5 Sherborne Grove, Birmingham
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5 Sherborne Grove, Birmingham

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We have confidence in this estimated current valuation Updated recently
£110,500
Or £718 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jun 9, 2023
£250,000
For Sale
Jun 10, 2023
£250,000
For Sale
Jun 10, 2023
£250,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 5 Sherborne Grove, Birmingham, a cozy and compact terraced type home with 5 bed in the B1 2PU area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built 1967-1975 and has a reported internal area of 117 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £110,500 and a rental potential of £718 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jun 9, 2023. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).

Bidding opens on 24th June at 12:00 and closes on 30th June at 12:00 with a GUIDE PRICE of ร‚£250,000.

Welcome to this lucrative investment opportunity. A 5-bedroom, 3-story House in Multiple Occupation (HMO) property designed to maximize income potential. As you step into the entrance hall, you are greeted by a spacious and well-lit area that sets the tone for the rest of the property.

On the ground floor, towards the front of the property, you‘ll find a comfortable double bedroom complete with a modern en-suite shower room. This tastefully designed space offers privacy and convenience for tenants. Moving towards the rear of the ground floor, a generously sized communal breakfast kitchen awaits. Featuring sleek and modern fitted units, integrated appliances, and a convenient breakfast bar, this area is perfect for residents to prepare and enjoy their meals together. Additionally, a door leads from the kitchen to the ample-sized rear garden, providing a pleasant outdoor space for relaxation and socializing.

Ascending to the first floor, you‘ll discover two more double bedrooms, each accompanied by its own modern en-suite shower room. These well-appointed rooms offer a comfortable living experience for tenants, ensuring they have their own private spaces. The second floor continues the trend with an additional two double bedrooms, each boasting its own modern en-suite shower room. These top-floor bedrooms provide a sense of exclusivity and tranquility for tenants.

To complement the property, low maintenance garden awaits at the rear, offering tenants a pleasant outdoor retreat. Moreover, the property provides off-street parking to the front, ensuring convenience and ease of access for tenants with vehicles.

This 5-bed, 3-story HMO property presents an exceptional opportunity for investors seeking a lucrative income. Its well-designed layout, en-suite facilities, modern finishes, communal spaces, and outdoor areas cater to the needs and desires of tenants. With a focus on maximizing rental potential, this property promises a strong return on investment. Don‘t miss out on this outstanding opportunity to capitalize on the thriving rental market.

More Information

Our enquiry line is open 247 and we‘re happy to answer any questions.

Auction terms + conditions, AML requirements and fees are available on our website (Google "e;Property Solvers Auctions"e; and select "e;Auction Property for Sale"e; in the navigation).

Property Solvers Online Auctions will be running open morningsafternoons and independent viewings (where required).

The legal pack will be uploaded in good time prior to the auction bidding process. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.

Notice to Bidders

Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the auction. A 10% deposit will be required.

As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license).ร‚ For a full list of requirements please see the legal pack documents alongside our terms + conditions of sale.

Buyer Reservation Fee

A 2% + VAT (non-refundable) fee plus ร‚£125 + VAT processing fee will be due from the winning bidder."

Property Data

Data point Compared to road
Tax band A
103 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £503 Try Mortgage Tracker
Energy £951 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
City United Academy (CUA)
0.3mi
Nelson Junior and Infant School
0.4mi
Jewellery Quarter Academy
0.5mi
Nearby Stations
Birmingham New Street Station
0.4mi
Birmingham Snow Hill Station
0.5mi
Five Ways Station
0.6mi
Birmingham Moor Street Station
0.6mi
Jewellery Quarter Station
0.8mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Family-friendly
Enough beds for the whole family
๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 5 Sherborne Grove, Birmingham worth?

    5 Sherborne Grove, Birmingham is now worth £110,500 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 5 Sherborne Grove, Birmingham - click click here to get a valuation with no strings attached.

  2. What is the rental value of 5 Sherborne Grove, Birmingham?

    The current rental valuation for this property is £718 per month, within a price range of £646 and £790.

  3. How many bedrooms does 5 Sherborne Grove, Birmingham have?

    This property has 5 bedrooms. Search for nearby properties with 5 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 5 Sherborne Grove, Birmingham?

    Nearby schools in include City United Academy (CUA), Nelson Junior and Infant School, Jewellery Quarter Academy,

    Nearby stations in include Birmingham New Street Station, Birmingham Snow Hill Station, Five Ways Station, Birmingham Moor Street Station, Jewellery Quarter Station.

  5. What type of property is 5 Sherborne Grove, Birmingham

    This is a Terraced property. There are 11 other Terraced properties on SHERBORNE GROVE, and 26 in total.

  6. When was 5 Sherborne Grove, Birmingham built? How old is 5 Sherborne Grove, Birmingham?

    5 Sherborne Grove, Birmingham was was built between 1967-1975.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

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