2 Bed Terraced House, Single Let, Birmingham, B19 2HD, £120,000

Markford Walk, Birmingham, B19 2HD - a month ago

Auction
BTL
ROI: 8%
~68 m²
+10 photos

ValuationUndervalued











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

£706 - £2,300

Rent Estimate

£812

Running Costs/mo

£557

Cashflow/mo

£255

Cashflow/yr

£3,055

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £84K to £250K, average is £135K. £1.2K/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£160K09/220.25 mi181, Berners Street, Birmingham, West Midlands B19 2DR2
£170K01/230.28 mi15, Bartons Way, Birmingham, West Midlands B19 2LJ2
£135K04/230.28 mi1, Old Postway, Newtown, Birmingham, West Midlands B19 2DH2
£130K05/210.28 mi5, Old Postway, Newtown, Birmingham, West Midlands B19 2DH2
£145K12/220.45 mi27, Nugent Close, Birmingham, West Midlands B6 5HZ2
£165K02/230.5 mi43, Roland Road, Birmingham, West Midlands B19 1RT2
£110K10/200.73 mi39, Richmond Road, Hockley, Birmingham, West Midlands B18 5NH2
£205K10/220.73 mi44, Whitmore Street, Birmingham, West Midlands B18 5BP2
£145K01/230.73 mi37, Whitmore Street, Birmingham, West Midlands B18 5BP2
£150K02/230.95 mi201, Trinity Road, Birmingham, West Midlands B6 6HL2
£130K07/231.02 mi9, Stamford Grove, Birmingham, West Midlands B20 3PT2
£137.5K06/211.07 mi156, Hutton Road, Handsworth, Birmingham, West Midlands B20 3RE2
£152.5K01/211.09 mi81, Brookfield Road, Hockley, Birmingham, West Midlands B18 7JA2
£152.5K01/211.09 mi81, Brookfield Road, Hockley, Birmingham, West Midlands B18 7JA2
£165K02/231.1 mi9, Foster Gardens, Birmingham, West Midlands B18 5DJ2
£135K05/211.12 mi43, Dunsink Road, Birmingham, West Midlands B6 6PL2
£140K05/231.12 mi53, Tintern Road, Birmingham, West Midlands B20 3HJ2
£133K09/211.13 mi6, Emscote Road, Birmingham, West Midlands B6 6PN2
£140K12/201.13 mi1a, Kent Street North, Birmingham, West Midlands B18 5RT2
£165K09/221.13 mi16, Tewkesbury Road, Birmingham, West Midlands B20 3DX2
£95K05/231.17 mi388, Aston Lane, Aston, Birmingham, West Midlands B6 6QN2
£122K02/211.18 mi94, Willmore Road, Birmingham, West Midlands B20 3JJ2
£122K12/201.18 mi2, Leslie Road, Handsworth, Birmingham, West Midlands B20 3NU2
£155K06/231.19 mi25, Yew Tree Road, Aston, Birmingham, West Midlands B6 6RX2
£155K03/231.2 mi26, Augustine Grove, Birmingham, West Midlands B18 5HA2
£97K01/211.22 mi9, Grasmere Road, Birmingham, West Midlands B21 0UP2
£127K07/211.23 mi12, North Road, Handsworth, Birmingham, West Midlands B20 3HX2
£144.9K09/231.23 mi8, North Road, Handsworth, Birmingham, West Midlands B20 3HX2
£192.5K07/211.23 miLock Cottage, 70, Thimble Mill Lane, Aston, Birmingham, West Midlands B6 7QY2
£131K02/211.29 mi32, Benson Road, Hockley, Birmingham, West Midlands B18 5EB2
£146K03/231.31 mi28, Howard Road, Handsworth, Birmingham, West Midlands B20 2AN2
£133K01/211.31 mi36, Howard Road, Handsworth, Birmingham, West Midlands B20 2AN2
£100K11/201.32 mi21, Spring Grove Gardens, Birmingham, West Midlands B18 5DQ2
£100K11/201.32 mi21, Spring Grove Gardens, Birmingham, West Midlands B18 5DQ2
£100K11/201.32 mi21, Spring Grove Gardens, Birmingham, West Midlands B18 5DQ2
£145K06/231.32 mi17, Spring Grove Gardens, Birmingham, West Midlands B18 5DQ2
£160K12/221.33 mi121, Tame Road, Birmingham, West Midlands B6 7DG2
£120K12/201.34 mi51, Wood Lane, Handsworth, Birmingham, West Midlands B20 2AJ2
£250K08/221.34 mi20, Inglenook Drive, Birmingham, West Midlands B20 2EH2
£120K04/231.34 mi38, St Marks Crescent, Birmingham, West Midlands B1 2PX2
£123K11/221.34 mi45, Wood Lane, Handsworth, Birmingham, West Midlands B20 2AJ2
£92K08/211.35 mi24, Oscott Road, Perry Barr, Birmingham, West Midlands B42 2TA2
£115K05/211.35 mi47, Oscott Road, Perry Barr, Birmingham, West Midlands B42 2TA2
£122K04/211.36 mi195, Bacchus Road, Birmingham, West Midlands B18 4RB2
£96K01/211.38 mi203, Bacchus Road, Birmingham, West Midlands B18 4RD2
£145K01/231.38 mi77, Tame Road, Birmingham, West Midlands B6 7DT2
£84K01/211.39 mi20, Louise Road, Birmingham, West Midlands B21 0RY2
£115.5K03/211.41 mi36, Willes Road, Birmingham, West Midlands B18 4PY2
£135K03/231.42 mi60, Tew Park Road, Birmingham, West Midlands B21 0TR2
£127K03/231.42 mi50, Tew Park Road, Birmingham, West Midlands B21 0TR2

Local Rents

22 rents from £706/mo to £2.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£99504/240.2 miCrocodile Works, 173 Alma Street2
£95002/250.26 mi-2
£2,30002/240.27 mi-2
£2,30012/240.27 mi-2
£2,30003/240.3 mi-2
£1,90003/240.32 mi-2
£87501/250.32 mi-2
£97503/240.39 miVilla Street, Birmingham2
£1,10004/250.4 mi-2
£90012/240.54 miBrooklyn Avenue, Birmingham2
£70612/240.55 miGreat Hampton Street, Birmingham, B182
£1,39812/240.58 mi57 Hooper Street, Birmingham2
£1,39812/240.58 mi57 Hooper Street, Birmingham2
£1,39812/240.58 mi57 Hooper Street, Birmingham2
£1,25012/240.6 miGreat Hampton Street, Birmingham, B182
£1,25012/240.6 miGreat Hampton Street, Jewellery Quarter, Birmingham2
£1,50012/240.6 miGreat Hampton Street, Jewellery Quarter, Birmingham2
£1,30012/240.6 miGreat Hampton Street, Jewellery Quarter, Birmingham2
£1,49512/240.61 miNew Hampton Lofts, 90 Great Hampton Street, Birmingham, West Midlands, B182
£1,75012/240.61 miNew Hampton Lofts, Great Hampton Street, B18 6EU2
£1,70012/240.61 miNew Hampton Lofts, 90 Great Hampton Street, Jewellery Quarter2
£1,70012/240.61 miNew Hampton Lofts, Great Hampton Street, Jewellery Quarter, Birmingham, B182

Property History

Listed for £120,000

March 20, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • MID-TERRACE +
  • TWO BEDROOMS +
  • LOUNGE +
  • KITCHEN +
  • BATHROOM & SEPARATE WC +

SUMMARY
Spacious two-bedroom home featuring a large lounge, generous kitchen, and a bathroom with a separate toilet. Front and rear gardens provide excellent outdoor space. Conveniently located near local amenities and transport links. Ideal for first-time buyers or investors. Book a viewing today!

DESCRIPTION
Spacious 2-Bedroom Home with Front & Rear Gardens - Markford Walk, Birmingham

This well-presented two-bedroom home, situated in the popular residential area of Markford Walk, Birmingham, offers generous living space both inside and out.

Upon entering, you are welcomed into a bright and spacious lounge, perfect for relaxation or entertaining. The property benefits from a large kitchen, providing ample space for cooking and dining, with plenty of storage options.

Upstairs, there are two well-sized bedrooms, ideal for families, couples, or investors. The home also features a bathroom with a separate toilet, adding extra convenience.

Externally, the property boasts both front and rear gardens, offering fantastic outdoor space for gardening, entertaining, or simply unwinding.

Located in a well-connected area, the home is within close proximity to local amenities, schools, and transport links, making it an excellent choice for first-time buyers, investors, or those looking to upsize.

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.

Agent Note  
Council Tax Band A

Approach 
Front garden with fence borders, path leading to door into

Porch 
Double glazed window to the front, door into

Entrance Hall 
Stairs to the first floor, ceiling light point, store cupboard, doors into

Lounge 13' 11" x 10' 10" ( 4.24m x 3.30m )
Double glazed window to the rear of the property, laminate flooring, ceiling light point, radiator

Kitchen  20' 5" x 8' 8" ( 6.22m x 2.64m )
Double glazed window to the front and rear of the property, a range of wall and floor cabinets with a roll top worksurface, sink and drainer, integrated dish washer, oven and gas hob, a wall mounted boiler, tiled flooring, two ceiling light points, radiator.

Landing  
Double glazed window to the side of the property, loft access, storage cupboard, carpeted, ceiling light point

Bedroom One 13' 11" x 10' 9" ( 4.24m x 3.28m )
Double glazed window to the rear of the property, built in wardrobe, radiator, carpeted, ceiling light point

Bedroom Two 13' 11" x 9' ( 4.24m x 2.74m )
Double glazed rear window, carpeted, radiator, ceiling light point

Bathroom  
Double glazed window to the front of the property, shower over the bath, WC, radiator

Seperate Wc 
Separate WC, Double glazed window to the front

Rear Garden  
Gated, Brick built storage and lawn area

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Great Barr

0121 387 6303

Next Steps?

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