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2 Bed Terraced House For Sale Vicarage Road, Stourbridge, DY9

£100,000- Terraced

Yield: 6.69%
1 of 12
Yield: 6.69%
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  • Rental Guide: £445 - £560
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Buy To Let Opportunity
  • Great First Time Buy
  • Three Bedrooms
  • Wet Room
  • Cellar
  • No Upward Chain
Last Updated: 27th February 2020

Description

Lex allan are proud to present this fantastic three bedroom, mid terrace property which would be ideal as a buy to let investment, or a property to put your own stamp on. In brief this property comprises; Porch, entrance hall, lounge, dining room, kitchen, downstairs W.C, three bedrooms, wet room and cellar - VIEWINGS AVAILABLE IMMEDIATELY!

Porch - With door to the front elevation and door to the entrance hall.

Entrance Hall - With doors to various rooms, central heated radiator and stairs to the first floor landing.

Lounge - 4.22m (into bay) x 3.63m (max) (13'10 (into bay) x - With a double glazed bay window to the front elevation, gas fireplace and a central heated radiator.

Dining Room - 3.84m x 3.61m (12'07 x 11'10) - With a double glazed window to the rear elevation, door to the cellar, door to the kitchen, gas fireplace and a central heated radiator.

Kitchen - 3.35m x 2.11m (11'00 x 6'11) - With a double glazed window to the side elevation, a door to the side elevation, stainless steel sink/drainer, a variety of base units, space for a fridge and washing machine and an oven with gas hob.

Downstairs W.C - With a double glazed window to the side elevation, W.C, wash hand basin and central heating boiler.

Bedroom One - 4.70m x 3.58m (15'05 x 11'09) - With two double glazed windows to the front elevation and a central heated radiator.

Bedroom Two - 3.63m x 2.90m (11'11 x 9'06) - With a double glazed window to the rear elevation.

Bedroom Three/ Through Room - 2.49m x 2.13m (8'02 x 7'00) - With a double glazed window to the side elevation and access to the wet room.

Wet Room - Being accessed via bedroom three, a wet room with electric shower, W.C, wash hand basin, double glazed windows to the side and rear elevations, central heated radiator and extractor fan.

Cellar - 4.75m x 4.17m (max) (15'07 x 13'08 (max)) - With stairs leading down from the dining room and a ceiling light point.

Rear Garden - A pleasant rear garden with courtyard area leading to tiered lawn.

The Location - Vicarage Rd is conveniently located for access to Lye High Street and it’s range of shops and local amenities. Stourbridge town centre lies a few miles further afield, and there are good local schools covering all age ranges. The commuter is well served by efficient local bus routes, particularly on the nearby Stourbridge Road, and Lye makes an excellent base for those working in nearby towns, such as Stourbridge, Halesowen and Birmingham, with the M5 motorway network readily accessible.

Tenure - References to the tenure of a property are based on information supplied by the seller. We are advised that the property is freehold. A buyer is advised to obtain verification from their solicitor.

Money Laundering Regulations - In order to comply with Money Laundering Regulations, from June 2017, all prospective purchasers are required to provide the following - 1. Satisfactory photographic identification. 2. Proof of address/residency. 3. Verification of the source of purchase funds. In the absence of being able to provide appropriate physical copies of the above, Lex Allan reserves the right to obtain electronic verification.

Referral Fees - We can confirm that if we are sourcing a quotation or quotations on your behalf relevant to the costs that you are likely to incur for the professional handling of the conveyancing process. You should be aware that we could receive a maximum referral fee of approximately £175 should you decide to proceed with the engagement of the solicitor in question. We are informed that solicitors are happy to pay this referral fee to ourselves as your agent as it significantly reduces the marketing costs that they have to allocate to sourcing new business. The referral fee is NOT added to the conveyancing charges that would ordinarily be quoted.

We can also confirm that if we have provided your details to Infinity Financial Advice who we are confident are well placed to provide you with the very best possible advice relevant to your borrowing requirements. You should be aware that we receive a referral fee from Infinity for recommending their services. The charges that you will incur with them and all the products that they introduce to you will in no way be affected by this referral fee. On average the referral fees that we have received recently are £218 per case.

The same also applies if we have introduced you to the services of Mr Tony Lowe of Green Street Surveys who we are confident will provide you with a first class service relevant to your property needs, we will again receive a referral fee equivalent to 25% of the fee that you pay to Green Street Surveys. This referral fee does not impact the actual fee that you would pay Green Street Surveys had you approached them direct as it is paid to us as an intermediary on the basis that we save them significant marketing expenditure in so doing. If you have any queries regarding the above, please feel free to contact us.

Nearby Stations

  • Lye (West Midlands) Rail Station (0.2 miles away)
  • Stourbridge Junction Rail Station (1.2 miles away)
  • Stourbridge Junction Rail Station (1.2 miles away)
  • Cradley Heath Rail Station (1.2 miles away)
  • Stourbridge Town Rail Station (1.3 miles away)

Nearby Schools

  • Butterfly Children's Centre (0.1 miles away)
  • Wollescote Primary School (0.3 miles away)
  • The Old Park School (0.6 miles away)
  • Thorns Primary School (0.6 miles away)
  • Rufford Primary School (0.7 miles away)
Agent Details
Lex Allan
The Auction House, 87/88 St. Johns Road, Stourbridge, DY8 1EH

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in close proximity are mostly listed £0 - £558 – 0 recently listed properties were found in that band. However, the highest were £0, £0, £0.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested