14% Net Yield, £45'000 Pa Net Rent, Wood Lane, Birmingham, B20
By SBI Estates
£ 320,000
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 £3750 pcm/ £45'000 p.a . and producing a 14 % Net Yield. Government Backed. Social Housing Investment.
Property Oracle says ..
This terraced property in Handsworth Wood, Birmingham, appears to be a recently renovated investment opportunity. It features six bedrooms and six bathrooms, configured to generate a high rental yield. The location is reasonably convenient, with nearby schools and transport links. While the square footage is relatively small, the property’s condition and income potential make it an attractive prospect for investors. The garden is a further benefit. However, the price per square foot is higher than the average for the area.
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
- 6
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 674.36
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
- 320,000.00 £Decreased by 17.89 %
- Est sale value
- 219,167.00 £Decreased by 9.97 %
- Average area rental value
- 929.00 £/moDecreased by 15.00 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.48 %Increased by 3.26 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
SBI Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Clare'S Catholic Primary School | Voluntary Aided School | Requires improvement | 0.65 KM |
| St Marys C Of E Primary And Nursery, Academy, Handsworth | Academy Converter | Good | 0.79 KM |
| Holy Trinity Ce Primary Academy (Handsworth) | Academy Converter | Requires improvement | 0.84 KM |
| Cherry Orchard Primary School | Community School | Good | 0.91 KM |
| Westminster Primary School | Academy Converter | Good | 0.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Howard Road | £ 194,975 | 0 | 0.00 KM |
| Kingsleigh Road | £ 0 | 0 | 0.00 KM |
| Ashleigh Drive | £ 0 | 0 | 0.00 KM |
| Westerings | £ 0 | 0 | 0.00 KM |
| Grosvenor Avenue | £ 262,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Perry Barr | 1128 | PRY | 1.34 KM |
| Hamstead (Birmingham) | 1145 | HSD | 2.36 KM |
| Jewellery Quarter | 1097 | JEQ | 2.94 KM |
| Witton (West Midlands) | 1011 | WTT | 3.30 KM |
| Birmingham Snow Hill | 1006 | BSW | 3.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wood Lane, Handsworth Wood, Birmingham | £ 155,000 | BUY | 6 / 10 | 0.00 KM |
| 14% Net Yield, £45'000 Pa Net Rent, Wood Lane, Birmingham, B20 | £ 320,000 | BUY | 6 / 10 | 0.00 KM |
| Wood Lane, Birmingham | £ 195,000 | BUY | 5 / 10 | 0.01 KM |
| Howard Road, Birmingham, B20 | £ 175,000 | BUY | 5 / 10 | 0.05 KM |
| Lea Hall Green, Birmingham | £ 450,000 | BUY | 7 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 53 Wood Lane | £ 108,000 | 0.00 KM |
| 77 Wood Lane | £ 100,000 | 0.00 KM |
| 25 Wood Lane | £ 84,000 | 0.00 KM |
| 47 Wood Lane | £ 31,500 | 0.00 KM |
| 35 Wood Lane | £ 36,950 | 0.00 KM |