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1 bed flat for sale

£90,000 Offers in region of

Apartment 6, Herbert Street, Redditch B98

1 1 1
Interested in this property? Call +44 1527 329607 * or

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

Property features

  • One Double Bedroom Apartment
  • Situated On The First Floor Of A Smart Three Storey Building
  • Town Centre Location
  • Close To Redditch Train & Bus Station
  • Fully Refurbished Accommodation
  • Sold With 125 Year Lease & Share Of Freehold
  • Open Plan Kitchen / Living Room
  • Kitchen inc; Oven; Ceramic Hob; Extractor & Integral Fridge
  • No Upward Chain
  • Ideal Investment Purchase

Property description

**Open Viewing, Saturday 24th June, 10:00 am-12:00 noon** No Appointment Necessary**. This beautifully finished one double bedroom first floor apartment is set within a smart three storey building of only nine apartments in total. Ideally placed for access to Redditch Train & Bus Station, this represents an excellent rental opportunity with yields anticipated between 7.3% - 8.1%.


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £185,777 Sales 521 Current average value £189,707 (Zoopla Zed-Index) Value change £5,760 ▲ 3.13%

Property value data/graphs for B98

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £295,996 £241 3.7 £284,839
Semi-detached £184,076 £212 3.0 £183,372
Terraced £140,064 £165 3.0 £147,338
Flats £117,568 £194 1.6 £117,544

Current asking prices in B98

Average: £198,192
Avg. current asking prices in B98
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £185,272
(18)
£180,509
(48)
£311,574
(19)
£503,750
(4)
Flats £99,250
(7)
£143,377
(29)
£160,000
(1)
- -
All £99,250
(7)
£159,422
(47)
£180,091
(49)
£311,574
(19)
£503,750
(4)

Current asking rents in B98

Average: £556 pcm
Avg. current asking prices in B98
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £394 pcm
(13)
£660 pcm
(3)
£733 pcm
(8)
- £412 pcm
(1)
Flats £513 pcm
(8)
£597 pcm
(3)
- - -
All £439 pcm
(21)
£628 pcm
(6)
£733 pcm
(8)
- £412 pcm
(1)

Fun facts for B98

Highest value in B98
Highest value streets Zed-Index
Hither Green Lane £544,936
Dagnell End Road £534,095
Icknield Street £466,038
Icknield Street £463,899
Beoley Lane £367,656
Highest turnover in B98
Highest turnover streets Turnover
Mallard Close 50.0%
Parkfield Close 50.0%
Glebe Close 46.2%
Skilts Avenue 45.5%
Ganborough Close 45.5%

What Zoopla users think of Redditch

Overall rating:

  • currently 4 stars
Very good - 77% (97 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Redditch:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Redditch (0.3 miles)
  • Alvechurch (2.9 miles)
  • Barnt Green (4.3 miles)
  • Birmingham International Airport (12.9 miles)
  • Coventry Airport (19.9 miles)
  • East Midlands Airport (44.4 miles)
  • Sharpness Old Docks (46.5 miles)
  • Lydney Harbour (47.9 miles)
  • Bristol Docks Ferry Landing (64.5 miles)

Nearby schools

View all schools in Redditch
  • Holyoakes Field First School (0.3 miles)
  • St Stephen's CofE First School (0.5 miles)
  • St George's CofE First School (0.5 miles)
  • Trinity High School and Sixth Form Centre (0.2 miles)
  • Heart of Worcestershire College (0.2 miles)
  • Arrow Vale RSA Academy (1.9 miles)
  • Birchensale Middle School (0.6 miles)
  • St Bede's Catholic Middle School (0.7 miles)
  • Pitcheroak School (0.9 miles)
Note: Distances are straight line measurements

Local info for Redditch

About the neighbours in B98

AskMe Q&A for Redditch

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For more information about this property, please contact
Jeremy McGinn & Co, B98 on +44 1527 329607 * (local rate)

Monthly running costs Beta

£514 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,000
Repayment term 25
Interest rate 1.5
Your payment £323 /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 £14/mo (£162/yr) 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 £20 Electricity £27 Estimated energy cost £47/mo 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: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Redditch

Estimated tax band A Council tax cost £110 /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 £11 Sewerage £9 Estimated water cost £20 /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.

Contact Jeremy McGinn & Co about this property

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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 Jeremy McGinn & Co, and do not constitute property particulars. Please contact Jeremy McGinn & Co 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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