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£290,000
Asking price

4 bed house for sale Lynton Avenue, Smethwick

4 beds 1 bath Terraced house
Freehold

Added yesterday

About this property

This well-presented and spacious home offers a fantastic opportunity to acquire a fully tenanted, income-producing property with a long-term agreement already in place. This is a ready-made investment offering stability from day one, with future flexibility built into the arrangement. In addition, the outbuilding is separately let, providing an extra stream of income and enhancing overall yield potential.

Key features

  • Kitchen with ample storage
  • Close to local shops, schools, and amenities
  • Good location
  • Driveway Parking
  • Spacious family home
  • Ground floor bedroom offering flexible use
  • well-maintained rear garden
  • Family bathroom and separate first-floor WC

Floorplan

Location

Lynton Avenue, Smethwick, B66 3AS

Council tax
Band D (Approx £2,244/year)

Mortgage and stamp duty

Property price £290,000
£145k £435k
Deposit10% £29,000
£0 £290k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £261,000 mortgage. Most lenders would want a household income of about £58,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in B66 3AS. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
8, Lynton Avenue TerracedNov 20231,087 sq ft £198/sq ft£215,000
37, Lynton Avenue TerracedOct 2023807 sq ft £120/sq ft£97,000
37, Lynton Avenue TerracedApr 2017807 sq ft £155/sq ft£125,000
27, Lynton Avenue TerracedDec 2015743 sq ft £156/sq ft£116,000
6, Lynton Avenue TerracedJun 2015£129,000
4, Lynton Avenue TerracedJun 20131,076 sq ft £102/sq ft£110,000
25, Lynton Avenue TerracedFeb 2013£100,000
3, Lynton Avenue TerracedOct 2009743 sq ft £140/sq ft£104,000

All sold prices in Smethwick →

Area insights

The neighbourhood around this property.

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