2 Lea Bank, Wolverhampton
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2 Lea Bank, Wolverhampton

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We have confidence in this estimated current valuation Updated recently
£195,000
Or £1,268 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Sep 1, 2017
£150,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 2 Lea Bank, Wolverhampton, a cozy and compact flat type home with 2 bed in the WV3 9HN area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.

This classic property was built 1967-1975 and has a reported internal area of 66 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £195,000 and a rental potential of £1,268 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Sep 1, 2017. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" An immaculately presented two bedroom apartment in a popular location

LOCATION Lea Bank is a quiet road off Finchfield Hill within walking distance of the shops and amenities at Compton and Finchfield. There is regular public transport leading into Wolverhampton City Centre and excellent schooling in both public and private sectors. DESCRIPTION Lea Bank is a purpose built apartment block which offers potential owners a share of the freehold interest and the benefit of lease of 999 years. The apartment itself is presented to an extremely high standard with a light and airy lounge and a modern dining kitchen with integrated appliances. There are two double bedrooms with fitted wardrobes and a large shower cubicle with His and Hers hand basins. There is a communal garden to the rear which is appreciated by the current owners and tended to, although a gardener is employed by the management company. There is the benefit of a garage and parking in front. ACCOMMODATION The property is accessed by a communal entrance which has a security intercom system and a double glaze door. The apartment itself is entered through a wooden entrance door which gives access straight into the LOUNGE which has a double glazed window to the front elevation, marble effect fireplace with hearth and mantle housing an electric fire, and leading into the KITCHEN DINER which is fitted with a range of wall and base units with complementary work surfaces, circular double bowl sink unit with stainless steel mixer tap, large double glazed window overlooking the rear garden, double oven, ceramic four-ring hob with extractor over, a range of integrated appliances including washing machine, fridge and freezer, tiled splashback and laminate flooring. A door leads to the INNER LOBBY which gives access to the bedrooms and the SHOWER ROOM which has a Jack and Jill double sink and vanity unit with fitted mirrors above and downlights, circular shower cubicle with electric shower, low-level wc, part wall tiling and a double glazed opaque window to the side elevation. The PRINCIPAL BEDROOM is fitted with a range of bedroom furniture with wardrobes with part-mirrored doors, two double glazed windows to the rear elevation with an opaque window above and the SECOND DOUBLE BEDROOM is also fitted with wardrobes with part-mirrored doors and two double glazed windows to the front elevation. OUTSIDE There are COMMUNAL GARDENS to the front and rear which have been tended by the owners and the apartment benefits from a GARAGE with parking in front. TENURE The apartment is leasehold held on a term of 999 years, with a share of the freehold. There is a Service Charge payable which currently amounts to ?220 per quarter and prospective purchasers are recommended to confirm the details of the lease with their solicitor. SERVICES We are informed by the Vendors that all main services are installed.
COUNCIL TAX BAND B - Wolverhampton CC.
POSSESSION Vacant possession will be given on completion.
VIEWING Please contact the Tettenhall office. IMPORTANT NOTICE: Every care has been taken with the preparation of these Particulars but they are for general guidance only and complete accuracy cannot be guaranteed. Areas, measurements and distances are approximate and the text, photographs and plans are for guidance only. If there is any point which is of particular importance please contact us to discuss the matter and seek professional verification prior to exchange of contracts.

You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website. "

Property Data

Data point Compared to road
Tax band B

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £887 Try Mortgage Tracker
Energy £710 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Merridale Primary School
0.1mi
Bantock Primary School
0.3mi
Wolverhampton Grammar School
0.3mi
Nishkam Primary School Wolverhampton
0.4mi
The Royal School Wolverhampton
0.7mi
Nearby Stations
Wolverhampton Station
1.3mi
Bilbrook Station
3.4mi
Coseley Station
3.6mi
Codsall Station
3.9mi
Tipton Station
4.9mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 2 Lea Bank, Wolverhampton worth?

    2 Lea Bank, Wolverhampton is now worth £195,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 2 Lea Bank, Wolverhampton - click click here to get a valuation with no strings attached.

  2. What is the rental value of 2 Lea Bank, Wolverhampton?

    The current rental valuation for this property is £1,268 per month, within a price range of £1,141 and £1,394.

  3. How many bedrooms does 2 Lea Bank, Wolverhampton have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 2 Lea Bank, Wolverhampton?

    Nearby schools in include Merridale Primary School, Bantock Primary School, Wolverhampton Grammar School, Nishkam Primary School Wolverhampton, The Royal School Wolverhampton

    Nearby stations in include Wolverhampton Station, Bilbrook Station, Coseley Station, Codsall Station, Tipton Station.

  5. What type of property is 2 Lea Bank, Wolverhampton

    This is a Flat property. There are 28 other Flat properties on LEA BANK, and 31 in total.

  6. When was 2 Lea Bank, Wolverhampton built? How old is 2 Lea Bank, Wolverhampton?

    2 Lea Bank, Wolverhampton was was built between 1967-1975.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

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