midlands B32 3PE3
£95K02/210.39 mi8, Flavell Close, Birmingham, West Midlands B32 3NY3
£230K09/210.39 mi5, Flavell Close, Birmingham, West Midlands B32 3NY3
£265K05/240.39 mi3, Flavell Close, Birmingham, West Midlands B32 3NY3
£122K04/210.4 mi42, Burrington Road, Birmingham, West Midlands B32 4DS3
£197.5K05/230.4 mi38, Burrington Road, Birmingham, West Midlands B32 4DS3
£160K12/200.41 mi9, Green Drive, Birmingham, West Midlands B32 3HU3
£166K06/230.41 mi6, Monmouth Road, Birmingham, West Midlands B32 3LX3
£156K09/210.41 mi17, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£165K05/210.41 mi27, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£170K07/210.41 mi41, Woodgate Drive, Birmingham, West Midlands B32 4AE3
£250K05/230.42 mi174, Jiggins Lane, Birmingham, West Midlands B32 3EN3
£181K03/230.42 mi15, Kingsbridge Road, Birmingham, West Midlands B32 3EU3
£243K12/200.42 mi4, Fernwoods, Birmingham, West Midlands B32 3RL3
£155K05/230.42 mi235, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AX3
£173K02/240.42 mi229, Cromwell Lane, Northfield, Birmingham, West Midlands B31 1AX3

Local Rents

51 rents from £900/mo to £1.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10004/250.31 mi-3
£1,15012/240.32 miBigwood Drive, Birmingham, West Midlands, B323
£1,15012/240.32 miBigwood Drive, Birmingham, West Midlands, B323
£1,35004/250.36 mi-3
£1,00012/240.38 miAmbleside, Bartley Green, B323
£1,49512/240.41 mi-3
£1,15003/250.43 mi-3
£1,15004/250.43 mi-3
£1,65003/250.61 mi-3
£90012/240.66 miMoors Lane, Northfield, B313
£1,70002/250.83 mi-3
£1,80004/250.83 mi-3
£1,80004/250.83 mi-3
£1,05003/250.83 mi-3
£1,20012/240.83 miCromwell Lane, BIRMINGHAM3
£1,00012/240.83 mi-3
£1,10004/250.84 mi-3
£1,25012/240.85 miHomedene Road, Birmingham, B31 1EW3
£1,10001/240.89 mi-3
£1,40012/240.91 miThe Dell, Northfield, B313
£90012/240.94 miKewstoke Croft, Northfield, Birmingham, West Midlands, B31 1JG3
£1,10012/240.97 miForsythia Close, BIRMINGHAM3
£1,10012/240.97 miForsythia Close, Northfield3
£1,29512/240.98 miDavena Drive, Quinton, Birmingham3
£1,29512/240.98 miDavena Drive, Quinton, Birmingham3
£1,29512/240.98 miDavena Drive, Quinton, Birmingham3
£1,25012/240.98 miDavena Drive, Quinton, Birmingham3
£1,30001/240.99 mi-3
£1,20002/251 mi-3
£1,39904/251.01 mi-3
£1,25012/241.06 miShenley Lane, Birmingham, B293
£1,15001/251.07 mi-3
£1,25002/241.09 mi-3
£1,26001/251.09 mi-3
£1,04512/241.13 miAckleton Grove, Birmingham, B29 3
£1,20012/241.13 mi-3
£1,20012/241.13 mi-3
£1,30012/241.14 mi-3
£1,10512/241.15 miIlmington Road, Birmingham3
£1,30003/251.15 mi-3
£1,10512/241.15 mi14 Ilmington Road, Selly Oak, Birmingham3
£1,25002/241.16 mi-3
£1,25002/241.16 mi-3
£1,26003/251.17 mi-3
£95012/241.18 miPeach Ley Road, Selly Oak, B293
£1,35001/241.18 mi-3
£1,20003/251.19 mi-3
£1,30012/241.2 mi-3
£1,29503/251.2 mi-3
£1,17512/241.2 mi-3
£1,20012/241.2 miSomerford Road, Birmingham, B293

Local Area Statistics

Population in B32

38,356

Population in Birmingham

1,034,821

Town centre distance

5.48 miles away

Nearest school

0.10 miles away

Nearest train station

2.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Balanced market

Capital growth (5yrs)

+35%

Property History

Listed for £230,000

March 19, 2025

Floor Plans

Description

  • Three double bedrooms +
  • Spacious living room +
  • Kitchen/diner +
  • Off-street parking +

This three double-bedroom semi-detached house presents a spacious living room, modern fitted kitchen, large utility area, ground floor WC, and garden.

Approaching the property there is a tarmac drive that allows for multiple vehicles to be parked and gives access to a garage.

The ground floor presents a spacious living room which looks to the rear garden, a fitted kitchen with an integral sink, gas hob, electric oven, plenty of storage and space for a dining table and chairs.

The first floor presents Bedroom one, a spacious double, Bedroom two, also a spacious double with plenty of space for freestanding furniture, Bedroom three is a comfortable double and the bathroom presents a washbasin, WC, and bath.

The rear garden opens to a paved patio area and continues to a sloped grass lawn allowing for plenty of space for outdoor activities. The garden is bordered by wooden fencing and gives access to a storage space.

The property benefits from proximity to Bartley Green town centre which features a wide range of local amenities and shops. The property is also conveniently positioned for travel via road to Birmingham city centre, the M5 and M42 motorways.

No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within. These details do not constitute any part of any offer or contract. AP Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property. These details and all statements herein are provided without any responsibility on the part of AP Morgan or the vendors. Equipment: AP Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition. Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material. AP Morgan is the Owner of the copyright. This property sheet forms part of our database and is protected by the database right and copyright laws. No unauthorised copying or distribution without permission..

Agent Details

A P Morgan, Longbridge

0121 387 6717

Next Steps?

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