2 bed flat for sale
Harrington Croft, West Bromwich B71
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Buy-to-Let Opportunity
- Long Term Tenant Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- 2 Bedrooms
- Three Piece Bathroom
- Lounge and Kitchen
- Parking Space
- Prime Rental Location Within West Bromwich
- Investment potential detailed below (Let Property Pack)
Property description
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 2 bedrooms, lounge, kitchen, three piece bathroom, and parking space.
Investment details
It currently produces an annual gross income of £7,800 which could be increased by the new owner to a market rate of £11,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion
Property info
Property value data/graphs for B71
Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
---|---|---|---|---|
Detached | £402,951 | £236 | 3.4 | £306,710 |
Semi-detached | £265,252 | £160 | 3.0 | £199,697 |
Terraced | £236,667 | £163 | 2.9 | £166,554 |
Flats | £157,522 | £141 | 1.7 | £89,438 |
Current asking prices in B71
Average: £265,203Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses | - |
£187,741 (18) |
£288,037 (67) |
£402,083 (12) |
£367,500 (4) |
Flats |
£77,500 (2) |
£103,923 (13) |
- | - | - |
All |
£77,500 (2) |
£152,591 (31) |
£288,037 (67) |
£402,083 (12) |
£367,500 (4) |
Current asking rents in B71
Average: £1,281 pcmProperty type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
---|---|---|---|---|---|
Houses | - |
£982 pcm (3) |
£1,312 pcm (8) |
£1,814 pcm (3) |
£1,900 pcm (2) |
Flats |
£546 pcm (1) |
£849 pcm (1) |
- | - | - |
All |
£546 pcm (1) |
£949 pcm (4) |
£1,312 pcm (8) |
£1,814 pcm (3) |
£1,900 pcm (2) |
Fun facts for B71
Highest value streets | Zed-Index |
---|---|
Bassett Crescent | £482,282 |
Cottesmore Close | £387,357 |
Bird End | £372,567 |
Marnham Road | £366,939 |
Hopkins Drive | £340,022 |
Highest turnover streets | Turnover |
---|---|
Lloyd Street | 41.7% |
Wilkes Street | 36.4% |
Graham Road | 32.1% |
Tantany Lane | 28.0% |
Turners Croft | 27.3% |
For more information about this property, please contact
Let Property, G12 on +44 141 376 0473 * (local rate)
Monthly running costs Beta
Mortgage
In association withThese 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
Contents value up to £15,000 Average insurance cost £15/mo (£181/yr)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
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: 7900 kWh/year
Electricity: 2600 kWh/year
Source: National Energy Efficiency Data Framework
Water
Supply £13 Sewerage £20 Estimated water cost £33 /moWater 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.
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Let Property, and do not constitute property particulars. Please contact Let Property 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.