3 Bed Semi-Detached House, Single Let, Wednesbury, WS10 0EN, £110,000

Booth Road, Wednesbury, WS10 0EN - 6 views - a month ago

Auction
BTL
ROI: 23%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£115K - £315K
Sold Prices/m²£1.6K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.2K/m²

Value Estimate

£133,100
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£750 - £2,000

Rent Estimate

£1,283

Running Costs/mo

£620

Cashflow/mo

£663

Cashflow/yr

£7,952

ROI

23%

Gross Yield

14%

Local Sold Prices

50 sold prices from £115K to £315K, average is £184K. £1.6K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£195K03/230.13 mi151, Booth Road, Wednesbury, West Midlands WS10 0EW3
£167.5K12/200.13 mi117, Crankhall Lane, Wednesbury, West Midlands WS10 0EF3
£130K03/210.18 mi63, Griffiths Road, West Bromwich, West Midlands B71 2EJ3
£224K09/210.21 mi134, Hall Green Road, West Bromwich, West Midlands B71 2EA3
£280K04/230.21 mi26, Keir Road, Wednesbury, West Midlands WS10 0HL3
£170K04/230.22 mi51, Manor Road, Wednesbury, West Midlands WS10 0HP3
£135K07/210.22 mi62, Manor Road, Wednesbury, West Midlands WS10 0HP3
£145K05/210.22 mi38, Manor Road, Wednesbury, West Midlands WS10 0HP3
£158K04/210.24 mi35, Griffiths Road, West Bromwich, West Midlands B71 2EH3
£184K11/200.24 mi25, Griffiths Road, West Bromwich, West Midlands B71 2EH3
£184K11/200.24 mi25, Griffiths Road, West Bromwich, West Midlands B71 2EH3
£190K09/220.24 mi60, Crockford Road, West Bromwich, West Midlands B71 2ET3
£160K11/200.24 mi187, Crankhall Lane, Wednesbury, West Midlands WS10 0EE3
£157K04/230.25 mi206, Crankhall Lane, Wednesbury, West Midlands WS10 0EB3
£115K01/210.27 mi22, Dorsett Road, Wednesbury, West Midlands WS10 0JF3
£205.5K06/210.3 mi257, Hydes Road, West Bromwich, West Midlands B71 2EE3
£160K12/200.31 mi20, Price Road, Wednesbury, West Midlands WS10 0EZ3
£194K11/230.32 mi116, Bassett Road, Wednesbury, West Midlands WS10 0HH3
£315K05/230.32 mi240, Hydes Road, West Bromwich, West Midlands B71 2ED3
£180K11/210.33 mi10, Carrington Road, Wednesbury, West Midlands WS10 0HU3
£265K12/200.33 mi94, Hall Green Road, West Bromwich, West Midlands B71 3LB3
£275K04/210.33 mi88, Hall Green Road, West Bromwich, West Midlands B71 3LB3
£180K11/230.34 mi127, Carisbrooke Road, Wednesbury, West Midlands WS10 0JB3
£241.5K06/220.34 mi150, Hydes Road, West Bromwich, West Midlands B71 2EG3
£245K02/210.35 mi97, Hall Green Road, West Bromwich, West Midlands B71 3JT3
£195K12/230.36 mi23, Friar Park Road, Wednesbury, West Midlands WS10 0TA3
£247K01/230.36 mi25, Lincoln Road, West Bromwich, West Midlands B71 2JE3
£135K07/210.38 mi79, Dorsett Road, Wednesbury, West Midlands WS10 0JQ3
£195K08/230.38 mi11, Remembrance Road, Wednesbury, West Midlands WS10 0TE3
£195K07/210.39 mi7, Hillary Avenue, Wednesbury, West Midlands WS10 0HE3
£232K07/230.39 mi7, Hillary Avenue, Wednesbury, West Midlands WS10 0HE3
£185K02/210.39 mi1, Rydding Lane, West Bromwich, West Midlands B71 2EU3
£262K09/230.4 mi14, Riverway, Wednesbury, West Midlands WS10 0DN3
£160K11/200.41 mi252, Crankhall Lane, Wednesbury, West Midlands WS10 0DZ3
£158.5K12/200.41 mi224, Crankhall Lane, Wednesbury, West Midlands WS10 0DZ3
£215K01/230.42 mi97, Woden Road South, Wednesbury, West Midlands WS10 0DP3
£145K02/210.42 mi14, Richard Williams Road, Wednesbury, West Midlands WS10 0QT3
£187.3K05/230.42 mi34, School Road, Wednesbury, West Midlands WS10 0LA3
£238.5K05/240.43 mi8, Scott Avenue, Wednesbury, West Midlands WS10 0DL3
£115K01/210.43 mi183, Carisbrooke Road, Wednesbury, West Midlands WS10 0HZ3
£180K03/210.45 mi64, Lincoln Road, West Bromwich, West Midlands B71 2JF3
£236K02/210.46 mi48, Hall Green Road, West Bromwich, West Midlands B71 3LA3
£245K05/230.46 mi29, Shaftesbury Road, Wednesbury, West Midlands WS10 0DJ3
£143K03/210.48 mi51, Canterbury Road, West Bromwich, West Midlands B71 2LE3
£175K11/210.48 mi32, Glastonbury Road, West Bromwich, West Midlands B71 2LL3
£180K11/200.48 mi30, Glastonbury Road, West Bromwich, West Midlands B71 2LL3
£183K06/210.48 mi37, Sandfield Road, West Bromwich, West Midlands B71 3NF3
£194.5K02/210.48 mi25, Sandfield Road, West Bromwich, West Midlands B71 3NF3
£120K12/200.49 mi28, Millfields Road, West Bromwich, West Midlands B71 2NP3
£120K12/200.49 mi28, Millfields Road, West Bromwich, West Midlands B71 2NP3

Local Rents

24 rents from £750/mo to £2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20002/250.12 mi-3
£1,90012/240.28 mi-3
£2,00003/250.28 mi-3
£1,29512/240.34 miRoman Way, West Bromwich3
£1,29512/240.36 miRoman Way, West Bromwich, B713
£1,29512/240.36 miRoman Way, West Bromwich3
£1,29512/240.36 miRoman Way, West Bromwich3
£1,29512/240.36 miMillfields, West Bromwich, B713
£1,29512/240.36 miMillfields, West Bromwich, B713
£1,29512/240.36 miMillfields, West Bromwich, B713
£1,29512/240.36 miMillfields, West Bromwich, B713
£1,29512/240.36 miRoman Way, West Bromwich, B713
£1,29512/240.36 miRoman Way, West Bromwich, B713
£1,29512/240.38 miMillfields, West Bromwich, B713
£1,29512/240.38 miRoman Way, West Bromwich3
£1,29512/240.38 miMillfields, West Bromwich, B713
£1,29512/240.38 miRoman Way, West Bromwich3
£1,29512/240.38 miRoman Way, West Bromwich3
£1,29512/240.38 miRoman Way, West Bromwich3
£1,29512/240.38 miRoman Way, West Bromwich3
£1,29512/240.38 miRoman Way, West Bromwich3
£1,29512/240.38 miRoman Way, West Bromwich3
£75011/240.38 miDorsett Road, Wednesbury, WS103
£90011/240.43 miCarisbrooke Road, WEDNESBURY3

Local Area Statistics

Population in WS10

46,704

Population in Wednesbury

46,710

Town centre distance

1.32 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental growth (12m)

+178%

Sales demand

Seller's market

Capital growth (5yrs)

+42%

Property History

Listed for £110,000

March 31, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • THREE BEDROOMS +
  • SEMI DETACHED PROPERTY +
  • DRIVEWAY +
  • DOWNSTAIRS W/C +
  • FAMILY BATHROOM +

SUMMARY
THREE BEDROOM SEMI DETACHED PROPERTY IDEAL FOR INVESTMENT PURCHASER, AS REQUIRES FULL REFURBISH THROUGHOUT.

DESCRIPTION
Do you need help selling your property?
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Here at Paul Dubberley Wednesbury we offer free advice on the house buying and selling process.
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Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Approach Via 
Public walk way with gate to front lawn and paved area. Gate opening to drive, side gate to garden and single glazed door into porch.

Porch  
Side and front aspect single glazed window and side aspect single glazed door to entrance hall.

Entrance Hall  
Side aspect single glazed window, radiator and doors to kitchen and lounge.

Lounge  16' 9" x 10' 9" ( 5.11m x 3.28m )
Front aspect double glazed window, rear aspect sliding double glazed door, radiator, space and connections for gas fire.

Kitchen  16' max x 11' 7" max ( 4.88m max x 3.53m max )
Rear and side aspect double glazed windows, radiator, base units, stainless steel sink and drainer, space and plumbing for washing machine, space for cooker and side aspect door to lean to:

Guest W/C 
w/c.

Lean To 
Single glazed window to rear and door.

Bedroom One  11' 6" x 8' 4" ( 3.51m x 2.54m )
dual aspect double glazed windows, radiator and fitted wardrobes.

Bedroom Two  11' 8" x 8' 4" ( 3.56m x 2.54m )
Dual aspect double glazed windows and radiator.

Bedroom Three 8' 2" in to wardrobe x 9' 5" ( 2.49m in to wardrobe x 2.87m )
Front aspect double glazed window, radiator and fitted wardrobes.

Bathroom  
Panel bath, pedestal hand wash basin, single glazed obscure window to side and radiator.

Rear Garden 
Paved patio area leading to lawn and fencing to boundaries.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Paul Dubberley & Co, Wednesbury

0121 387 6371

Next Steps?

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