2 Bed Flat, Single Let, Tipton, DY4 9JE, £180,000

High Street, Tipton, DY4 9JE - 2 views - 2 months ago

Leasehold
BTL
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£64K - £136K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£118,054

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£600 - £1,200

Rent Estimate

£698

Running Costs/mo

£722

Cashflow/mo

£-24

Cashflow/yr

£-289

Gross Yield

5%

Local Sold Prices

36 sold prices from £64K to £136K, average is £100K. £1.2K/m² to £3.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£84K11/200.42 mi30, Humphries Crescent, Bilston, West Midlands WV14 8BB2
£75K04/210.42 mi19, Humphries Crescent, Bilston, West Midlands WV14 8BB2
£111K12/220.42 mi35, Humphries Crescent, Bilston, West Midlands WV14 8BB2
£64K04/210.45 mi120, Rocket Pool Drive, Bilston, West Midlands WV14 8BD2
£105K01/230.52 mi16, Warren Close, Tipton, West Midlands DY4 9PG2
£73K07/230.55 mi78, Dimmocks Avenue, Bilston, West Midlands WV14 8YL2
£100K10/230.57 mi51a, Daley Road, Bilston, West Midlands WV14 8AZ2
£65K11/200.64 mi24, Wesley Street, Bilston, West Midlands WV14 8TX2
£113.5K12/220.64 mi5, Wagstaff Close, Bilston, West Midlands WV14 8JR2
£124K10/220.65 mi13, Wagstaff Close, Bilston, West Midlands WV14 8JR2
£113K09/230.65 mi18, Wagstaff Close, Bilston, West Midlands WV14 8JR2
£100K08/220.7 mi170, Central Drive, Bilston, West Midlands WV14 8JH2
£73K10/220.71 mi42, Dereham Walk, Bilston, West Midlands WV14 8PR2
£84K09/210.75 mi20, St Marks Road, Tipton, West Midlands DY4 0XB2
£135K08/220.81 mi79, Hall Green Street, Bilston, West Midlands WV14 8TH2
£126K11/220.81 mi67, Hall Green Street, Bilston, West Midlands WV14 8TH2
£130K11/220.89 mi11, Bonneville Close, Tipton, West Midlands DY4 9SP2
£115K06/230.89 mi23, Bonneville Close, Tipton, West Midlands DY4 9SP2
£83K08/220.92 mi35, Central Drive, Bilston, West Midlands WV14 9EJ2
£90.5K11/220.94 mi46, Mytton Grove, Tipton, West Midlands DY4 9TF2
£120K06/230.95 mi35, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£100K05/230.95 mi115, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£112K05/230.95 mi123, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£92K02/210.95 mi45, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£136K09/230.95 mi73, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£115K05/230.95 mi43, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£117K10/220.95 mi59, Thunderbolt Way, Tipton, West Midlands DY4 9SG2
£87.5K11/210.96 mi38, Rugeley Close, Tipton, West Midlands DY4 9TG2
£102K01/230.97 mi4, Harper Grove, Tipton, West Midlands DY4 9SR2
£95K08/210.99 miApartment 6, Kingfisher House, Kingfisher Way, Tipton, West Midlands DY4 8EP2
£90K07/230.99 miApartment 24, Kingfisher House, Kingfisher Way, Tipton, West Midlands DY4 8EP2
£126K11/231 mi68, Loxdale Sidings, Bilston, West Midlands WV14 0TR2
£130K04/231 mi10, Loxdale Sidings, Bilston, West Midlands WV14 0TR2
£90K08/211 mi53, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£90K09/211 mi67, Ferguson Drive, Tipton, West Midlands DY4 7NS2
£95K07/211 mi69, Ferguson Drive, Tipton, West Midlands DY4 7NS2

Local Rents

52 rents from £600/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£92503/240.05 miHigh Street, Tipton2
£85004/250.18 mi-2
£75011/240.42 miHumphries Crescent, Bilston2
£80005/240.52 mi-2
£80005/240.52 mi-2
£75001/250.55 mi-2
£90001/250.55 mi-2
£1,20003/240.58 miOval Road, Tipton2
£85011/240.58 miSummerhill Road, BILSTON2
£1,00004/250.65 mi-2
£92511/240.72 miWallbrook Street, Coseley, WV142
£87511/240.78 miLees Terrace, Bilston, West Midlands, WV142
£82511/240.86 miRedwood Road, BILSTON2
£75005/240.95 miThunderbolt Way, DUDLEY2
£75005/240.95 miThunderbolt Way, DUDLEY2
£82504/240.96 miFerguson Drive, Tipton2
£85004/240.99 miKingfisher House, Kingfisher Way, Tipton, DY42
£87511/241 miLoxdale Sidings, Bilston2
£1,19502/251 mi-2
£95004/251 mi-2
£75004/241.05 miBean Drive, Tipton2
£87501/251.07 mi-2
£90003/241.08 miStandbridge Way, Tipton, West Midlands, DY42
£72504/241.08 miHorseley Road, Tipton2
£82504/241.08 miHorseley Road, Tipton2
£90011/241.09 miAmbleside Close, Bradley, BILSTON2
£90011/241.09 miAmbleside, Wolverhampton2
£1,10003/241.09 mi-2
£60002/251.1 mi-2
£1,00003/241.1 miChampion Avenue, Tipton2
£85011/241.11 miBank Street, Coseley, Bilston2
£1,00003/251.12 mi-2
£79511/241.14 miEvergreen Close, Bilston2
£87505/241.14 miDarbys Way, Tipton2
£82504/241.15 miJevons Drive, Tipton, West Midlands, DY42
£82502/251.16 mi-2
£87504/241.16 miWeston Drive, West Midlands, DY42
£85005/241.16 miSannders Crescent, Tipton, West Midlands, DY4 7NS2
£95012/241.18 miChurchyard Road, TIPTON2
£90002/251.18 mi-2
£87504/241.18 miGreat Meadow, Tipton, West Midlands, DY42
£95001/251.18 mi-2
£70011/241.19 miMason Street, Bilston, West Midlands, WV142
£90004/251.19 mi-2
£85004/241.19 mi-2
£85003/241.2 mi-2
£70003/241.2 miAnderson Gardens, Tipton2
£96504/251.21 mi-2
£69505/241.21 miBedford Street, Tipton, DY42
£85003/241.23 miPotters Brook, Tipton, West Midlands, DY42
£72503/241.24 miMiddle Meadow, Tipton, DY42
£79511/241.24 miBroad Lanes, Bilston, West Midlands, WV142

Local Area Statistics

Population in DY4

43,161

Town centre distance

0.76 miles away

Nearest school

0.30 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £180,000

February 20, 2025

Floor Plans

Description

  • Spacious 2 Double Bed Duplex +
  • Lounge/Diner And Cloakroom +
  • Fully Fitted Kitchen +
  • Secure Allocated Gated Access Parking +
  • Well Maintained Throughout +
  • Convenient For All Amenities +
  • Viewing Highly Recommended +

The Property
A superb 2 bedroom duplex over 2 spacious floors set in a popular and convenient residential location.

Presenting well maintained rooms comprising hallway, lounge/diner, fully fitted kitchen, cloakroom, 2 double bedrooms, bathroom, allocated off road parking via secure gated access and communal gardens.

With the added benefits of gas rad c/h and double glazing viewing is highly recommended

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/3124

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Dudley

020 3907 3618

Next Steps?

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