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3 Bed Barn Conversion House For Sale Old Rectory Lane, Birmingham, B48

£645,000- Barn Conversion

Yield: 2.05%
1 of 15
Yield: 2.05%
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  • Rental Guide: £880 - £1,100
  • 3 Bedroom(s)
  • Description
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  • Floor Plan
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Key Features

  • Country Style Kitchen Diner With Laundry Room
  • Living Room, Formal Dining Room And Play Room/office
  • Master Bedroom Suite With Contemporary En Suite
  • Bedroom Two With Walk In Wardrobe And En Suite
  • Third Bedroom, Wc And Separate Shower Room
  • Stunning Landscaped Gardens, Far Reaching Views And Double Garage
Last Updated: 29th May 2020

Description

Summary: Unique and Immaculate Three Bedroom (Two En Suite) Barn Conversion, Set in 0.54 Acres (Approx.) of Stunning Landscaped Gardens, Located on a Quiet Leafy Lane in Semi-Rural Alvechurch.  

Description: The Contemporary Accommodation Briefly Comprises: Covered Porch, Country Style Kitchen Diner with Belfast Sink and French Doors onto the Patio Area, Laundry Room, Generous Living Room with Feature Fireplace and French Doors also onto the Patio Area, Guest Cloakroom, Formal Dining Room and Play Room/Office.

The First Floor Continues: Landing with Storage Cupboard and Additional Airing Cupboard, WC and Separate Shower Room, Master Bedroom with Dressing Area and Contemporary En Suite Bathroom with Separate Shower Cubicle, Bedroom Two with Walk In Wardrobe and En Suite Shower Room and Bedroom Three with Built In Wardrobe. The First Floor Features a Number of Larger Style Velux Windows and Eaves Storage.  

Outside: Set Behind Security Gates, the Property Features 0.54 Acres (Approx.) of Wonderful Lanscaped Gardens Complete with Sizeable Summer House, Decked Seating Area, Patio, Play Area, Lawn, Magnificent Lake and Far Reaching Open Views. Parking Includes a Double Garage as well as a Gravelled Driveway, Providing Ample Parking for Several Cars.  

Location: The property is located within the sought after Village of Alvechurch, and is conveniently positioned for the local First and Middle Schools, excellent local shops, pubs and restaurants, Alvechurch train station, easy motorway access, main bus route and walks along the local canal.  

Room Dimensions:  

Kitchen/Diner: 20' 4" x 12' 2" (max) (6.20m x 3.72m)  

Laundry Room: 9' 10" x 5' 5" (3.02m x 1.67m)  

Living Room: 15' 9" x 20' 9" (4.82m x 6.34m)  

Dining Room: 16' 7" x 9' 8" (5.08m x 2.95m)  

Play Room: 16' 7" x 9' 3" (5.08m x 2.82m)  

Stairs To First Floor Landing  

Master Bedroom: 9' 0" x 10' 0" (2.75m x 3.07m)  

Dressing Room: 6' 4" x 7' 1" (1.95m x 2.18m)  

En Suite: 8' 3" x 5' 2" (2.54m x 1.59m)  

Bedroom Two: 9' 3" x 12' 5" (2.83m x 3.79m)  

En Suite: 5' 5" x 6' 11" (1.66m x 2.12m)  

Bedroom Three: 10' 0" x 12' 8" (3.06m x 3.87m)  

WC 2' 11" x 7' 8" (0.91m x 2.35m)  

Shower Room: 5' 4" x 3' 2" (1.65m x 0.99m)  
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
1.6

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.
6.2

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:

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Rental Data
3 Bedroom properties in “B48” are mostly listed between £880 - £1,100. 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