5 Coles Lane, West Bromwich
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5 Coles Lane, West Bromwich

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We have confidence in this estimated current valuation Updated recently
£119,600
Or £777 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Oct 8, 2015
£88,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 5 Coles Lane, West Bromwich, a cozy and compact terraced type home with 3 bed in the B71 2QA area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built 1930-1949 and has a reported internal area of 86 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £119,600 and a rental potential of £777 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 Oct 8, 2015. 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.

"This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of ?5,000 plus VAT which secures the transaction and takes the property off the market.

The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auctionspowered by iam-sold Ltd' or 'iam-sold Ltd'.

TO VIEW OR MAKE A BID Contact Skitts Estate Agents or visit: www.agentauctionpage.co.uk
Hallway: Storage cupboard, stairs to the first floor accommodation and doors to:

Front Reception Room: 12'10' (3.90m) into bay x 12'1' (3.68m)

Rear Reception Room: 13'2' (4.00m) x 11'0' (3.36m)

Kitchen: 8'9' (2.66m) x 7'5' (2.26m) Door to rear/outbuildings.

First Floor Landing: Having stairs from the hall and doors leading to:

Bedroom One: 13'0' (3.96m) x 11'0' (3.33m)

Bedroom Two: 11'11' (3.64m) x 11'1' (3.36m)

Bedroom Three: 6'5' (1.96m) x 6'5' (1.96m)

Bathroom: Having bath with shower over, WC and wash hand basin.

Outside: Gardens to the front and rear. Dilapidated garage approached from rear access.

TENURE: Freehold. References to the Tenure of this property are based upon information supplied by the seller. The Agents has not had sight of the Title documents. A buyer is advised to obtain verification from their Solicitor.

FIXTURES & FITTINGS: All fixtures and fittings other than those mentioned within these particulars are expressly excluded, although agreement on certain items may be reached separately with the vendor.

PROPERTY MISDESCRIPTION ACT 1991 The Agent has not tested any apparatus, equipment, fixtures and fittings or services so cannot verify that they are connected, in working order or fit for the purpose. A buyer is advised to obtain verification from their solicitor or surveyor.

NOTICE These particulars, although believed to be correct, do not constitute any part of an offer or contract. All statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of warranty whatsoever in relation to property. Any intending purchaser must satisfy themselves by inspection or otherwise as to the correctness each of the statements contained in these particulars. All measurements are approximate and for illustrative purposes only. Photographs are produced for general information and it must not be inferred that any item shown is included in the sale.

As a professional Estate Agency our clients employ us to look after their best interests. This includes providing them with full details of offers made to purchase their property. To ensure our obligations to our clients are met we need to check the status of all potential purchasers. If you make an offer on this property we will ask a member of Hayburn Rock Associates staff to contact you to verify your status. They are a leading firm of Independent Financial Advisers and Mortgage Brokers.

Hayburn Rock Associates Ltd are authorised and regulated by the Financial Services Authority (FSA). Not all mortgages are regulated by the FSA. Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured on it

Property Reference WED-12KJ1K76

"

Property Data

Data point Compared to road
Tax band A
229 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £544 Try Mortgage Tracker
Energy £1,091 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
St Mary Magdalene CofE Voluntary Controlled Primary School
0.1mi
All Saints CofE Primary School
0.3mi
The Phoenix Collegiate
0.4mi
Sandwell Community School
0.5mi
St John Bosco Catholic Primary School
0.6mi
Nearby Stations
Tame Bridge Parkway Station
1.4mi
Bescot Stadium Station
1.9mi
Sandwell & Dudley Station
2.0mi
The Hawthorns Station
2.3mi
Smethwick Galton Bridge Station
2.3mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
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
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

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

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
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Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 5 Coles Lane, West Bromwich worth?

    5 Coles Lane, West Bromwich is now worth £119,600 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 5 Coles Lane, West Bromwich - click click here to get a valuation with no strings attached.

  2. What is the rental value of 5 Coles Lane, West Bromwich?

    The current rental valuation for this property is £777 per month, within a price range of £700 and £855.

  3. How many bedrooms does 5 Coles Lane, West Bromwich have?

    This property has 3 bedrooms. Search for nearby properties with 3 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 5 Coles Lane, West Bromwich?

    Nearby schools in include St Mary Magdalene CofE Voluntary Controlled Primary School, All Saints CofE Primary School, The Phoenix Collegiate, Sandwell Community School, St John Bosco Catholic Primary School

    Nearby stations in include Tame Bridge Parkway Station, Bescot Stadium Station, Sandwell & Dudley Station, The Hawthorns Station, Smethwick Galton Bridge Station.

  5. What type of property is 5 Coles Lane, West Bromwich

    This is a Terraced property. There are 14 other Terraced properties on COLES LANE, and 25 in total.

  6. When was 5 Coles Lane, West Bromwich built? How old is 5 Coles Lane, West Bromwich?

    5 Coles Lane, West Bromwich was was built between 1930-1949.

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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.

Nearby locations

Birmingham, West Midlands West Bromwich, West Midlands Sutton Coldfield, West Midlands Sutton Coldfield, Warwickshire Tamworth, Staffordshire Tamworth, Warwickshire