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1 bed flat for sale

£89,950 From

The Broadway, Dudley DY1

1 1 1
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Property features

  • Investment Opportunity
  • 1 & 2 Bedroom Apartments
  • Apartments Available from £89,950
  • 6.8% roi
  • Central Dudley Location

Property description

Detailed Description

Investment Opportunity 1 &2 Bedroom Apartments

Nu:Move are proud to present a luxury development of 1 and 2 bedroom apartments situated inn the heart of Dudley. Investors can expect a yield of 6.8% Return on Investment.

Not only a flourishing economic location in its own right, Dudley sits less than 8 miles from the vibrant city of Birmingham. This makes it excellently positioned to feast off the benefits of a forward thinking, dynamic city. Energised by the youngest population in Europe, the region continues to enjoy a wealth of investment and regeneration and as a result, retain its position as one of the uk’s top property investment hotspots. Within a 10 minute walk from Dudley Central Business Centre, 25 minutes to Birmingham City Centre and 1hour and 40 minutes from Central London making it a viable commuting destination.

Direct access to Dudley bypass offers excellent access to the M5 Junction 2, effectively linking both the local and wider regions. Good quality bus and coach facilities can be found within walking distance to the development. Direct trains to London, Birmingham, Solihull, Stratford and Worcester as well as connecting services to Manchester and other key cities can all be accessed via the town’s train station.

Market activity
Average price paid £137,827 Sales 308 Current average value £163,696 (Zoopla Zed-Index) Value change £9,020 ▲ 5.83%

Property value data/graphs for DY1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £240,803 £185 3.6 £208,707
Semi-detached £142,313 £162 2.9 £127,756
Terraced £125,588 £151 2.8 £112,504
Flats £112,794 £167 1.7 £93,663

Current asking prices in DY1

Average: £144,816
Avg. current asking prices in DY1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £116,412
(12)
£149,576
(50)
£209,086
(11)
£190,000
(1)
Flats £82,238
(8)
£95,803
(16)
- - -
All £82,238
(8)
£104,636
(28)
£149,576
(50)
£209,086
(11)
£190,000
(1)

Current asking rents in DY1

Average: £512 pcm
Avg. current asking prices in DY1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £414 pcm
(2)
£573 pcm
(7)
£619 pcm
(5)
- -
Flats £447 pcm
(19)
£542 pcm
(12)
- - -
All £444 pcm
(21)
£553 pcm
(19)
£619 pcm
(5)
- -

Fun facts for DY1

Highest value in DY1
Highest value streets Zed-Index
Elmfield View £318,166
Priory Close £304,469
Dudmaston Way £283,451
Sovereign Drive £283,257
Montpellier Gardens £281,699
Highest turnover in DY1
Highest turnover streets Turnover
Turley Street 41.7%
Acacia Close 38.1%
Cardoness Place 36.7%
Belvoir Close 33.3%
Littleworth Avenue 33.3%

What Zoopla users think of Dudley

Overall rating:

  • currently 4 stars
Very good - 77% (125 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 Dudley:

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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

  • Tipton (1.4 miles)
  • Dudley Port (1.6 miles)
  • Coseley (2.3 miles)
  • Birmingham International Airport (14.6 miles)
  • Coventry Airport (27.2 miles)
  • East Midlands Airport (38.5 miles)
  • Sharpness Old Docks (57.0 miles)
  • Lydney Harbour (58.4 miles)
  • Woodside Birkenhead Ferry Terminal (72.3 miles)

Nearby schools

View all schools in Dudley
  • St Joseph's Catholic Primary School (0.4 miles)
  • Beechwood Church of England Primary School (0.4 miles)
  • Kates Hill Community Primary School (0.6 miles)
  • Dudley College of Technology (0.2 miles)
  • Health Futures UTC (3.5 miles)
  • Sandwell College (3.8 miles)
  • Castle High School and Visual Arts College (0.4 miles)
  • Bishop Milner Catholic College (1.0 mile)
  • The Holly Hall Academy (1.1 miles)
Note: Distances are straight line measurements

Local info for Dudley

About the neighbours in DY1

AskMe Q&A for Dudley

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For more information about this property, please contact
Nu:Move International, TF2 on +44 1952 476892 * (local rate)

Monthly running costs Beta

£487 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,995
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.

Energy

Gas £20 Electricity £27 Estimated energy cost £47/mo

Similar properties could save up to £162

How Much Could I Save? 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

Dudley

Estimated tax band A Council tax cost £93 /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 £9 Sewerage £15 Estimated water cost £24 /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 Nu:Move International 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 Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International 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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