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3 Bed End Of Terrace House For Sale Alvechurch Road, Birmingham, B31

£210,000- End Of Terrace

Yield: 4.43%
1 of 12
Yield: 4.43%
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  • Rental Guide: £620 - £775
  • 3 Bedroom(s)
  • Description
  • Report
  • Floor Plan
  • Street View
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Key Features

  • Three Bedroom End Terrace
  • Family Bathroom And Downstairs Wc
  • Lounge, Kitchen And Conservatory
  • Double Garage
  • Off Road Parking
  • Rear And Side Garden
Last Updated: 28th May 2020

Description

Summary:
A well presented three bedroom end terraced house situated in West Heath, offering double garage, off road parking and rear garden. 

Description: The accommodation in brief comprises:- Hall, Lounge with Bay Window, Modern Kitchen with Integrated Cooker, Hob and Extractor Fan, Downstairs WC, Conservatory with Dining Area and Access to Rear Garden, Garage, Double Master Bedroom, Double Bedroom Two, Single Bedroom Three and Bathroom with Shower over Bath. 

Outside: Outside the property benefits from a delightful rear garden with flagstone patio and lawn surrounded by fenced boundaries and additional side garden. 

Location: Alvechurch Road is located within good proximity to open spaces such as Cofton and West Heath Park. The nearest train station is mile way with good commuting links to Birmingham City Centre and Redditch. Nearby is Birmingham Great Park and the new Longbridge development offering excellent shopping facilities, cinema, restaurants and large supermarkets. 

Lounge: 16' 7" x 13' 1" (5.08m x 4.00m) max  

Kitchen: 12' 11" x 8' 9" (3.96m x 2.67m)  

Conservatory: 15' 9" x 9' 0" (4.82m x 2.75m)  

WC 4' 5" x 2' 9" (1.37m x 0.85m)  

Stairs To First Floor Landing  

Master Bedroom: 12' 6" x 10' 0" (3.82m x 3.07m)  

Bedroom Two: 10' 0" x 9' 11" (3.06m x 3.04m)  

Bedroom Three: 8' 5" x 6' 3" (2.59m x 1.92m)  

Bathroom: 6' 0" x 6' 0" (1.83m x 1.84m)  
Agent Details
Arden Estates
112, New Road, Birmingham, B45 9HY
Show Contact Number
0121 453 4349

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
4.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
9.4

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Rental Data
3 Bedroom properties in “B31” are mostly listed between £620 - £775. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested