14.4% Net Yield, £50'400 Pa Net Rent, Minstead Road, Birmingham, B24
By SBI Estates
£ 350,000
Reviews
3 out of 5 stars
SBI Estates says ..
Would you like a hands off investment opportunity? This property let on a 6 year 11 month lease for £4200pcm/ £50'400 P.A and producing a 14.4% Net Yield. Government Backed. Social Housing Investment.Return of £348'600 over the term of the lease (6yrs 9month). That's nearly all of your money back!
Property Oracle says ..
This terraced property in Gravelly Hill, Birmingham, presents a potential investment opportunity due to its high net yield. The interior has been modernized, featuring six bedrooms and six bathrooms, making it suitable for multiple occupants. The location offers convenient access to transportation and schools. While the exterior may need some attention, the overall condition and income potential make it an attractive prospect. The limited land may be a drawback for some buyers.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 7
- Location
- 6
- Land
- 4
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 876.18
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 223,571.00 £Increased by 0.90 %
- Est sale value
- 326,815.14 £Increased by 36.13 %
- Average area rental value
- 1,011.00 £/moIncreased by 21.51 %
- Est letting value
- 876.18 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.43 %Increased by 20.40 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
SBI Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Slade Primary School | Academy Sponsor Led | Good | 0.69 KM |
| Flexible Learning School | Other Independent School | Good | 0.73 KM |
| Spring Hill High School | Other Independent Special School | Requires improvement | 0.75 KM |
| St Mary And St John Junior And Infant School | Academy Sponsor Led | 0.84 KM | |
| Erdington Hall Children'S Centre | Children's Centre Linked Site | 1.21 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Compton Road | £ 130,000 | 0 | 0.00 KM |
| Argyle Street | £ 0 | 0 | 0.00 KM |
| Cuckoo Road | £ 0 | 0 | 0.00 KM |
| Abbey Road | £ 195,000 | 0 | 0.00 KM |
| Tudor Gardens | £ 262,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gravelly Hill | 1132 | GVH | 0.56 KM |
| Aston | 1004 | AST | 2.20 KM |
| Erdington | 1041 | ERD | 2.52 KM |
| Adderley Park | 1036 | ADD | 3.01 KM |
| Duddeston | 1040 | DUD | 3.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 14.4% Net Yield, £50'400 Pa Net Rent, Minstead Road, Birmingham, B24 | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| Minstead Road, Erdington | £ 155,000 | BUY | 5 / 10 | 0.00 KM |
| Gravelly Hill, Birmingham, West Midlands, B23 | £ 2,000,000 | BUY | 5 / 10 | 0.16 KM |
| City Gate, 124 Gravelly Hill, Erdington, B23 | £ 135,000 | BUY | 6 / 10 | 0.16 KM |
| Bellingham Court, Gravelly Hill, Erdington, Birmingham, B23 7PJ | £ 95,000 | BUY | 4 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 150 Minstead Road | £ 108,000 | 0.00 KM |
| 98 Minstead Road | £ 121,000 | 0.00 KM |
| 142 Minstead Road | £ 129,950 | 0.00 KM |
| 130 Minstead Road | £ 170,000 | 0.00 KM |
| 182 Minstead Road | £ 152,500 | 0.00 KM |