Frances Road, Erdington, Birmingham
By Property Local
£ 325,000
Reviews
2 out of 5 stars
Property Local says ..
Property Local are proud to present this fantastic investment opportunity to acquire a fully licensed HMO property generating a strong annual rental income of £39,000, delivering a impressive 12% yield based on the marketing price of £325,000.
Property Oracle says ..
This six-bedroom terraced house on Frances Road, Erdington, is listed at £325,000. The property benefits from being close to Stockland Green School and several other schools, as well as having good transport links. However, the property appears to be in need of some modernisation and repair, as seen in the provided images. The average house price in the area is significantly lower at £190,953, and the average price per square foot is £255. The lack of square footage information for this property makes a precise price comparison difficult. Nearby comparable properties range from £104,000 to £240,000, suggesting the list price may be on the higher end for the area and condition. More information on the size of the property and plot would allow for a more complete evaluation of the price.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 2
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 221,900.00 £Increased by 17.98 %
- Average area rental value
- 1,037.00 £/moDecreased by 1.05 %
- Est rental Yield
- 5.61 %Decreased by 16.14 %
- Crime Rate
- 25.00 %Unchanged by 0.00 %
Agent Activity
Property Local created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Stockland Green School | Academy Converter | Good | 0.29 KM |
| The Pines Special School | Foundation Special School | Good | 0.45 KM |
| Flexible Learning School | Other Independent School | Good | 0.76 KM |
| Slade Primary School | Academy Sponsor Led | Good | 0.88 KM |
| Featherstone Children'S Centre | Children's Centre | 1.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hampton Road | £ 303,750 | 0 | 0.00 KM |
| Anchorage Court | £ 230,000 | 0 | 0.00 KM |
| Victoria Road | £ 214,988 | 0 | 0.00 KM |
| Albert Road | £ 200,000 | 0 | 0.00 KM |
| Abbey Road | £ 195,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gravelly Hill | 1132 | GVH | 1.09 KM |
| Aston | 1004 | AST | 2.29 KM |
| Erdington | 1041 | ERD | 2.42 KM |
| Witton (West Midlands) | 1011 | WTT | 2.85 KM |
| Chester Road | 1130 | CRD | 3.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Frances Road, Erdington, Birmingham | £ 325,000 | BUY | 4 / 10 | 0.00 KM |
| Frances Road, Erdington, Birmingham, West Midlands, B23 | £ 220,000 | BUY | 6 / 10 | 0.02 KM |
| Frances Road, Erdington, Birmingham | £ 220,000 | BUY | 6 / 10 | 0.04 KM |
| Frances Road, Birmingham, B23 7LE | £ 265,000 | BUY | 6 / 10 | 0.04 KM |
| Frances Road, Birmingham | £ 234,995 | BUY | 4 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 91 Frances Road | £ 149,000 | 0.02 KM |
| 19 Frances Road | £ 190,000 | 0.02 KM |
| 41 Frances Road | £ 138,000 | 0.02 KM |
| 17 Frances Road | £ 320,000 | 0.02 KM |
| 57 Frances Road | £ 118,500 | 0.02 KM |