2 Bed Flat, Single Let, Tipton, DY4 7NX, £115,000

7 Bedford Street, Tipton, West Midlands, DY4 7NX - 5 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 6%
73 m²
+8 photos

ValuationFair Value

Sold Prices£43K - £125K
Sold Prices/m²£644/m² - £4.2K/m²

 

 

Square Metres

73 m²
Price/m²£1.6K/m²

Value Estimate

£117,321

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£695 - £1,100

Rent Estimate

£698

Running Costs/mo

£519

Cashflow/mo

£179

Cashflow/yr

£2,148

ROI

6%

Gross Yield

7%

Local Sold Prices

39 sold prices from £43K to £125K, average is £90K. £644/m² to £4.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£87K03/210.01 mi35, Bedford Street, Tipton, West Midlands DY4 7NX2
£90K02/210.07 mi29, Darbys Way, Tipton, West Midlands DY4 7NY2
£105K12/220.07 mi55, Darbys Way, Tipton, West Midlands DY4 7NY2
£112.5K10/220.07 mi49, Darbys Way, Tipton, West Midlands DY4 7NY2
£122.8K11/220.08 mi47, Sannders Crescent, Tipton, West Midlands DY4 7NT2
£90K08/210.23 mi53, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£90K09/210.23 mi67, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£95K07/210.23 mi69, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£118K08/230.3 mi88, Scott Street, Tipton, West Midlands DY4 7AG2
£125K03/230.3 mi22, Scott Street, Tipton, West Midlands DY4 7AG2
£50K02/210.31 mi72, Carnegie Avenue, Dudley Port, Tipton, West Midlands DY4 8SX2
£105K11/220.32 mi2, Doughty Close, Tipton, West Midlands DY4 7AJ2
£103K01/210.35 mi5, Scott Street, Tipton, West Midlands DY4 7AF2
£113.5K11/220.35 mi31, Scott Street, Tipton, West Midlands DY4 7AF2
£80K10/220.4 mi44, Gough Drive, Tipton, West Midlands DY4 7AL2
£112K01/230.4 mi22, Gough Drive, Tipton, West Midlands DY4 7AL2
£111K08/230.47 mi34, Tudor Street, Tipton, West Midlands DY4 8UT2
£78K09/230.47 mi61, Tudor Court, Tipton, West Midlands DY4 8UX2
£104K12/220.52 mi4, Hamilton Road, Tipton, West Midlands DY4 0JB2
£69.5K10/210.61 mi105, Fisher Street, Great Bridge, Tipton, West Midlands DY4 7ES2
£49K05/230.69 mi48, Brickhouse Lane South, Tipton, West Midlands DY4 7HJ2
£90K02/210.71 mi47, Anchor Drive, Tipton, West Midlands DY4 7RD2
£87.5K11/200.71 mi55, Anchor Drive, Tipton, West Midlands DY4 7RD2
£102K05/230.71 mi63, Anchor Drive, Tipton, West Midlands DY4 7RD2
£92K10/210.71 mi125, Anchor Drive, Tipton, West Midlands DY4 7RD2
£92.5K03/210.71 mi103, Anchor Drive, Tipton, West Midlands DY4 7RD2
£87.5K11/200.71 mi75, Anchor Drive, Tipton, West Midlands DY4 7RD2
£86K06/210.71 mi101, Anchor Drive, Tipton, West Midlands DY4 7RD2
£100K05/230.71 mi65, Anchor Drive, Tipton, West Midlands DY4 7RD2
£105K01/230.71 mi16, Warren Close, Tipton, West Midlands DY4 9PG2
£43K06/230.72 mi18, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£55K11/200.72 mi7, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£53K10/200.72 mi9, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£75K01/210.72 mi13, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£65K03/230.72 mi7, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£90K11/230.83 mi28, Lissimore Drive, Tipton, West Midlands DY4 7SX2
£120K05/230.87 mi39, New Cross Street, Tipton, West Midlands DY4 8PZ2
£84K09/210.97 mi20, St Marks Road, Tipton, West Midlands DY4 0XB2
£87.5K11/210.99 mi38, Rugeley Close, Tipton, West Midlands DY4 9TG2

Local Rents

34 rents from £695/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£69505/240 miBedford Street, Tipton, DY42
£96503/250.01 mi-2
£85003/240.04 miPotters Brook, Tipton, West Midlands, DY42
£82504/240.06 miJevons Drive, Tipton, West Midlands, DY42
£85005/240.07 miSannders Crescent, Tipton, West Midlands, DY4 7NS2
£87505/240.07 miDarbys Way, Tipton2
£82502/250.07 mi-2
£72503/240.08 miMiddle Meadow, Tipton, DY42
£1,08004/240.09 mi-2
£1,08004/240.09 mi-2
£1,08001/250.09 mi-2
£99502/250.09 mi-2
£87504/240.11 miGreat Meadow, Tipton, West Midlands, DY42
£90002/250.12 mi-2
£95012/240.13 miChurchyard Road, TIPTON2
£85003/240.26 mi-2
£82504/240.26 miFerguson Drive, Tipton2
£1,00003/240.28 miChampion Avenue, Tipton2
£90002/250.28 mi-2
£77503/240.29 miSt Helens Avenue, TIPTON, DY4 7LR2
£1,10003/240.29 mi-2
£95001/250.3 mi-2
£90002/250.3 mi-2
£90003/240.3 miStandbridge Way, Tipton, West Midlands, DY42
£85005/240.35 miScott Street, TIPTON2
£72504/240.36 miHorseley Road, Tipton2
£82504/240.36 miHorseley Road, Tipton2
£95001/250.37 mi-2
£97502/250.39 mi-2
£93003/250.39 mi-2
£70003/240.41 miAnderson Gardens, Tipton2
£1,10005/240.53 miThomas Cox Wharf, Tipton, West Midlands, DY42
£90004/240.56 miJean Drive, Tipton2
£80004/240.57 miMarket Place, Great Bridge, TIPTON2

Local Area Statistics

Population in DY4

43,161

Town centre distance

0.48 miles away

Nearest school

0.10 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £115,000

August 27, 2024

Sold for £89,000

2019

Sold for £77,000

2010

Sold for £97,995

2006

Sold for £79,995

2003

Floor Plans

Description

  • PURPOSE BUILT SECOND FLOOR APARTMENT +

  • DOUBLE GLAZING + ELECTRIC HEATING +

  • SECURITY ENTRANCE DOORS + WELL PRESENTED ACCOMMODATION +

  • RECEPTION HALL (WITH ADDITIONAL LOFT ACCESS) +

  • LOUNGE + FITTED KITCHEN +

  • 2 BEDROOMS + FAMILY BATHROOM +

  • ALLOCATED PARKING +

  • GREAT LOCATION + IDEAL FIRST TIME PURCHASE +

SUMMARY
Purpose Built Luxury Second Floor Apartment making an Ideal First Time Purchase. Well Presented Accommodation, Great Location and offering the benefit of Double Glazing, Electric Heating, Security Entrance doors.

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 

Lounge 14' 2" x 13' ( 4.32m x 3.96m )

Fitted Kitchen 17' 4" max x 8' 6" max ( 5.28m max x 2.59m max )

Bedroom One 12' 5" x 9' 1" ( 3.78m x 2.77m )

Bedroom Two 12' 5" max x 7' 6" max ( 3.78m max x 2.29m max )

Family Bathroom 

Outside 

Allocated Parking 

Current Leasehold Charges 
Ground rent :- £117.68
Service Charge:- £1423.28 pa

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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