# 3 bedroom terraced house for sale (B35 7PX) ## Property Details | Key | Value | |-----|-------| | Address | 317 TANGMERE DRIVE, BIRMINGHAM, CASTLE VALE, WEST MIDLANDS B35 7PX | | Price | £170,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 1967-1975 | | Floor area | 84 m² | | Last sold | £95,000 Mar 2016 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Current heating cost:** £1,164/year - **Est. upgrade cost to C:** £7,450 ### Recommendations - B (£500 - £1,500) - B4 (£300 - £600) - W1 (£800 - £1,200) - N (£4,000 - £6,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0360-2416-4270-2607-1421) ## Description This Property is Being sold by Paul Carr Modern Auction. Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale. A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact Paul Carr Estate Agents to view these documents.When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,875 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Paul Carr Team. This is a superb mid terraced property that is ideally located for many amenities including shops, schools and public transport and road links. The interiors are excellent and include the following a welcoming entrance hall, large open plan lounge/dining room, fitted kitchen and lean to conservatory. To the first floor are three excellent bedrooms and a bathroom with white suiteOutside is a fore garden and parking space and to the rear is an easy maintenance garden, outhouse and rear garage. An early viewing is essential to appreciate, size and quality and location. ## Property Photos - ![Photo 15](/listings/photos/159691094/208076) - Photo 15 - ![Photo 14](/listings/photos/159691094/208077) - Photo 14 - ![Photo 2](/listings/photos/159691094/208079) - Photo 2 - ![Photo 4](/listings/photos/159691094/208080) - Photo 4 - ![Photo 5](/listings/photos/159691094/208081) - Photo 5 - ![Photo 1](/listings/photos/159691094/208082) - Photo 1 - ![Photo 12](/listings/photos/159691094/208083) - Photo 12 - ![Photo 3](/listings/photos/159691094/208084) - Photo 3 - ![Photo 9](/listings/photos/159691094/208085) - Photo 9 - ![Photo 11](/listings/photos/159691094/208086) - Photo 11 - ![Photo 6](/listings/photos/159691094/208087) - Photo 6 - ![Photo 16](/listings/photos/159691094/208088) - Photo 16 - ![Photo 7](/listings/photos/159691094/208089) - Photo 7 - ![Photo 8](/listings/photos/159691094/208091) - Photo 8 - ![Photo 10](/listings/photos/159691094/208092) - Photo 10 ## Floorplans - ![Floorplan One](/listings/photos/159691094/208093) - Floorplan One ## EPC Graphs - ![EPC Graph ](/listings/photos/159691094/208094) - EPC Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 317 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PX | £95,000 | 30/03/2016 | Terraced | | 317 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PX | £88,000 | 19/04/2013 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 261 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PY | £215,000 | 11/04/2023 | Terraced | | [Same street] 341 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PX | £155,754 | 24/03/2023 | Terraced | | 7 RYE GRASS WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LL | £165,000 | 24/10/2022 | Terraced | | 32 BROOK PIECE WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LJ | £160,000 | 31/08/2022 | Terraced | | 53 RYE GRASS WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LL | £135,000 | 22/06/2022 | Terraced | | 12 ROUND MOOR WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7HJ | £165,000 | 17/11/2021 | Terraced | | 30 BROOK PIECE WALK, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7LJ | £151,000 | 17/11/2021 | Terraced | | [Same street] 343 TANGMERE DRIVE, CASTLE VALE, BIRMINGHAM, WEST MIDLANDS, B35 7PX | £185,000 | 06/09/2021 | Terraced | | 24 SHERIDAN WALK, BIRMINGHAM, WEST MIDLANDS, B35 7HF | £155,250 | 31/08/2021 | Terraced | | 17 SHERIDAN WALK, BIRMINGHAM, WEST MIDLANDS, B35 7HE | £156,000 | 06/08/2021 | Terraced | **Street average:** £170,377 (2 sales) **Area average:** £162,781 (8 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £210,389 (9 Terraced, B35, 2024–2026) - **Deviation:** -19.2% ## Rental Range *ONS Price Index of Private Rents (Birmingham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £977/mo - **Realistic:** £1,086/mo - **Optimistic:** £1,195/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Birmingham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £823/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Detached House, Marshbrook Close, B24 | £1,395/mo | 3 | 0.9 miles | OpenRent | **Average rent: £1,395/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.82% (okay) - **Max investor price (0.8%):** £174,375 - **Target investor price (1%):** £139,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,395/mo).* - **Gross yield:** 9.8% - **Cost-to-rent:** 10.2× - **Monthly cashflow:** £561/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 13.7% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,024/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 36.3% - **10y growth:** 74.6% ## House Price Index (HM Land Registry) *Official index for Birmingham; Terraced series; as of March 2026.* - **1y growth (index):** 0.6% - **5y growth (index):** 17.5% - **10y growth (index):** 59.5% ## Flood risk - **Zone:** 2 - **Risk:** In flood risk area - **Source:** Environment Agency Flood Risk Areas (APSFR) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)