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Three-bedroom terraced house in Birmingham

Birmingham, B21 - Get Access

3 bed 1 bath

Description

A tenanted 3-bedroom terrace property situated within a prime location in Birmingham. The accommodation comprises an entrance hallway, lounge, kitchen, three large double bedrooms, and a bathroom. The property benefits from ample storage throughout, on-street parking, and a large yard to the rear. The property is currently tenanted at £600 p/m (£7,200 p/a), and based on current market rent, could potentially achieve between £825 and £875 per month (£9,900 to £10,500 p/a). This is an excellent turn-key investment opportunity sure to appeal to buy-to-let investors looking for an already let property in a sought-after location with great potential for capital growth and yield. Sold comparables in the local area include 102 Boulton Road (previously sold for £195,000) and 55 Reynolds Road (previously sold for £242,500), reflecting strong demand in the local market. People choose to live and invest in Birmingham for its dynamic blend of rich cultural heritage, economic opportunities, and urban renaissance, boasting a diverse community, vibrant arts scene, excellent transportation links, and ongoing infrastructure investments.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 883 sq ft (EPC)

This 3-bedroom terraced property in Birmingham was evaluated using local sold comparables of similar residential houses. Floor area was referenced from EPC data at 883 sq ft. Market evidence from nearby Boulton Road and Reynolds Road provided a reliable baseline price per square foot.

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