3 Bed Semi-Detached House, Refurb/BRRR, Wednesbury, WS10 9NF, £235,000

Lime Road, Wednesbury, Wednesbury, WS10 9NF - 2 views - a month ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£117K - £262K
Sold Prices/m²£1.4K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£203,541

 

 

End Value (After Refurb)

£219,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Refurb Costs

£36,800

Bridging Loan Interest

£6,169

Total Cash In

£111,719

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£219,750

Mortgage (After Refinance)

£164,813

Mortgage LTV

75%

Cash Left In

£111,719

Equity

£54,938

Rent Range

£900 - £3,800

Rent Estimate

£1,345

Running Costs/mo

£976

Cashflow/mo

£369

Cashflow/yr

£4,431

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £117K to £262K, average is £190K. £1.4K/m² to £3.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£167K10/210.03 mi10, Old Park Road, Wednesbury, West Midlands WS10 9LU3
£175K03/230.03 mi52, Old Park Road, Wednesbury, West Midlands WS10 9LU3
£250K10/230.1 mi22, The Oval, Wednesbury, West Midlands WS10 9NQ3
£140K01/230.11 mi22, Lime Road, Wednesbury, West Midlands WS10 9NG3
£186K04/210.11 mi42, Lime Road, Wednesbury, West Midlands WS10 9NG3
£200K11/210.12 mi2, Willow Avenue, Wednesbury, West Midlands WS10 9LZ3
£244K11/230.19 mi3, Elm Avenue, Wednesbury, West Midlands WS10 9NL3
£170K08/210.2 mi5, Goldby Drive, Wednesbury, West Midlands WS10 9LN3
£186K04/210.2 mi57, Goldby Drive, Wednesbury, West Midlands WS10 9LN3
£180K12/210.2 mi13, Park Street, Wednesbury, West Midlands WS10 9EE3
£235K05/230.2 mi14, Park Street, Wednesbury, West Midlands WS10 9EE3
£178K11/200.21 mi87, Manor House Road, Wednesbury, West Midlands WS10 9PL3
£175K04/210.21 mi111, Manor House Road, Wednesbury, West Midlands WS10 9PL3
£222.5K07/230.21 mi73, Manor House Road, Wednesbury, West Midlands WS10 9PL3
£215K10/230.24 mi7, Hawthorn Road, Wednesbury, West Midlands WS10 9ND3
£230K09/210.25 mi12, St Marys Road, Wednesbury, West Midlands WS10 9DL3
£135K09/200.25 mi9, Bilston Road, Wednesbury, West Midlands WS10 7JL3
£170K08/210.27 mi33, Woden Road North, Wednesbury, West Midlands WS10 9NP3
£262K08/230.27 mi49, Woden Road North, Wednesbury, West Midlands WS10 9NP3
£165K11/210.27 mi2, Whitehouse Avenue, Wednesbury, West Midlands WS10 7HT3
£219K09/210.29 mi5, Church Hill, Wednesbury, West Midlands WS10 9DJ3
£117K06/210.29 mi88, Church Hill, Wednesbury, West Midlands WS10 9DJ3
£151K02/230.3 mi21, Churchfields Road, Wednesbury, West Midlands WS10 9DX3
£172K12/220.3 mi16, Churchfields Road, Wednesbury, West Midlands WS10 9DX3
£163K08/210.31 mi15, Dale Street, Wednesbury, West Midlands WS10 7PJ3
£150K03/210.31 mi5, Beech Road, Wednesbury, West Midlands WS10 9NR3
£215K03/230.31 mi13, Beech Road, Wednesbury, West Midlands WS10 9NR3
£185K06/210.33 mi12, Longmore Street, Wednesbury, West Midlands WS10 9DQ3
£215K04/210.33 mi6, Arundel Avenue, Wednesbury, West Midlands WS10 9EU3
£240K06/230.33 mi7, Mark Avenue, Wednesbury, West Midlands WS10 7JH3
£250K11/210.34 mi94, Old Park Road, Wednesbury, West Midlands WS10 9JE3
£220K06/230.34 mi21c, Old Park Road, Wednesbury, West Midlands WS10 9JE3
£237.5K11/230.35 mi89, Woden Road West, Wednesbury, West Midlands WS10 7TB3
£209K08/210.35 mi50, Park Lane, Wednesbury, West Midlands WS10 9PS3
£192.5K01/210.35 mi43, Park Lane, Wednesbury, West Midlands WS10 9PS3
£190K08/210.36 mi72, Handley Street, Wednesbury, West Midlands WS10 9DT3
£175K03/210.36 mi38, The Furlong, Wednesbury, West Midlands WS10 9SU3
£210K12/230.39 mi19, Crew Road, Wednesbury, West Midlands WS10 9QG3
£235K02/230.39 mi23, Puddlers Grove, Wednesbury, Walsall, West Midlands WS10 7TE3
£170K11/200.39 mi2, Puddlers Grove, Wednesbury, Walsall, West Midlands WS10 7TE3
£200K08/210.39 mi1, Puddlers Grove, Wednesbury, Walsall, West Midlands WS10 7TE3
£194K03/230.39 mi69, Crew Road, Wednesbury, West Midlands WS10 9QG3
£188.5K06/230.4 mi5, Kings Hill Close, Wednesbury, West Midlands WS10 9TD3
£182K02/230.4 mi38, Windmill Street, Wednesbury, West Midlands WS10 9EX3
£225K12/230.4 mi21, Hazel Avenue, Wednesbury, West Midlands WS10 9QQ3
£200K12/230.4 mi199, Darlaston Road, Wednesbury, West Midlands WS10 7SR3
£168K07/210.4 mi191, Darlaston Road, Wednesbury, West Midlands WS10 7SR3
£240K07/220.42 mi1a, Hardy Road, Wednesbury, West Midlands WS10 9DR3
£155K01/210.42 mi7, Hardy Road, Wednesbury, West Midlands WS10 9DR3
£190K01/210.42 mi2b, Hardy Road, Wednesbury, West Midlands WS10 9DR3

Local Rents

12 rents from £900/mo to £3.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20003/250.21 mi-3
£1,00002/250.34 mi-3
£1,00003/250.38 mi-3
£90001/250.44 mi-3
£90001/250.44 mi-3
£95001/250.44 mi-3
£1,05003/250.44 mi-3
£1,20011/240.52 miCarnegie Drive, WEDNESBURY3
£1,20011/240.55 miKnowles Street, Wednesbury3
£1,20001/250.55 mi-3
£3,80002/250.58 mi-3
£1,10002/250.6 mi-3

Local Area Statistics

Population in WS10

46,704

Population in Wednesbury

46,710

Town centre distance

0.20 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental growth (12m)

+178%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £235,000

February 11, 2025

Floor Plans

Description

  • Semi Detached Property! +
  • Three Bedrooms! +
  • Sought After location! +
  • Heavily Extended Property! +
  • In Need Of Modernisation Throughout! +
  • Generous Room Sizes! +
  • Driveway For 2+ Cars! +
  • No Upward Chain! +
  • Virtual Tour Available! +
  • Viewings Highly Recommended! +

Call us 9AM - 9PM -7 days a week, 365 days a year! Belvoir are pleased to present this delightful and spacious three bedroom semi detached home to the market. This lovely home has been tactfully extended offering three reception rooms and a long galley style kitchen. Whilst in need of brief modernisation, the property would make a great canvas for any first-time buyer or investor. Briefly comprising of a porch, hallway, front reception room, rear reception room with french doors to the garden, galley style kitchen, downstairs w/c and finally a rear sitting area. Upstairs are three bedrooms, and family bathroom.  Externally, the property opens up into a rear garden with patio seating area anda lush upper tier lawn area, perfect for spending time with pets, family and friends. To the front of the property is a tarmac driveway for 2+ cars. Located nearby Wednesbury, the property is a stones throw away from a vast variety of amenities including superstores, local shops & businesses and travel links. These travel links are serviced via Wednesbury Bus Station, Tram Station and Train Station plus road links to J9 of the M6. For those that enjoy a little retail therapy, the Gallagher Retail Park is just a short drive away offering a number of branded shops. So don't miss out, call now! EPC rating: D. Tenure: Freehold,

Agent Details

Belvoir, Wednesbury

0121 661 8031

Next Steps?

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