# 3 bedroom terraced house for sale (B98 7BS) ## Property Details | Key | Value | |-----|-------| | Address | 87 LODGE ROAD, REDDITCH, REDDITCH, WORCESTERSHIRE B98 7BS | | Price | £190,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1900-1929 | | Floor area | 95 m² | | Last sold | £71,500 Jan 2006 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** C - **Expiry date:** 28/10/2023 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £1,026/year - **Est. upgrade cost to C:** £25,440 ### Recommendations - Q (£4,000 - £14,000) - W (£800 - £1,200) - E (£40) - G (£350 - £450) - I (£2,200 - £3,000) - T2 (£900) - U (£9,000 - £14,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2018-8983-6280-8577-8934) ## Description Situated in a popular location of Smallwood, Redditch is this three-bedroom terraced property, ideal for investors or first-time buyers. Approaching the property over a brief paved front garden, the ground floor layout briefly comprises of an initial lounge, good-sized dining room with stairs rising to the first-floor, kitchen with ample worktop and cupboard space and access to the rear garden, and a rear bathroom with shower over bathtub, wash basin and WC. The first floor landing branches off to two double bedrooms and stairs rising to the second-floor which offers a third bedroom and box bedroom with eaves storage. To the rear is a low maintenance garden with fenced enclosures and storage shed. Situated in the popular location of Smallwood, Redditch, the property is just a stone’s throw from the many shops, restaurants, supermarkets and schools in Redditch town centre, and also benefits from a large Asda supermarket just a couple of minutes walk away. Estate Agents are required by law to conduct anti-money laundering checks on all those buying a property. We have partnered with a third party supplier to undertake these who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £39 + VAT per buyer and this is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid and the checks completed in advance of the issuing of a memorandum of sale on the property you would like to buy. No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within. These details do not constitute any part of any offer or contract. AP Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property. These details and all statements herein are provided without any responsibility on the part of AP Morgan or the vendors. Equipment: AP Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition. Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material. AP Morgan is the Owner of the copyright. This property sheet forms part of our database and is protected by the database right and copyright laws. No unauthorised copying or distribution without permission.. ## Property Photos - ![Picture No. 12](/listings/photos/164993723/1311213) - Picture No. 12 - ![Picture No. 07](/listings/photos/164993723/1311215) - Picture No. 07 - ![Picture No. 05](/listings/photos/164993723/1311216) - Picture No. 05 - ![Picture No. 11](/listings/photos/164993723/1311217) - Picture No. 11 - ![Picture No. 01](/listings/photos/164993723/1311218) - Picture No. 01 - ![Picture No. 02](/listings/photos/164993723/1311219) - Picture No. 02 - ![Picture No. 03](/listings/photos/164993723/1311220) - Picture No. 03 - ![Picture No. 04](/listings/photos/164993723/1311221) - Picture No. 04 - ![Picture No. 14](/listings/photos/164993723/1311223) - Picture No. 14 - ![Picture No. 13](/listings/photos/164993723/1311224) - Picture No. 13 - ![Picture No. 06](/listings/photos/164993723/1311225) - Picture No. 06 - ![Picture No. 10](/listings/photos/164993723/1311226) - Picture No. 10 - ![Picture No. 09](/listings/photos/164993723/1311227) - Picture No. 09 - ![Picture No. 08](/listings/photos/164993723/1311229) - Picture No. 08 ## Floorplans - ![Floorplan](/listings/photos/164993723/1311230) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 87 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £71,500 | 27/01/2006 | Terraced | | 87 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £60,000 | 13/03/2003 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 5 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £225,000 | 29/08/2025 | Terraced | | [Same street] 91 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £175,000 | 19/12/2023 | Terraced | | 34 MARSDEN ROAD, REDDITCH, WORCESTERSHIRE, B98 7AY | £104,000 | 13/12/2023 | Terraced | | 11 BRITANNIA CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BN | £206,000 | 12/09/2023 | Terraced | | 37 MOUNT STREET, REDDITCH, WORCESTERSHIRE, B98 7BE | £185,000 | 24/08/2023 | Terraced | | 126 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BP | £160,000 | 16/08/2023 | Terraced | | 19 MILLSBRO ROAD, REDDITCH, WORCESTERSHIRE, B98 7BU | £125,000 | 26/05/2023 | Terraced | | 42 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £215,000 | 17/04/2023 | Terraced | | 56 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £228,000 | 16/12/2022 | Terraced | | 43 MILLSBRO ROAD, REDDITCH, WORCESTERSHIRE, B98 7BU | £190,000 | 19/10/2022 | Terraced | | [Same street] 123 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £180,000 | 07/10/2022 | Semi-detached | | 122 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BP | £150,000 | 30/09/2022 | Terraced | | 50 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £220,000 | 12/08/2022 | Terraced | | 25 MOUNT STREET, REDDITCH, WORCESTERSHIRE, B98 7BE | £182,000 | 08/08/2022 | Terraced | | 28 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BT | £123,000 | 28/07/2022 | Terraced | | [Same street] 99 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £228,000 | 22/07/2022 | Terraced | | 11 MARSDEN ROAD, REDDITCH, WORCESTERSHIRE, B98 7AY | £165,000 | 27/05/2022 | Terraced | | 26 MILLSBRO ROAD, REDDITCH, WORCESTERSHIRE, B98 7BU | £180,000 | 22/04/2022 | Terraced | | 27 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £220,000 | 25/03/2022 | Terraced | | [Same street] 75 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £137,500 | 24/03/2022 | Terraced | | [Same street] 103 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £135,000 | 08/03/2022 | Terraced | | 61 MARSDEN ROAD, REDDITCH, WORCESTERSHIRE, B98 7BL | £155,000 | 22/02/2022 | Terraced | | 78 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BP | £151,500 | 18/02/2022 | Terraced | | 21 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £168,000 | 15/10/2021 | Terraced | | 65 HONEYCHURCH CLOSE, REDDITCH, WORCESTERSHIRE, B98 7BZ | £185,000 | 30/09/2021 | Terraced | **Street average:** £171,100 (5 sales) **Area average:** £176,875 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £209,354 (57 Terraced, B98, 2024–2026) - **Deviation:** -9.2% ## Rental Range *ONS Price Index of Private Rents (Redditch). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £814/mo - **Realistic:** £904/mo - **Optimistic:** £994/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Flat, Southcrest, B97 | £900/mo | 3 | 0.37 miles | OpenRent | **Average rent: £900/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.47% (weak for cashflow) - **Max investor price (0.8%):** £112,500 - **Target investor price (1%):** £90,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £900/mo).* - **Gross yield:** 5.7% - **Cost-to-rent:** 17.6× - **Monthly cashflow:** £37/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,000/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 22.2% - **10y growth:** 38.4% ## House Price Index (HM Land Registry) *Official index for Redditch; Terraced series; as of April 2026.* - **1y growth (index):** 2.6% - **5y growth (index):** 17.9% - **10y growth (index):** 52.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)