3 Bed Terraced House, Single Let, Birmingham, B19 2LT, £195,000

Porchester Drive, Birmingham, B19 2LT - 1 views - 3 months ago

Under Offer
BTL
ROI: 5%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£82K - £250K
Sold Prices/m²£917/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£172,072

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£975 - £3,100

Rent Estimate

£1,075

Running Costs/mo

£844

Cashflow/mo

£231

Cashflow/yr

£2,768

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £82K to £250K, average is £170K. £917/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£150K11/200.01 mi93, Porchester Drive, Birmingham, West Midlands B19 2LT3
£187K07/220.13 mi11, Hockley Close, Birmingham, West Midlands B19 2NS3
£155K06/210.16 mi310, Hospital Street, Birmingham, West Midlands B19 2NJ3
£178K10/220.17 mi359, Hospital Street, Birmingham, West Midlands B19 2NL3
£115K05/210.17 mi51, Ventnor Avenue, Lozells, Birmingham, West Midlands B19 2JQ3
£222K02/220.19 mi17, Orchid Drive, Hockley, Birmingham, West Midlands B19 2DD3
£148K05/210.19 mi4, Orchid Drive, Hockley, Birmingham, West Midlands B19 2DD3
£82K04/210.19 mi2, Orchid Drive, Hockley, Birmingham, West Midlands B19 2DD3
£125K05/230.2 mi124, Melbourne Avenue, Birmingham, West Midlands B19 2HZ3
£126.5K03/210.2 mi82, Melbourne Avenue, Birmingham, West Midlands B19 2HZ3
£150K01/230.22 mi325, Hospital Street, Birmingham, West Midlands B19 2YD3
£190K06/230.22 mi8, Gunmakers Walk, Birmingham, West Midlands B19 2DW3
£180K02/220.26 mi43, Roslin Grove, Birmingham, West Midlands B19 2HT3
£95K02/230.3 mi106, Lozells Street, Birmingham, West Midlands B19 2AT3
£150K03/220.33 mi187, Burbury Street, Lozells, Birmingham, West Midlands B19 1TL3
£156K03/210.34 mi31, Lount Walk, Birmingham, West Midlands B19 2QD3
£170K04/220.34 mi3, Lount Walk, Birmingham, West Midlands B19 2QD3
£180K11/220.4 mi104, Wills Street, Birmingham, West Midlands B19 2AZ3
£150K06/230.47 mi12, Parliament Street, Aston, Birmingham, West Midlands B6 4TS3
£160K12/220.49 mi6, Roland Road, Birmingham, West Midlands B19 1RS3
£235K02/230.51 mi44, Leonard Road, Birmingham, West Midlands B19 1JU3
£145K11/220.51 mi38, Leonard Road, Birmingham, West Midlands B19 1JU3
£205K04/230.55 mi134, Fentham Road, Aston, Birmingham, West Midlands B6 6AU3
£190K02/230.59 mi94, Prestbury Road, Birmingham, West Midlands B6 6EE3
£176K05/210.61 mi134, Frederick Road, Aston, Birmingham, West Midlands B6 6DG3
£220K03/230.61 mi140, Frederick Road, Aston, Birmingham, West Midlands B6 6DG3
£187K03/210.65 mi40, Ettington Road, Birmingham, West Midlands B6 6ET3
£195K06/230.66 mi45, Prestbury Road, Birmingham, West Midlands B6 6EH3
£120K10/210.66 mi33, Ettington Road, Birmingham, West Midlands B6 6ES3
£170K06/210.69 mi45, Grange Road, Aston, Birmingham, West Midlands B6 6LA3
£130K04/230.7 mi137, Witton Road, Birmingham, West Midlands B6 6JR3
£149K09/210.71 mi216, Witton Road, Birmingham, West Midlands B6 6LB3
£180K11/210.72 mi160, Bevington Road, Birmingham, West Midlands B6 6HT3
£136K10/200.76 mi3, Ford Street, Birmingham, West Midlands B18 5PL3
£215K11/220.78 mi62, Whitmore Street, Birmingham, West Midlands B18 5BP3
£211K10/220.79 mi1, Townley Gardens, Birmingham, West Midlands B6 6LP3
£150K09/220.8 mi59, South Road, Hockley, Birmingham, West Midlands B18 5NA3
£188K09/230.84 mi32, Normandy Road, Perry Barr, Birmingham, West Midlands B20 3BE3
£205K07/230.86 mi48, Hurdlow Avenue, Birmingham, West Midlands B18 5QQ3
£193K04/230.86 mi23, Goode Avenue, Birmingham, West Midlands B18 5QH3
£192K07/210.86 mi41, Normandy Road, Perry Barr, Birmingham, West Midlands B20 3AX3
£195K07/230.87 mi5, Apollo Way, Birmingham, West Midlands B20 3ND3
£130K03/230.88 mi139, Normandy Road, Perry Barr, Birmingham, West Midlands B20 3AY3
£250K09/220.89 mi35, Gibson Road, Birmingham, West Midlands B20 3UE3
£230K12/200.89 mi9, Charles Road, Handsworth, Birmingham, West Midlands B20 3QN3
£121K11/200.9 mi7, Bayswater Road, Birmingham, West Midlands B20 3AH3
£135K10/220.9 mi87, Davey Road, Birmingham, West Midlands B20 3EG3
£200K09/220.92 mi219, South Road, Hockley, Birmingham, West Midlands B18 5JP3
£135K03/210.92 mi28, Maidstone Road, Birmingham, West Midlands B20 3EH3
£163K06/210.92 mi26, Maidstone Road, Birmingham, West Midlands B20 3EH3

Local Rents

17 rents from £975/mo to £3.1K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20002/240.08 mi-3
£97503/240.12 miHockley Close, BIRMINGHAM3
£1,25004/250.16 mi-3
£1,27504/250.33 mi-3
£1,25003/250.43 mi-3
£3,10006/240.43 mi-3
£3,10012/240.43 mi-3
£3,10012/240.43 mi-3
£1,29502/250.43 mi-3
£1,36603/240.43 mi-3
£1,07503/240.43 miWestthorpe Grove, Birmingham, B193
£1,10003/240.43 miWestthorpe Grove, Birmingham, B193
£1,07502/240.43 mi-3
£1,10001/250.49 mi-3
£1,20004/250.54 mi-3
£1,20002/240.55 mi-3
£1,18504/250.55 mi-3

Local Area Statistics

Population in B19

20,152

Population in Birmingham

1,034,821

Town centre distance

2.50 miles away

Nearest school

0.10 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Buyer's market

Capital growth (5yrs)

+43%

Property History

Listed for £195,000

February 12, 2025

Floor Plans

Description

  • Three Double Bedrooms +
  • Large Kitchen/Diner +
  • Garage/Driveway +
  • Central Heating & Double Glazing +
  • Newly Fitted Bathroom +
  • Newly Fitted Shower Room +
  • Well Presented +
  • Deceptively Spacious +
  • Popular And Convenient Residential Location +

The Property
A great opportunity to acquire this well presented, deceptively spacious three bedroom property in a popular and convenient residential location. The property features three double bedrooms, living room currently employed as bedroom four, a newly fitted second floor bathroom, ground floor shower room, large kitchen diner, a well maintained garden, garage and driveway. The property has been refurbished and modernised to a good standard by the current owner to include a newly fitted bathroom/shower room .
Situated in a convenient, and popular residential location having access to local amenities such as shops, schools and restaurants, the property is located a few minutes from Birchfield Road which offers excellent travel links to Birmingham City Centre and is also few minutes drive of the One Stop Shopping Centre and from the motorway network. The property is an ideal purchase for first time buyers, professional couples and landlords and is ready to move

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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