3 Bed Terraced House, Single Let, Tipton, DY4 9LU, £230,000

Richards Road, Tipton, DY4 9LU - 2 views - 3 months ago

BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£115K - £305K
Sold Prices/m²£1.4K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£203,764

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£66,200

 

 

Cash Out

 

Rent Range

£950 - £1,600

Rent Estimate

£994

Running Costs/mo

£938

Cashflow/mo

£56

Cashflow/yr

£677

ROI

1%

Gross Yield

5%

Local Sold Prices

52 sold prices from £115K to £305K, average is £183.8K. £1.4K/m² to £3.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£175K03/210.07 mi26, Allen Road, Tipton, West Midlands DY4 9LS3
£182.5K09/210.11 mi12, Cranmore Close, Tipton, West Midlands DY4 0TR3
£227K03/230.11 mi2, Cranmore Close, Tipton, West Midlands DY4 0TR3
£157K05/210.16 mi1, Field Road, Tipton, West Midlands DY4 0TN3
£128K10/200.2 mi31, Eastfield Road, Tipton, West Midlands DY4 0TE3
£175K07/230.21 mi61, Upper Church Lane, Tipton, West Midlands DY4 9NB3
£175K07/230.21 mi61, Upper Church Lane, Tipton, West Midlands DY4 9NB3
£150K03/230.21 mi56, Andrew Road, Tipton, West Midlands DY4 0AJ3
£165K09/210.23 mi23, Manby Street, Tipton, West Midlands DY4 9NG3
£175K07/230.25 mi3, Richards Road, Tipton, West Midlands DY4 9JL3
£175K07/230.25 mi3, Richards Road, Tipton, West Midlands DY4 9JL3
£205K01/230.25 mi16, Adams Close, Tipton, West Midlands DY4 9LJ3
£305K07/230.26 mi30, Greenacre Road, Tipton, West Midlands DY4 0AR3
£154K08/210.26 mi15, Sandgate Road, Tipton, West Midlands DY4 0RZ3
£200K11/200.26 mi21, Greenacre Road, Tipton, West Midlands DY4 0AR3
£188K06/230.27 mi5, Lichfield Street, Tipton, West Midlands DY4 9NE3
£224K07/230.27 mi10, Lichfield Street, Tipton, West Midlands DY4 9NE3
£220K05/230.28 mi2, Turton Road, Tipton, West Midlands DY4 9LH3
£185K12/200.28 mi15, Andrew Road, Tipton, West Midlands DY4 0AW3
£170K03/210.28 mi19, Andrew Road, Tipton, West Midlands DY4 0AW3
£240K04/210.28 mi14, Andrew Road, Tipton, West Midlands DY4 0AW3
£155K05/230.29 mi29, Wordsworth Close, Tipton, West Midlands DY4 0TG3
£150K12/200.3 mi26, Batmans Hill Road, Tipton, West Midlands DY4 9LB3
£189.9K07/230.31 mi82, Rocket Pool Drive, Bilston, West Midlands WV14 8BD3
£240K04/210.31 mi5, Wells Close, Tipton, West Midlands DY4 0AP3
£273K12/220.31 mi5, Wells Close, Tipton, West Midlands DY4 0AP3
£135K02/210.34 mi39, Lichfield Street, Tipton, West Midlands DY4 9NL3
£148K11/210.34 mi57, Lichfield Street, Tipton, West Midlands DY4 9NL3
£260K03/230.34 mi141, Wednesbury Oak Road, Coseley, Tipton, West Midlands DY4 0BD3
£170K06/230.35 mi11, John F Kennedy Walk, Tipton, West Midlands DY4 0SF3
£165K04/210.35 mi16, Waring Close, Tipton, West Midlands DY4 9NW3
£240K01/230.36 mi21, Henn Drive, Tipton, West Midlands DY4 9NN3
£170K01/230.37 mi49, Brunel Drive, Tipton, West Midlands DY4 9LY3
£210K09/230.37 mi23, Brunel Drive, Tipton, West Midlands DY4 9LY3
£193K08/210.39 mi34, Kerr Drive, Tipton, West Midlands DY4 9NP3
£186K11/230.4 mi11, Weddell Wynd, Bilston, West Midlands WV14 8UH3
£195K03/210.41 mi36, Elizabeth Walk, Tipton, West Midlands DY4 0AX3
£195.1K12/200.41 mi12, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£227K06/210.41 mi22, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£235K02/230.41 mi8, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£192K08/210.44 mi33, Peter Avenue, Bilston, West Midlands WV14 8UJ3
£150K03/210.44 mi37, Hall Lane, Tipton, West Midlands DY4 0XW3
£215K07/230.44 mi23, Oliver Crescent, Bilston, West Midlands WV14 8UG3
£195K03/210.44 mi29, Oliver Crescent, Bilston, West Midlands WV14 8UG3
£180K10/230.44 mi2, Bartlett Close, Tipton, West Midlands DY4 0BU3
£125K09/230.44 mi9, Jubilee Road, Tipton, West Midlands DY4 0QP3
£225K12/230.45 mi83, Batmans Hill Road, Bilston, West Midlands WV14 8TZ3
£165K06/210.45 mi16, Mills Walk, Tipton, West Midlands DY4 9HN3
£195K04/230.46 mi7, Henderson Walk, Tipton, West Midlands DY4 0SS3
£115K11/200.46 mi29, Daley Road, Bilston, West Midlands WV14 8AZ3
£150K04/210.46 mi6, Daley Road, Bilston, West Midlands WV14 8AZ3
£125K03/230.46 mi23, Daley Road, Bilston, West Midlands WV14 8AZ3

Local Rents

20 rents from £950/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20003/240.07 miWednesbury Oak Road, TIPTON3
£1,05005/240.11 mi-3
£1,10003/240.2 miEastfield Road, TIPTON3
£1,10004/240.2 miEastfield Road, TIPTON3
£1,10004/240.2 miEastfield Road, TIPTON3
£1,10004/240.2 miEastfield Road, TIPTON3
£1,00004/250.25 mi-3
£1,25003/240.28 miAndrew Road, TIPTON3
£95004/240.29 miShakespeare Road, Tipton3
£1,10003/240.36 miTipton, DY43
£1,10005/240.36 miTipton, DY43
£1,00005/240.43 miUpper Church Lane, Tipton3
£1,15004/250.43 mi-3
£1,60004/250.49 mi-3
£1,29503/250.5 mi-3
£1,35503/240.56 miCoseley New Village, Tipton3
£1,20003/240.57 miFlorence Road, Tipton, DY43
£1,00004/250.59 mi-3
£1,00003/250.59 mi-3
£97511/240.61 miFountain Lane, Bilston, West Midlands, WV143

Local Area Statistics

Population in DY4

43,161

Town centre distance

0.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £230,000

March 24, 2025

Listed for £250,000

January 22, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • CONSERVATORY +
  • DRIVEWAY +
  • MODERN KITCHEN +
  • REAR GARDEN +
  • MODERN SHOWER ROOM +

SUMMARY
Connells Estate Agents in Wednesbury are pleased to market for sale this modern three bedroom property, in ready to move in to condition!

DESCRIPTION
Connells Estate Agents in Wednesbury are pleased to market for sale this modern three bedroom property in Tipton.

To the ground floor the property briefly comprises of an entrance porch giving access to the entrance hallway, from the hallway are stairs to the first floor and a door leading to the lounge. From the lounge is the modern fitted with ample storage and space for appliances. The ground floor also benefits from having a conservatory, with patio doors leading to the rear garden.

To the first floor are three bedrooms and a modern fitted shower room.

Externally the property benefits from having a low maintenance rear garden with side access to the front, and off road parking through iron gates to the front of the property.

Entrance Porch 
Double glazed door to front and further door into:-

Entrance Hallway 
Stairs to first floor landing and door to the lounge.

Lounge 13' 5" max x 12' 4" max ( 4.09m max x 3.76m max )
Double glazed window to front, radiator and access to the kitchen.

Kitchen 15' 7" max x 3' 2" max ( 4.75m max x 0.97m max )
Double glazed window to the rear, fitted with a range of wall and base units with work surfaces over, splash back tiling, sink drainer, space for appliances, fridge/freezer and dishwasher included, plumbing for washing machine, radiator, ceiling spotlights, under stairs storage cupboard, tiled flooring and door to conservatory.

Conservatory 
Tiled flooring and double glazed door to side leading to the rear garden.

First Floor Landing 
Doors to bedrooms and shower room.

Bedroom One 12' 4" max x 13' 4" max ( 3.76m max x 4.06m max )
Double glazed window to front, fitted wardrobes, storage cupboard and radiator.

Bedroom Two 12' 4" max x 8' 6" max ( 3.76m max x 2.59m max )
Double glazed window to rear, storage cupboard and radiator.

Bedroom Three 6' 5" x 10' 4" ( 1.96m x 3.15m )
Double glazed window to front and radiator.

Shower Room 
Double glazed window to rear, fully tiled, shower cubicle, WC and vanity wash hand basin.

Outside 
Front:
Crete print driveway.

Rear:
Patio, gravelled garden and side access.

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, Wednesbury

0121 387 6309

Next Steps?

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