3 Bed Detached House, Single Let, Tipton, DY4 0BX, £280,000

Myrtle Terrace, TIPTON, DY4 0BX - 6 views - 3 months ago

Sold STC
BTL
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£98K - £305K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£213,477

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,000 - £1,355

Rent Estimate

£1,050

Running Costs/mo

£1,105

Cashflow/mo

£-55

Cashflow/yr

£-660

Gross Yield

5%

Local Sold Prices

50 sold prices from £98K to £305K, average is £197.5K. £1.2K/m² to £3.4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£240K03/210 mi26, Myrtle Terrace, Tipton, West Midlands DY4 0BX3
£195K03/210.09 mi36, Elizabeth Walk, Tipton, West Midlands DY4 0AX3
£230K11/210.1 mi25, Constantine Way, Bilston, West Midlands WV14 8GX3
£215K10/210.1 mi65, Constantine Way, Bilston, West Midlands WV14 8GX3
£200K12/210.12 mi15, Cadgwith Gardens, Bilston, West Midlands WV14 8GY3
£180K10/230.12 mi2, Bartlett Close, Tipton, West Midlands DY4 0BU3
£227K06/210.16 mi22, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£195.1K12/200.16 mi12, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£235K02/230.16 mi8, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£273K12/220.19 mi5, Wells Close, Tipton, West Midlands DY4 0AP3
£240K04/210.19 mi5, Wells Close, Tipton, West Midlands DY4 0AP3
£260K03/230.21 mi141, Wednesbury Oak Road, Coseley, Tipton, West Midlands DY4 0BD3
£170K03/210.22 mi19, Andrew Road, Tipton, West Midlands DY4 0AW3
£240K04/210.22 mi14, Andrew Road, Tipton, West Midlands DY4 0AW3
£185K12/200.22 mi15, Andrew Road, Tipton, West Midlands DY4 0AW3
£200K11/200.23 mi21, Greenacre Road, Tipton, West Midlands DY4 0AR3
£225K01/230.23 mi52, Mullion Drive, Bilston, West Midlands WV14 8GW3
£254K03/210.23 mi97, Constantine Way, Bilston, West Midlands WV14 8GU3
£285K02/230.23 mi137, Constantine Way, Bilston, West Midlands WV14 8GU3
£305K07/230.24 mi30, Greenacre Road, Tipton, West Midlands DY4 0AR3
£98K02/210.28 mi39, Glyn Avenue, Bilston, West Midlands WV14 8NN3
£250K05/230.28 mi39, Farmer Way, Tipton, West Midlands DY4 0BE3
£216K12/220.3 mi88, Wallace Road, Bilston, West Midlands WV14 8BX3
£189.9K07/230.3 mi82, Rocket Pool Drive, Bilston, West Midlands WV14 8BD3
£202K12/220.31 mi92, Wallace Road, Bilston, West Midlands WV14 8BX3
£122K06/230.32 mi21, Wallace Road, Bilston, West Midlands WV14 8BU3
£150K03/230.32 mi56, Andrew Road, Tipton, West Midlands DY4 0AJ3
£130K03/230.33 mi28, Pace Crescent, Bilston, West Midlands WV14 8BJ3
£175K07/230.33 mi5, Pace Crescent, Bilston, West Midlands WV14 8BJ3
£185K03/210.34 mi47, Wooding Crescent, Tipton, West Midlands DY4 0BQ3
£195K04/210.34 mi34, Wooding Crescent, Tipton, West Midlands DY4 0BQ3
£160K01/210.35 mi35, Catherton Close, Tipton, West Midlands DY4 0DQ3
£181.5K06/230.35 mi7, Ashfield Road, Bilston, West Midlands WV14 8BT3
£305K06/220.36 mi2, Grayling Close, Wednesbury, West Midlands WS10 8GE3
£220K01/240.38 mi7, Hannah Road, Bilston, West Midlands WV14 8ET3
£210K10/230.38 mi26, Willis Pearson Avenue, Bilston, West Midlands WV14 8DA3
£140K07/210.38 mi46, Willis Pearson Avenue, Bilston, West Midlands WV14 8DA3
£191K05/210.41 mi156, Gospel Oak Road, Tipton, West Midlands DY4 0DW3
£165K12/210.41 mi28, Mervyn Road, Bilston, West Midlands WV14 8DF3
£220K12/220.42 mi17, Mervyn Road, Bilston, West Midlands WV14 8DF3
£125K03/230.42 mi23, Daley Road, Bilston, West Midlands WV14 8AZ3
£115K11/200.42 mi29, Daley Road, Bilston, West Midlands WV14 8AZ3
£150K04/210.42 mi6, Daley Road, Bilston, West Midlands WV14 8AZ3
£150K05/210.44 mi8, Margaret Vale, Tipton, West Midlands DY4 0DH3
£280K06/210.44 mi100, Farmer Way, Tipton, West Midlands DY4 0BL3
£205K12/200.44 mi120, Farmer Way, Tipton, West Midlands DY4 0BL3
£221K07/230.44 mi12, Bertram Close, Tipton, West Midlands DY4 0EL3
£137.5K04/210.45 mi121, Great Bridge Road, Bilston, West Midlands WV14 8NG3
£150K03/210.47 mi37, Hall Lane, Tipton, West Midlands DY4 0XW3
£166K07/210.48 mi56, Bradley Lane, Bilston, West Midlands WV14 8EW3

Local Rents

23 rents from £1K/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.22 miAndrew Road, TIPTON3
£1,35503/240.32 miCoseley New Village, Tipton3
£1,29503/250.33 mi-3
£1,00004/250.39 mi-3
£1,20003/240.43 miWednesbury Oak Road, TIPTON3
£1,25011/240.48 miBradley Lane, Wolverhampton3
£1,25011/240.48 miBradley Lane, BILSTON3
£1,35011/240.49 miBradley Lane, Wolverhampton, WV143
£1,35011/240.49 mi-3
£1,05005/240.52 mi-3
£1,28003/240.52 miCoseley New Village, Tipton3
£1,28003/240.52 miCoseley New Village, Tipton3
£1,33003/240.53 miCoseley New Village, Tipton3
£1,28003/240.54 miCoseley New Village, Tipton3
£1,05011/240.56 mi-3
£1,03502/240.56 mi-3
£1,03503/240.56 mi-3
£1,15004/250.57 mi-3
£1,15004/250.59 mi-3
£1,10003/240.61 miEastfield Road, TIPTON3
£1,10004/240.61 miEastfield Road, TIPTON3
£1,10004/240.61 miEastfield Road, TIPTON3
£1,10004/240.61 miEastfield Road, TIPTON3

Local Area Statistics

Population in DY4

43,161

Town centre distance

1.19 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £280,000

January 28, 2025

Floor Plans

Description

  • DETACHED FAMILY HOME +
  • THREE GOOD SIZED BEDROOMS +
  • WELL PRESENTED THROUGHOUT +
  • EXTENDED TO REAR +
  • OFFICE/STUDY/BEDROOM FOUR TO GROUND FLOOR +
  • HIGHLY DEMANDED LOCATION +
  • ENCLOSED REAR GARDEN +
  • CALL US TO SECURE YOUR EARLY VIEWING! +
  • DO YOU HAVE A PROPERTY TO SELL? WE OFFER A FREE, NO OBLIGATION VALUATION! +
  • DO YOU REQUIRE A MORTGAGE? CALL US NOW! +

WELL PRESENTED THREE BEDROOM, EXTENDED DETACHED FAMILY HOME SITUATED IN A POPULAR PART OF TIPTON WITHIN WALKING DISTANCE TO LOCAL AMENITIES

This is a spacious, well presented three bedroom detached family home that has been extended and improved by the current owners so must be viewed to be appreciated.

Located in this sought after area of Gospel End, Tipton within walking distance to local shops, amenities, excellent public transport links, schools and easy access to motorway networks.

This spacious home offers; entrance hallway, lounge/diner, kitchen, utility room, shower room, study/bedroom four, three good sized bedrooms to the first floor and a well appointed family bathroom. To the front is a large driveway and to the rear a private enclosed garden.

Call us to secure your early viewing!

Tenure: FREEHOLD
EPC: TBA
Council Tax Band: C

Agent Details

Skitts Estate Agents, Tipton

0121 387 6420

Next Steps?

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