4 Bed Detached House, Planning Permission, Bilston, WV14 0TR, £400,000

Loxdale Sidings, Bilston, WV14 0TR - 1 views - 10 months ago

Planning
ROI: 2%
~129 m²
+9 photos

ValuationOvervalued

Sold Prices£100K - £330K
Sold Prices/m²£806/m² - £3.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£302,554

 

 

End Value (After Refurb)

£235,248

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£51,147

Bridging Loan Interest

£10,500

Total Cash In

£184,097

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,248

Mortgage (After Refinance)

£176,436

Mortgage LTV

75%

Cash Left In

£184,097

Equity

£58,812

Rent Range

£975 - £3,000

Rent Estimate

£1,344

Running Costs/mo

£1,024

Cashflow/mo

£320

Cashflow/yr

£3,841

ROI

2%

Gross Yield

4%

Local Sold Prices

28 sold prices from £100K to £330K, average is £257.5K. £806/m² to £3.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£184.9K05/210.1 mi28, Larch Gardens, Bilston, West Midlands WV14 0TU4
£180K06/210.12 mi116, Bay Avenue, Bilston, West Midlands WV14 0TT4
£100K11/200.33 mi40, King Street, Bradley, Bilston, West Midlands WV14 8PQ4
£217.5K05/210.33 mi28, Northwick Terrace, Bilston, West Midlands WV14 0AF4
£245K10/230.39 mi24, Arden Place, Bilston, West Midlands WV14 8LS4
£260K01/240.45 mi42, Burns Road, Wednesbury, West Midlands WS10 8SR4
£117.5K02/210.48 mi17, Wallace Road, Bilston, West Midlands WV14 8BU4
£280K09/220.53 mi33, Queen Street, Bilston, West Midlands WV14 7ER4
£280K08/220.58 mi112, Constantine Way, Bilston, West Midlands WV14 8GU4
£230K12/200.58 mi65, Rose Street, Bilston, West Midlands WV14 8TS4
£280K02/210.58 mi1, Harlyn Close, Bilston, West Midlands WV14 8GZ4
£315K11/220.64 mi52, Hall Green Street, Bilston, West Midlands WV14 8TH4
£248K08/230.65 mi43, Beckett Street, Bilston, West Midlands WV14 7NS4
£210K09/210.7 mi285, Great Bridge Road, Bilston, West Midlands WV14 8PY4
£185K04/210.7 mi41, Stanbury Avenue, Wednesbury, West Midlands WS10 8QG4
£300K10/210.71 mi75, Constantine Way, Bilston, West Midlands WV14 8GX4
£300K05/210.71 mi27, Constantine Way, Bilston, West Midlands WV14 8GX4
£330K01/230.71 mi22, Constantine Way, Bilston, West Midlands WV14 8GX4
£300K07/220.76 mi6, Grayling Close, Wednesbury, West Midlands WS10 8GE4
£150K05/210.76 mi99, Mount Pleasant, Bilston, West Midlands WV14 7NR4
£295K04/210.8 mi16, Myrtle Terrace, Tipton, West Midlands DY4 0BX4
£297K07/230.82 mi6, Diane Close, Tipton, West Midlands DY4 0BW4
£255K01/210.83 mi17, Fieldview Close, Coseley, Bilston, West Midlands WV14 8RH4
£265K05/230.89 mi38, Victory Avenue, Wednesbury, West Midlands WS10 7RR4
£285K09/210.9 mi2, Haden Road, Tipton, West Midlands DY4 0AU4
£250K01/210.9 mi2, Haden Road, Tipton, West Midlands DY4 0AU4
£305K04/230.95 mi14, Elizabeth Walk, Tipton, West Midlands DY4 0AZ4
£235K12/230.96 mi13, Castlecroft Road, Bilston, West Midlands WV14 6PQ4

Local Rents

13 rents from £975/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30011/240.12 miBay Avenue, Bilston4
£3,00004/250.24 mi-3
£1,20001/240.26 mi-3
£1,25011/240.33 miBradley Lane, Wolverhampton3
£1,25011/240.33 miBradley Lane, BILSTON3
£97511/240.34 miKendrick Road, Bilston3
£1,27504/250.36 mi-3
£1,35011/240.4 mi-3
£1,35011/240.4 miBradley Lane, Wolverhampton, WV143
£1,00004/250.48 mi-3
£1,05011/240.56 mi-3
£1,29503/250.57 mi-3
£1,05011/240.58 mi-3

Local Area Statistics

Population in WV14

46,931

Town centre distance

0.76 miles away

Nearest school

0.40 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Price changed to £400,000

October 3, 2024

Listed for £390,000

June 29, 2024

Floor Plans

Description

  • Detailed planning permission granted +
  • Fitted kitchen diner with solid Oak cupboards & integral appliances +
  • Three en-suites +
  • South facing large private rear garden +
  • Parking for multiple cars +
  • Large family home +
  • New central heating boiler with Google nest thermostat +
  • Larger than average sized corner plot measuring 0.11 acre +
  • Double garage with electrics +
  • Cul-de-cac location +

Charming Family Haven in a Serene Cul-de-Sac with Detailed planning permission granted for a large ground-floor extension

Nestled at the end of a peaceful cul-de-sac, this expansive double-fronted family home stands proudly on a generous corner plot, offering ample space and privacy.

Ground Floor: Enter into a welcoming entrance hall, complete with a handy cloak cupboard. The heart of the home is a light-filled living room, boasting French doors that open onto a lush rear garden, creating the perfect backdrop for relaxation and entertainment. The spacious kitchen diner serves as a culinary playground, equipped with solid Oak cupboards, an integral oven, and a hob, all complemented by a reliable central heating boiler. A convenient W.C. completes this level.

**First Floor: ** Ascend to a well-appointed landing, graced with a romantic Juliet balcony. Here, find two double bedrooms, each a sanctuary of comfort, featuring integral wardrobes and ‘Jack & Jill’ doors leading into a shared en-suite shower room, blending convenience with elegance.

**Second Floor: ** The upper landing mirrors the charm of the first, with its own Juliet balcony. The main double bedroom is a luxurious retreat, offering integral wardrobes and an en-suite bathroom for ultimate comfort. An additional double bedroom with integral wardrobes and an en-suite shower room ensures ample space and privacy for families or guests.

**Outside: ** A vast driveway accommodates multiple cars and leads to a double garage with electrics and apex storage. The expansive rear garden is a private oasis, mainly lawned with a patio area and gated access, inviting you to enjoy the outdoors in peace.

Location:  Just two miles from Bilston town center, this home is perfectly positioned for convenience, offering easy access to local amenities, schools, and transport links, including the A41 and M6 motorway. Birmingham airport is a mere 34-minute drive away, ensuring connectivity for those further afield.

Embrace the blend of comfort, and convenience in this delightful family home.
EPC band: C Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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