3 Bed Terraced House, Single Let, Kidderminster, DY10 1SN, £150,000

Lea Street, KIDDERMINSTER, Worcestershire, DY10 1SN - 2 views - 2 months ago

BTL
ROI: 6%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£110K - £389K
Sold Prices/m²£1.3K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£173,357
BMV16%

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

£850 - £1,650

Rent Estimate

£884

Running Costs/mo

£666

Cashflow/mo

£218

Cashflow/yr

£2,621

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £389K, average is £173.8K. £1.3K/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£175K06/210 mi102, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£110K03/210 mi105, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£140K08/230 mi64, Lea Street, Kidderminster, Worcestershire DY10 1SN3
£162K05/230.07 mi110, Offmore Road, Kidderminster, Worcestershire DY10 1SL3
£181K08/230.1 mi54, Albert Road, Kidderminster, Worcestershire DY10 1SP3
£128.1K10/210.11 mi1, Lea Street, Kidderminster, Worcestershire DY10 1SW3
£164K09/210.11 mi12, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£215K12/200.11 mi27, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£152K12/200.11 mi16, Clarence Street, Kidderminster, Worcestershire DY10 1RS3
£156K01/210.14 mi25, Lorne Street, Kidderminster, Worcestershire DY10 1SY3
£160K12/200.14 mi10, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£145K05/230.14 mi13, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£170K12/220.15 mi55, East Street, Kidderminster, Worcestershire DY10 1SE3
£255K12/220.15 mi25, St Georges Terrace, Kidderminster, Worcestershire DY10 1SQ3
£187.5K12/200.16 mi194, Chester Road North, Kidderminster, Worcestershire DY10 1TN3
£182.5K01/210.17 mi24a, Leswell Street, Kidderminster, Worcestershire DY10 1RP3
£144K04/210.18 mi187, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£152K02/210.18 mi171, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£144K04/210.18 mi187, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£170K08/230.18 mi181, Offmore Road, Kidderminster, Worcestershire DY10 1SB3
£218K06/230.19 mi177, Chester Road North, Kidderminster, Worcestershire DY10 1TP3
£205K12/200.2 mi464, Chester Road North, Kidderminster, Worcestershire DY10 1TP3
£165K01/230.22 mi42, George Street, Kidderminster, Worcestershire DY10 1PY3
£178K01/230.22 mi73, George Street, Kidderminster, Worcestershire DY10 1PY3
£135K07/230.22 mi20, Anchorfields, Kidderminster, Worcestershire DY10 1PZ3
£145K04/230.24 mi17, Findon Street, Kidderminster, Worcestershire DY10 1PU3
£265K06/210.29 mi154, Chester Road South, Kidderminster, Worcestershire DY10 1XB3
£300K08/230.32 mi106, Holmcroft Road, Kidderminster, Worcestershire DY10 3AG3
£113K01/210.33 mi41, Broom Crescent, Kidderminster, Worcestershire DY10 3BN3
£123K11/200.33 mi73, Broom Crescent, Kidderminster, Worcestershire DY10 3BN3
£310K10/230.35 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£290K03/210.35 mi5, Lyndholm Road, Kidderminster, Worcestershire DY10 1TJ3
£154.9K04/210.36 mi18, Hawford Avenue, Kidderminster, Worcestershire DY10 3BH3
£201.5K07/210.37 mi3, Stewart Court, Kidderminster, Worcestershire DY10 1UR3
£210K10/230.37 mi10, Stewart Court, Kidderminster, Worcestershire DY10 1UR3
£200K12/220.37 mi21, Gilbert Scott Way, Kidderminster, Worcestershire DY10 2EZ3
£389K12/200.37 miWhite Gates, 4, Linden Avenue, Kidderminster, Worcestershire DY10 3AA3
£261K01/210.4 mi44, Somerleyton Avenue, Kidderminster, Worcestershire DY10 3AS3
£175K09/230.4 mi5, Sycamore Close, Kidderminster, Worcestershire DY10 2EY3
£140K12/200.4 mi7, Norton Road, Kidderminster, Worcestershire DY10 3BJ3
£215K05/230.41 mi88, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB3
£235K06/210.41 mi92, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB3
£172.5K07/230.41 mi109, Baxter Avenue, Kidderminster, Worcestershire DY10 2HB3
£275K06/230.41 mi134, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QX3
£210K02/210.41 mi142, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QX3
£219.1K01/230.41 mi148, Shakespeare Drive, Kidderminster, Worcestershire DY10 3QX3
£119K10/200.42 mi151, Baxter Avenue, Kidderminster, Worcestershire DY10 2EX3
£155K05/210.42 mi127, Baxter Avenue, Kidderminster, Worcestershire DY10 2EX3
£133.3K11/220.42 mi11, Radford Avenue, Kidderminster, Worcestershire DY10 2ES3
£250K05/230.43 mi21, Granville Crest, Kidderminster, Worcestershire DY10 3QS3

Local Rents

12 rents from £850/mo to £1.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£87512/240.09 miLorne Street, Kidderminster3
£85012/240.1 miAlbert Road, Kidderminster, DY103
£90004/240.16 miEast Street, KIDDERMINSTER3
£95003/240.17 miLeswell Street, Kidderminster3
£95012/240.17 miLeswell Street, KIDDERMINSTER3
£1,00012/240.22 miThe Firs Close, Kidderminster, Worcestershire3
£1,65003/240.36 miBirmingham Road, KIDDERMINSTER3
£1,10003/240.4 miSycamore Close, KIDDERMINSTER3
£90003/240.44 miRadford Avenue, KIDDERMINSTER3
£90012/240.44 miRadford Avenue, KIDDERMINSTER3
£99512/240.46 miChester Road North, KIDDERMINSTER3
£1,12512/240.56 miMerton Close, Kidderminster, Worcestershire3

Local Area Statistics

Population in DY10

35,493

Population in Kidderminster

74,037

Town centre distance

0.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £150,000

February 17, 2025

Floor Plans

Description

ATTENTION INVESTORS
This three bedroom mid terrace house, being sold with a tenant, so available to investment buyers only. The property comprises of: dining room, living room, kitchen, downstairs bathroom along with a useful storage room. on the first floor are 3 well-proportioned bedrooms. Externally there is a low maintenance rear garden. The property also benefits from a cellar.

Agent Details

Dixons, Kidderminster

01562 547727

Next Steps?

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