Postcode district

B2

11 for-sale listings18 to-let listingsCool market

Median asking price

£135K

Across 11 for-sale listings

Growth, 3 years

-13.7%

A year, annualised

Gross yield

8.3%

Indicative, from listing medians

Days on market

120

Average time on market

Investment overview

Median asking price

£135K

Average £140K, range £110K to £205K

Gross yield

8.3%

Strong

Indicative gross yield from listing medians

Price growth

3 yr-13.7%
5 yr-10.2%
10 yr-2.0%

% a year, annualised over each horizon

Market heat

Cool

120 days average time on market

Median asking rent

£938/mo

Of 18 to-let listings

Most common type

Flat

1 bedrooms on average

Market data

Listings

Summary

Homes listed

29

For sale and to let

Median asking price

£135K

Asking price range

£110K to £205K

Homes analysed

554

Behind the growth and area averages

For-sale listings equal 2.0% of the homes analysed.

Strategy fit

Buy to let

Strong

Gross yield

8.3%

  • Indicative gross yield of 8.3% from listing medians
  • Median asking rent £938 a month

HMO

Strong

Median asking price

£135K

  • Low entry price (£135K) keeps conversion costs viable
  • 66% of households rent privately
  • Most listings are flat

Flip

Weak

Growth, 3 years

-13.7% a year

  • Prices moving -13.7% a year over 3 years raises resale risk
  • Slow exits: 120 days average time on market

Recent listings

The 6 most recently updated for-sale listings, a sample of 11 in B2.