3 Bed Semi-Detached House, Refurb/BRRR, Birmingham, B43 7QU, £160,000

3 Ivanhoe Road, Birmingham, West Midlands B43 7QU - 28 views - 15 days ago

Cash
Refurb/BRRR
ROI: 3%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£168.5K - £340K
Sold Prices/m²£2K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£163,200

 

 

End Value (After Refurb)

£257,443

Uplift in Value

+61%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Refurb Costs

£36,800

Bridging Loan Interest

£4,200

Total Cash In

£92,650

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£257,443

Agent Fees (1%)

£2,574

Bridging Loan

£120,000

Bridging Loan Interest

£4,200

Flip Profit

£42,218

Local Sold Prices

50 sold prices from £168.5K to £340K, average is £247.8K. £2K/m² to £4.3K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£265K05/230.05 mi14, Ivanhoe Road, Birmingham, West Midlands B43 7QU3
£245K09/230.06 mi35, Stonehurst Road, Birmingham, West Midlands B43 7RA3
£245K08/220.06 mi36, Moreton Avenue, Birmingham, West Midlands B43 7QR3
£185K01/210.06 mi45, Moreton Avenue, Birmingham, West Midlands B43 7QR3
£255K07/210.06 mi45, Moreton Avenue, Birmingham, West Midlands B43 7QR3
£300K08/220.08 mi19, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£262.5K10/200.08 mi6, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£205K10/200.08 mi19, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£321K06/230.08 mi18, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£207K04/230.08 mi14, Kelway Avenue, Great Barr, Birmingham, West Midlands B43 7QY3
£275K02/210.1 mi86, Beacon Road, Great Barr, Birmingham, West Midlands B43 7BW3
£260K07/230.1 mi292, Queslett Road, Great Barr, Birmingham, West Midlands B43 7EX3
£198.5K12/200.1 mi252, Queslett Road, Great Barr, Birmingham, West Midlands B43 7EX3
£220K02/230.1 mi16, Pinley Grove, Birmingham, West Midlands B43 7RB3
£180K02/210.11 mi11, Beacon Road, Great Barr, Birmingham, West Midlands B43 7BT3
£240K03/210.13 mi113, Park Farm Road, Birmingham, West Midlands B43 7QJ3
£295K08/230.13 mi51, Park Farm Road, Birmingham, West Midlands B43 7QJ3
£275K03/230.13 mi49, Park Farm Road, Birmingham, West Midlands B43 7QJ3
£235.5K08/210.15 mi24, Selvey Avenue, Birmingham, West Midlands B43 7RE3
£327.5K01/230.15 mi70, Park Farm Road, Birmingham, West Midlands B43 7QH3
£210K12/200.15 mi7, Foxwood Avenue, Birmingham, West Midlands B43 7QX3
£310K08/230.15 mi62, Park Farm Road, Birmingham, West Midlands B43 7QH3
£276K10/230.15 mi94, Park Farm Road, Birmingham, West Midlands B43 7QH3
£240K07/230.16 mi26, Greenaway Close, Birmingham, West Midlands B43 7HT3
£230K01/230.17 mi4, Cotman Close, Birmingham, West Midlands B43 7HR3
£182K06/210.17 mi6, Hillingford Avenue, Birmingham, West Midlands B43 7HS3
£200K09/210.18 mi21, Drummond Grove, Birmingham, West Midlands B43 7BU3
£275K11/220.2 mi15, Comsey Road, Birmingham, West Midlands B43 7RG3
£250K06/230.21 mi82, Stonehurst Road, Birmingham, West Midlands B43 7RL3
£200.3K04/210.21 mi134, Stonehurst Road, Birmingham, West Midlands B43 7RL3
£270K03/230.21 mi114, Stonehurst Road, Birmingham, West Midlands B43 7RL3
£168.5K10/200.22 mi170, Tyndale Crescent, Birmingham, West Midlands B43 7HU3
£220K05/230.22 mi196, Tyndale Crescent, Birmingham, West Midlands B43 7HU3
£270K08/230.24 mi20, Cattermole Grove, Birmingham, West Midlands B43 7EH3
£200K03/210.24 mi21, Cattermole Grove, Birmingham, West Midlands B43 7EH3
£191K09/210.24 mi11, Cattermole Grove, Birmingham, West Midlands B43 7EH3
£262.3K11/220.24 mi201, Tyndale Crescent, Birmingham, West Midlands B43 7HX3
£200K01/210.24 mi195, Tyndale Crescent, Birmingham, West Midlands B43 7HX3
£185K02/210.24 mi123, Tyndale Crescent, Birmingham, West Midlands B43 7HX3
£290K12/220.24 mi82, Nether Hall Avenue, Birmingham, West Midlands B43 7ET3
£236K04/210.24 mi37, Park Farm Road, Birmingham, West Midlands B43 7QQ3
£255K02/210.26 mi21, Garnet Avenue, Birmingham, West Midlands B43 7RJ3
£265K10/210.27 mi21, Nether Hall Avenue, Birmingham, West Midlands B43 7EU3
£248K03/210.27 mi70, Nether Hall Avenue, Birmingham, West Midlands B43 7EU3
£340K04/230.27 mi32, Nether Hall Avenue, Birmingham, West Midlands B43 7EU3
£325K11/220.27 mi9, Garnet Avenue, Birmingham, West Midlands B43 7RJ3
£247.5K11/200.27 mi11, Park Farm Road, Birmingham, West Midlands B43 7QQ3
£270K02/230.27 mi15, Garnet Avenue, Birmingham, West Midlands B43 7RJ3
£240K05/210.27 mi26, Leighton Close, Birmingham, West Midlands B43 7HY3
£265K07/230.27 mi7, Leighton Close, Birmingham, West Midlands B43 7HY3

Local Rents

19 rents from £1.1K/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,19512/240.1 miBeacon Road, Great Barr, Birmingham, B433
£1,19512/240.1 miBeacon Road, Great Barr, Birmingham, B433
£1,29512/240.16 mi-3
£1,29512/240.16 mi-3
£1,15012/240.19 miBeacon Road, Great Barr, Birmingham, West Midlands3
£2,16702/240.23 mi-3
£1,15012/240.25 miNetherhall Avenue, Great Barr. B43 7ET3
£2,50003/240.28 mi-3
£1,45011/240.31 mi-3
£1,10012/240.33 miQueslett Road, Birmingham3
£1,10012/240.33 miQueslett Road, Birmingham3
£1,10012/240.34 miBrackenfield Road, Great Barr, Birmingham, West Midlands, B443
£1,30002/250.4 mi-3
£1,45001/250.42 mi-3
£1,55001/250.42 mi-3
£1,24509/230.44 mi-3
£1,20012/240.44 miTyndale Crescent, BIRMINGHAM3
£1,10012/240.57 miRomney Way, BIRMINGHAM3
£1,20004/250.57 mi-3

Local Area Statistics

Population in B43

28,796

Population in Birmingham

1,034,821

Town centre distance

6.30 miles away

Nearest school

0.50 miles away

Nearest train station

1.77 miles away

 

 

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £160,000

March 31, 2025

Floor Plans

Description

  • NO UPWARD CHAIN AND FREEHOLD ON COMPLETION +
  • CASH BUYERS ONLY +
  • THREE GENEROUS BEDROOMS +
  • EXTENDED +
  • LOUNGE AND SEPARATE DINING ROOM +
  • KITCHEN +
  • FAMILY BATHROOM & GUEST W.C. +
  • IN NEED OF MODERNISATION OFFERING HUGE POTENTIAL +
  • PRIVATE REAR GARDEN +
  • GARAGE +

*SPACIOUS EXTENDED SEMI DETACHED FAMILY HOME*IN NEED OF MODERNISATION***CASH BUYERS ONLY***FREEHOLD ON COMPLETION***THREE GENEROUS BEDROOMS***LOUNGE***DINING ROOM***KITCHEN***FAMILY BATHROOM WITH SEPARATE W.C.*PRIVATE REAR GARDEN*GARAGE AND AMPLE DRIVEWAY***SOUGHT AFTER LOCATION PARK FARM IN GREAT BARR***NO UPWARD CHAIN*** Although in need of modernisation this spacious, semi detached family home offers huge potential. Located on the popular Park Farm Estate in Great Barr within easy reach of sought after primary and secondary schooling, amenities and transport links. Accommodation comprises, entrance hallway, lounge, L Shaped kitchen and dining room, three generous bedrooms, family bathroom and guest w.c. Outside is a rear garden, garage and ample driveway to fore.

Agent Details

Home4.co.uk, Great Barr

0121 387 6400

Next Steps?

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