3 Bed Terraced House, Refurb/BRRR, Kidderminster, DY11 5AB, £160,000

22 The Patios, Kidderminster, Worcestershire, DY11 5AB - 7 views - 2 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£135K - £375K
Sold Prices/m²£1.4K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£164,800
BMV3%

 

 

End Value (After Refurb)

£222,591

Uplift in Value

+39%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£36,665

Bridging Loan Interest

£4,200

Total Cash In

£91,815

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£222,591

Mortgage (After Refinance)

£166,943

Mortgage LTV

75%

Cash Released

£46,943

Cash Left In

£44,872

Equity

£55,648

Rent Range

£750 - £1,395

Rent Estimate

£1,058

Running Costs/mo

£927

Cashflow/mo

£131

Cashflow/yr

£1,570

ROI

2%

Gross Yield

8%

Local Sold Prices

52 sold prices from £135K to £375K, average is £216.3K. £1.4K/m² to £5.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£135K03/210 mi34, The Patios, Kidderminster, Worcestershire DY11 5AB3
£175K03/230 mi35, The Patios, Kidderminster, Worcestershire DY11 5AB3
£155K09/210.09 mi19, Marlpool Lane, Kidderminster, Worcestershire DY11 5DA3
£212K04/230.09 mi282, Marlpool Lane, Kidderminster, Worcestershire DY11 5DA3
£250K11/220.09 mi11, Cedar Drive, Kidderminster, Worcestershire DY11 6AH3
£222K06/210.12 mi22, Mason Road, Kidderminster, Worcestershire DY11 6AG3
£167.5K07/210.14 mi8, Whitville Close, Kidderminster, Worcestershire DY11 5AH3
£215K06/210.14 mi18, Church Walk, Kidderminster, Worcestershire DY11 6XY3
£250K01/210.14 mi24, Church Walk, Kidderminster, Worcestershire DY11 6XZ3
£170K06/210.17 mi12, Lakes Close, Kidderminster, Worcestershire DY11 5AJ3
£350K02/230.19 mi6, Blakebrook Close, Kidderminster, Worcestershire DY11 6AW3
£166K02/210.19 mi14, Hay Close, Kidderminster, Worcestershire DY11 5DH3
£180K07/210.19 mi10, Hay Close, Kidderminster, Worcestershire DY11 5DH3
£280K11/210.22 mi22, Habberley Road, Kidderminster, Worcestershire DY11 6AA3
£250K04/230.22 mi27, Woodland Avenue, Kidderminster, Worcestershire DY11 5AW3
£310K10/220.22 mi36, Woodland Avenue, Kidderminster, Worcestershire DY11 5AW3
£305K05/210.23 mi5, Moule Close, Kidderminster, Worcestershire DY11 6AL3
£310K10/220.24 mi14, Woodland Avenue, Kidderminster, Worcestershire DY11 5AW3
£185K06/210.27 mi52, Mill Street, Kidderminster, Worcestershire DY11 6XB3
£145K04/210.28 mi28, Mill Lane, Kidderminster, Worcestershire DY11 6YG3
£260K07/210.28 mi32, Brook Street, Kidderminster, Worcestershire DY11 6RH3
£191.8K03/210.35 mi1, Gardeners Close, Kidderminster, Worcestershire DY11 5DW3
£375K06/210.36 mi48, Habberley Road, Kidderminster, Worcestershire DY11 5PE3
£190.8K07/210.36 mi103, Bewdley Road, Kidderminster, Worcestershire DY11 6RL3
£265K05/230.37 mi18, Willowfield Drive, Kidderminster, Worcestershire DY11 5DN3
£245K11/200.38 miWestville, Blakebrook, Kidderminster, Worcestershire DY11 6AR3
£325K12/200.39 mi152, St Johns Avenue, Kidderminster, Worcestershire DY11 6AT3
£202K02/230.4 mi11, Cobden Street, Kidderminster, Worcestershire DY11 6RP3
£230K03/210.41 mi10, Summer Place, Kidderminster, Worcestershire DY11 6QH3
£290K06/210.42 mi1, Renfrew Gardens, Kidderminster, Worcestershire DY11 6BA3
£230K11/200.44 mi195, Marlpool Lane, Kidderminster, Worcestershire DY11 5HP3
£291K06/210.44 mi178, Marlpool Lane, Kidderminster, Worcestershire DY11 5HP3
£226K06/230.44 mi194, Marlpool Lane, Kidderminster, Worcestershire DY11 5HP3
£222.8K07/230.44 mi201, Marlpool Lane, Kidderminster, Worcestershire DY11 5HP3
£214K07/230.44 mi193, Marlpool Lane, Kidderminster, Worcestershire DY11 5HP3
£163K07/230.45 mi63, Peel Street, Kidderminster, Worcestershire DY11 6UQ3
£168K12/210.46 mi20, Cobden Street, Kidderminster, Worcestershire DY11 6RR3
£175K11/220.46 mi32, Cobden Street, Kidderminster, Worcestershire DY11 6RR3
£169.5K07/230.46 mi51, Cobden Street, Kidderminster, Worcestershire DY11 6RR3
£169.5K07/230.46 mi51, Cobden Street, Kidderminster, Worcestershire DY11 6RR3
£140K07/230.46 mi143, Park Street, Kidderminster, Worcestershire DY11 6TW3
£140K07/230.46 mi143, Park Street, Kidderminster, Worcestershire DY11 6TW3
£200K04/210.47 mi24, Butler Best Way, Kidderminster, Worcestershire DY10 2GA3
£245K12/200.47 mi6, Whitburn Close, Kidderminster, Worcestershire DY11 6BH3
£250K03/210.47 mi9, Whitburn Close, Kidderminster, Worcestershire DY11 6BH3
£217.5K02/210.48 mi46, Beaulieu Close, Kidderminster, Worcestershire DY11 5EE3
£230K09/210.48 mi58, Beaulieu Close, Kidderminster, Worcestershire DY11 5EE3
£182K11/200.48 mi15, Chestnut Grove, Kidderminster, Worcestershire DY11 5QA3
£167K03/210.48 mi64, Chestnut Grove, Kidderminster, Worcestershire DY11 5QA3
£167K02/230.48 mi15, Woodfield Crescent, Kidderminster, Worcestershire DY11 6TX3
£226K11/220.48 mi20, Butler Best Way, Kidderminster, Worcestershire DY10 2GA3
£304K10/220.49 mi154, Bewdley Hill, Kidderminster, Worcestershire DY11 6BS3

Local Rents

27 rents from £750/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,10004/250.13 mi-3
£97512/240.19 miWoodfield Street, Kidderminster, Worcestershire, DY113
£1,30012/240.31 mi-3
£1,30004/250.31 mi-3
£97512/240.38 miWood Street, Worcestershire3
£99507/230.43 mi-3
£99507/230.43 mi-3
£1,25004/250.43 mi-3
£75003/240.46 mi-3
£75003/240.46 mi-3
£90012/240.49 mi-3
£90012/240.49 mi-3
£1,15006/240.55 mi-3
£1,15006/240.55 mi-3
£1,15006/240.55 mi-3
£1,10003/240.55 miWestcott Road, Kidderminster, DY103
£1,10012/240.55 miWestcott Road, Kidderminster, DY103
£1,00002/250.55 mi-3
£1,10012/240.56 miNursery Close, Kidderminster, Worcestershire, DY113
£1,00012/240.56 miNursery Close, Kidderminster, Worcestershire, DY113
£97512/240.59 miSutton Road, Kidderminster, Worcestershire3
£95012/240.59 miLansdown Green, Kidderminster, Worcestershire, DY113
£85004/240.6 miWaterside Grange, KIDDERMINSTER3
£90012/240.62 mi-3
£1,10003/250.62 mi-3
£1,39512/240.62 mi-3
£1,39512/240.62 mi-3

Local Area Statistics

Population in DY11

30,309

Population in Kidderminster

74,037

Town centre distance

1.01 miles away

Nearest school

0.30 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Balanced market

Capital growth (5yrs)

+25%

Property History

Listed for £160,000

March 13, 2025

Floor Plans

Description

  • Located in a popular and sought after area of Kidderminster. +
  • Filled with potential for modernisation. +
  • 3 Bedrooms. +
  • Garage and driveway. +

Coming to the market for the first time since we sold it to them in 1961, 22 The Patios is a family home set within the popular Franche area of town, close to local schools and just half a mile distant from Kidderminster town itself.
Looking for a project? then this is for you.
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Energy rating D

Agent Details

Phipps & Pritchard, Kidderminster

01562 543978

Next Steps?

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