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Birmingham, B16

£95,000|Studio | 0 bedroom | Leasehold|↑14.46% compared to last sold price
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Approximate area: B16
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Added on 26th December 2024 by Connells, Birmingham City
On the market for 1 year, 8 months
Summary
NO UPWARD CHAIN - GREAT INVESTMENT / FIRST TIME PURCHASE - A one bedroom studio situated in the heart of Birmingham City Centre, close to Broad Street. Property is well maintained and properties can be rented at a 8-10% yield here. Viewing is advised!
Price history
2016 £83,000
  (-15.26%)
2004 £97,950
£80k£85k£90k£95k£100k20042010201620222026Asking £95,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 10th May 2021 - Valid
EPC rating: C
Property age: 2003-2006
EPC energy efficiency rating: current 79, potential 85
Rent data
24 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £625 to £900 which represents a yield of between 7.9% and 11.4% if buying at the asking price
A yield of 8.8% to 12.6% if purchased for 90% of the asking price (£85,500)
A yield of 9.9% to 14.2% if purchased for 80% of the asking price (£76,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £4,750.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None