3 Bed Detached House, Single Let, Birmingham, B24 0SA, £290,000

Chester Road, Birmingham, B24 0SA - 9 days ago

Leasehold
BTL
~93 m²
+10 photos

ValuationOvervalued

Sold Prices£145K - £310K
Sold Prices/m²£1.8K/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£273,220

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£975 - £2,999

Rent Estimate

£979

Running Costs/mo

£1,122

Cashflow/mo

£-143

Cashflow/yr

£-1,717

Gross Yield

4%

Local Sold Prices

50 sold prices from £145K to £310K, average is £236K. £1.8K/m² to £3.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£145K06/210.11 mi9, Bletchley Road, Birmingham, West Midlands B24 0PX3
£205.5K06/210.11 mi1206, Tyburn Road, Birmingham, West Midlands B24 0TD3
£264K05/210.12 mi91, Gunter Road, Birmingham, West Midlands B24 0RY3
£235K12/200.12 mi61, Gunter Road, Birmingham, West Midlands B24 0RY3
£208K04/210.13 mi29, Eachelhurst Road, Birmingham, West Midlands B24 0QL3
£200K09/210.13 mi1058, Chester Road, Erdington, Birmingham, West Midlands B24 0LJ3
£270K12/220.22 mi97, Marshbrook Road, Birmingham, West Midlands B24 0NJ3
£195.9K05/210.25 mi52, Varley Road, Birmingham, West Midlands B24 0LE3
£192K01/210.25 mi51, Varley Road, Birmingham, West Midlands B24 0LE3
£230.5K08/210.25 mi53, Padstow Road, Birmingham, West Midlands B24 0NH3
£249K04/230.25 mi71, Padstow Road, Birmingham, West Midlands B24 0NH3
£187K11/200.25 mi22, Elmfield Avenue, Birmingham, West Midlands B24 0QF3
£199K07/210.25 mi85, Elmfield Avenue, Birmingham, West Midlands B24 0QF3
£186K09/210.28 mi66, Padstow Road, Birmingham, West Midlands B24 0NG3
£208.5K09/210.28 mi82, Padstow Road, Birmingham, West Midlands B24 0NG3
£268.5K11/220.28 mi11, Chestergate Croft, Birmingham, West Midlands B24 0NQ3
£228.5K03/230.29 mi24, Timbers Way, Erdington, Birmingham, West Midlands B24 0QJ3
£295K08/230.31 mi37, Galton Close, Birmingham, West Midlands B24 0QH3
£250K12/220.32 mi17, Galton Close, Birmingham, West Midlands B24 0QH3
£237K12/200.32 mi3, Edgemond Avenue, Birmingham, West Midlands B24 0QG3
£240K09/230.32 mi37, Edgemond Avenue, Birmingham, West Midlands B24 0QG3
£300K04/210.33 mi43, Woodlands Farm Road, Birmingham, West Midlands B24 0PJ3
£310K10/200.33 mi19, Woodlands Farm Road, Birmingham, West Midlands B24 0PJ3
£215K02/210.34 mi10, Varley Road, Birmingham, West Midlands B24 0LB3
£238K01/210.35 mi186, Pype Hayes Road, Birmingham, West Midlands B24 0LR3
£220K09/210.35 mi80, Edgemond Avenue, Birmingham, West Midlands B24 0QQ3
£265K08/210.35 mi48, Woodlands Farm Road, Birmingham, West Midlands B24 0PG3
£268K01/210.35 mi12, Woodlands Farm Road, Birmingham, West Midlands B24 0PG3
£265K12/220.35 mi42, Woodlands Farm Road, Birmingham, West Midlands B24 0PG3
£295K10/220.35 mi54, Woodlands Farm Road, Birmingham, West Midlands B24 0PG3
£250K06/230.36 mi16, Newcome Close, Birmingham, West Midlands B24 0JY3
£285K09/220.37 mi66, Hansons Bridge Road, Birmingham, West Midlands B24 0PA3
£205K09/210.38 mi244, Paget Road, Birmingham, West Midlands B24 0JJ3
£210K02/210.39 mi3, Hansons Bridge Road, Birmingham, West Midlands B24 0PE3
£220K06/210.39 mi49, Hansons Bridge Road, Birmingham, West Midlands B24 0PE3
£242.5K04/210.4 mi7, Pype Hayes Road, Birmingham, West Midlands B24 0LY3
£192.5K12/200.41 mi36, Hansons Bridge Road, Birmingham, West Midlands B24 0PA3
£173K01/210.41 mi70, Hansons Bridge Road, Birmingham, West Midlands B24 0PA3
£246K09/210.43 mi2, Kingsbury Avenue, Birmingham, West Midlands B24 0GD3
£250K08/220.43 mi159, Paget Road, Pype Hayes, Birmingham, West Midlands B24 0JR3
£270K06/210.44 mi4, Kendrick Road, Sutton Coldfield, West Midlands B76 1EG3
£177K11/200.44 mi205, Springthorpe Road, Birmingham, West Midlands B24 0SJ3
£220K03/210.44 mi210, Springthorpe Road, Birmingham, West Midlands B24 0SJ3
£250K02/230.44 mi218, Springthorpe Road, Birmingham, West Midlands B24 0SJ3
£204K01/210.44 mi178, Springthorpe Road, Birmingham, West Midlands B24 0SN3
£220K04/210.44 mi183, Springthorpe Road, Birmingham, West Midlands B24 0SN3
£210K01/230.45 mi12, Lyneham Way, Birmingham, West Midlands B35 6DJ3
£260K07/210.45 mi109, Woodlands Farm Road, Birmingham, West Midlands B24 0PH3
£272.5K03/230.45 mi93, Woodlands Farm Road, Birmingham, West Midlands B24 0PH3
£242K03/230.45 mi95, Woodlands Farm Road, Birmingham, West Midlands B24 0PH3

Local Rents

28 rents from £975/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.07 mi-3
£97512/240.15 mi-3
£1,30010/240.22 mi-3
£1,15007/240.22 mi-3
£1,20012/240.23 mi-3
£2,99909/240.26 mi-3
£98001/240.36 mi-3
£98001/240.36 mi-3
£98001/240.36 mi-3
£98001/240.36 mi-3
£98001/240.36 mi-3
£1,40002/250.42 mi-3
£1,29512/240.44 mi-3
£1,29512/240.44 miPaget Road, Birmingham, B243
£1,10012/240.45 mi-3
£1,20012/240.47 miBurcote Road, Erdington3
£1,10012/240.48 miBlossom Road, Erdington, BIRMINGHAM3
£1,10010/230.49 mi-3
£1,05001/240.54 mi-3
£1,30012/240.55 miHollydale Road, Birmingham, West Midlands3
£1,30012/240.55 miHollydale Road, BIRMINGHAM3
£1,30012/240.55 miHollydale Road, BIRMINGHAM3
£1,20012/240.55 miWestmead Crescent, Birmingham3
£1,30012/240.55 miWoodcote Road, BIRMINGHAM3
£1,20002/250.56 mi-3
£1,30001/250.56 mi-3
£1,10012/240.57 miHansons Bridge Road, Erdington, Birmingham, West Midlands3
£1,65012/240.58 miChester Road, Birmingham3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

5.05 miles away

Nearest school

0.10 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Listed for £290,000

March 30, 2025

Floor Plans

Description

  • Detached Family Home +
  • Three Bedrooms +
  • Downstairs W/C +
  • En-Suite To Master Bedrooms +
  • Gas Central Heating +
  • Double Glazing +
  • Off Road Parking +
  • Single Garage +
  • Enclosed Rear Garden Which Is Paved +

The Property
Purplebricks are pleased to offer for sale this detached family home which is located in a popular area of Erdington and is close to local schools, amenities and park.
The property comprises of entrance hall, kitchen, lounge, downstairs w/c, three bedrooms, en-suite and a family bathroom. In addition there is Gas central heating and double glazing.
Externally you have off road parking leading to single garage and an enclosed rear garden.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 09/03/2126

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Birmingham

024 7542 7306

Next Steps?

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