3 Bed Terraced House, Single Let, Kidderminster, DY10 1SP, £150,000

Albert Road, Kidderminster, DY10 1SP - 6 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£110K - £389K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£175,344
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£850 - £1,650

Rent Estimate

£891

Running Costs/mo

£667

Cashflow/mo

£224

Cashflow/yr

£2,689

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £389K, average is £170K. £1.3K/m² to £2.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£181K08/230 mi54, Albert Road, Kidderminster, Worcestershire DY10 1SP3
£162K05/230.05 mi110, Offmore Road, Kidderminster, Worcestershire DY10 1SL3
£164K09/210.07 mi12, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£215K12/200.07 mi27, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£152K12/200.07 mi16, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£175K06/210.1 mi102, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£110K03/210.1 mi105, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£140K08/230.1 mi64, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£182.5K01/210.14 mi24a, Leswell Street, Kidderminster, Worcestershire DY10 1RP3
£187.5K12/200.17 mi194, Chester Road North, Kidderminster, Worcestershire DY10 1TN3
£170K12/220.19 mi55, East Street, Kidderminster, Worcestershire DY10 1SE3
£144K04/210.19 mi187, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£152K02/210.19 mi171, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£144K04/210.19 mi187, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£170K08/230.19 mi181, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£160K12/200.2 mi10, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£145K05/230.2 mi13, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£128.1K10/210.2 mi1, Lea Street, Kidderminster, Worcestershire DY10 1SW3
£255K12/220.22 mi25, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£156K01/210.22 mi25, Lorne Street, Kidderminster, Worcestershire DY10 1SY3
£145K04/230.24 mi17, Findon Street, Kidderminster, Worcestershire DY10 1PU3
£218K06/230.25 mi177, Chester Road North, Kidderminster, Worcestershire DY10 1TP3
£205K12/200.26 mi464, Chester Road North, Kidderminster, Worcestershire DY10 1TP3
£178K01/230.26 mi73, George Street, Kidderminster, Worcestershire DY10 1PY3
£165K01/230.27 mi42, George Street, Kidderminster, Worcestershire DY10 1PY3
£310K10/230.28 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£290K03/210.28 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£135K07/230.29 mi20, Anchorfields, Kidderminster, Worcestershire DY10 1PZ3
£389K12/200.3 miWhite Gates, 4, Linden Avenue, Kidderminster, Worcestershire DY10 3AA3
£200K12/220.31 mi21, Gilbert Scott Way, Kidderminster, Worcestershire DY10 2EZ3
£215K05/230.33 mi88, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB3
£235K06/210.33 mi92, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB3
£172.5K07/230.33 mi109, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB3
£113K01/210.34 mi41, Broom Crescent, Kidderminster, Worcestershire DY10 3BN3
£123K11/200.34 mi73, Broom Crescent, Kidderminster, Worcestershire DY10 3BN3
£175K09/230.35 mi5, Sycamore Close, Kidderminster, Worcestershire DY10 2EY3
£300K08/230.35 mi106, Holmcroft Road, Kidderminster, Worcestershire DY10 3AG3
£168K09/210.35 mi79, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY3
£164.5K02/210.35 mi73, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY3
£210K02/210.35 mi56, Shrubbery Street, Kidderminster, Worcestershire DY10 2QY3
£340K07/210.35 mi286, Chester Road North, Kidderminster, Worcestershire DY10 2RR3
£275K06/230.36 mi134, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QX3
£210K02/210.36 mi142, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QX3
£219.1K01/230.36 mi148, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QX3
£119K10/200.37 mi151, Baxter Avenue, Kidderminster, Worcestershire DY10 2EX3
£155K05/210.37 mi127, Baxter Avenue, Kidderminster, Worcestershire DY10 2EX3
£285K12/220.37 mi380, Chester Road North, Kidderminster, Worcestershire DY10 2RS3
£154.9K04/210.37 mi18, Hawford Avenue, Kidderminster, Worcestershire DY10 3BH3
£147.5K07/210.38 mi43, The Oaklands, Kidderminster, Worcestershire DY10 2SB3
£170K07/210.38 mi13, The Oaklands, Kidderminster, Worcestershire DY10 2SB3

Local Rents

14 rents from £850/mo to £1.6K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£85012/240 miAlbert Road, Kidderminster, DY103
£95003/240.13 miLeswell Street, Kidderminster3
£95012/240.14 miLeswell Street, KIDDERMINSTER3
£87512/240.16 miLorne Street, Kidderminster3
£90004/240.19 miEast Street, KIDDERMINSTER3
£1,65003/240.27 miBirmingham Road, KIDDERMINSTER3
£1,00012/240.31 miThe Firs Close, Kidderminster, Worcestershire3
£1,10003/240.35 miSycamore Close, KIDDERMINSTER3
£99512/240.36 miChester Road North, KIDDERMINSTER3
£90003/240.4 miRadford Avenue, KIDDERMINSTER3
£90012/240.4 miRadford Avenue, KIDDERMINSTER3
£1,12512/240.5 miMerton Close, Kidderminster, Worcestershire3
£90012/240.54 miHurcott Road, KIDDERMINSTER3
£90012/240.59 mi-3

Local Area Statistics

Population in DY10

35,493

Population in Kidderminster

74,037

Town centre distance

0.17 miles away

Nearest school

0.10 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Price changed to £150,000

November 27, 2024

Price changed to £160,000

November 18, 2024

Listed for £165,000

October 22, 2024

Floor Plans

Description

  • THREE BEDROOM +
  • TERRACED +
  • NO CHAIN +
  • EXCELLENT CONDITION +
  • DOUBLE GLAZED AND GAS CENTRAL HEATING +
  • WALKING DISTANCE TO KIDDERMINSTER TRAIN STATION +

SUMMARY
*THREE BEDROOM*TERRACED***NO CHAIN***EXCELLENT CONDITION***DOUBLE GLAZED AND GAS CENTRAL HEATING***WALKING DISTANCE TO KIDDERMINSTER TRAIN STATION***

DESCRIPTION
An excellent three bedroom terraced property situated within walking distance of Kidderminster train station! The internal accommodation comprises of lounge, kitchen, two bedrooms, bathroom and a further second floor bedroom. The external benefits from a rear garden, This property is in excellent condition and is being offered with no chain so must be viewed! Call today to arrange your viewing.

Approach 
Step up to entrance door.

Lounge 11' 3" x 10' 4" max ( 3.43m x 3.15m max )
Double glazed window to front aspect, ceiling light and gas central heating radiator.

Kitchen 12' 1" x 10' 3" ( 3.68m x 3.12m )
Double glazed window to rear aspect, range of wall, drawer and base units, worktops, sink, island, four ring electric hob, electric oven, plumbing for washing machine and tumble dryer, gas central heating radiator and double glazed door to rear aspect leading to garden.

Landing 
Ceiling light, gas central heating radiator and stairs to first floor landing.

Bedroom One 13' 8" max x 11' 8" ( 4.17m max x 3.56m )
Two double glazed windows to front aspect, ceiling light and gas central heating radiator.

Bedroom Three 9' 10" x 7' ( 3.00m x 2.13m )
Double glazed window to rear aspect, ceiling light and gas central heating radiator.

Bathroom 
Double glazed window to rear aspect, ceiling light, WC, wash hand basin, part-tiled splashbacks, built-in airing cupboard, bath with shower over and gas central heating radiator.

Bedroom Two 18' 5" x 13' 9" max ( 5.61m x 4.19m max )
Double glazed window to rear aspect, ceiling light and gas central heating radiator.

Rear Garden 
Fence enclosed boundaries, patio, decking, lawn and side gate to fronage.

Agent Note 
The council tax band is B.

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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Kidderminster

01562 543940

Next Steps?

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