2 Bed Flat, Single Let, West Bromwich, B70 6HU, £110,000

3 Astle Park, WEST BROMWICH, B70 8NS - 2 views - 3 months ago

Leasehold
BTL
ROI: 12%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£55.5K - £148K
Sold Prices/m²£735/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£119,194
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£750 - £1,650

Rent Estimate

£850

Running Costs/mo

£534

Cashflow/mo

£316

Cashflow/yr

£3,795

ROI

12%

Gross Yield

9%

Local Sold Prices

45 sold prices from £55.5K to £148K, average is £100K. £735/m² to £2.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£105K12/220 mi12, Princes Gate, West Bromwich, West Midlands B70 6HU2
£103K11/210 mi59, Princes Gate, West Bromwich, West Midlands B70 6HU2
£101.5K04/210 mi43, Princes Gate, West Bromwich, West Midlands B70 6HU2
£92.5K12/220 mi15, Princes Gate, West Bromwich, West Midlands B70 6HU2
£62.5K08/220.11 mi19a, Jesson Street, West Bromwich, West Midlands B70 6PR2
£90K03/230.54 miFlat 2, Macauley House, Glover Street, West Bromwich, West Midlands B70 6DY2
£106K07/220.71 mi36, St Clements Lane, West Bromwich, West Midlands B71 4EU2
£115K11/221 mi56, Creed Way, West Bromwich, West Midlands B70 9JW2
£120K12/211 mi52, Creed Way, West Bromwich, West Midlands B70 9JW2
£57K01/211.01 mi35, Creed Way, West Bromwich, West Midlands B70 9JT2
£95K07/211.03 miFlat 259, Hallam Court, Hallam Street, West Bromwich, West Midlands B71 4HT2
£99.8K11/221.16 mi14, Austen Walk, West Bromwich, West Midlands B71 1RD2
£100K11/221.18 mi38, Church Vale, West Bromwich, West Midlands B71 4DB2
£85K05/211.28 mi4, Overton Place, West Bromwich, West Midlands B71 1RL2
£67K06/221.28 mi3, Overton Place, West Bromwich, West Midlands B71 1RL2
£107K02/221.3 mi60, Ford Street, Smethwick, West Midlands B67 7QY2
£100K10/221.36 mi134, Gladstone Street, West Bromwich, West Midlands B71 1ER2
£78K02/211.36 mi134, Gladstone Street, West Bromwich, West Midlands B71 1ER2
£95K08/221.38 miFlat 17, Poets Court, Old Meeting Street, West Bromwich, West Midlands B70 9AG2
£110K05/231.39 mi9, Westley Court, West Bromwich, West Midlands B71 1HH2
£92K08/211.39 mi35, Westley Court, West Bromwich, West Midlands B71 1HH2
£120K04/221.39 mi22, Westley Court, West Bromwich, West Midlands B71 1HH2
£122.5K01/211.45 mi6, Kellner Gardens, Oldbury, West Midlands B69 3DX2
£105K07/221.46 mi25, Kellner Gardens, Oldbury, West Midlands B69 3DX2
£101K01/231.46 mi23, Kellner Gardens, Oldbury, West Midlands B69 3DX2
£86K03/211.5 mi42, Flash Road, Oldbury, West Midlands B69 4AE2
£55.5K12/211.51 miFlat 4, Louis Court, South Road, Smethwick, West Midlands B67 7BT2
£130K09/221.52 mi5, Bromford Road, Oldbury, West Midlands B69 4BH2
£92.5K06/211.52 miFlat 12, Poets Court, Old Meeting Street, West Bromwich, West Midlands B70 9AG2
£90K02/211.52 miFlat 7, Poets Court, Old Meeting Street, West Bromwich, West Midlands B70 9AG2
£97K12/211.52 miFlat 14, Poets Court, Old Meeting Street, West Bromwich, West Midlands B70 9AG2
£148K06/231.55 miFlat 20, Gaiety House, Regent Street, Smethwick, West Midlands B66 3BF2
£97K06/231.68 mi39, Harrington Croft, West Bromwich, West Midlands B71 3RJ2
£98K12/201.68 mi95, Harrington Croft, West Bromwich, West Midlands B71 3RJ2
£103K04/211.68 mi73, Harrington Croft, West Bromwich, West Midlands B71 3RJ2
£107K10/211.68 mi67, Harrington Croft, West Bromwich, West Midlands B71 3RJ2
£125K06/231.68 mi111, Harrington Croft, West Bromwich, West Midlands B71 3RJ2
£95K11/221.74 mi124, Wiltshire Way, West Bromwich, West Midlands B71 1JU2
£120K02/231.79 mi17, Barnstaple Road, Smethwick, West Midlands B66 3HN2
£116K06/231.79 miApartment 2, Elwell House, Shropshire Way, West Bromwich, West Midlands B71 1BJ2
£110K02/231.81 mi90, Princess Grove, West Bromwich, West Midlands B71 2DS2
£131K09/231.82 miApartment 3, Ridgeacre House, Shropshire Way, West Bromwich, West Midlands B71 1BZ2
£80K06/221.83 mi71, Princess Grove, West Bromwich, West Midlands B71 2DS2
£97K07/211.97 mi6, Waterways Drive, Oldbury, West Midlands B69 2EX2
£87.5K06/211.99 mi16, The Moorings, Oldbury, West Midlands B69 2DD2

Local Rents

50 rents from £750/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£75012/240 mi1 Princes Gate, Beeches Road, West Bromwich2
£85012/240 miPrinces Gate, WEST BROMWICH2
£85012/240 miPrinces Gate, WEST BROMWICH2
£92512/240.23 miBurlington Avenue, West Bromwich,West Midlands, B702
£1,10012/240.28 miBirmingham Road, West bromwich2
£1,65004/250.37 mi-2
£90002/250.38 mi-2
£80012/240.5 miBell Street, WEST BROMWICH2
£97012/240.7 miVictoria Street, WEST BROMWICH2
£95012/240.71 miSt. Clements Lane, WEST BROMWICH2
£97512/240.71 miSt. Clements Lane, WEST BROMWICH2
£82512/240.72 miWest Gate Plaza, West Bromwich2
£90012/240.9 miGrafton Road, West Bromwich, West Midlands, B712
£85002/240.9 mi-2
£87512/240.9 mi-2
£95004/250.9 mi-2
£77504/250.9 mi-2
£1,18002/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,25003/240.94 mi-2
£1,17003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,17003/240.94 mi-2
£1,17003/240.94 mi-2
£1,17003/240.94 mi-2
£1,18003/240.94 mi-2
£1,17003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18003/240.94 mi-2
£1,18012/240.94 mi-2
£1,18012/240.94 mi-2
£1,18001/250.94 mi-2
£1,10003/250.94 mi-2
£85002/240.95 mi-2
£85002/240.95 mi-2
£85002/240.95 mi-2
£85002/240.95 mi-2

Local Area Statistics

Population in B70

27,772

Population in West Bromwich

58,705

Town centre distance

1.18 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Listed for £110,000

February 3, 2025

Description

  • TWO BEDROOMS +
  • EASY ACCESS TO J1 OF THE M5 +
  • WITHIN CLOSE PROXIMITY TO WEST BROMWICH TOWN CENTRE +
  • CHAIN FREE +
  • SOLD AS SEEN +
  • ALLOCATED PARKING SPACE +

SUMMARY
This spacious two bedroom apartment offers the perfect opportunity for either a FIRST TIME PURCHASE or even your next BUY TO LET INVESTMENT. Easy access to J1 M5 and local tram stops. CALL NOW TO VIEW!

DESCRIPTION
Being within close proximity to New Square Shopping Centre, West Bromwich High Street and Trinity Way Metro Station is this modern two bedroom apartment. This spacious two bedroom apartment briefly comprises of an entrance hall, lounge, fitted kitchen, two bedrooms, family bathroom, electric heating and an allocated parking space.

Lounge 14' 11" x 11' 10" ( 4.55m x 3.61m )
Double glazed window to the front, electric fire, radiator and TV and telephone points.

Kitchen 9' 8" x 6' 3" ( 2.95m x 1.91m )
Fitted kitchen compromising of a range of wall and base units with work surfaces over, sink and drainer, plumbing point, electric oven and hob and double glazed window to the rear.

Bedroom One 10' 10" max x 10' 5" max ( 3.30m max x 3.17m max )
Double glazed window to the front, electric radiator and fitted wardrobe.

Bedroom Two 10' 1" max x 7' ( 3.07m max x 2.13m )
Double glazed window to the rear, electric radiator, built in storage and water tank.

Bathroom 
Double glazed window to the rear, bath with shower over, wall mounted heater, tiled, wash hand basin and WC.

Disclaimer 
All services/appliances have not and will not be tested.

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

Connells, West Bromwich

0121 387 6299

Next Steps?

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