3 Bed Terraced House, Refurb/BRRR, Birmingham, B29 5HR, £170,000

72 Beckbury Road, Weoley Castle, Birmingham, B29 5HR - 4 views - 19 days ago

Refurb/BRRR
ROI: 6%
69 m²
+11 photos

ValuationOvervalued

Sold Prices£125K - £350K
Sold Prices/m²£1.5K/m² - £2.8K/m²

 

 

Square Metres

69 m²
Price/m²£2.5K/m²

Value Estimate

£137,700

 

 

End Value (After Refurb)

£167,700

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Refurb Costs

£27,329

Bridging Loan Interest

£4,463

Total Cash In

£85,742

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£167,700

Mortgage (After Refinance)

£125,775

Mortgage LTV

75%

Cash Left In

£85,742

Equity

£41,925

Rent Range

£975 - £2,465

Rent Estimate

£1,226

Running Costs/mo

£789

Cashflow/mo

£437

Cashflow/yr

£5,241

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £125K to £350K, average is £168.2K. £1.5K/m² to £2.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£168K05/230.09 mi45, Hopstone Road, Birmingham, West Midlands B29 5RE3
£151.5K10/200.13 mi70, Jervoise Road, Birmingham, West Midlands B29 5QY3
£148K12/200.16 mi12, Barcheston Road, Birmingham, West Midlands B29 5HN3
£157.5K10/200.17 mi51, Jervoise Road, Birmingham, West Midlands B29 5QS3
£150.5K08/210.17 mi80, Princethorpe Road, Birmingham, West Midlands B29 5QA3
£170K01/210.2 mi96, Quarry Road, Birmingham, West Midlands B29 5LF3
£161K03/210.2 mi51, Quarry Road, Birmingham, West Midlands B29 5NS3
£167K10/200.21 mi82, Quarry Road, Birmingham, West Midlands B29 5NR3
£210K12/220.21 mi20, Spernall Grove, Birmingham, West Midlands B29 5DD3
£180K03/210.22 mi14, Perton Grove, Birmingham, West Midlands B29 5DE3
£170K04/210.22 mi12, Perton Grove, Birmingham, West Midlands B29 5DE3
£162K12/200.22 mi14, Stoneton Grove, Birmingham, West Midlands B29 5NT3
£156K06/210.23 mi40, Weoley Castle Road, Birmingham, West Midlands B29 5PZ3
£125K10/200.24 mi77, Alwold Road, Birmingham, West Midlands B29 5RJ3
£184K12/210.26 mi8, Hatherton Grove, Birmingham, West Midlands B29 5QP3
£195K07/230.26 mi34, Quarry Road, Birmingham, West Midlands B29 5NX3
£178K07/230.27 mi19, Bilbrook Grove, Birmingham, West Midlands B29 5RN3
£170K10/210.27 mi47, Kemberton Road, Birmingham, West Midlands B29 5JN3
£225K06/230.27 mi39, Quarry Road, Birmingham, West Midlands B29 5NU3
£146.5K02/210.28 mi16, Kemberton Road, Birmingham, West Midlands B29 5JJ3
£197K01/230.29 mi25, Gaydon Grove, Birmingham, West Midlands B29 5JB3
£162K11/210.3 mi36, Ackleton Grove, Birmingham, West Midlands B29 5LN3
£144.5K12/200.3 mi6, Ackleton Grove, Birmingham, West Midlands B29 5LN3
£205K12/220.3 mi7, Shipley Grove, Birmingham, West Midlands B29 5DL3
£152K04/210.32 mi69, Alwold Road, Birmingham, West Midlands B29 5RP3
£152K04/210.32 mi69, Alwold Road, Birmingham, West Midlands B29 5RP3
£160K07/230.32 mi41, Harvington Road, Birmingham, West Midlands B29 5EQ3
£220K11/220.33 mi12, Ludstone Road, Birmingham, West Midlands B29 5UA3
£158K12/200.34 mi274, Alwold Road, Birmingham, West Midlands B29 5JS3
£203K08/230.35 mi44, Harvington Road, Birmingham, West Midlands B29 5EL3
£170K05/210.35 mi100, Harvington Road, Birmingham, West Midlands B29 5EL3
£316K05/210.35 mi281, Barnes Hill, Birmingham, West Midlands B29 5TX3
£200K03/210.38 mi206, Gregory Avenue, Birmingham, West Midlands B29 5DT3
£214K11/200.38 mi149, Shenley Fields Road, Birmingham, West Midlands B29 5BD3
£195K12/220.38 mi10, Paganel Road, Birmingham, West Midlands B29 5TG3
£160K12/200.39 mi75, Kemberton Road, Birmingham, West Midlands B29 5JW3
£168.4K11/200.39 mi93, Kemberton Road, Birmingham, West Midlands B29 5JW3
£160K12/200.39 mi145, Harvington Road, Birmingham, West Midlands B29 5ES3
£175K06/210.4 mi244, Barnes Hill, Birmingham, West Midlands B29 5TY3
£156K06/210.4 mi68, Marston Road, Birmingham, West Midlands B29 5LT3
£215K07/230.4 mi3, Somery Road, Birmingham, West Midlands B29 5RY3
£190K11/200.4 mi44, Minden Grove, Birmingham, West Midlands B29 5HB3
£156.5K03/210.4 mi91, Burnel Road, Birmingham, West Midlands B29 5SS3
£167.5K05/210.41 mi229, Barnes Hill, Birmingham, West Midlands B29 5UJ3
£194K10/210.41 mi179, Barnes Hill, Birmingham, West Midlands B29 5UJ3
£207K07/230.41 mi233, Barnes Hill, Birmingham, West Midlands B29 5UJ3
£150K05/210.41 mi50, Somerford Road, Birmingham, West Midlands B29 5LX3
£350K10/200.41 mi31, Senneleys Park Road, Birmingham, West Midlands B31 1AG3
£160K07/210.41 mi160, Harvington Road, Birmingham, West Midlands B29 5ER3
£155K11/220.42 mi10, Napton Grove, Birmingham, West Midlands B29 5RS3

Local Rents

53 rents from £975/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25002/240.12 mi-3
£1,25002/240.12 mi-3
£1,10012/240.14 mi-3
£1,35003/240.14 mi-3
£1,24501/250.16 mi-3
£1,25002/250.16 mi-3
£1,25003/250.16 mi-3
£1,20003/250.2 mi-3
£1,24912/240.22 mi-3
£97512/240.23 miQuarry Road, Birmingham3
£1,35001/240.23 mi-3
£1,25003/250.23 mi-3
£1,25003/250.23 mi-3
£1,20003/250.23 mi-3
£2,46502/240.23 mi-3
£2,46504/250.23 mi-3
£99503/250.24 mi-3
£1,08501/250.24 mi-3
£1,20003/250.25 mi-3
£1,10512/240.26 mi14 Ilmington Road, Selly Oak, Birmingham3
£1,10512/240.26 miIlmington Road, Birmingham3
£1,20012/240.26 mi-3
£1,20012/240.26 mi-3
£1,15012/240.26 miPrincethorpe Road, Birmingham3
£1,10012/240.26 miPrincethorpe Road, Birmingham3
£1,25002/240.27 mi-3
£1,25002/240.27 mi-3
£1,25002/240.27 mi-3
£1,22512/240.27 miAlwold Road, Birmingham, B293
£1,20012/240.27 miAlwold Road, Birmingham, B293
£1,08512/240.27 mi-3
£1,20012/240.28 miSomerford Road, Birmingham, B293
£1,10012/240.29 miGregory Avenue, Birmingham3
£1,04512/240.3 miAckleton Grove, Birmingham, B29 3
£1,10012/240.3 miAlwold Road, Weoley Castle, Birmingham3
£99511/240.31 mi-3
£1,10012/240.34 miBradmore Grove, Birmingham, B293
£1,20012/240.35 miHarvington Road, Birmingham, B293
£1,20012/240.36 mi-3
£1,20004/250.36 mi-3
£1,20003/250.36 mi-3
£1,10002/240.36 mi-3
£1,10002/240.38 mi-3
£1,10002/240.38 mi-3
£1,10002/240.38 mi-3
£1,10012/240.38 miPaganel Road, Birmingham, B293
£1,00012/240.39 miMarston Road, Birmingham3
£1,25002/240.4 mi-3
£1,26001/250.4 mi-3
£1,20012/240.4 miAlwold Road, Birmingham, B293
£1,20002/240.4 mi-3
£1,27503/250.4 mi-3
£1,27503/250.4 mi-3

Local Area Statistics

Population in B29

42,512

Population in Birmingham

1,034,821

Town centre distance

4.14 miles away

Nearest school

0.10 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-16%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £170,000

March 27, 2025

Description

  • TERRACED PROPERTY REQUIRING IMPROVEMENT +
  • CONVENIENT LOCATION +
  • THREE BEDROOMS. GROUND FLOOR BATHROOM +
  • NO CHAIN +

Requiring modernisation throughout, this terraced property would make a perfect project. Having sitting room, fitted kitchen, ground floor bathroom, three bedrooms and enclosed rear garden having a pleasant outlook over a park, this property will appeal to first time buyers and investors.

Located on Beckbury Road, Weoley Castle which leads off Castle Square with its varied local shopping facilities. The property is well-situated for the Queen Elizabeth Hospital and Birmingham University as well as Birmingham City Centre. Additionally, Harborne High Street provides convenient local amenities, along with the nearby Selly Oak Battery Park and Selly Oak Retail Park.

The property has the benefit of NO CHAIN and a new roof recently fitted.

The accommodation can only be fully appreciated by an internal inspection and comprises in more detail:

It is set back from the road by grass verge and privet hedge affording the property some privacy. A UPVC double glazed door with side panels leads into:

Hallway - Having ceiling light point and stairs rising to first floor accommodation.

Sitting Room - 4.27m max x 3.65m max (14'0" max x 11'11" max) - UPVC double glazed window overlooking the front elevation, wooden fireplace with marble style insert and hearth and fitted electric fire, coving to ceiling, dado rail, ceiling light point, useful walk-in storage cupboard with fitted shelving and ceiling light point.

Kitchen - 2.85m max x 2.82m max (9'4" max x 9'3" max) - Having a range of matching wall and base units, integrated electric oven with electric hob over and wall-mounted extractor fan above, single bowl composite sink drainer with mixer tap over, double glazed UPVC window overlooking the garden and UPVC door with double glazed panel leading outside. Ceiling light point, coving to ceiling and laminate work surfaces.

Lobby Area - Having ceiling light point, wall-mounted cupboard and worksurface.

Bathroom - 1.92m max x 1.65m max (6'3" max x 5'4" max) - Having panelled bath with mixer tap over, glazed window with obscured glass, wall-mounted wash handbasin with mixer tap over, low flush WC, laminate flooring, part complementary tiling to walls, two wall-mounted mirrored cabinets and one wall mounted electric fan heater.

Stairs Rising To First Floor Accommodation -

Landing - Having ceiling light point and loft access hatch.

Bedroom One - Front - 5.23m max x 3.27m max (17'1" max x 10'8" max) - Having UPVC double glazed window overlooking the front, two ceiling light points and useful built-in cupboard.

Bedroom Two - Rear - 3.91m max x 2.73m max (12'9" max x 8'11" max) - Having UPVC double glazed window overlooking the rear garden, built-in wardrobe having water tanks and ceiling light point.

Bedroom Three - Rear - 2.92m max x 2.44m max (9'6" max x 8'0" max) - Having double glazed UPVC window overlooking the rear, ceiling light point and wall mounted electric heater.

Outside - Rear garden having paved area and gate leading to shared access to the front of the property, fence panels to three sides and lawn area. Delightful aspect over park land behind.

Additional Information - TENURE: FREEHOLD
COUNCIL TAX BAND: B

Agent Details

Englands Estate Agents, Harborne

0121 387 6321

Next Steps?

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