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3 bed terraced house for sale

£185,000

Lydbrook Covert, Kings Norton, Birmingham B38

3 bed terraced house for sale 3 1 1
Interested in this property? Call +44 121 659 9732 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Sold With a Tenant In Situ Paying £900 pcm (£10,800 Per Annum)
  • Great Buy to Let Opportunity
  • Three Bedrooms
  • Downstairs WC
  • Bathroom
  • Kitchen/DIner
  • Council Tax Band A
  • EPC Rating C
  • Front & Rear Gardens

Property description

*** fantastic opportunity for buy to let investors only - long term tenant in situ ***
A well presented three bedroom mid terrace house with a tenant in situ, situated in a quiet cul-de-sac in Kings Norton, Birmingham, Tenant is paying £900 pcm.

Description

The property in brief comprises porch, hall, downstairs wc, lounge, kitchen/diner having a range of wall & base units, patio doors to rear garden.

Stairs to first floor landing, master bedroom, double bedroom two, bedroom three, bathroom comprising wc, hand wash basin, bath with shower over.

Outside

Outside, the front of the property has a pave path to the property, lawn, and hedged boundaries.

The rear garden has a pave patio, lawn, rear gate access and fenced boundaries

Location

The property is located in a quiet cul-de-sac in Kings Norton, close to shops, schools and amenities, and has easy access for commuters into Birmingham New Street via Kings Norton Train Station, also close to the motorway networks for M42 & M5. Longbridge Town Centre Development is near by where there is a variety of retail outlets including a large M&S.

Tenure

The vendor has informed us that this property is freehold, but all prospective purchasers will have this verified with their solicitor

Lounge (4.45m x 3.53m (14'07 x 11'07))

Kitchen/Diner (5.44m x 2.64m (17'10 x 8'08 ))

Master Bedroom (3.76m x 3.35m (12'04 x 11'00))

Bedroom Two (3.63m x 2.72m (11'11 x 8'11))

Bedroom Three (2.69m x 2.34m (8'10 x 7'08))

Bathroom (2.06m x 2.01m (6'09 x 6'07))

Property info

Property value data/graphs for B38

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £409,761 £233 3.9 £333,433
Semi-detached £241,570 £206 3.1 £231,144
Terraced £233,687 £170 2.8 £189,672
Flats £181,415 £158 1.7 £112,031

Current asking prices in B38

Average: £336,985
Avg. current asking prices in B38
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £217,950
(1)
£206,765
(13)
£265,564
(39)
£559,541
(11)
£908,333
(3)
Flats £121,590
(5)
£212,500
(2)
- - -
All £137,650
(6)
£207,530
(15)
£265,564
(39)
£559,541
(11)
£908,333
(3)

Current asking rents in B38

Average: £1,303 pcm
Avg. current asking prices in B38
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £1,151 pcm
(2)
£1,499 pcm
(1)
£2,999 pcm
(1)
Flats £663 pcm
(2)
£1,001 pcm
(1)
£1,300 pcm
(1)
- -
All £663 pcm
(2)
£1,001 pcm
(1)
£1,200 pcm
(3)
£1,499 pcm
(1)
£2,999 pcm
(1)

Fun facts for B38

Highest value in B38
Highest value streets Zed-Index
Hazelbank £641,001
Fairmead Rise £628,528
Grange Hill Road £602,219
Grassmoor Road £549,197
Westhill Road £457,027
Highest turnover in B38
Highest turnover streets Turnover
Riverside Court 58.3%
Schoolhouse Close 40.0%
Grovewood Drive 38.5%
Monksway 36.5%
Beech Hurst 33.3%
Arrange Viewing

For more information about this property, please contact
Dunedin Sales & Lettings, B45 on +44 121 659 9732 * (local rate)

Monthly running costs Beta

£943 Monthly total

Mortgage

Purchase price
Deposit (10%) 18,500
Repayment term 25
Interest rate 2.0
Your payment £705 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £12/mo (£147/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £30 Electricity £50 Estimated energy cost £80/mo How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 12500 kWh/year
Electricity: 3600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band B Council tax cost £112 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £15 Estimated water cost £34 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dunedin Sales & Lettings, and do not constitute property particulars. Please contact Dunedin Sales & Lettings for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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