4 Bed Semi-Detached House, Refurb/BRRR, Kidderminster, DY10 2RF, £375,000

Roden Avenue, Kidderminster, DY10 2RF - 2 views - 3 months ago

Sold STC
Refurb/BRRR
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£196K - £660K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.9K/m²

Value Estimate

£297,022

 

 

End Value (After Refurb)

£316,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£51,215

Bridging Loan Interest

£9,844

Total Cash In

£175,259

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£316,250

Mortgage (After Refinance)

£237,188

Mortgage LTV

75%

Cash Left In

£175,259

Equity

£79,063

Rent Range

£850 - £5,100

Rent Estimate

£1,008

Running Costs/mo

£1,210

Cashflow/mo

£-202

Cashflow/yr

£-2,423

Gross Yield

3%

Local Sold Prices

39 sold prices from £196K to £660K, average is £330K. £1.6K/m² to £4.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£385K04/210 mi1, Roden Avenue, Kidderminster, Worcestershire DY10 2RF4
£615K05/230 mi14, Roden Avenue, Kidderminster, Worcestershire DY10 2RF4
£270K12/210.05 mi269, Chester Road North, Kidderminster, Worcestershire DY10 2RR4
£360K11/200.07 mi33, Birmingham Road, Kidderminster, Worcestershire DY10 2DA4
£353.6K01/210.1 mi5, Shrubbery Street, Kidderminster, Worcestershire DY10 2QZ4
£354K04/210.16 mi423, Chester Road North, Kidderminster, Worcestershire DY10 1TB4
£322.5K02/210.2 mi18, Trinity Field, Kidderminster, Worcestershire DY10 2DF4
£525K06/210.22 mi13, Linden Avenue, Kidderminster, Worcestershire DY10 3AA4
£400K02/210.22 mi14, Imperial Avenue, Kidderminster, Worcestershire DY10 2RA4
£425K07/230.25 mi305, Hurcott Road, Kidderminster, Worcestershire DY10 2RQ4
£196K12/200.25 mi318, Hurcott Road, Kidderminster, Worcestershire DY10 2RQ4
£300K03/210.3 mi43, Coventry Street, Kidderminster, Worcestershire DY10 2BT4
£315K11/220.3 mi62, Cairndhu Drive, Kidderminster, Worcestershire DY10 2TA4
£315K01/210.39 mi18, Vine Street, Kidderminster, Worcestershire DY10 2TS4
£270K12/200.39 mi102, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QY4
£395K05/210.41 mi444, Chester Road North, Kidderminster, Worcestershire DY10 1TW4
£330K06/210.42 mi4, James Road, Kidderminster, Worcestershire DY10 2TR4
£327K07/230.44 mi32, James Road, Kidderminster, Worcestershire DY10 2TP4
£260K01/210.45 mi28, Baldwin Road, Kidderminster, Worcestershire DY10 2UA4
£293.4K08/230.5 mi4, Baldwin Road, Kidderminster, Worcestershire DY10 2UD4
£262.5K03/230.52 mi156, Stourbridge Road, Kidderminster, Worcestershire DY10 2UL4
£228K03/210.54 mi29, Rosemary Road, Kidderminster, Worcestershire DY10 2SW4
£387.5K03/210.55 mi147, Birmingham Road, Kidderminster, Worcestershire DY10 2SL4
£375K01/230.6 mi21, Osborne Close, Kidderminster, Worcestershire DY10 3YY4
£350K09/210.63 mi4, Gordon Place, Kidderminster, Worcestershire DY10 1UY4
£370K03/210.64 mi31, Oxbow Way, Kidderminster, Worcestershire DY10 2LB4
£320K07/230.64 mi22, Sion Avenue, Kidderminster, Worcestershire DY10 2YJ4
£277K02/210.64 mi20, Somerleyton Avenue, Kidderminster, Worcestershire DY10 3AS4
£380K03/230.65 mi21, Ox Bow Way, Kidderminster, Worcestershire DY10 2LB4
£225K12/200.69 mi151, Sion Avenue, Kidderminster, Worcestershire DY10 2YL4
£345K03/230.71 mi50, Wolverhampton Road, Kidderminster, Worcestershire DY10 2UT4
£270K05/230.73 mi46, Ray Mercer Way, Kidderminster, Worcestershire DY10 1NY4
£660K04/230.79 mi58, Hillgrove Crescent, Kidderminster, Worcestershire DY10 3AR4
£510K08/230.79 mi37, Comberton Avenue, Kidderminster, Worcestershire DY10 3EG4
£325K11/220.79 mi16, Comberton Avenue, Kidderminster, Worcestershire DY10 3EG4
£427.5K09/230.8 mi493, Chester Road South, Kidderminster, Worcestershire DY10 1XD4
£275K10/220.82 mi4, Ruskin Avenue, Kidderminster, Worcestershire DY10 3XG4
£550K05/210.85 mi49, Comberton Road, Kidderminster, Worcestershire DY10 3DT4
£250K08/210.99 mi38, Beaulieu Close, Kidderminster, Worcestershire DY11 5EE4

Local Rents

26 rents from £850/mo to £5.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,65003/240.08 miBirmingham Road, KIDDERMINSTER3
£99512/240.08 miChester Road North, KIDDERMINSTER3
£90012/240.25 miHurcott Road, KIDDERMINSTER3
£1,29502/250.27 mi-4
£90012/240.3 mi-3
£85012/240.31 miAlbert Road, Kidderminster, DY103
£95003/240.32 miLeswell Street, Kidderminster3
£95012/240.33 miLeswell Street, KIDDERMINSTER3
£1,10003/240.35 miSycamore Close, KIDDERMINSTER3
£1,20003/240.36 miBaxter Avenue, KIDDERMINSTER4
£1,12512/240.4 miMerton Close, Kidderminster, Worcestershire3
£90003/240.41 miRadford Avenue, KIDDERMINSTER3
£90012/240.41 miRadford Avenue, KIDDERMINSTER3
£90004/240.45 miEast Street, KIDDERMINSTER3
£87512/240.46 miLorne Street, Kidderminster3
£1,10012/240.47 miCoates Road, Kidderminster3
£5,10004/250.47 mi-5
£90012/240.53 miLenchville, KIDDERMINSTER3
£90003/240.53 miLenchville, Kidderminster3
£85012/240.55 mi-3
£85012/240.55 mi-3
£95003/240.58 miUpton Road, Kidderminster3
£95012/240.58 miUpton Road, Kidderminster3
£1,20009/240.58 mi-3
£1,00012/240.6 miThe Firs Close, Kidderminster, Worcestershire3
£85004/240.62 miWaterside Grange, KIDDERMINSTER3

Local Area Statistics

Population in DY10

35,493

Population in Kidderminster

74,037

Town centre distance

0.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £375,000

January 27, 2025

Floor Plans

Description

  • No Chain +
  • Recently renovated +
  • Open plan living space with bi fold doors leading to the garden +
  • Modern kitchen +
  • Utility room +
  • Sitting room +
  • Four bedrooms +
  • Family bathroom and ensuite +
  • Generous garden with outdoor entertaining space +
  • Garage and driveway +

This recently renovated, semi-detached family home will be highly appealing to a wide range of buyers due to its location within walking distance to wealth of local amenities and Kidderminster town centre. While benefiting from a range of public transport links and a variety of access routes to the midland’s motorway network, you can really get the best of both worlds on your doorstep meaning this property will not disappoint… So, let me take you inside; On entering the property, you have the traditional hallway with stairs leading to the first floor and a large cloakroom cupboard under the stairs with door leading into the garage. To the left you have a sitting room, with open fireplace and period bay window, perfect to relax on those lazy afternoons. Moving through the property, we come to the main ‘WOW’ factor of this charming home. The rear extension to this property has created a truly outstanding family hub, with space for lounge and dining furniture, modern kitchen with skylights and bi fold doors opening out to composite decking for outdoor entertaining space. There is also a feature fireplace to create a focal point and WC leading off great for when entertaining guests.  The kitchen is a good size, with a range of wall and floor units, with integrated sink, dishwasher, oven and microwave, induction hob and hood. Leading off you have utility room with space for your white goods and sink, with door leading out to the garden. The back garden is accessible from the open living space, and utility room, with the garden a good sized plot, with composite decking leading out from the rear, connecting the outside and indoor space well. There are some trees and mature borders for those who like to potter, complementing the large lawn area, leading to a wildlife pond, and potting shed to the rear. Let’s look upstairs; Bedroom space is not an issue with this property with a further bedroom added as part of the renovation. The first bedroom is front aspect double with bay window feature and room for wardrobes, benefiting from an ensuite shower room with sink and WC. The second bedroom is a double with further room for furniture, enjoying a rear aspect, this room could easily be a twin room. The third bedroom is a large single, ample for a children’s room or office space, while the fourth is big enough to fit a double bed. Let me take you to the front; This property has an impressive driveway and front with pillared storm porch creating some character compared to similar properties. There is parking for several vehicles and direct garage access with electric door.  Further on street parking is also available. Naturally, this home benefits from double glazing, gas central heating and flooring throughout. Benefiting from a spacious layout, impressive open plan living room, while being within walking distance to Schools and local amenities, this really is a must-see property, so step right in…… EPC band: D Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makesno representations or warranties of any kind with respect to the statements contained in theparticulars which should not be relied upon as representations of fact. All representations containedin the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsiblefor ensuring any purchase agreement fully protects your position. Please inform us if you becomeaware of any information being inaccurate.

**Money Laundering Regulations
** Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need toundertake an identification check and asked to provide information on the source and proof of funds.This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legalrequirement.  We use a specialist third party service together with an in-house compliance team toverify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance,when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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