4 bedroom detached house
Cherry Tree Gardens, Proctor Avenue, Lawley, Shropshire, TF4 2SY
£355,000
Added on: 26th March 2025 (14 days on market)Property features
Area research for TF4
Sales (Past 12 months)
| Avg asking price | Avg sold price | Asking to sold price % Percentage of sold price to asking price. A lower percentage indicates more of a buyer's market, i.e. lower demand. A higher percentage indicates a sellers market, i.e. demand is higher and pushing prices up. | Avg £/sqft | Sales per month |
|---|---|---|---|---|
| £283,855 | £143,547 | 50.6% | £158 | 22 |
Rentals
| Avg asking rent pm | Avg yield |
|---|---|
| £793 | 7% |
Growth
| 1 year | 3 year | 5 year |
|---|---|---|
| -53.9% | -78.8% | -27.5% |
Comparables for
bedroom within miles
of Cherry Tree Gardens, Proctor Avenue, Lawley, Shropshire, TF4 2SY
This modern three-storey home is ideal for family life. The Lumley is a four-bedroom home featuring an open plan kitchen/dining room with French doors leading into the garden, a handy utility room, a front aspect living room, plus under-stairs storage and a WC. The first floor has two good-sized bedrooms, one with an en suite and the main family bathroom and a study, and on the top floor there's an impressive bedroom one with en suite.
Additional Information
- Tenure: Freehold
- Council tax band: Not made available by local authority until post-occupation
Parking - Single Garage
Room Dimensions
- Kitchen/Dining room - 5.51 x 2.84 metre
- Living room - 3.94 x 3.72 metre
- Bedroom 2 - 3.94 x 3.25 metre
- Bedroom 3 - 2.9 x 2.9 metre
- Bedroom 4 - 2.9 x 2.53 metre
- Bedroom 1 - 4.78 x 3.46 metre
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Rental type
Indicative return
| Monthly cashflow Cashflow is the amount of income left after all costs are paid. | £414 |
| Return on investment Return on investment (ROI) is how much profit is made as a percentage of the initial cost on a yearly basis. The percentage ROI is the net profit divided by the total initial investment. Higher is better | 4.62% |
| Rental yield Rental yield is annual rental income expressed as a percentage of the total property value. Rental yield can be used as a benchmark figure when comparing buy-to-let properties. | 6.40% |
Investment
| Purchase price (95% asking price) | £ |
| Mortgage deposit (25%) | £ |
| Stamp Duty Land Tax | £16,980 |
| Legal, professional and sourcing fee | £ |
| Development and refurb | £ |
| Furniture and furnishings | £ |
| Total investment | £107,493 |
Income
| Number of bedrooms | |
| Rent per room | £ |
| Total monthly rental income | £1,800 |
Costs
| Mortgage interest rate | % |
| Monthly mortgage payments (Interest only) | £1,054 |
| Service charges / Utilities | £ |
| Letting fees | £ |
| Corporation tax This assumes you will be buying via an SPV (a Special Purpose Vehicle) 19% of income less costs | £97 |
| Total monthly costs | £1,386 |
Activity log
| 27th March 2025 (13 days ago) | Status: For sale |
| 27th March 2025 (13 days ago) | Price: £355,000 |
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