2 Bed Flat, Single Let, Tipton, DY4 7RD, £130,000

73 Great Bridge, TIPTON DY4 7HF - 3 views - a year ago

Leasehold
BTL
ROI: 6%
46 m²
+10 photos

ValuationOvervalued

Sold Prices£43K - £145.5K
Sold Prices/m²£644/m² - £4.2K/m²

 

 

Square Metres

46 m²
Price/m²£2.8K/m²

Value Estimate

£71,091

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£700 - £1,080

Rent Estimate

£766

Running Costs/mo

£579

Cashflow/mo

£187

Cashflow/yr

£2,239

ROI

6%

Gross Yield

7%

Local Sold Prices

40 sold prices from £43K to £145.5K, average is £91K. £644/m² to £4.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£90K02/210 mi47, Anchor Drive, Tipton, West Midlands DY4 7RD2
£87.5K11/200 mi55, Anchor Drive, Tipton, West Midlands DY4 7RD2
£102K05/230 mi63, Anchor Drive, Tipton, West Midlands DY4 7RD2
£92K10/210 mi125, Anchor Drive, Tipton, West Midlands DY4 7RD2
£92.5K03/210 mi103, Anchor Drive, Tipton, West Midlands DY4 7RD2
£87.5K11/200 mi75, Anchor Drive, Tipton, West Midlands DY4 7RD2
£86K06/210 mi101, Anchor Drive, Tipton, West Midlands DY4 7RD2
£100K05/230 mi65, Anchor Drive, Tipton, West Midlands DY4 7RD2
£90K11/230.23 mi28, Lissimore Drive, Tipton, West Midlands DY4 7SX2
£111K08/230.24 mi34, Tudor Street, Tipton, West Midlands DY4 8UT2
£78K09/230.27 mi61, Tudor Court, Tipton, West Midlands DY4 8UX2
£43K06/230.39 mi18, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£55K11/200.39 mi7, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£53K10/200.39 mi9, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£75K01/210.39 mi13, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£65K03/230.39 mi7, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£77K08/220.4 mi19, Oakthorpe Gardens, Tividale, Oldbury, West Midlands B69 2LE2
£50K02/210.4 mi72, Carnegie Avenue, Dudley Port, Tipton, West Midlands DY4 8SX2
£105K08/220.41 mi55, Oakthorpe Gardens, Tividale, Oldbury, West Midlands B69 2LF2
£87K03/210.7 mi35, Bedford Street, Tipton, West Midlands DY4 7NX2
£145.5K10/220.73 mi41, Park Moor Gardens, Dudley, West Midlands DY1 4AH2
£119.5K05/210.74 mi25, Park Moor Gardens, Dudley, West Midlands DY1 4AH2
£90K02/210.74 mi29, Darbys Way, Tipton, West Midlands DY4 7NY2
£105K12/220.74 mi55, Darbys Way, Tipton, West Midlands DY4 7NY2
£96K03/210.74 mi23, Page's Croft, Dudley, West Midlands DY1 4AE2
£112.5K10/220.75 mi49, Darbys Way, Tipton, West Midlands DY4 7NY2
£122.8K11/220.78 mi47, Sannders Crescent, Tipton, West Midlands DY4 7NT2
£118.5K10/220.81 mi93, Regent Road, Tividale, Oldbury, West Midlands B69 1TS2
£53.8K12/220.81 mi38, Vernon Avenue, Tipton, West Midlands DY4 8EJ2
£120K05/230.84 mi39, New Cross Street, Tipton, West Midlands DY4 8PZ2
£90K08/210.9 mi53, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£90K09/210.9 mi67, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£95K07/210.9 mi69, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£72K06/210.9 mi78, Peel Way, Tividale, Oldbury, West Midlands B69 3JY2
£105K11/220.95 mi2, Doughty Close, Tipton, West Midlands DY4 7AJ2
£118K08/230.96 mi88, Scott Street, Tipton, West Midlands DY4 7AG2
£125K03/230.96 mi22, Scott Street, Tipton, West Midlands DY4 7AG2
£103K01/210.97 mi5, Scott Street, Tipton, West Midlands DY4 7AF2
£113.5K11/220.97 mi31, Scott Street, Tipton, West Midlands DY4 7AF2
£87.5K11/210.99 mi38, Rugeley Close, Tipton, West Midlands DY4 9TG2

Local Rents

24 rents from £700/mo to £1.1K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£77505/240 miAnchor Drive, TIPTON2
£90004/240.04 miHawkins Croft, Tividale Quays, Tipton2
£85003/240.18 miTividale Street, Tipton DY42
£92503/240.18 miTividale Street, TIPTON2
£85003/240.18 miTividale Street, Tipton, West Midlands, DY42
£80003/250.22 mi-2
£79503/240.22 miBrindlefields Way, Tipton2
£89503/240.25 miBrindlefields Way, Tipton2
£1,05012/240.29 mi-2
£90012/240.3 mi-2
£99512/240.34 mi-2
£97502/250.38 mi-2
£1,00004/240.38 mi-2
£93003/250.38 mi-2
£1,00011/230.42 mi-2
£75012/240.44 miPrinces Road, Oldbury, B692
£95001/250.44 mi-2
£90002/250.44 mi-2
£90002/250.45 mi-2
£70003/240.47 miAnderson Gardens, Tipton2
£1,08004/240.62 mi-2
£1,08004/240.62 mi-2
£1,08001/250.62 mi-2
£99502/250.62 mi-2

Local Area Statistics

Population in DY4

43,161

Town centre distance

0.95 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £130,000

October 30, 2023

Sold for £122,500

2009

Sold for £114,950

2005

Description

  • MODERN COACH HOUSE +

  • IDEAL STARTER HOME + GREAT LOCATION +

  • DOUBLE GLAZING + GAS CENTRAL HEATING +

  • LOUNGE + FITTED KITCHEN +

  • 2 BEDROOMS + FAMILY BATHROOM +

  • GARAGE +

  • VIEWING RECOMMENDED +

SUMMARY
Modern Coach House making an Ideal Starter Home, whilst offering the benefit of Gas Central Heating, Double Glazing and Great Location.

DESCRIPTION
Do you need help selling your property?
Do you need help finding the right mortgage?
Do you have a property to let?

Here at Paul Dubberley and Co Great Bridge we offer free advice on the house buying, selling and letting process. Contact us on or

Reception Hall 

On The First Floor 

Landing 

Lounge 16' 5" x 11' 5" ( 5.00m x 3.48m )

Fitted Kitchen 7' 7" x 7' 3" ( 2.31m x 2.21m )

Bedroom One 13' 1" max x 10' 5" max ( 3.99m max x 3.17m max )

Bedroom Two 13' 1" max into recess x 7' 2" max ( 3.99m max into recess x 2.18m max )

Family Bathroom 

Outside 

Garage 16' 5" x 8' 2" ( 5.00m x 2.49m )

Current Leasehold Charges 
Service Charge :- £630.52 pa
Ground Rent :- tba

Council Tax Band - A 

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Paul Dubberley & Co, Great Bridge

0121 387 6373

Next Steps?

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