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2 Bed Terraced House For Sale Pound Lane, Birmingham, B32

£350,000- Terraced

Yield: 2.23%
1 of 15
Yield: 2.23%
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  • Rental Guide: £520 - £650
  • 2 Bedroom(s)
  • Description
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Key Features

  • Beautiful Barn Conversion
  • End Position
  • Delightful Large Communal Gardens
  • Views Of Countryside
  • Convenient For Commuting
  • Lpg Radiator Heating
  • Wealth Of Exposed Beams
  • Modernised Bathroom
  • Super Lounge Dining Kitchen
  • Excellent Size Lounge
Last Updated: 29th May 2020

Description

A superb BARN CONVERSION situated in outstanding communal grounds from which there are fantastic countryside views. Requiring inspection; Ground floor hall, first floor superb open plan "living space" having lounge with log burner, spacious dining kitchen, 2 double bedrooms, attractive bathroom, utility area and garage EPC - .  
Agent Details
Taylors Estate Agents
19-21, Hagley Road, Halesowen, B63 4PU
Show Contact Number
0121 550 3978

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
1.8

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.
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.
8.4

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
2

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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6.1
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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
2 Bedroom properties in “B32” are mostly listed between £520 - £650. 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