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Redditch, B97

£125,000|Flat | 1 bedroom | Leasehold|↓28.57% compared to last sold price
Approximate area: B97
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Added on 8th June 2024 by Lamberts Sales and Lettings, Worcestershire
On the market for 2 years, 3 months
Summary
Modern one bedroom ground floor apartment with long-term tenant in situ, 981-year lease, low service charge, no ground rent, gated parking, near Redditch centre, £650pcm potential.
Price history
2017 £175,000
£120k£140k£160k£180k2017202020232026Asking £125,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 29th November 2024 - Valid
EPC rating: D
Property age: 1900-1929
EPC energy efficiency rating: current 63, potential 79
Rent data
26 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £700 to £1,250 which represents a yield of between 6.7% and 12% if buying at the asking price
A yield of 7.5% to 13.3% if purchased for 90% of the asking price (£112,500)
A yield of 8.4% to 15% if purchased for 80% of the asking price (£100,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £6,250.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None