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4 Bed Semi-Detached House For Sale Hanging Lane, Birmingham, B31

£220,000- Semi-detached

Yield: 6.68%
1 of 15
Yield: 6.68%
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  • Rental Guide: £975 - £1,225
  • 4 Bedroom(s)
  • Description
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Key Features

  • A Spacious Semi Detached Family Home
  • Requiring Modernisation Throughout
  • Four Bedrooms
  • Two Reception Rooms
  • Ground Floor W.c
  • Gas Central Heating
  • Partial Double Glazing
  • Garage
  • Off Road Parking
  • No Upward Chain
Last Updated: 28th May 2020

Description

Ashley Borne West Heath are pleased to offer For Sale this superb four bedroom semi detached family home, in need of modernisation throughout, perfectly situated on the ever popular Hanging Lane, having excellent access to both Northfield & Longbridge Town Centre's. The property is being sold with No Upward Chain and would make an ideal family home or investment property.
In brief, the property comprises of an entrance hallway, two reception rooms, ground floor w.c, kitchen, four bedrooms, bathroom and separate w.c. The property also benefits from gas central heating, partial double glazing, rear garden, off road parking and a garage.
Agent Details
Ashley Borne Sales and Lettings
11a, Alvechurch Road, Birmingham, B31 3JW
Show Contact Number
0121 285 4447

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
6.1

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

Good rental demand alongside mortgage availability and low interest rates forecast this property to increase in value.
3

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.
5

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.
9.3

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
6

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
4 Bedroom properties in “B31” are mostly listed between £975 - £1,225. 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