2 Bed Bungalow, Single Let, Wolverhampton, WV7 3PW, £350,000

4 Mayfair Close, Albrighton, Wolverhampton, WV7 3PW - 6 months ago

Sold STC
BTL
~77 m²
+5 photos

ValuationOvervalued

Sold Prices£128K - £370K
Sold Prices/m²£1.9K/m² - £5.6K/m²

 

 

Square Metres

~76.50 m²
Price/m²£4.6K/m²

Value Estimate

£266,710

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Rent Range

£650 - £1,600

Rent Estimate

£900

Running Costs/mo

£1,294

Cashflow/mo

£-394

Cashflow/yr

£-4,725

Gross Yield

3%

Local Sold Prices

33 sold prices from £128K to £370K, average is £240K. £1.9K/m² to £5.6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£259K04/220.01 mi4, Mayfair Close, Albrighton, Wolverhampton, Shropshire WV7 3PW2
£297.5K06/210.01 mi3, Mayfair Close, Albrighton, Wolverhampton, Shropshire WV7 3PW2
£352.5K10/230.01 mi8, Mayfair Close, Albrighton, Wolverhampton, Shropshire WV7 3PW2
£250K08/220.02 mi79, Windsor Road, Albrighton, Wolverhampton, Shropshire WV7 3PN2
£245K06/230.06 mi11, Brindley Close, Albrighton, Wolverhampton, Shropshire WV7 3PP2
£285K02/210.11 mi3, Barrington Close, Albrighton, Wolverhampton, Shropshire WV7 3PJ2
£240K10/200.12 mi1, Telford Avenue, Albrighton, Wolverhampton, Shropshire WV7 3PS2
£265K03/210.12 mi12, Telford Avenue, Albrighton, Wolverhampton, Shropshire WV7 3PS2
£230K07/210.12 mi5, Telford Avenue, Albrighton, Wolverhampton, Shropshire WV7 3PS2
£250K12/230.12 mi5, Cotswold Drive, Albrighton, Wolverhampton, Shropshire WV7 3DQ2
£160K10/200.12 mi50, Station Road, Albrighton, Wolverhampton, Shropshire WV7 3DL2
£226K12/220.14 mi50, Station Road, Albrighton, Wolverhampton, Shropshire WV7 3DL2
£235K06/210.14 mi1, Barclay Close, Albrighton, Wolverhampton, Shropshire WV7 3PX2
£360K02/240.14 mi1, Barclay Close, Albrighton, Wolverhampton, Shropshire WV7 3PX2
£205K07/210.15 mi27, Barclay Close, Albrighton, Wolverhampton, Shropshire WV7 3PX2
£247K12/220.17 mi28, Woodland Close, Albrighton, Wolverhampton, Shropshire WV7 3PR2
£210K04/230.18 mi42, Weston Road, Albrighton, Wolverhampton, Shropshire WV7 3DH2
£247K10/220.19 mi15, Weston Road, Albrighton, Wolverhampton, Shropshire WV7 3DH2
£187K11/200.25 mi8, Shaw Lane, Albrighton, Wolverhampton, Shropshire WV7 3DS2
£335K12/220.29 mi1, Mayfield Road, Albrighton, Wolverhampton, Shropshire WV7 3JY2
£175K05/220.34 mi49, Ash Grove, Albrighton, Wolverhampton, Shropshire WV7 3QU2
£128K02/210.34 mi49, Ash Grove, Albrighton, Wolverhampton, Shropshire WV7 3QU2
£182.5K07/220.36 mi48, Abney Avenue, Albrighton, Wolverhampton, Shropshire WV7 3JZ2
£180K07/210.38 mi21, Beechurst Gardens, Albrighton, Wolverhampton, Shropshire WV7 3LT2
£157.5K12/200.38 mi15, Beechurst Gardens, Albrighton, Wolverhampton, Shropshire WV7 3LT2
£152K05/230.38 mi11, Beechurst Gardens, Albrighton, Wolverhampton, Shropshire WV7 3LT2
£265K09/210.38 mi1, The Limes, Albrighton, Wolverhampton, Shropshire WV7 3RG2
£192.5K07/220.43 mi19a, Charles Avenue, Albrighton, Wolverhampton, Shropshire WV7 3LQ2
£169K01/210.44 mi19b, Charles Avenue, Albrighton, Wolverhampton, Shropshire WV7 3LQ2
£240K06/230.49 mi36, Grange Park, Albrighton, Wolverhampton, Shropshire WV7 3EN2
£247.5K01/220.49 mi37, Grange Park, Albrighton, Wolverhampton, Shropshire WV7 3EN2
£370K09/220.52 mi57, Church Road, Albrighton, Wolverhampton, Shropshire WV7 3LH2
£195K07/220.53 mi27, Bishton Road, Albrighton, Wolverhampton, Shropshire WV7 3LP2

Local Rents

9 rents from £650/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.15 mi-2
£1,10012/240.21 mi-2
£99512/240.21 mi-2
£1,10003/250.23 mi-2
£1,10012/240.25 miShaw Lane, WV72
£65012/240.26 mi-1
£90005/240.33 mi-3
£1,60012/240.59 miThe Granary, Elm Road, Albrighton3
£95010/241.52 mi-2

Local Area Statistics

Population in WV7

6,896

Population in Wolverhampton

260,353

Town centre distance

5.92 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £350,000

October 14, 2024

Floor Plans

Description

A recently refurbished, beautifully presented and well situated bungalow standing close to the heart of a sought-after and highly regarded Shropshire village

Location - 4 Mayfair Close stands in a delightful position in the centre of a highly regarded and much sought-after Shropshire village. Albrighton provides a full range of local facilities which are ideal for everyday requirements with a full complement of shops, local eateries and a much respected surgery.

Communications are excellent with Albrighton Train Station providing direct services to Shrewsbury and Birmingham and the M54 being nearby at Tong (J3) facilitating fast access to Telford, Shrewsbury and beyond.

Description - 4 Mayfair Close is a well proportioned link-detached bungalow with light, airy and spacious accommodation throughout. The property has recently been the subject of a substantial scheme of refurbishment and improvement and now offers accommodation of the highest calibre throughout. There are double glazed windows, kitchen and shower room suites of quality and double glazed windows. The property was re-wired and had a new gas central heating system installed in 2022.

Accommodation - A composite front door with double glazed panels to either side opens into the HALL with oak flooring, a skylight, integrated ceiling lighting, coved ceiling and a useful cloaks and storage cupboard. The LOUNGE has double glazed bifold doors and a window to the rear garden, a contemporary fireplace with electric fire, coved ceiling, oak flooring and a glazed door into the dining kitchen. The KITCHEN area has a full range of contemporary wall and base mounted cabinets with a range of high end Bosch appliances including an integrated fridge and freezer, a microwave, an electric oven, an integrated dishwasher and an electric hob with a filtration chimney above, an integrated Hotpoint washing machine, a stainless steel sink, a skylight, integrated ceiling lighting, coved ceiling, a double glazed window overlooking the rear garden and an open doorway through to the DINING AREA with a double glazed window overlooking the rear garden, coved ceiling and oak flooring.

BEDROOM ONE is a good double room in size with a double glazed window to the front and ceiling coving. BEDROOM TWO is also a good room in size with a double glazed window to the front and coved ceiling and the SHOWER ROOM has a well appointed contemporary suite with a fully tiled shower with waterfall head and separate hose, vanity unit with wash basin with cupboards beneath and mirror fronted cabinet above with touch sensor lighting to either side and an integrated shaver point, tiled floor and walls, a light tube, integrated ceiling lighting and a chrome towel rail radiator.

Outside - 4 Mayfair Close stands behind a pleasant frontage with a DRIVEWAY laid in brick paviours providing off street parking, a shaped front lawn, an outside light and power point and a side passage with double glazed doors to both the drive and the rear garden, a wall mounted baxi gas fired central heating boiler, electric light and power.

The REAR GARDEN has a paved terrace to the rear of the property, shaped lawn beyond with stocked beds and borders, a greenhouse and a timber garden shed.

We are informed by the Vendors that all mains services are connected.
COUNCIL TAX BAND C – Shropshire
POSSESSION Vacant possession will be given on completion.
VIEWING Please contact the Tettenhall Office.
The property is FREEHOLD.

Agent Details

Berriman Eaton, Tettenhall

01902 953419

Next Steps?

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