13% Net Yield, £39,000 Pa Net Yield, Brook Lane, Birmingham, B13
By SBI Estates
£ 300,000
Reviews
3 out of 5 stars
SBI Estates says ..
Would you like a hands off investment opportunity? This property let on a 5 year lease for £3250 pcm/ £39'000 p.a . and producing a 13% Net Yield. Government Backed. Social Housing Investment.
Property Oracle says ..
This property is a terraced house located in Birmingham, close to several schools and transportation links. The property has been recently renovated to a high standard, and has six bedrooms and six bathrooms. The property benefits from a small rear garden. While the list price is slightly above the average price per square foot for the area, the high number of bedrooms and bathrooms, and recent renovations, may justify this. Further investigation into the specifics of the renovations and local comparables would be beneficial to solidify this conclusion.
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
- 7
- Condition
- 9
- Location
- 8
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 1,050.23
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
- 258,571.00 £Decreased by 18.16 %
- Est sale value
- 344,475.44 £Increased by 11.95 %
- Average area rental value
- 1,230.00 £/moIncreased by 21.30 %
- Est letting value
- 1,050.23 £/mo
- Est rental Yield
- 5.71 %Increased by 48.31 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
SBI Estates marked this listing as sold.
SBI Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Swanshurst School | Community School | Outstanding | 0.35 KM |
| The Dame Ellen Pinsent School | Foundation Special School | Outstanding | 0.59 KM |
| Kings Heath Boys | Community School | Good | 0.91 KM |
| Wheelers Lane Primary School | Community School | Good | 0.94 KM |
| Wheelers Lane Technology College | Community School | Outstanding | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Barn Lane | £ 462,500 | 0 | 0.00 KM |
| Marlcliff Grove | £ 162,500 | 0 | 0.00 KM |
| Alfred Street | £ 250,000 | 0 | 0.00 KM |
| Birches Close | £ 0 | 0 | 0.00 KM |
| Fir Grove | £ 315,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Yardley Wood | 4537 | YRD | 3.01 KM |
| Hall Green | 4521 | HLG | 3.81 KM |
| Small Heath | 4530 | SMA | 4.22 KM |
| Bordesley | 4513 | BBS | 4.49 KM |
| Spring Road | 4535 | SRI | 4.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 13% Net Yield, £39,000 Pa Net Yield, Brook Lane, Birmingham, B13 | £ 300,000 | BUY | 6 / 10 | 0.00 KM |
| Brook Lane, Moseley/Kings Heath Border, Birmingham | £ 260,000 | BUY | 8 / 10 | 0.10 KM |
| Wheelers Lane, Kings Heath, Birmingham, B13 | £ 475,000 | BUY | 7 / 10 | 0.17 KM |
| Coldbath Road, Moseley, Birmingham | £ 220,000 | BUY | 6 / 10 | 0.46 KM |
| Wheelers Lane, Kings Heath | £ 625,000 | BUY | 7 / 10 | 0.47 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 115 Brook Lane | £ 102,000 | 0.00 KM |
| 99 Brook Lane | £ 59,000 | 0.00 KM |
| 85 Brook Lane | £ 125,000 | 0.00 KM |
| 133 Brook Lane | £ 207,500 | 0.00 KM |
| 131 Brook Lane | £ 34,000 | 0.00 KM |