2 Bed Flat, Single Let, Tipton, DY4 7RD, £100,000

73 Great Bridge, Tipton, DY4 7HF - 2 months ago

Leasehold
BTL
ROI: 10%
46 m²
+6 photos

ValuationOvervalued

Sold Prices£43K - £145.5K
Sold Prices/m²£644/m² - £4.2K/m²

 

 

Square Metres

46 m²
Price/m²£2.2K/m²

Value Estimate

£76,419

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£700 - £1,080

Rent Estimate

£725

Running Costs/mo

£478

Cashflow/mo

£248

Cashflow/yr

£2,970

ROI

10%

Gross Yield

9%

Local Sold Prices

41 sold prices from £43K to £145.5K, average is £92K. £644/m² to £4.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£90K02/210 mi47, Anchor Drive, Tipton, West Midlands DY4 7RD2
£87.5K11/200 mi55, Anchor Drive, Tipton, West Midlands DY4 7RD2
£102K05/230 mi63, Anchor Drive, Tipton, West Midlands DY4 7RD2
£92K10/210 mi125, Anchor Drive, Tipton, West Midlands DY4 7RD2
£92.5K03/210 mi103, Anchor Drive, Tipton, West Midlands DY4 7RD2
£87.5K11/200 mi75, Anchor Drive, Tipton, West Midlands DY4 7RD2
£86K06/210 mi101, Anchor Drive, Tipton, West Midlands DY4 7RD2
£100K05/230 mi65, Anchor Drive, Tipton, West Midlands DY4 7RD2
£90K11/230.23 mi28, Lissimore Drive, Tipton, West Midlands DY4 7SX2
£111K08/230.24 mi34, Tudor Street, Tipton, West Midlands DY4 8UT2
£78K09/230.27 mi61, Tudor Court, Tipton, West Midlands DY4 8UX2
£43K06/230.39 mi18, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£55K11/200.39 mi7, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£53K10/200.39 mi9, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£75K01/210.39 mi13, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£65K03/230.39 mi7, Fernwood Croft, Tipton, West Midlands DY4 8LL2
£77K08/220.4 mi19, Oakthorpe Gardens, Tividale, Oldbury, West Midlands B69 2LE2
£50K02/210.4 mi72, Carnegie Avenue, Dudley Port, Tipton, West Midlands DY4 8SX2
£105K08/220.41 mi55, Oakthorpe Gardens, Tividale, Oldbury, West Midlands B69 2LF2
£87K03/210.7 mi35, Bedford Street, Tipton, West Midlands DY4 7NX2
£145.5K10/220.73 mi41, Park Moor Gardens, Dudley, West Midlands DY1 4AH2
£119.5K05/210.74 mi25, Park Moor Gardens, Dudley, West Midlands DY1 4AH2
£90K02/210.74 mi29, Darbys Way, Tipton, West Midlands DY4 7NY2
£105K12/220.74 mi55, Darbys Way, Tipton, West Midlands DY4 7NY2
£96K03/210.74 mi23, Page's Croft, Dudley, West Midlands DY1 4AE2
£112.5K10/220.75 mi49, Darbys Way, Tipton, West Midlands DY4 7NY2
£122.8K11/220.78 mi47, Sannders Crescent, Tipton, West Midlands DY4 7NT2
£118.5K10/220.81 mi93, Regent Road, Tividale, Oldbury, West Midlands B69 1TS2
£53.8K12/220.81 mi38, Vernon Avenue, Tipton, West Midlands DY4 8EJ2
£120K05/230.84 mi39, New Cross Street, Tipton, West Midlands DY4 8PZ2
£90K08/210.9 mi53, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£90K09/210.9 mi67, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£95K07/210.9 mi69, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£72K06/210.9 mi78, Peel Way, Tividale, Oldbury, West Midlands B69 3JY2
£105K11/220.95 mi2, Doughty Close, Tipton, West Midlands DY4 7AJ2
£118K08/230.96 mi88, Scott Street, Tipton, West Midlands DY4 7AG2
£125K03/230.96 mi22, Scott Street, Tipton, West Midlands DY4 7AG2
£102K09/200.97 mi17, Scott Street, Tipton, West Midlands DY4 7AF2
£103K01/210.97 mi5, Scott Street, Tipton, West Midlands DY4 7AF2
£113.5K11/220.97 mi31, Scott Street, Tipton, West Midlands DY4 7AF2
£87.5K11/210.99 mi38, Rugeley Close, Tipton, West Midlands DY4 9TG2

Local Rents

24 rents from £700/mo to £1.1K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£77505/240 miAnchor Drive, TIPTON2
£90004/240.04 miHawkins Croft, Tividale Quays, Tipton2
£85003/240.18 miTividale Street, Tipton DY42
£92503/240.18 miTividale Street, TIPTON2
£85003/240.18 miTividale Street, Tipton, West Midlands, DY42
£80003/250.22 mi-2
£79503/240.22 miBrindlefields Way, Tipton2
£89503/240.25 miBrindlefields Way, Tipton2
£1,05012/240.29 mi-2
£90012/240.3 mi-2
£99512/240.34 mi-2
£97502/250.38 mi-2
£1,00004/240.38 mi-2
£93003/250.38 mi-2
£1,00011/230.42 mi-2
£75012/240.44 miPrinces Road, Oldbury, B692
£95001/250.44 mi-2
£90002/250.44 mi-2
£90002/250.45 mi-2
£70003/240.47 miAnderson Gardens, Tipton2
£1,08004/240.62 mi-2
£1,08004/240.62 mi-2
£1,08001/250.62 mi-2
£99502/250.62 mi-2

Local Area Statistics

Population in DY4

43,161

Town centre distance

0.95 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £100,000

February 28, 2025

Listed for £110,000

January 23, 2025

Floor Plans

Description

  • MODERN SECOND FLOOR APARTMENT +

  • DOUBLE GLAZING + NO UPWARD CHAIN +

  • IDEAL FIRST TIME PURCHASE OR BUY TO LET INVESTMENT + GREAT LOCATION +

  • SECURITY ENTRANCE DOORS +

  • RECEPTION HALL + LOUNGE + STUDY AREA + KITCHEN +

  • 2 BEDROOMS + EN SUITE SHOWER ROOM + FAMILY BATHROOM +

  • GARAGE +

SUMMARY
Modern Second Floor Apartment offering the benefit of Double Glazing and No Upward chain. Ideal First Time Purchase or Buy To Let Investment whilst having all amenities within close proximity.

DESCRIPTION
Do you need help selling your property?
Do you need help finding the right mortgage?
Do you have a property to let?

Here at Paul Dubberley and Co Great Bridge we offer free advice on the house buying, selling and letting process. Contact us on or

Reception Hall 

Lounge 14' 4" x 11' 8" ( 4.37m x 3.56m )

Study Area 7' x 6' 7" ( 2.13m x 2.01m )

Fitted Kitchen 9' 5" max into recess x 5' 9" ( 2.87m max into recess x 1.75m )

Bedroom One 13' max x 12' 1" ( 3.96m max x 3.68m )

En Suite Shower Room 

Bedroom Two 11' 3" max x 10' 2" max ( 3.43m max x 3.10m max )

Family Bathroom 6' 8" x 5' 6" ( 2.03m x 1.68m )

Outside 

Garage 

Council Tax Band:- A 

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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

Paul Dubberley & Co, Great Bridge

0121 387 6373

Next Steps?

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