Apartment 1, Ferndale House, 66A Harborne Road, Birmingham, B15 3HE

UPRN:10094288496Flat/Maisonette1 bedsBuilt -

LeaseholdCouncil Tax: Band DEPC: D (60)

Data freshness:Listing· freshPlanning· 3mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated today

£324,000

Estimated value

Range: £307k - £340k|Last sold: £320k (2022-08-19)

Estimate of £324k for this flat/maisonette. 101 sales in B15 in the last 12 months; median £242k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£324k

£307k - £340k - High confidence

Annualised (CAGR)

-4.18%

Over the full window

Peak estimate

£448k

Sep 2022

From peak

-27.68%

Drawdown from peak

AVM estimate (model)Repeat-sales index - B15 district (quarterly)index YoY -5.56%

Growth by window

+4.52%

-2.11%

12m

-11.48%

24m

-11.96%

60m

-26.03%

Rental Market

Monthly

Estimated rent (pcm)

£1,800

/ month

Gross yield

6.65%

Rent ÷ asking price

Net yield

4.60%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£242k

B15 sales, last 12 months

12m Price Growth

B15 median, Land Registry

Days on Market

81d

B15 average

Sales & Yield

3 metrics

Transactions / 12m

101

B15 sales

Area Gross Yield

4.82%

B15 medians

Last Sold

£320k

2022-08-19

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£325,000
SDLT standard£6,250
SDLT BTL surcharge (5%)£16,250
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£349,600

Funding

Deposit (25%)£81,250
Mortgage (75% LTV)£243,750
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£105,850

Monthly Returns

Monthly Rent (estimate)£1,800
Mortgage Payment (IO)-£1,066
Management (10%)-£180
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£454

Capital Returns

5yr Property Value£271,265
5yr Capital Gain (-3.55% pa, historical)-£53,735
5yr Cumulative Rent (net, before lease costs)+£95,163
Less mortgage interest-£63,960
5yr Total Return (before lease costs)-£22,531

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£313,462	£69,712	+£5,448	-£6,090	-5.8%
Year 2	£302,335	£58,585	+£11,280	-£11,385	-10.8%
Year 3	£291,602	£47,852	+£17,517	-£15,882	-15.0%
Year 4	£281,250	£37,500	+£24,155	-£19,595	-18.5%
Year 5	£271,265	£27,515	+£31,203	-£22,531	-21.3%

Modelled on the live asking price. Capital growth -3.55% a year is the B15 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£105,850).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,179

Population

Signal

0.6%

Households Deprived

Upside Opportunities

0 levers