# 3 bedroom house for sale (B98 7BS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 53 LODGE ROAD, REDDITCH, REDDITCH, WORCESTERSHIRE B98 7BS |
| Price | £124,950 |
| Bedrooms | 3 |
| Last sold | £122,500 Nov 2006 |

## Description

A WELL DECORATED AND SPACIOUS THREE BEDROOM TERRACE PROPERTY THATS READY TO MOVE INTO TO!

Contact Redditch Office 01517 66161

**Dimensions**

Bedroom 1:

Bedroom 2:

Bedroom 3:

Reception 1:

Reception 2:

Kitchen:

12'9 x 11'8

10'2 x 7'11

12'4 x 7'11

13'7 (max) x 11'8 (min)

10'2 x 7'8

12'4 x 7'10

## Property Photos

- ![Photo](/listings/photos/5109600/1311201)
- ![Photo](/listings/photos/5109600/1311203)
- ![Photo](/listings/photos/5109600/1311204)
- ![Photo](/listings/photos/5109600/1311205)
- ![Photo](/listings/photos/5109600/1311207)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 53 LODGE ROAD, REDDITCH, WORCESTER, WORCESTERSHIRE, B98 7BS | £122,500 | 20/11/2006 | Terraced |
| 53 LODGE ROAD, REDDITCH, WORCESTER, WORCESTERSHIRE, B98 7BS | £94,000 | 29/08/2003 | Terraced |
| 53 LODGE ROAD, REDDITCH, WORCESTER, WORCESTERSHIRE, B98 7BS | £59,950 | 28/09/2001 | 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 |
|---------|-------|------|------|
| [Same street] 91 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £175,000 | 19/12/2023 | Terraced |
| [Same street] 123 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £180,000 | 07/10/2022 | Semi-detached |
| [Same street] 99 LODGE ROAD, REDDITCH, WORCESTERSHIRE, B98 7BS | £228,000 | 22/07/2022 | 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 |

**Street average:** £171,100 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £473,950 (10 Other, B98, 2024–2026)
- **Deviation:** -73.6%

## 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 | 0.36 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.72% (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:** 8.6%
- **Cost-to-rent:** 11.6×
- **Monthly cashflow:** £293/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.7%

*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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -24%
- **10y growth:** -68.5%

## House Price Index (HM Land Registry)

*Official index for Redditch; All dwelling types series; as of April 2026.*

- **1y growth (index):** 2%
- **5y growth (index):** 16.8%
- **10y growth (index):** 48.4%

## 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)