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3 Bed Bungalow House For Sale Beech Tree Close, Redditch, B97

£305,000- Bungalow

Yield: 3.34%
1 of 15
Yield: 3.34%
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  • Rental Guide: £750 - £850
  • 3 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
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Key Features

  • Detached Bungalow
  • Refurbished Throughout To A High Spec
  • Spacious Lounge
  • Modern Fitted Kitchen
  • Three Bedrooms
  • Shower Room And En-suite Bathroom
  • Beautiful Gardens & Driveway
  • Epc - E
Last Updated: 31st May 2020

Description


A fine example of a semi-detached three bedroom bungalow, having been loving refurbished throughout to a very high standard, situated in an ideal location in Batchley, Redditch.

In brief the stunning property consists of an entrance hall, opening into the spacious lounge with recessed ceiling lighting, with door to the rear garden and access into the contemporary kitchen offering space for an american style fridge freezer, integrated oven with gas hob and extractor hood over and built in dishwasher, a spacious master bedroom to the front, a great sized double bedroom two to the rear offering a modern refitted bathroom with a spa style bathtub, a further well sized bedroom three and high spec family shower room.

To the rear situates beautiful well-maintained gardens offering an initial covered porch area, patio space for garden furniture, a raised grassy lawn, two timber sheds for storage and side access to the front, which offers further well-maintained gardens with planted boarders, block paved driveway and hedgerows separating from the road.

The property further benefits from having being refurbished throughout with new bathrooms, new flooring, refitted kitchen, boiler and boarded loft space with pull down ladder.

Well situated nearby to local shops, amenities and a short distance from local primary and secondary schooling. Nearby parks are also easily accessible and ease of access to major road and commuter links. 
Agent Details
A P Morgan Estate Agents
12 Church Green East, Redditch, B98 8BP
Show Contact Number
01527 406 956

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
3.3

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

Good rental demand in this area.
10

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
8.7

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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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
3 bedroom properties in proximity are mostly listed £750 - £850 – 3 recently listed properties were found in that band. However, the highest were £895, £895, £850.

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