3 Bed Terraced House, Single Let, West Bromwich, B70 9SW, £200,000

Old Meeting Street, West Bromwich, B70 9SW - 3 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£95K - £275K
Sold Prices/m²£986/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£176,978

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£990 - £1,300

Rent Estimate

£1,050

Running Costs/mo

£855

Cashflow/mo

£195

Cashflow/yr

£2,340

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £95K to £275K, average is £190.8K. £986/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£196K09/220.05 mi53, Old Meeting Street, West Bromwich, West Midlands B70 9SH3
£171K02/230.07 mi142, Old Meeting Street, West Bromwich, West Midlands B70 9SX3
£207K02/230.13 mi11, Brett Street, West Bromwich, West Midlands B71 1SD3
£195K12/220.13 mi11, Cygnet Road, West Bromwich, West Midlands B70 9RH3
£260K11/220.16 mi4, New Swan Lane, West Bromwich, West Midlands B70 0NS3
£191.5K06/210.18 mi117, Greswold Street, West Bromwich, West Midlands B71 1NS3
£196K06/210.18 mi21, Church Lane, West Bromwich, West Midlands B71 1DB3
£195K03/210.19 mi66, Garratt Street, West Bromwich, West Midlands B71 1NH3
£233K11/220.22 mi17, Milton Street, West Bromwich, West Midlands B71 1NJ3
£275K12/220.22 mi19, Milton Street, West Bromwich, West Midlands B71 1NJ3
£245K08/230.22 mi56, Garratt Street, West Bromwich, West Midlands B71 1NE3
£173.5K03/230.23 mi50, Byron Street, West Bromwich, West Midlands B71 1NP3
£165K10/220.25 mi24, Jervoise Street, West Bromwich, West Midlands B70 9LY3
£208K04/210.25 mi114, Dudley Street, West Bromwich, West Midlands B70 9AJ3
£141K11/200.25 mi25, Cordley Street, West Bromwich, West Midlands B70 9NQ3
£150K07/230.25 mi10, Cordley Street, West Bromwich, West Midlands B70 9NQ3
£265K11/220.3 mi24, Garratt Street, West Bromwich, West Midlands B71 1LY3
£195K05/210.32 mi14, Ruskin Street, West Bromwich, West Midlands B71 1LX3
£125K10/200.33 mi28, Hayes Street, West Bromwich, West Midlands B70 9NE3
£267K11/220.33 mi2, Meyrick Road, West Bromwich, West Midlands B70 0JL3
£230K06/210.35 mi27, Whyley Street, West Bromwich, West Midlands B70 9LX3
£137.5K12/200.35 mi44, Ruskin Street, West Bromwich, West Midlands B71 1LU3
£260K11/210.4 mi44, Law Street, West Bromwich, West Midlands B71 1DZ3
£95K03/230.4 mi113, Turner Street, West Bromwich, West Midlands B70 9HZ3
£190K07/230.42 mi36, Guns Lane, West Bromwich, West Midlands B70 9HE3
£105K03/230.43 mi56, Denbigh Drive, West Bromwich, West Midlands B71 2RX3
£176.5K05/230.43 mi13, Phoenix Street, West Bromwich, West Midlands B70 0AA3
£146K09/210.46 mi78, Tantany Lane, West Bromwich, West Midlands B71 1DS3
£205K11/200.47 mi31, Hill Top, West Bromwich, West Midlands B70 0QA3
£148K01/210.47 mi15, Hill Top, West Bromwich, West Midlands B70 0QA3
£115K11/230.48 mi109, Gladstone Street, West Bromwich, West Midlands B71 1ET3
£157.5K09/220.48 mi10, Hall Crescent, West Bromwich, West Midlands B71 1BS3
£140K12/200.49 mi34, Lakeside Road, West Bromwich, West Midlands B70 0PW3
£205K05/230.49 mi32, Lakeside Road, West Bromwich, West Midlands B70 0PW3
£165K04/210.49 mi68, Beaconsfield Street, West Bromwich, West Midlands B71 1QJ3
£162K07/210.5 mi16, Wheatley Street, West Bromwich, West Midlands B70 9TY3
£235K03/220.51 mi7, Sandwell Road, West Bromwich, West Midlands B70 8TQ3
£181K03/210.51 mi15, Ely Crescent, West Bromwich, West Midlands B71 2SD3
£165K12/200.51 mi24, Ely Crescent, West Bromwich, West Midlands B71 2SD3
£240K09/230.53 mi1, James Eaton Close, West Bromwich, West Midlands B71 1EZ3
£170K11/210.54 mi50, Young Street, West Bromwich, West Midlands B70 9TX3
£185K11/200.54 mi32, Trotters Lane, West Bromwich, West Midlands B71 2QE3
£95K06/210.56 mi16, Harwood Street, West Bromwich, West Midlands B70 9JE3
£244K10/220.57 mi63, Hill Top, West Bromwich, West Midlands B70 0PX3
£194K03/210.57 mi49, Gladstone Street, West Bromwich, West Midlands B71 1EQ3
£255K07/230.57 mi75, Gladstone Street, West Bromwich, West Midlands B71 1EQ3
£185K02/210.58 mi48, Edward Street, West Bromwich, West Midlands B70 8NU3
£235K07/230.59 mi115, Bratt Street, West Bromwich, West Midlands B70 8SB3
£155K09/210.59 mi39, Grange Road, West Bromwich, West Midlands B70 8PB3
£201K12/220.6 mi16, Grange Road, West Bromwich, West Midlands B70 8PD3

Local Rents

18 rents from £990/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.13 miCygnet Road, West Bromwich, B70 9RH3
£1,19504/250.14 mi-3
£1,10012/240.3 miMason Street, West Bromwich, B703
£1,05012/240.3 miMason Street, West Bromwich, B703
£1,05002/240.3 mi-3
£1,30002/250.36 mi-3
£1,20001/250.37 mi-3
£1,10012/240.4 miLakeside Road, West Bromwich3
£1,05012/240.4 miRailway Street, West Bromwich, B703
£1,05003/240.4 mi-3
£1,20004/250.4 mi-3
£1,15012/240.44 mi-3
£1,00011/240.44 mi-3
£1,29512/240.44 miPemberton Road, WEST BROMWICH3
£1,00002/250.48 mi-3
£1,05012/240.52 miPhoenix Street, West Bromwich,West Midlands, B703
£1,10012/240.53 miDartmouth Street, West Bromwich,West Midlands, B703
£99003/250.6 mi-3

Local Area Statistics

Population in B70

27,772

Population in West Bromwich

58,705

Town centre distance

0.46 miles away

Nearest school

0.30 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £200,000

January 28, 2025

Floor Plans

Description

  • WALKING DISTANCE TO BLACK LAKE TRAM STOP +
  • WALKING DISTANCE TO THE HIGH STREET +
  • CLOSE TO ALDI AND LOCAL SHOPS +
  • MAJOR BUS LINKS ON OLD MEETING STREET +
  • THREE FAMILY SIZED BEDROOMS +
  • GARAGE TO THE REAR +
  • NO UPWARD CHAIN +

SUMMARY
PERFECT STARTER HOME WITH BEING WALKING DISTANCE TO THE HIGH STREET AND WALKING DISTANCE TO BLACK LAKE Comprising of a large living room to the rear, kitchen, three generously sized bedrooms and access to a detached garage to the rear. NO UPWARD CHAIN!

DESCRIPTION
We are delighted to be marketing this traditional style three bedroom mid-terraced home located within easy access to transport links and amenities. The property is perfect for first time buyers or someone looking to upside from a smaller property. In brief the property compromises of entrance hall, kitchen to the front, large living room to the rear and a lean to. The first floor offers three bedrooms and a family bathroom, Externally to the front offers a lawn and to the rear offer a rear garden and a detached garage.
CALL US NOW TO ARRANGE YOUR VIEWING!

Entrance Porch 
Double glazed window and door to the front, meter cupboard and door to entrance hall.

Entrance Hall 
Door from entrance porch, stairs to first floor landing and doors to kitchen and lounge/dining room.

Kitchen 9' 9" x 9' 5" ( 2.97m x 2.87m )
Fitted kitchen compromising of a range of wall and base units with work surfaces over, sink and drainer, wall mounted boiler, gas point, central heated radiator and double glazed window to the front.

Lounge/Dining Room 16' x 15' 8" ( 4.88m x 4.78m )
Double gazed window to the rear, two central heated radiators and telephone point.

Lean To 13' 2" x 3' ( 4.01m x 0.91m )
Double glazed window and door to the rear.

First Floor Landing 
Stairs from the entrance hall, loft access and doors to;

Bedroom One 11' x 9' 5" ( 3.35m x 2.87m )
Double glazed window to the front and central heated radiator.

Bedroom Two 14' 11" x 8' 5" ( 4.55m x 2.57m )
Double glazed window to the rear and central heated radiator.

Bedroom Three 9' x 6' 11" ( 2.74m x 2.11m )
Double glazed window to the rear and central heated radiator.

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, West Bromwich

0121 387 6299

Next Steps?

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