2 Bed Flat, Single Let, Oldbury, B69 4QW £130,000

349 Titford Road, Oldbury, West Midlands, B69 4QW - 7 views - a year ago
Sold STC
Leasehold
BTL
ROI: 6%
50 m²
Property image

ValuationOvervalued











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

£515 - £1,350

Rent Estimate

£750

Running Costs/mo

£576

Cashflow/mo

£174

Cashflow/yr

£2,085

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £61K to £140K, average is £117.3K. £1K/m² to £2.8K/m², average is £2K/m².

Price
Date
Distance
Address
Beds
 
£133.5K12/220 mi395, Titford Road, Oldbury, West Midlands B69 4QW2
£122K08/220.01 mi387, Titford Road, Oldbury, West Midlands B69 4QW2
£129K05/240.02 mi35, Ashwood Close, Oldbury, West Midlands B69 4SD2
£117.5K05/230.02 mi36, Ashwood Close, Oldbury, West Midlands B69 4SD2
£129K05/240.04 mi35, Ashwood Close, Oldbury B69 4SD2
£129K05/240.04 mi35, Ashwood Close, Oldbury B69 4SD2
£122.5K09/220.04 mi14, Ashwood Close, Oldbury, West Midlands B69 4SD2
£127K01/250.05 mi19, Ashwood Close, Oldbury B69 4SD2
£127K01/250.05 mi19, Ashwood Close, Oldbury B69 4SD2
£127K01/250.05 mi19, Ashwood Close, Oldbury B69 4SD2
£80K06/220.15 mi55, Winchester Close, Rowley Regis, West Midlands B65 0PW2
£95K11/230.15 mi18, Winchester Close, Rowley Regis B65 0PW2
£92.5K12/220.15 mi18, Titford Lane, Rowley Regis, West Midlands B65 0PT2
£73K07/220.16 mi52, Winchester Close, Rowley Regis, West Midlands B65 0PW2
£76K04/250.17 mi19, Truro Close, Rowley Regis B65 0PN2
£76K04/250.17 mi19, Truro Close, Rowley Regis B65 0PN2
£136K02/230.17 mi101, Durham Road, Rowley Regis, West Midlands B65 0SH2
£92K11/220.18 mi77, Durham Road, Rowley Regis, West Midlands B65 0SH2
£70K07/220.18 mi21, Durham Road, Rowley Regis, West Midlands B65 0SH2
£125.1K01/250.19 mi43, Durham Road, Rowley Regis B65 0SH2
£125.1K01/250.19 mi43, Durham Road, Rowley Regis B65 0SH2
£61K03/250.19 mi68, Winchester Close, Rowley Regis B65 0PW2
£61K03/250.19 mi68, Winchester Close, Rowley Regis B65 0PW2
£85K06/240.21 mi434, Birchfield Lane, Oldbury B69 1AF2
£85K06/240.21 mi434, Birchfield Lane, Oldbury B69 1AF2
£70K12/240.21 mi442, Birchfield Lane, Oldbury B69 1AF2
£70K12/240.21 mi442, Birchfield Lane, Oldbury B69 1AF2
£85K11/210.32 miFlat 7, Penncricket Court, Penncricket Lane, Oldbury, West Midlands B68 8LX2
£105K07/240.38 miRichards House, Flat 3, Kempsey Close, Oldbury B69 1BN2
£105K07/240.38 miFlat 3, Richards House, Kempsey Close, Oldbury B69 1BN2
£137.5K09/220.39 miFlat 1, Brandhall Court, Wolverhampton Road, Oldbury, West Midlands B68 8DE2
£140K04/240.51 mi71, Old College Avenue, Oldbury B68 8BF2
£140K04/240.51 mi71, Old College Avenue, Oldbury B68 8BF2
£137.5K12/230.51 mi63, Old College Avenue, Oldbury B68 8BF2
£140K04/240.53 mi71, Old College Avenue, Oldbury, West Midlands B68 8BF2
£85K11/220.72 mi20, Martley Road, Oldbury, West Midlands B69 1DZ2
£130K09/230.86 miAqua Court, 38, Cardale Street, Rowley Regis B65 0LW2
£115K03/230.86 mi21, The Pineways, Oldbury, West Midlands B69 1JL2
£121K06/240.87 miAqua Court, 16, Cardale Street, Rowley Regis B65 0LW2
£121K06/240.87 mi16, Aqua Court, Cardale Street, Rowley Regis B65 0LW2
£120K01/250.87 mi9, The Pineways, Oldbury B69 1JL2
£120K01/250.87 mi9, The Pineways, Oldbury B69 1JL2
£115K12/240.87 mi17, Warwick Close, Oldbury B68 8NH2
£115K12/240.87 mi17, Warwick Close, Oldbury B68 8NH2
£73K11/210.88 mi51, Warwick Close, Oldbury, West Midlands B68 8NH2
£105K06/220.88 mi34, Warwick Close, Oldbury, West Midlands B68 8NH2
£110K08/230.88 mi181, Hanover Road, Rowley Regis B65 9EQ2
£131K10/220.89 miFlat 24, Brandhall Court, Wolverhampton Road, Oldbury, West Midlands B68 8DE2
£117K04/220.89 miFlat 18, Brandhall Court, Wolverhampton Road, Oldbury, West Midlands B68 8DE2
£126K02/250.89 miFlat 3, Brandhall Court, Wolverhampton Road, Oldbury B68 8DE2

Local Rents

50 rents from £515/mo to £1.4K/mo, average is £895/mo.

Rent
Date
Distance
Address
Beds
 
£82511/250 miTitford Road, Oldbury, B692
£57507/250.02 miTitford Road, Oldbury, West Midlands2
£82512/240.02 miTitford Road, Oldbury, Birmingham2
£77508/250.04 miAshwood Close, Oldbury2
£55007/250.04 miAshwood Close, Oldbury, West Midlands2
£55009/250.11 miEly Close,Rowley Regis,B65 0PU2
£65007/250.13 miTitford Road, Oldbury, West Midlands2
£62508/250.13 miCanterbury Close, ROWLEY REGIS2
£79511/250.16 miWinchester Close, ROWLEY REGIS2
£51508/250.17 miDurham Road, Rowley Regis2
£65012/240.18 miDurham Road, Rowley Regis2
£75009/250.18 miDurham Road, Rowley Regis2
£70006/250.18 mi-2
£80001/240.19 mi-2
£92506/250.2 mi-2
£99507/250.21 miMallard Drive, Oldbury, West Midlands, B692
£92508/250.22 miPool Lane, Oldbury2
£59508/250.24 miFarley Court, Rowely Regis, B652
£85004/240.24 miOldbury Road, Rowley Regis, West Midlands, B652
£1,05011/250.29 miPumphouse Way, Oldbury, B69 4TJ2
£1,20012/240.32 miPenncricket Lane, Oldbury2
£77512/240.32 miPenncricket Lane, Oldbury, West Midlands, B682
£89512/240.33 miWitley Crescent, Oldbury2
£99511/250.35 miCauseway Green Road, Sandwell2
£1,10009/250.35 miCakemore Road, Rowley Regis, B65 0RB2
£1,00010/250.35 miCakemore Road, Rowley Regis, B65 0RB2
£65008/250.38 miClay Lane2
£72508/250.4 miCauseway Green Road, Oldbury, B682
£75008/250.4 miSt James Gardens, Causeway Green Road, B682
£90010/250.41 miHighbury Close, Rowley Regis2
£90011/250.41 miHighbury Close, Rowley Regis2
£90012/240.44 miCauseway Green Road, Oldbury, West Midlands, B682
£95011/250.45 mi-2
£1,10011/250.48 mi-2
£1,10011/250.48 mi-2
£1,10011/250.48 miSummer Rd, Birmingham, B652
£1,35010/250.48 mi-2
£1,35010/250.48 mi-2
£70008/250.49 miCauseway Green Road, Oldbury, B682
£75008/250.49 miCauseway Green Road, Oldbury, B682
£99507/250.49 mi-2
£99506/250.49 mi-2
£95006/250.49 miTitford Road, Oldbury, B692
£95009/250.51 miOld College Avenue, Oldbury, B682
£92512/240.51 miArden Grove, Oldbury, B69 4SX2
£89509/250.53 miArden Grove, Oldbury, West Midlands, B692
£77512/240.53 miLangley High Street, Oldbury, West Midlands, B692
£85011/250.54 miLangley High Street, Oldbury2
£90008/250.55 miLangley High Street, Oldbury2
£89508/250.55 mi-2

Property History

Listed for £130,000

August 29, 2024

Sold for £120,000

2021

Sold for £117,500

2005

Floor Plans

Property image

Description

  • ALLOCATED PARKING +
  • TWO BEDROOMS +
  • WELL PRESENTED THROUGHOUT +
  • SHOWER ROOM +
  • GOOD LOCATION PRIME FOR ANY FTB OR INVESTOR ALIKE +
  • MUST BE VIEWED TO APPRECIATE THE ACCOMMODATION ON OFFER +

SUMMARY
PRIME REAL ESTATE FOR ANY FIRST TIME BUYER OR INVESTOR LOOKING TO CREATE OR EXPAND A PORTFOLIO

DESCRIPTION
PRIME REAL ESTATE FOR ANY FIRST TIME BUYER OR INVESTOR LOOKING TO CREATE OR EXPAND A PORTFOLIO Potential rental income of £750-£800pcm.

Internally the property comprises of: lounge, kitchen, two bedrooms and shower room.
Externally the vendor has advised there is an allocated parking space with this property.

This residence must be viewed to appreciate all accommodation on offer. Call the sales TEAM on 0121-554-2671.

Entrance Hall  
Having door to front, storage heater and doors leading to:

Lounge  20' 1" plus recess x 11' 10" ( 6.12m plus recess x 3.61m )
Having two double glazed front windows.

Kitchen  7' 10" x 7' 3" ( 2.39m x 2.21m )
Having wall and base units, electric oven, electric hob and cooker hood over. Sink/drainer integrated into work surface.

Bedroom One  13' 7" max x 8' 10" plus wardrobe ( 4.14m max x 2.69m plus wardrobe )
Having front double glazed window, panel heater and fitted wardrobes.

Bedroom Two  13' 7" max x 7' 10" max ( 4.14m max x 2.39m max )
Having double glazed window and panel heater.

Shower Room  
Having shower cubicle with shower, wash hand basin and low level WC.

Outside  
Vendor has advised the property benefits from allocated parking.

Agents Notes  
The vendor has advised:

Ground Rent £130 per annum
Service Charge £1454 approx per annum
Lease term: 150 years from 1 January 2005

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

Connells, Oldbury

0121 387 6308

Next Steps?

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