3 Bed Semi-Detached House, Cash/Bridging Only, Bilston, WV14 9PX, £199,950

Kipling Avenue, COSELEY, WV14 9PX - 2 views - 2 months ago

Sold STC
Cash
ROI: 4%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£60K - £335K
Sold Prices/m²£750/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.1K/m²

Value Estimate

£204,711
BMV2%

 

 

End Value (After Refurb)

£204,370

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£49,988

Stamp Duty & Legal Fees

£12,697

Refurb Costs

£36,800

Bridging Loan Interest

£5,249

Total Cash In

£106,483

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£204,370

Mortgage (After Refinance)

£153,278

Mortgage LTV

75%

Cash Released

£3,315

Cash Left In

£103,167

Equity

£51,093

Rent Range

£795 - £1,650

Rent Estimate

£1,290

Running Costs/mo

£917

Cashflow/mo

£373

Cashflow/yr

£4,480

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £335K, average is £185.5K. £750/m² to £4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£230.5K10/230 mi5, Kipling Avenue, Bilston, West Midlands WV14 9PX3
£258K09/230.03 mi444, Birmingham New Road, Bilston, West Midlands WV14 9QB3
£60K12/200.08 mi121, Shaw Road, Bilston, West Midlands WV14 9PU3
£157.5K06/230.1 mi45, Pickrell Road, Bilston, West Midlands WV14 9QW3
£237K12/220.12 mi30, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QZ3
£165K11/200.12 mi28, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QZ3
£170K08/230.12 mi19, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QZ3
£113K12/200.16 mi9, Ettingshall Road, Bilston, West Midlands WV14 9UL3
£158.5K06/210.16 mi7, Ettingshall Road, Bilston, West Midlands WV14 9UL3
£178K08/230.16 mi45, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QS3
£170K04/210.19 mi5, Somerford Way, Bilston, West Midlands WV14 9QL3
£205K03/230.2 mi45, Hurst Road, Coseley, Bilston, West Midlands WV14 9AA3
£245K09/220.22 mi31, Nicholds Close, Coseley, Bilston, West Midlands WV14 9JS3
£250K01/230.22 mi9, Crowesbridge Mews, Bilston, West Midlands WV14 9LY3
£230K12/230.22 mi2, Hinchliffe Avenue, Bilston, West Midlands WV14 9PQ3
£126.5K03/210.24 mi63, Ettingshall Road, Bilston, West Midlands WV14 9UR3
£335K09/210.24 mi5, Henne Drive, Bilston, West Midlands WV14 9JW3
£190K09/210.25 mi67, Berrington Drive, Coseley, Bilston, West Midlands WV14 9QH3
£184.9K11/200.25 mi57, Berrington Drive, Coseley, Bilston, West Midlands WV14 9QH3
£145K06/210.25 mi81, Ivyhouse Lane, Bilston, West Midlands WV14 9JU3
£150K06/210.25 mi68, Ettingshall Road, Bilston, West Midlands WV14 9UG3
£175K06/230.26 mi13, Quilter Close, Coseley, Bilston, West Midlands WV14 9AX3
£221K08/210.26 mi473, Birmingham New Road, Bilston, West Midlands WV14 9PJ3
£222K02/210.27 mi6, Flowerdale Close, Coseley, Bilston, West Midlands WV14 9QT3
£190K12/200.28 mi41, Ivyhouse Lane, Bilston, West Midlands WV14 9JH3
£190K03/210.28 mi57, Bridgewater Drive, Deepfields, Bilston, West Midlands WV14 9PA3
£202K08/230.28 mi20, Biddings Lane, Bilston, West Midlands WV14 9NN3
£158K10/210.29 mi73, Hurst Road, Coseley, Bilston, West Midlands WV14 9EX3
£230K02/230.29 mi41, Bridgewater Drive, Deepfields, Bilston, West Midlands WV14 9PA3
£239.9K06/210.31 mi10, Maslin Drive, Bilston, West Midlands WV14 9AF3
£133.5K02/210.32 mi91, Ivyhouse Lane, Bilston, West Midlands WV14 9JX3
£122K01/210.32 mi125, Ivyhouse Lane, Bilston, West Midlands WV14 9JX3
£190K12/200.34 mi1, Smith Close, Bilston, West Midlands WV14 9SG3
£185K04/210.34 mi54, Tunnel Street, Bilston, West Midlands WV14 9DE3
£212K07/230.35 mi39, Mount Pleasant Street, Coseley, Bilston, West Midlands WV14 9JR3
£150K03/210.35 mi23, Mount Pleasant Street, Coseley, Bilston, West Midlands WV14 9JR3
£186K04/210.35 mi5, Mount Pleasant Street, Coseley, Bilston, West Midlands WV14 9JR3
£211.5K05/230.37 mi17, Bank Street, Coseley, Bilston, West Midlands WV14 9JN3
£178K09/210.37 mi41, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£190K03/230.37 mi4, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£174.9K08/210.37 mi50, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£210K10/230.37 mi1, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£180K11/210.37 mi11, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£205K11/230.37 mi106, Ivyhouse Lane, Bilston, West Midlands WV14 9LA3
£169.9K12/200.37 mi145, Ivyhouse Lane, Bilston, West Midlands WV14 9LA3
£155K02/210.37 mi19, Pointon Close, Bilston, West Midlands WV14 9XE3
£170.5K04/210.38 mi10, Watton Close, Bilston, West Midlands WV14 9SF3
£235K10/210.38 mi20, Ward Street, Coseley, Bilston, West Midlands WV14 9LQ3
£185K12/200.38 mi42, Ward Street, Coseley, Bilston, West Midlands WV14 9LQ3
£218K06/210.38 mi56, Ward Street, Coseley, Bilston, West Midlands WV14 9LQ3

Local Rents

12 rents from £795/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20004/250.3 mi-3
£1,19511/240.33 miHavacre Lane, Coseley, Wolverhampton3
£1,10001/250.34 mi-3
£79511/240.35 miMount Pleasant Street, Bilston, WV143
£1,25012/240.38 mi-3
£1,65004/250.38 mi-3
£1,65004/250.38 mi-3
£1,65004/250.38 mi-3
£1,65004/250.38 mi-3
£1,20011/240.5 miElmdale Road, BILSTON3
£99511/240.51 mi-3
£1,15011/240.58 miFinney Well Close, Bilston3

Local Area Statistics

Population in WV14

46,931

Town centre distance

0.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £199,950

March 1, 2025

Floor Plans

Description

  • SEMI-DETACHED FAMILY HOME OCCUPYING A QUIET CUL-DE-SAC POSITION +
  • MINING INTERPRETIVE AVAILABLE UPON REQUEST - CASH BUYERS PREFERRED +
  • EXTENSIVE, DELIGHTFUL AND PRIVATE REAR GARDEN +
  • THREE BEDROOMS +
  • 14ft LIVING ROOM PLUS CONSERVATORY +
  • 19ft DINING KITCHEN PLUS USEFUL UTILITY AREA +
  • FIRST FLOOR SHOWER ROOM +
  • CENTRAL HEATING AND DOUBLE GLAZING +
  • OFF ROAD PARKING PLUS 20ft GARAGE +
  • MUST BE SEEN TO BE APPRECIATED +

A spacious semi-detached property occupying a pleasant position at the head of a quiet cul-de-sac in a popular residential area local to a range of amenities. This well maintained three bedroom family home with an extensive rear garden is offered for sale with no upward chain and interior viewing is highly recommended.
The substantial property has been well maintained and offers great potential. Noteworthy features to this delightful home include: a homely living room, conservatory, dining kitchen, useful utility area, three bedrooms, shower room, garage and driveway to the front providing off road parking. The property is centrally heated and double glazed (both where specified).
The property is situated in an old coal mining area and mortgage availability may be limited. Cash buyers preferred. Mining Interpretive report available upon request.
Council Tax Band C
Energy Rating D.
Tenure FREEHOLD.

Agent Details

Skitts Estate Agents, Sedgley

01902 943983

Next Steps?

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