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To book a viewing for this property, please call Move Places, on 01753 306729.

To book a viewing for this property, please call Move Places, on 01753 306729.

For Sale
£141,500 In Excess of

2 Bedroom House, Fairway Avenue, Tividale, B69

Fairway Avenue, Tividale, B69

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Suite 1, Europa House, 11 Marsham Way

Description

Alert: New BMV listing in Tividale, B69 1SU

PURCHASE PRICE - £141,500

Market Value - £175,000
Discount - 19%

PRICED TO SELL - WITH VACANT POSSESSION

POTENTIAL RENTAL INCOME - £1,050pcm
POTENTIAL YIELD - 8.9%
Cash Needed - 25%
Net Profit - £5,779.50
Return on Cash Employed - 13.6%

TENURE – Freehold
COUNCIL TAX BAND – B

Our estimated figures/ROI is based on a buy and refinance model. Market Value is calculated by our underwriting team using SOLD comparables, speaking with local agents and market information found online. Rental income assumes the estimated Market rent. Gross yield is market rent divided by Purchase price excluding fees. Interest assumes a 4.5% borrowing rate but you will need to adapt this for your own borrowing costs. Net profit amount is estimated rent minus mortgage payments. Deposit assumes 25% cash deposit and a mortgage of 75% loan to Value (LTV). ROCE assumes net rental income / cash deposit required at 25%.
Please enquire if you want a breakdown of our calculations.


EPC Rating: D

Property Details

  • Property type: House
  • Plot Sq Feet: 721 sqft
  • Council Tax Band: B
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

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Disclaimer - Property ID c9a331a6-e301-4306-9f6e-f3eee50ab2c3. The information displayed about this property comprises a property advertisement. Street.co.uk and Move Places makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.