6 Bed HMO, Birmingham, B16 9BH, £420,000

Carlyle Road, Birmingham, B16 9BH - 3 views - 16 days ago

HMO
Refurb/BRRR
Planning
ROI: 2%
~186 m²
+15 photos

ValuationUndervalued

Sold Prices£236K - £1.9M
Sold Prices/m²£1.3K/m² - £7.2K/m²

 

 

Square Metres

~186 m²
Price/m²£2.3K/m²

Value Estimate

£432,600
BMV3%

 

 

End Value (After Refurb)

£556,339

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£105,000

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£73,600

Bridging Loan Interest

£11,025

Total Cash In

£222,075

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£556,339

Agent Fees (1%)

£5,563

Bridging Loan

£315,000

Bridging Loan Interest

£11,025

Flip Profit

£13,701

Local Sold Prices

34 sold prices from £236K to £1.9M, average is £707.5K. £1.3K/m² to £7.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£625K08/210.18 mi6, Noel Road, Birmingham, West Midlands B16 9PS6
£625K08/210.18 mi6, Noel Road, Birmingham, West Midlands B16 9PS6
£340K04/210.23 mi14, Reservoir Retreat, Birmingham, West Midlands B16 9EH6
£330K02/210.23 mi16, Reservoir Retreat, Birmingham, West Midlands B16 9EH6
£720K01/230.26 mi16, Vernon Road, Edgbaston, Birmingham, West Midlands B16 9SH6
£1.8M04/210.27 mi10, Chad Road, Birmingham, West Midlands B15 3EN6
£1.3M03/210.31 mi7, Vicarage Road, Edgbaston, Birmingham, West Midlands B15 3ES6
£1.5M04/230.41 mi95, Harborne Road, Birmingham, West Midlands B15 3HG6
£663K11/200.49 mi1, Moorland Road, Birmingham, West Midlands B16 9JP6
£375K05/230.63 mi166, Rotton Park Road, Birmingham, West Midlands B16 0LN6
£1.2M07/220.65 mi128, Westfield Road, Edgbaston, Birmingham, West Midlands B15 3JQ6
£1.9M06/220.68 mi67, Westfield Road, Edgbaston, Birmingham, West Midlands B15 3JF6
£249K04/210.84 mi70, City Road, Birmingham, West Midlands B16 0HG6
£370K03/210.93 mi6, Mead Avenue, Birmingham, West Midlands B16 0QW6
£250K08/220.99 mi406, Rotton Park Road, Birmingham, West Midlands B16 0LA6
£631K11/201.18 mi43, Gillhurst Road, Birmingham, West Midlands B17 8PD6
£1.4M06/211.18 mi9, Oakham Road, Harborne, Birmingham, West Midlands B17 9DQ6
£1.3M12/201.24 mi15, Charlotte Road, Edgbaston, Birmingham, West Midlands B15 2NG6
£1.1M03/211.27 mi32, Wentworth Road, Harborne, Birmingham, West Midlands B17 9SG6
£570K03/231.28 mi9, Barnsley Road, Birmingham, West Midlands B17 8EB6
£1.3M04/211.31 mi17, Abbey Road, Harborne, Birmingham, West Midlands B17 0JT6
£1.9M08/221.43 mi112, Vivian Road, Harborne, Birmingham, West Midlands B17 0DJ6
£785K12/221.47 mi104, Lordswood Road, Birmingham, West Midlands B17 9BU6
£1.0M12/201.49 mi11, Croftdown Road, Birmingham, West Midlands B17 8RA6
£755K09/221.5 mi75, Bristol Road, Birmingham, West Midlands B5 7TU6
£1.0M10/221.55 mi7, Woodville Road, Harborne, Birmingham, West Midlands B17 9AS6
£236K07/231.62 mi34, Wellington Road, Smethwick, West Midlands B67 6EU6
£690K02/211.64 mi13, Milford Road, Harborne, Birmingham, West Midlands B17 9RL6
£525K06/211.76 mi71, Croftdown Road, Birmingham, West Midlands B17 8RE6
£695K02/231.83 mi321, Pershore Road, Birmingham, West Midlands B5 7RY6
£860K12/221.83 mi341, Pershore Road, Birmingham, West Midlands B5 7RY6
£320K04/211.88 mi38, Scholars Close, Birmingham, West Midlands B21 0UB6
£260K06/211.88 mi18, Scholars Close, Birmingham, West Midlands B21 0UB6
£815K03/211.98 mi114, Oakfield Road, Selly Park, Birmingham, West Midlands B29 7ED6

Local Area Statistics

Population in B16

23,618

Population in Birmingham

1,034,821

Town centre distance

2.40 miles away

Nearest school

0.30 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+27%

Property History

Listed for £420,000

March 25, 2025

Floor Plans

Description

  • Prime location in Birmingham, B16 +
  • Six generously sized bedrooms +
  • Two bathrooms plus an additional WC +
  • Two bright and airy reception rooms +
  • Potential for modernisation and increased rental yield +
  • Spacious patio garden for outdoor relaxation +

SmoothSale is pleased to present this spacious six-bedroom terraced home, located on Carlyle Road, Birmingham. Set over three floors, this property offers incredible investment potential, particularly for those seeking an HMO conversion.

On the ground floor, you'll find a bright front room, a spacious living room, a separate dining area, a well-sized kitchen, a bathroom, and additional storage. The layout provides flexibility for modernisation to enhance rental income or create a comfortable family home.

The first floor features three generously sized bedrooms, a family bathroom, and a separate WC. A flat roof adds further development potential, subject to planning permission.

On the second floor, three additional bedrooms and a storage area complete this sizeable home. A rear patio garden offers a private outdoor space, ideal for relaxing or entertaining.

Situated in a sought-after location, this property is close to local amenities, transport links, and Birmingham's bustling city centre. Whether you're an investor or looking for a spacious family home, this property is a must-see.

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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.

Agent Details

SmoothSale, Leeds

0117 463 2797

Next Steps?

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