3 Bed Terraced House, Single Let, Oldbury, B68 8QZ, £150,000

83 Farm Road, Oldbury, West Midlands, B68 8QZ - 10 views - 5 months ago

BTL
ROI: 8%
100 m²
+4 photos

ValuationUndervalued

Sold Prices£110K - £360K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

99.90 m²
Price/m²£1.5K/m²

Value Estimate

£186,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£650 - £1,350

Rent Estimate

£975

Running Costs/mo

£684

Cashflow/mo

£291

Cashflow/yr

£3,495

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £360K, average is £217.8K. £1.1K/m² to £3.6K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£300K03/230.06 mi113, Farm Road, Oldbury, West Midlands B68 8RA3
£110K02/210.07 mi38, Farm Road, Oldbury, West Midlands B68 8RD3
£280K06/210.09 mi15, Hadley Street, Oldbury, West Midlands B68 8PU3
£220K12/220.09 mi24, Hadley Street, Oldbury, West Midlands B68 8PU3
£126.5K11/200.1 mi17, Farm Road, Oldbury, West Midlands B68 8RB3
£175K03/210.12 mi117, Farm Road, Oldbury, West Midlands B68 8PL3
£280K06/230.13 mi85, Parkfield Road, Oldbury, West Midlands B68 8PT3
£187K03/210.13 mi74, Parkfield Road, Oldbury, West Midlands B68 8PT3
£242.5K07/230.13 mi91, Parkfield Road, Oldbury, West Midlands B68 8PT3
£323.3K03/230.13 mi82, Parkfield Road, Oldbury, West Midlands B68 8PT3
£249K04/230.16 mi8, Barnfordhill Close, Oldbury, West Midlands B68 8ES3
£190K10/210.16 mi45, Causeway Green Road, Oldbury, West Midlands B68 8LA3
£232.5K06/210.17 mi19, Westmead Drive, Oldbury, West Midlands B68 8QB3
£255K06/210.17 mi4, Westmead Drive, Oldbury, West Midlands B68 8QB3
£155K05/210.18 mi48, Causeway Green Road, Oldbury, West Midlands B68 8LF3
£272.5K09/210.19 mi20, Barnford Crescent, Oldbury, West Midlands B68 8PP3
£289K11/200.19 mi35, Barnford Crescent, Oldbury, West Midlands B68 8PP3
£186.5K03/210.19 mi75, Barnford Crescent, Oldbury, West Midlands B68 8PP3
£221K04/210.19 mi21, Barnford Crescent, Oldbury, West Midlands B68 8PP3
£300K07/230.19 mi43, Barnford Crescent, Oldbury, West Midlands B68 8PP3
£245K08/210.19 mi64, Windsor Road, Oldbury, West Midlands B68 8PB3
£233.3K01/210.2 mi169, Farm Road, Oldbury, West Midlands B68 8PN3
£290K03/230.2 mi12, Grosvenor Road, Oldbury, West Midlands B68 8LG3
£258K05/230.22 mi3, Farm Avenue, Oldbury, West Midlands B68 8PW3
£200K03/210.24 mi3, Suffolk Close, Oldbury, West Midlands B68 8RP3
£185K06/210.24 mi29, Woodfield Avenue, Oldbury, West Midlands B69 4TB3
£225K11/200.26 mi38, Windsor Road, Oldbury, West Midlands B68 8NY3
£215.5K09/210.26 mi48, Windsor Road, Oldbury, West Midlands B68 8NY3
£360K11/220.27 mi135, Barnford Crescent, Oldbury, West Midlands B68 8PR3
£172.5K06/210.28 mi40, Clay Lane, Oldbury, West Midlands B69 4SY3
£162.5K12/200.28 mi58, Clay Lane, Oldbury, West Midlands B69 4SY3
£195K06/210.31 mi11a, Defford Drive, Oldbury, West Midlands B68 9RQ3
£170K01/210.32 mi28, Penstock Drive, Oldbury, West Midlands B69 4TE3
£195K06/210.33 mi1, Clifton Close, Oldbury, West Midlands B69 4TT3
£208K08/210.33 mi12, Kenelm Road, Oldbury, West Midlands B68 8PF3
£242K11/210.35 mi342, Moat Road, Oldbury, West Midlands B68 8EG3
£310K12/220.35 mi350, Moat Road, Oldbury, West Midlands B68 8EG3
£165K11/200.35 mi15, Matty Road, Oldbury, West Midlands B68 9QZ3
£228K11/200.36 mi364, Moat Road, Oldbury, West Midlands B68 8EG3
£120K04/210.36 mi61, Crosswells Road, Oldbury, West Midlands B68 8HB3
£163.8K03/210.37 mi850, Wolverhampton Road, Oldbury, West Midlands B69 4RS3
£267K06/210.37 mi19, Uncle Bens Close, Oldbury, West Midlands B69 4TU3
£130K06/230.37 mi859, Wolverhampton Road, Oldbury, West Midlands B69 4RU3
£215K01/210.37 mi14, Kendal Rise, Oldbury, West Midlands B68 8ER3
£236K12/200.37 mi8, Kendal Rise, Oldbury, West Midlands B68 8ER3
£270K10/220.37 mi13, Kendal Rise, Oldbury, West Midlands B68 8ER3
£170K11/220.39 mi18, Springfield Road, Oldbury, West Midlands B68 9QY3
£201.5K03/230.39 mi15, Springfield Road, Oldbury, West Midlands B68 9QY3
£160K12/220.39 mi240, Causeway Green Road, Oldbury, West Midlands B68 8LS3
£165K01/210.4 mi19, Merton Close, Oldbury, West Midlands B68 8NG3

Local Rents

22 rents from £650/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£97503/240.06 mi-3
£97512/240.06 miFarm Road, Oldbury, B683
£1,10012/240.08 miBarrs Street, Oldbury, B683
£1,15012/240.1 miFarm Road, Oldbury3
£99501/250.12 mi-3
£1,35002/240.16 mi-3
£1,19002/240.2 mi-3
£1,19012/240.2 miCauseway Green Road, Oldbury, B683
£1,19012/240.2 miCauseway Green Road, Oldbury, B683
£1,10012/240.31 miDefford Drive, OLDBURY3
£99512/240.38 miArden Grove, Oldbury, West Midlands, B693
£1,35003/250.38 mi-3
£65002/240.4 mi-3
£1,25012/240.42 mipound road, oldbury, west midlands3
£1,29512/240.43 miWolverhampton Road, Oldbury, B693
£1,30012/240.43 miWolverhampton Road, OLDBURY3
£1,30012/240.44 mi-3
£1,30004/250.45 mi-3
£1,15002/240.49 mi-3
£1,20004/250.5 mi-3
£1,00012/240.51 miWarwick Close, Oldbury, B683
£1,30012/240.53 miPryor Road, OLDBURY3

Local Area Statistics

Population in B68

30,924

Population in Oldbury

59,935

Town centre distance

0.55 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £150,000

November 27, 2024

Sold for £68,500

2010

Description

  • Spacious mid terrace +
  • Two reception rooms +
  • Three bedrooms +
  • Kitchen with oven and hob +
  • Ground floor bathroom +
  • Paved rear garden +
  • No upward chain +

We are acting in the sale of the above property and have received an offer of £155,000 on the above property. Any interested parties must submit any higher offers in writing to Taylors Estate Agents, 19-21 Hagley Road, Halesowen, B63 4PU before exchange of contracts takes place ----------------------------------------------------------------------------------------------------------- **

Spacious mid terrace house, with PVC double glazing, gas radiator heating and NO UPWARD CHAIN - TWO RECEPTION ROOMS, lobby, Kitchen with oven and hob, Lobby, Bathroom, THREE UPSTAIRS BEDROOMS, Paved Rear Garden, All main services connected. Broadband/Mobile coverage//checker.ofcom.org.uk/en-gb/broadband-coverage. Council tax band B. EPC- D
Construction wall brick, tiled roof, flat roof** Front Living Room 14' 6''into bay x 11' 5'' (4.42m x 3.48m) Rear Reception Room 13' 0'' x 11' 3'' (3.96m x 3.43m) Lobby 6' 11'' x 6' 1'' (2.11m x 1.85m) With door to garden and door to entry Kitchen 9' 4'' x 6' 11'' (2.84m x 2.11m) With oven and hob Lobby 7' 5'' x 5' 1'' (2.26m x 1.55m) Bathroom 7' 2'' x 6' 8'' (2.18m x 2.03m) With panel bath, hand basin and WC Landing Bedroom 1 12' 11'' x 10' 7'' (3.93m x 3.22m) Bedroom 2 11' 4'' x 8' 5'' (3.45m x 2.56m) Bedroom 3 11' 0'' x 5' 7'' (3.35m x 1.70m)

Agent Details

Taylors Estate Agents, Halesowen

0121 387 6422

Next Steps?

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