2 Bed Terraced House, Single Let, Kidderminster, DY10 2LN, £170,000

39 York Street, Kidderminster, Worcestershire, DY10 2LN - 1 views - 6 months ago

Sold STC

BTL

56 m²

+5 photos

ValuationOvervalued

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Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,500£42,500
Stamp Duty & Legal Fees	£6,300£6,300
Total Cash In	£48,800£48,800

Cash Out
Rent Range	£625 - £1,100£625 - £1,100
Rent Estimate	£663
Running Costs/mo	£684£684
Cashflow/mo	£-21£-21
Cashflow/yr	£-250£-250
Gross Yield	5%5%

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Local Rents

37 rents from £625/mo to £1.1K/mo, average is £825/mo.

Rent	Date	Distance	Address	Beds	Type
£825	03/24	0.19 mi	Waterside Grange, KIDDERMINSTER	2	Flat
£625	04/23	0.2 mi	-	2	Terraced House
£625	04/23	0.2 mi	-	2	Terraced House
£800	09/24	0.26 mi	-	2	Terraced House
£850	12/24	0.27 mi	Long Acre, KIDDERMINSTER	2	Flat
£875	01/25	0.39 mi	-	2	Flat
£875	12/24	0.39 mi	-	2	Flat
£825	01/25	0.39 mi	-	2	Flat
£1,100	03/24	0.39 mi	Leswell Lane, KIDDERMINSTER	2	Flat
£775	03/23	0.39 mi	-	2	Flat
£775	03/23	0.39 mi	-	2	Flat
£850	06/24	0.39 mi	-	2	Flat
£875	04/25	0.39 mi	-	2	Flat
£725	12/24	0.4 mi	High Street, KIDDERMINSTER	2	Flat
£745	12/24	0.45 mi	Mill Lane, Kidderminster, DY11	2	Flat
£800	12/24	0.46 mi	George Street, KIDDERMINSTER	2	Flat
£825	12/24	0.46 mi	-	2	Flat
£1,100	04/25	0.48 mi	-	2	Detached House
£750	03/23	0.49 mi	-	2	Flat
£825	12/24	0.51 mi	Woodfield Street, Kidderminster, DY11	2	Terraced House
£825	03/24	0.51 mi	-	2	Terraced House
£850	12/24	0.52 mi	Bewdley Road, KIDDERMINSTER	2	Flat
£850	02/25	0.52 mi	-	2	Terraced House
£910	12/24	0.53 mi	-	2	Terraced House
£725	12/24	0.53 mi	East Street, Kidderminster, Worcestershire, DY10	2	Flat
£725	03/24	0.53 mi	Offmore Road, KIDDERMINSTER	2	Flat
£700	03/23	0.54 mi	-	2	Terraced House
£875	12/24	0.55 mi	Mason Road, Kidderminster, DY11	2	Flat
£825	12/24	0.57 mi	Park Lane, Kidderminster, DY11	2	Flat
£800	12/24	0.59 mi	Park Street, KIDDERMINSTER	2	Flat
£800	12/24	0.59 mi	Park Street, KIDDERMINSTER	2	Flat
£800	03/24	0.62 mi	-	2	Semi-Detached House
£800	03/24	0.62 mi	-	2	Semi-Detached House
£800	12/24	0.62 mi	-	2	Semi-Detached House
£800	12/24	0.62 mi	-	2	Semi-Detached House
£850	10/24	0.62 mi	-	2	Semi-Detached House
£1,100	12/24	0.62 mi	-	2	Flat

Local Area Statistics

Population in DY10	35,49335,493
Population in Kidderminster	74,03774,037
Town centre distance	0.66 miles away0.66 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.80 miles away0.80 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+38%+38%

Property History

Listed for £170,000

November 12, 2024

Sold for £102,000

2016

Floor Plans

Description

Two bedroom mid terrace +
Parking to front +
Lounge Diner +
Well placed for commuting to Stourbridge, Kidderminster and Wolverhampton +
Ideal for first time buyers and investors +
Gas fired central heating +
Double glazed +

A beautifully maintained modern mid terrace. Ideal for first time buyers and investors this contemporary home sits well for commuting to Stourbridge, Wolverhampton and Kidderminster. The property is well placed for Kidderminster town centre which offers an array of everyday amenities, coffee shops and restaurants. Updated by the current owner the accommodation comprises; welcoming hallway, lounge diner, kitchen with integrated appliances. Upstairs are two bedrooms plus a family bathroom with shower over the bath. Outside there is a driveway and enclosed rear garden with lawn area and borders. Viewing is a must to appreciate the finish on offer. EPC=D

Agent Details

Doolittle & Dalley, Kidderminster

01562 543897

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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