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3 Bed Semi-Detached House For Sale Oakfield Drive, Birmingham, B45

£295,000- Semi-detached

Yield: 3.26%
1 of 11
Yield: 3.26%
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  • Rental Guide: £640 - £805
  • 3 Bedroom(s)
  • Description
  • Report
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Entrance Hall With Understairs Storage Cupboard
  • Lounge With Bay Window And Feature Gas Fire
  • Dining Room With Sliding Patio Door And Feature Gas Fire
  • Kitchen With Access To The Utility Room
  • Three Bedrooms And Family Bathroom
  • Beautiful Rear Garden
  • Driveway And Garage
  • Located Close To Lickey Woods And Cofton Park
Last Updated: 28th May 2020

Description

Summary: A well-proportioned, bright and airy family home located in the attractive village of Cofton Hackett, close to the renowned 135 acre 'Cofton Park'.  

Description: The accommodation comprises: Enclosed porch, entrance hall with under stairs storage cupboard, lounge with bay window and feature gas fire, dining room with feature gas fire and sliding patio doors onto the garden and kitchen with access to a sizeable utility room. The first floor features three bedrooms (two overlooking the garden) and family bathroom.  

Outside: Externally, the property offers a beautiful rear garden with patio dining area, generous lawn, a range of mature trees and shrubs, pond and shed. Parking includes a driveway which leads to the garage. 

Location: Cofton Hackett itself has many fine walks to be enjoyed in both Lickey Woods and Cofton Park. There are some local shops and easy access to the M42 and M5 motorways links. Barnt Green village is approximately two miles away and has every day shopping facilities, doctor's surgery, dentist, local primary school and railway station. No more than 2 miles away is the recently regenerated Longbridge site (former MG Rover car plant), home to the largest Marks and Spencers in the Midlands.  

Room Dimensions:  

Lounge: 13' 1" x 11' 1" (4.00m into the bay x 3.40m)  

Dining Room: 12' 3" x 11' 1" (3.75m x 3.40m)  

Kitchen: 8' 9" x 7' 4" (2.67m x 2.25m)  

Utility Room: 16' 8" x 4' 11" (5.10m x 1.50m)  

Garage: 15' 1" x 6' 8" (4.60m x 2.05m)  

Stairs To First Floor Landing  

Master Bedroom: 13' 1" x 11' 2" (4.00m into the bay x 3.42m)  

Bedroom Two: 12' 3" x 11' 2" (3.75m x 3.42m)  

Bedroom Three: 8' 9" x 7' 4" (2.68m x 2.25m)  

Bathroom: 8' 1" x 5' 9" (2.48m x 1.76m)  
Agent Details
Arden Estates
67, Hewell Road, Birmingham, B45 8NL
Show Contact Number
0121 447 8300

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
2.8

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.
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.
8.8

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
3

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Rental Data
3 Bedroom properties in “B45” are mostly listed between £640 - £805. 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