3 Bed Terraced House, Refurb/BRRR, Birmingham, B44 8NN, £128,000

Aldridge Road, Birmingham, B44 8NN - 3 views - 25 days ago

Leasehold
Auction
Cash
Refurb/BRRR
ROI: 3%
~93 m²
+2 photos

ValuationFair Value

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

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£129,280

 

 

End Value (After Refurb)

£234,235

Uplift in Value

+83%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,000

Stamp Duty & Legal Fees

£7,600

Refurb Costs

£36,800

Bridging Loan Interest

£3,360

Total Cash In

£81,510

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£234,235

Agent Fees (1%)

£2,342

Bridging Loan

£96,000

Bridging Loan Interest

£3,360

Flip Profit

£54,383

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.

PriceDateDistanceAddressBeds 
£200K06/230.01 mi827, Aldridge Road, Great Barr, Birmingham, West Midlands B44 8NN3
£190K09/210.01 mi801, Aldridge Road, Great Barr, Birmingham, West Midlands B44 8NN3
£199.5K11/200.1 mi31, Scarsdale Road, Birmingham, West Midlands B42 2JN3
£210K06/230.1 mi25, Scarsdale Road, Birmingham, West Midlands B42 2JN3
£153K11/220.1 mi370, Beeches Road, Birmingham, West Midlands B42 2QN3
£170K01/210.12 mi862, Aldridge Road, Great Barr, Birmingham, West Midlands B44 8NP3
£188K10/210.13 mi104, Glenmead Road, Birmingham, West Midlands B44 8UQ3
£225K06/230.13 mi88, Glenmead Road, Birmingham, West Midlands B44 8UQ3
£192K02/230.14 mi9, Brushfield Road, Birmingham, West Midlands B42 2QL3
£168K04/210.15 mi61, Brushfield Road, Birmingham, West Midlands B42 2QL3
£220K08/230.15 mi3, Brushfield Road, Birmingham, West Midlands B42 2QL3
£195K07/210.16 mi26, Meadthorpe Road, Birmingham, West Midlands B44 8TY3
£210K11/230.16 mi14, Meadthorpe Road, Birmingham, West Midlands B44 8TY3
£177K10/220.17 mi357, Booths Lane, Birmingham, West Midlands B42 2JS3
£170K01/210.17 mi97, Hassop Road, Birmingham, West Midlands B42 2SA3
£175K07/210.17 mi225, Beeches Road, Birmingham, West Midlands B42 2QS3
£195K10/230.17 mi231, Beeches Road, Birmingham, West Midlands B42 2QS3
£195K04/210.17 mi56, Brushfield Road, Birmingham, West Midlands B42 2QJ3
£175K02/230.17 mi113, Meadthorpe Road, Birmingham, West Midlands B44 8UA3
£193.3K10/230.2 mi23, Smalldale Road, Birmingham, West Midlands B42 2RX3
£139.9K12/200.22 mi24, Regina Avenue, Birmingham, West Midlands B44 8TH3
£218K03/230.22 mi61, Regina Avenue, Birmingham, West Midlands B44 8TH3
£158K02/210.22 mi30, Chelmorton Road, Birmingham, West Midlands B42 2QT3
£168.8K04/210.22 mi50, Chelmorton Road, Birmingham, West Midlands B42 2QT3
£197K08/210.22 mi40, Chelmorton Road, Birmingham, West Midlands B42 2QT3
£154K12/200.22 mi40, Chelmorton Road, Birmingham, West Midlands B42 2QT3
£195K08/230.23 mi31, Hathersage Road, Birmingham, West Midlands B42 2RZ3
£189.5K09/210.23 mi63, Hathersage Road, Birmingham, West Midlands B42 2RZ3
£170K01/210.23 mi32, Hathersage Road, Birmingham, West Midlands B42 2RZ3
£190K05/230.23 mi40, Hathersage Road, Birmingham, West Midlands B42 2RZ3
£192.8K11/210.24 mi8, Bradfield Road, Birmingham, West Midlands B42 2RT3
£153K01/210.24 mi43, Bradfield Road, Birmingham, West Midlands B42 2RT3
£153K01/210.24 mi43, Bradfield Road, Birmingham, West Midlands B42 2RT3
£220K05/230.24 mi28, Bradfield Road, Birmingham, West Midlands B42 2RT3
£175K12/220.24 mi47, Regina Avenue, Birmingham, West Midlands B44 8TH3
£242K05/210.25 mi34, Deer Park Drive, Birmingham, West Midlands B42 2ES3
£165.1K10/200.25 mi72, Birkenshaw Road, Birmingham, West Midlands B44 8UH3
£180K04/210.25 mi93, Castleton Road, Birmingham, West Midlands B42 2RS3
£195K07/210.25 mi23, Castleton Road, Birmingham, West Midlands B42 2RS3
£185K01/210.26 mi14, Birdbrook Road, Birmingham, West Midlands B44 8RB3
£182.5K12/200.26 mi31, Grindleford Road, Birmingham, West Midlands B42 2SG3
£170K04/210.27 mi110, Old Oscott Lane, Birmingham, West Midlands B44 8TS3
£210K09/220.28 mi41, Grindleford Road, Birmingham, West Midlands B42 2SG3
£246K12/220.28 mi29, Grindleford Road, Birmingham, West Midlands B42 2SG3
£178.5K12/220.28 mi119, Old Oscott Lane, Birmingham, West Midlands B44 8TU3
£176K07/210.28 mi50, Wingfield Road, Great Barr, Birmingham, West Midlands B42 2QD3
£210K02/230.28 mi55, Birdbrook Road, Birmingham, West Midlands B44 8RE3
£195K10/210.29 mi100, Delhurst Road, Birmingham, West Midlands B44 9UU3
£178K11/200.29 mi82, Delhurst Road, Birmingham, West Midlands B44 9UU3
£174K02/210.29 mi6, Delhurst Road, Birmingham, West Midlands B44 9UU3

Local Rents

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

RentDateDistanceAddressBeds 
£1,15012/240.07 miSomercotes Road, Birmingham3
£1,05012/230.1 mi-3
£1,05012/230.1 mi-3
£1,09902/250.16 mi-3
£1,10012/230.17 mi-3
£1,10012/230.17 mi-3
£1,10012/230.17 mi-3
£1,15012/240.19 miSandy Lane, Great Barr. B42 2QG3
£1,10003/250.21 mi-3
£1,05012/240.22 miChelmorton Road, BIRMINGHAM3
£2,80002/240.28 mi-3
£1,10012/240.29 mi-3
£99512/240.3 mi-3
£1,00012/240.36 miBirdbrook Road, BIRMINGHAM3
£92512/240.36 miBirdbrook Road, BIRMINGHAM3
£1,07503/250.41 mi-3
£1,10003/250.41 mi-3
£1,05012/240.41 miBurnham Road, Great Barr, Birmingham, West Midlands3
£1,20003/250.54 mi-3
£1,60012/240.56 mi-3
£95012/240.58 miTideswell Road, Birmingham, B423
£1,15012/240.59 miTurnberry Road, Birmingham, Turnberry Road, B42 2HU3
£1,20004/250.6 mi-3
£1,09912/240.61 mi-3
£1,19504/250.61 mi-3
£1,14903/250.61 mi-3

Local Area Statistics

Population in B44

37,447

Population in Birmingham

1,034,821

Town centre distance

5.33 miles away

Nearest school

0.10 miles away

Nearest train station

1.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+46%

Property History

Listed for £128,000

March 21, 2025

Floor Plans

Description

  • National Online Auction 8/4/25 +
  • Bidding Registration Required +
  • Viewings Via Appointment +

This extended three bedroom LEASEHOLD, WITH LONG LEASE, terraced house in Great Barr is situated opposite Glenmead Primary school playing fields and requires improvement and modernisation throughout and is available to CASH BUYERS ONLY. The property is set on a inclined position with steps leading up to the property with an adjacent driveway.
The property has some central heating (not tested) and is partially double glazed and would ideally suit an investor. Local amenities are all nearby with Glenmead Primary school and James Watt BMet college both within walking distance.

Agent Details

Auction House Birmingham & Black Country, Aldridge., Aldridge

0121 387 6578

Next Steps?

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