2 Bed Flat, Single Let, Birmingham, B15 2DR, £270,000
Lexington Gardens, Birmingham, B15 2DR - 6 views - 2 years ago
Leasehold
BTL
~68 m²





+8 photos
ValuationOvervalued
Sold Prices | £30K - £500K |
Sold Prices/m² | £724/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £4K/m² |
Value Estimate | £149,296 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £67,500 |
Stamp Duty & Legal Fees | £10,300 |
Total Cash In | £77,800 |
| |
Cash Out | |
Rent Range | £950 - £2,900 |
Rent Estimate | £1,100 |
Running Costs/mo | £1,084 |
Cashflow/mo | £16 |
Cashflow/yr | £195 |
ROI | 0% |
Gross Yield | 5% |
Local Sold Prices
28 sold prices from £30K to £500K, average is £144.3K. £724/m² to £4.5K/m², average is £2K/m².
Local Rents
50 rents from £950/mo to £2.9K/mo, average is £1.3K/mo.
Local Area Statistics
Population in B15 | 17,552 |
Population in Birmingham | 1,034,821 |
Town centre distance | 0.99 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.46 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +71% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +27% |
Property History
Listed for £270,000
October 11, 2023
Floor Plans

Description
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