3 Bed Terraced House, Planning Permission, Birmingham, B14 6PY, £300,000

Damar Croft, Kings Heath, Birmingham, B14 6PY - a month ago

Planning
ROI: 2%
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£150K - £369.5K
Sold Prices/m²£1.8K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£252,580

 

 

End Value (After Refurb)

£254,068

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£36,800

Bridging Loan Interest

£7,875

Total Cash In

£142,625

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£254,068

Mortgage (After Refinance)

£190,551

Mortgage LTV

75%

Cash Left In

£142,625

Equity

£63,517

Rent Range

£950 - £1,450

Rent Estimate

£1,254

Running Costs/mo

£1,065

Cashflow/mo

£189

Cashflow/yr

£2,271

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £150K to £369.5K, average is £248.5K. £1.8K/m² to £4.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£199.9K11/200 mi10, Damar Croft, Birmingham, West Midlands B14 6PY3
£198K05/210 mi21, Damar Croft, Birmingham, West Midlands B14 6PY3
£325K02/210.03 mi233, Brandwood Road, Birmingham, West Midlands B14 6PX3
£260K12/200.14 mi10, Oakwood Drive, Birmingham, West Midlands B14 6LE3
£250K11/200.14 mi24, Oakwood Drive, Birmingham, West Midlands B14 6LE3
£220K06/210.15 mi56, Westhouse Grove, Birmingham, West Midlands B14 6PT3
£244K10/210.15 mi76, Westhouse Grove, Birmingham, West Midlands B14 6PT3
£250K04/210.16 mi285, Broad Lane, Birmingham, West Midlands B14 5AF3
£179K02/210.16 mi27, Monyhull Hall Road, Birmingham, West Midlands B30 3QE3
£205K01/210.16 mi31, Monyhull Hall Road, Birmingham, West Midlands B30 3QE3
£232.5K01/210.18 mi298, Broad Lane, Birmingham, West Midlands B14 5AA3
£330K02/230.2 mi38, Wyche Avenue, Birmingham, West Midlands B14 6LQ3
£260K03/210.2 mi134, Yarningale Road, Birmingham, West Midlands B14 6NB3
£191.7K02/210.21 mi79, Shelfield Road, Birmingham, West Midlands B14 6JT3
£200K06/210.21 mi49, Brandwood Crescent, Kings Norton, Birmingham, West Midlands B30 3QQ3
£245K07/230.22 mi8, Bryndale Avenue, Birmingham, West Midlands B14 6NG3
£150K12/200.22 mi2, Bryndale Avenue, Birmingham, West Midlands B14 6NG3
£260K09/210.23 mi11, Wendron Grove, Birmingham, West Midlands B14 6LL3
£285K03/210.23 mi116, Brandwood Road, Birmingham, West Midlands B14 6BX3
£347K06/210.23 mi148, Brandwood Road, Birmingham, West Midlands B14 6BX3
£325K12/220.23 mi20, Wendron Grove, Birmingham, West Midlands B14 6LL3
£253.5K02/230.25 mi96, Brandwood Crescent, Kings Norton, Birmingham, West Midlands B30 3PZ3
£215K02/210.28 mi78, Brandwood Crescent, Kings Norton, Birmingham, West Midlands B30 3PZ3
£230.5K08/210.28 mi59, Doversley Road, Birmingham, West Midlands B14 6NN3
£194K10/210.28 mi49, Shalnecote Grove, Birmingham, West Midlands B14 6NH3
£230K02/210.29 mi216, Broad Lane, Birmingham, West Midlands B14 5AD3
£208K04/210.29 mi218, Broad Lane, Birmingham, West Midlands B14 5AD3
£249.5K11/220.29 mi4, Edstone Close, Birmingham, West Midlands B30 3ND3
£300K03/210.29 mi16, Yarningale Road, Birmingham, West Midlands B14 6LU3
£318K01/230.3 mi10, Denford Grove, Birmingham, West Midlands B14 6LY3
£243K10/210.3 mi73, Yarningale Road, Birmingham, West Midlands B14 6LT3
£369.5K04/210.3 mi27, Yarningale Road, Birmingham, West Midlands B14 6LT3
£224K02/210.3 mi25, Bradstock Road, Birmingham, West Midlands B30 3RU3
£230K11/200.3 mi61, Bradstock Road, Birmingham, West Midlands B30 3RU3
£350K09/230.32 mi129, Monyhull Hall Road, Birmingham, West Midlands B30 3QG3
£247.5K06/230.33 mi16, Appleby Close, Birmingham, West Midlands B14 6PA3
£305K02/230.34 mi88, Bryndale Avenue, Birmingham, West Midlands B14 6NQ3
£187K12/200.34 mi138, Lindsworth Road, Kings Norton, Birmingham, West Midlands B30 3RT3
£275K06/230.36 mi93, Lindsworth Road, Kings Norton, Birmingham, West Midlands B30 3RS3
£230.3K03/210.36 mi107, Lindsworth Road, Kings Norton, Birmingham, West Midlands B30 3RS3
£235K01/210.36 mi117, Lindsworth Road, Kings Norton, Birmingham, West Midlands B30 3RS3
£300K01/230.36 mi28, Pakefield Road, Birmingham, West Midlands B30 3RL3
£240K12/200.36 mi52, Pakefield Road, Birmingham, West Midlands B30 3RL3
£272K02/210.36 mi58, Pakefield Road, Birmingham, West Midlands B30 3RL3
£285K11/210.38 mi45, Pakefield Road, Birmingham, West Midlands B30 3RH3
£290K01/230.39 mi34, Greenwood Close, Birmingham, West Midlands B14 6ET3
£239K12/200.4 mi217, Lindsworth Road, Kings Norton, Birmingham, West Midlands B30 3SD3
£322.5K02/210.4 mi77, Woodthorpe Road, Birmingham, West Midlands B14 6EG3
£325K03/210.4 mi83, Woodthorpe Road, Birmingham, West Midlands B14 6EG3
£259.9K07/210.41 mi51, Jasmin Croft, Birmingham, West Midlands B14 5AX3

Local Rents

14 rents from £950/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.2 miYarningale Road, BIRMINGHAM3
£1,39508/240.26 mi-3
£1,45004/250.26 mi-3
£1,40012/230.33 mi-3
£1,10012/230.35 mi-3
£1,10012/240.41 miSouthwold Avenue, Kings Norton, Birmingham, West Midlands, B303
£1,38512/240.44 miKingswood Close, Birmingham3
£1,20012/240.51 miWoodthorpe Road, Kings Heath3
£1,20001/250.54 mi-3
£95012/240.55 miMarjorie Avenue, B303
£1,25002/240.56 mi-3
£1,27512/240.57 mi-3
£1,25012/240.58 miAllens Croft Road, Kings Heath3
£1,30009/240.61 mi-3

Local Area Statistics

Population in B14

42,696

Population in Birmingham

1,034,821

Town centre distance

3.55 miles away

Nearest school

0.30 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+12%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £300,000

April 1, 2025

Floor Plans

Description

A beautifully presented and upgraded, spacious modern style town house in a pleasant cul-de-sac off Brandwood Road.

The property comprises: hall, a dual aspect living room which is open to modern fitted kitchen, three bedrooms, and a well appointed bathroom.

The house has PVC double glazing and combi gas fired central heating.

Outside there is a neat front garden, and there is a landscaped rear garden with summer house.

A single garage can be accessed from a driveway off Damar Croft.

The property has fantastic views across Birmingham.

VIEWINGS:- By appointment only through Glovers Estate Agents.

PLEASE NOTE:- (1) These sale? particulars are for guidance only, and Glovers Estate Agents cannot guarantee their complete accuracy, nor do the particulars constitute a contract or part of a contract. (2) A purchaser must obtain verification on any point of importance or concern. (3) Any measurements given are approximate, and purchasers should verify the measurements for themselves especially before ordering furniture or floor coverings. (4) Glovers Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose; purchasers are advised to obtain verification from their solicitor or surveyor.  (5) References to the tenure of a property are based on information provided by the seller; we will not have seen the title documents; purchasers must therefore obtain verification on tenure from their solicitor.  (6) Items shown in photographs are not included in the sale unless specifically mentioned within the sale?s particulars; certain items may be available by separate negotiation.  (7) Purchasers must check the availability of the property before travelling to see it, and before making an appointment to view.

TENURE:- The seller advises us that the property is Freehold. We have not seen title deeds and cannot verify the title to the property nor covenants, charges, or rights of way affecting title. Tenure details are subject to confirmation through the vendor?s solicitor, and purchasers must verify tenure details through their solicitor / conveyancer.

COUNCIL TAX BAND:- B

FIXTURES AND FITTINGS:- All items of fixtures and fittings except those mentioned in the detailed sales particulars are excluded from the sale.

PLANNING PERMISSIONS AND BUILDING REGULATION CONSENTS:- Any reference in these particulars to extensions or conversions of parts of the property, does not imply that planning permissions and / or building regulation consents have been obtained for the extensions or conversions. Unless specifically mentioned in these particulars, we will not have verified that any necessary consents have been obtained. Verification of these matters must be made by purchasers through their solicitor / conveyancer.

THE PROPERTY OMBUDSMAN:- Glovers Estate Agents is a member of The Property Ombudsman Scheme (TPOS) and follows the TPOS Code of Practice. The Property Ombudsman (TPO) scheme has been providing consumers and property agents with an alternative dispute resolution service for several years and provides consumers with a free, impartial, and independent alternative dispute resolution service. A copy of the Code of Practice and the Consumer Guide is available from us upon request.

Agent Details

Glovers Estate Agents, Kings Heath

0121 443 4343

Next Steps?

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