2 Bed Semi-Detached House, Single Let, West Bromwich, B70 8AJ, £150,000





ValuationOvervalued
Sold Prices | £82K - £227K |
Sold Prices/m² | £988/m² - £3.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.2K/m² |
Value Estimate | £130,030 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £37,500 |
Stamp Duty & Legal Fees | £5,700 |
Total Cash In | £43,200 |
| |
Cash Out | |
Rent Range | £745 - £1,650 |
Rent Estimate | £825 |
Running Costs/mo | £654 |
Cashflow/mo | £171 |
Cashflow/yr | £2,055 |
ROI | 5% |
Gross Yield | 7% |
Local Sold Prices
29 sold prices from £82K to £227K, average is £142K. £988/m² to £3.6K/m², average is £1.8K/m².
Local Rents
51 rents from £745/mo to £1.6K/mo, average is £900/mo.
Local Area Statistics
Population in B70 | 27,772 |
Population in West Bromwich | 58,705 |
Town centre distance | 0.95 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.23 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +13% |
Sales demand | Balanced market |
Capital growth (5yrs) | +33% |
Property History
Listed for £150,000
February 4, 2025
Floor Plans

Description
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