3 Bed Terraced House, Single Let, Tipton, DY4 9LU, £230,000

1 Richards Road, Tipton, DY4 9LU - a month ago

BTL
ROI: 1%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£115K - £305K
Sold Prices/m²£1.4K/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£203,764

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£950 - £1,600

Rent Estimate

£1,000

Running Costs/mo

£939

Cashflow/mo

£61

Cashflow/yr

£735

ROI

1%

Gross Yield

5%

Local Sold Prices

52 sold prices from £115K to £305K, average is £183.8K. £1.4K/m² to £3.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£175K03/210.07 mi26, Allen Road, Tipton, West Midlands DY4 9LS3
£182.5K09/210.11 mi12, Cranmore Close, Tipton, West Midlands DY4 0TR3
£227K03/230.11 mi2, Cranmore Close, Tipton, West Midlands DY4 0TR3
£157K05/210.16 mi1, Field Road, Tipton, West Midlands DY4 0TN3
£128K10/200.2 mi31, Eastfield Road, Tipton, West Midlands DY4 0TE3
£175K07/230.21 mi61, Upper Church Lane, Tipton, West Midlands DY4 9NB3
£175K07/230.21 mi61, Upper Church Lane, Tipton, West Midlands DY4 9NB3
£150K03/230.21 mi56, Andrew Road, Tipton, West Midlands DY4 0AJ3
£165K09/210.23 mi23, Manby Street, Tipton, West Midlands DY4 9NG3
£175K07/230.25 mi3, Richards Road, Tipton, West Midlands DY4 9JL3
£175K07/230.25 mi3, Richards Road, Tipton, West Midlands DY4 9JL3
£205K01/230.25 mi16, Adams Close, Tipton, West Midlands DY4 9LJ3
£305K07/230.26 mi30, Greenacre Road, Tipton, West Midlands DY4 0AR3
£154K08/210.26 mi15, Sandgate Road, Tipton, West Midlands DY4 0RZ3
£200K11/200.26 mi21, Greenacre Road, Tipton, West Midlands DY4 0AR3
£188K06/230.27 mi5, Lichfield Street, Tipton, West Midlands DY4 9NE3
£224K07/230.27 mi10, Lichfield Street, Tipton, West Midlands DY4 9NE3
£220K05/230.28 mi2, Turton Road, Tipton, West Midlands DY4 9LH3
£185K12/200.28 mi15, Andrew Road, Tipton, West Midlands DY4 0AW3
£170K03/210.28 mi19, Andrew Road, Tipton, West Midlands DY4 0AW3
£240K04/210.28 mi14, Andrew Road, Tipton, West Midlands DY4 0AW3
£155K05/230.29 mi29, Wordsworth Close, Tipton, West Midlands DY4 0TG3
£150K12/200.3 mi26, Batmans Hill Road, Tipton, West Midlands DY4 9LB3
£189.9K07/230.31 mi82, Rocket Pool Drive, Bilston, West Midlands WV14 8BD3
£240K04/210.31 mi5, Wells Close, Tipton, West Midlands DY4 0AP3
£273K12/220.31 mi5, Wells Close, Tipton, West Midlands DY4 0AP3
£135K02/210.34 mi39, Lichfield Street, Tipton, West Midlands DY4 9NL3
£148K11/210.34 mi57, Lichfield Street, Tipton, West Midlands DY4 9NL3
£260K03/230.34 mi141, Wednesbury Oak Road, Coseley, Tipton, West Midlands DY4 0BD3
£170K06/230.35 mi11, John F Kennedy Walk, Tipton, West Midlands DY4 0SF3
£165K04/210.35 mi16, Waring Close, Tipton, West Midlands DY4 9NW3
£240K01/230.36 mi21, Henn Drive, Tipton, West Midlands DY4 9NN3
£170K01/230.37 mi49, Brunel Drive, Tipton, West Midlands DY4 9LY3
£210K09/230.37 mi23, Brunel Drive, Tipton, West Midlands DY4 9LY3
£193K08/210.39 mi34, Kerr Drive, Tipton, West Midlands DY4 9NP3
£186K11/230.4 mi11, Weddell Wynd, Bilston, West Midlands WV14 8UH3
£195K03/210.41 mi36, Elizabeth Walk, Tipton, West Midlands DY4 0AX3
£195.1K12/200.41 mi12, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£227K06/210.41 mi22, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£235K02/230.41 mi8, Elizabeth Walk, Tipton, West Midlands DY4 0AZ3
£192K08/210.44 mi33, Peter Avenue, Bilston, West Midlands WV14 8UJ3
£150K03/210.44 mi37, Hall Lane, Tipton, West Midlands DY4 0XW3
£215K07/230.44 mi23, Oliver Crescent, Bilston, West Midlands WV14 8UG3
£195K03/210.44 mi29, Oliver Crescent, Bilston, West Midlands WV14 8UG3
£180K10/230.44 mi2, Bartlett Close, Tipton, West Midlands DY4 0BU3
£125K09/230.44 mi9, Jubilee Road, Tipton, West Midlands DY4 0QP3
£225K12/230.45 mi83, Batmans Hill Road, Bilston, West Midlands WV14 8TZ3
£165K06/210.45 mi16, Mills Walk, Tipton, West Midlands DY4 9HN3
£195K04/230.46 mi7, Henderson Walk, Tipton, West Midlands DY4 0SS3
£115K11/200.46 mi29, Daley Road, Bilston, West Midlands WV14 8AZ3
£150K04/210.46 mi6, Daley Road, Bilston, West Midlands WV14 8AZ3
£125K03/230.46 mi23, Daley Road, Bilston, West Midlands WV14 8AZ3

Local Rents

20 rents from £950/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20003/240.07 miWednesbury Oak Road, TIPTON3
£1,05005/240.11 mi-3
£1,10003/240.2 miEastfield Road, TIPTON3
£1,10004/240.2 miEastfield Road, TIPTON3
£1,10004/240.2 miEastfield Road, TIPTON3
£1,10004/240.2 miEastfield Road, TIPTON3
£1,00004/250.25 mi-3
£1,25003/240.28 miAndrew Road, TIPTON3
£95004/240.29 miShakespeare Road, Tipton3
£1,10003/240.36 miTipton, DY43
£1,10005/240.36 miTipton, DY43
£1,00005/240.43 miUpper Church Lane, Tipton3
£1,15004/250.43 mi-3
£1,60004/250.49 mi-3
£1,29503/250.5 mi-3
£1,35503/240.56 miCoseley New Village, Tipton3
£1,20003/240.57 miFlorence Road, Tipton, DY43
£1,00004/250.59 mi-3
£1,00003/250.59 mi-3
£97511/240.61 miFountain Lane, Bilston, West Midlands, WV143

Local Area Statistics

Population in DY4

43,161

Town centre distance

0.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £230,000

March 25, 2025

Floor Plans

Description

  • Three bedroom terraced property +
  • Lounge +
  • Fitted kitchen +
  • Shower room +
  • Well-maintained secure rear garden +
  • Gated driveway +
  • Ideal family home +

SUMMARY
Three bedroom terraced property Gated driveway Lounge Fitted kitchen Shower room Secure rear garden Viewings advised

DESCRIPTION
Three bedroom terraced property in Tipton. will make an ideal family home, the property benefits from local amenities close by and excellent transport links including the forthcoming tram and schools for children of all ages.

This property briefly comprises in more detail: On approach to the property is a fore garden, gated driveway, entrance porch, hallway, lounge, fitted kitchen, conservatory. Stairs ascend from the hallway to the first floor accommodation offering three bedrooms and shower room.

The property has a secure well-maintained rear garden, gated driveway making this a great place to live for first time buyers and families.

This is a suitable property both in its location and accommodation on offer, viewing the property is highly recommended.

Agents Note 
The Council Tax Band is A

Entrance Hall 
Double glazed door to front.

Lounge 12' x 13' 5" ( 3.66m x 4.09m )
Double glazed bay window to front, fireplace and central heating radiator.

Kitchen 14' 11" Max x 9' 11" Ex Door ( 4.55m Max x 3.02m Ex Door )
Fitted kitchen with a range of wall and base units with work surfaces over, double glazed window to rear, stainless steel one and half bowl sink drainer, tiled splash backs, gas cooker point with cooker hood over, storage cupboard, plumbing for washing machine, built in dishwasher, free standing american fridge/freezer, cupboard housing boiler, spotlights, tiled floor and central heating radiator.

Conservatory 11' 6" x 7' 5" ( 3.51m x 2.26m )
UPVC Construction, double glazed windows to rear and side and lighting.

Landing 
Stairs ascend from the hallway leading to three bedrooms and shower room and loft access.

Bedroom One 13' 6" x 12' 1" Max into Bay ( 4.11m x 3.68m Max into Bay )
Double glazed window to front, two large fitted wardrobes and central heating radiator.

Bedroom Two 12' 1" Max x 8' 7" ( 3.68m Max x 2.62m )
Double glazed window to rear and large fitted wardrobe.

Bedroom Three 6' x 9' 10" ( 1.83m x 3.00m )
Double glazed window to front, closet and central heating radiator.

Shower Room 
Double glazed window to rear, shower cubicle, w.c, wash hand basin, fully tiled and heated towel rail.

Front Garden 
Gated driveway with gate to shared entry way.

Rear Garden 
Paved patio area with artificial grass beyond and gate to shared entry way.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Shipways, Dudley

01380 711344

Next Steps?

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