2 Bed Flat, Single Let, West Bromwich, B70 9AG, £135,000
Old Meeting Street, West Bromwich, B70 9AG - 7 views - 10 months ago
Leasehold
BTL
ROI: 6%
~58 m²





+11 photos
ValuationOvervalued
Sold Prices | £57K - £131K |
Sold Prices/m² | £1.1K/m² - £2.2K/m² |
| |
Square Metres | ~58.10 m² |
Price/m² | £2.3K/m² |
Value Estimate | £107,539 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £33,750 |
Stamp Duty & Legal Fees | £5,250 |
Total Cash In | £39,000 |
| |
Cash Out | |
Rent Range | £795 - £1,250 |
Rent Estimate | £795 |
Running Costs/mo | £601 |
Cashflow/mo | £194 |
Cashflow/yr | £2,330 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
22 sold prices from £57K to £131K, average is £98.4K. £1.1K/m² to £2.2K/m², average is £1.9K/m².
Local Rents
27 rents from £795/mo to £1.3K/mo, average is £1K/mo.
Local Area Statistics
Population in B70 | 27,772 |
Population in West Bromwich | 58,705 |
Town centre distance | 0.47 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.16 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +13% |
Sales demand | Balanced market |
Capital growth (5yrs) | +33% |
Property History
Listed for £135,000
June 20, 2024
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
Sold STC
2 Bed Flat, Single Let, West Bromwich, B70 9AG
£125,000
1 views • 4 months ago • 68 m²
Sold STC
3 Bed House, Single Let, West Bromwich, B71 1SD
£220,000
2 views • 2 months ago • 93 m²
Sold STC
3 Bed House, Single Let, West Bromwich, B70 9SW
£200,000
3 months ago • 93 m²
2 Bed House, Motivated Seller, West Bromwich, B70 0NS
£170,000
9 views • 3 months ago • 68 m²