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Detached · 3 bed
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Suggested Offer Range
Already 22% below the comparable sales mean — limited negotiation margin. Strong value at current asking price.
🔨 Refurb Cost Estimate
Refurb cost estimate pending — this listing hasn't been through cost analysis yet. Runs nightly; check back within 24–48 hours.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | Local, trusted builders in Birmingham T.A Smith Builders Ltd | 0121 475 4151 | — |
| decorator | Painting and Decorating Birmingham | Decorating Contractors ... | 0121 706 3125 | — |
| photographer | Birmingham photographer | 01839066789 | — |
Property Details
- Asking Price
- £345,000
- Property Type
- Detached
- Bedrooms
- 3
- Bathrooms
- N/A
- Est. Floor Area
- 1,200–1,300 sqft (est.)
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
This listing is priced below the postcode sector benchmark.
Comparable Sales in this postcode sector
⚠️ No comparable sales found matching 2-4 bedrooms; showing all property types for context.
| Address | Type | Beds | Price | £/sqft | Date | Distance |
|---|---|---|---|---|---|---|
| Sector sale 1 | Detached | 5 | — | — | — | — |
| Sector sale 2 | Detached | 6 | — | — | — | — |
| Sector sale 3 | Detached | 7 | — | — | — | — |
| Sector sale 4 | Detached | 6 | — | — | — | — |
| Sector sale 5 | Detached | 6 | — | — | — | — |
| Sector sale 6 | Detached | 7 | — | — | — | — |
| Sector sale 7 | Detached | 6 | — | — | — | — |
| Sector sale 8 | Detached | 5 | — | — | — | — |
| Sector sale 9 | Detached | 7 | — | — | — | — |
| Sector sale 10 | Detached | 7 | — | — | — | — |
■ Above subject ■ Below subject
Based on 10 comparable sales — Full Range (grey) · Typical IQR (blue) · Fair Value CI (light blue) · | Median · | Mean · Asking (▲)
ⓘ Bedroom counts are estimated from EPC records or floor area, since Land Registry sales don’t record bedrooms directly.
Location
Motivated Seller Analysis
Standard — 3/10Behavioural signals: 87 days on marketBelow market value
💸 Mortgage & Financing
| Recommended LTV | 75.0% |
| Indicative Rate | 4.99% |
| Monthly IO Payment | £1,358 |
| ICR (actual) | 0.91x |
| Feasibility | REFER |
| Notes: Rental coverage 65% — below 100% stressed coverage, most lenders will decline | |
| 💲 Total Cash Required | |
| Purchase Price | £345,000 |
| Deposit (25% — 75% LTV) | £86,250 |
| SDLT (additional property, 5% surcharge) | £33,537 |
| Legal fees (est.) | £1,500 |
| Survey (est.) | £500 |
| Arrangement fee (est.) | £999 |
| Total cash required | £122,786 |
Legal and survey fees are estimates. SDLT applies 5% additional-property surcharge (Oct 2024 Budget). Not financial advice.
🔄 BRR Refinance Stress Test
Tests lender affordability (rent vs. mortgage interest) — a different calculation from the BRRR Strategy card above, which tests capital recycled via refinance.
| Purchase price | £345,000 | Loan (75% LTV) | £258,750 |
| Rate (IO) | 5.5% p.a. | Monthly interest | £1,186 |
| Rent needed (1.5×) | £1,779/mo | Estimated rent | £1,236/mo |
| Stress ratio | 1.04× (need ≥ 1.5×) £543 shortfall | ||
Assumptions: 75% LTV · 5.5% interest only · 1.5× rent coverage (standard lender requirement). Actual lender criteria vary — verify with your broker.
Exit Strategy
Capital appreciation projections at 2.5% pa (a flat UK-wide assumption — not adjusted for this property's specific location). Assumes 75% LTV interest-only mortgage redeemed on sale. Excludes rental income.
How is this calculated?
This is a simplified projection based on comparable sales data and an estimated refurb cost. It does not currently account for seller motivation signals, nearby planning applications, or the area's wider demographic profile — see the relevant sections elsewhere in this report for those. Not financial advice.
| Est. reno cost | Unknown — score listing |
| Cash left in deal | Unknown |
| SA gross/mo | £1,210 |
| SA net/mo | £915 |
| BTL est./mo | £980 |
| SA vs BTL uplift | +£230/mo |
| Hold Period | Est. Sale Price | Capital Gain | Net Proceeds | Total Return |
|---|---|---|---|---|
| 3 years | £371,527 | +£26,527 | £100,058 | +£13,808 (4.0%) |
| 5 years | £390,336 | +£45,336 | £114,070 | +£27,820 (8.1%) |
| 7 years | £410,097 | +£65,097 | £128,792 | +£42,542 (12.3%) |
Projections: 2.5% pa UK-wide HPI assumption (not location-adjusted), 75% LTV IO mortgage redeemed at sale, 1.5% EA, £1,500 legal, 24% CGT above £3k allowance. Not financial advice.
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All yield, cashflow, SDLT, CGT and mortgage figures on this page are calculated on the estimated effective purchase cost — not the guide price shown above.
| Guide price | £345,000 |
| Estimated hammer (mid) | £414,000 (guide × 1.20 — typical range is +10–35%) |
| Buyer’s premium (4% + VAT = 4.8%) | £19,872 |
| Legal fees (est.) | £1,500 |
| Effective purchase cost | £435,372 (+26.2% vs guide) |
Guide prices can change before auction day. Always verify the reserve price and obtain legal pack before bidding.
📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £11,764 | £355,350 | £8,025 | £-4,912 | £5,438 | 4.7% |
| Yr 3 | £12,360 | £376,991 | £8,454 | £-14,096 | £17,895 | 15.6% |
| Yr 5 | £12,986 | £399,950 | £8,905 | £-22,389 | £32,560 | 28.4% |
| Yr 10 | £14,692 | £463,651 | £10,133 | £-38,927 | £79,724 | 69.4% |
| Yr 15 | £16,623 | £537,499 | £11,524 | £-48,846 | £143,653 | 125.1% |
| Yr 20 | £18,807 | £623,108 | £13,096 | £-51,276 | £226,833 | 197.5% |
| Yr 25 | £21,279 | £722,353 | £14,876 | £-45,231 | £332,122 | 289.2% |
| Yr 30 | £24,075 | £837,406 | £16,889 | £-29,600 | £462,806 | 403.0% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
🌎 Area Profile — West Midlands ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,051 | 2.9% | 1.8% | £-1,123 | -19.3% |
| Conservative | £1,149 | 3.2% | 2.1% | £-729 | -7.1% |
| Base | £1,236 | 3.4% | 2.4% | £-508 | -1.9% |
| Optimistic | £1,335 | 3.7% | 2.6% | £-274 | 3.8% |
| Bull | £1,458 | 4.0% | 3.0% | £-17 | 11.0% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●3.41% |
| Net Yield | ●2.35% |
| Net Annual Income | £10,234 |
| Deductions: void 8% (−£941) · mgmt 10% (−£1,176) · maint 10% (−£1,176) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £1,358 |
| Monthly Cashflow (IO) | ●£-505 |
| Cash-on-Cash Return | ●-4.16% |
| 5-Year IRR | ●-1.9% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £33,537 |
| SDLT Effective Rate | 7.7% |
| SDLT (Company) | £33,537 |
| Section 24 Extra Tax/yr (higher rate) | £1,481 |
| SPV Annual Saving | £1,481 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £504,715 |
| Less: Purchase Price | −£435,372 |
| Less: Buying Costs (SDLT + legal) | −£36,137 |
| Less: Selling Costs (est. 2.5%) | −£12,618 |
| = CGT Net Gain (5yr) | £20,588 |
| CGT at 24% | £4,221 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £1,051 | 2.9% | 1.8% | £-1,123 | -19.3% |
| Conservative | £1,149 | 3.2% | 2.1% | £-729 | -7.1% |
| Base | £1,236 | 3.4% | 2.4% | £-508 | -1.9% |
| Optimistic | £1,335 | 3.7% | 2.6% | £-274 | 3.8% |
| Bull | £1,458 | 4.0% | 3.0% | £-17 | 11.0% |
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