Lode Lane, Solihull
RU

Lode Lane, Solihull

By Ruxton Independent Estate Agents & Valuers

£ 140,000

Reviews

2 out of 5 stars

Ruxton Independent Estate Agents & Valuers says ..

A well presented two bedroom first floor retirement apartment situated in this popular development for 58 years and older, located in a sought after position within walking distance of Solihull town centre.

Property Oracle says ..

This two-bedroom retirement apartment in Solihull, located on Lode Lane, presents a mixed bag. Its key strength lies in its convenient location, offering close proximity to Solihull town centre, good schools, and transport links. The communal garden adds a pleasant feature for residents. However, the property’s condition needs consideration. The photos reveal an interior that is in need of updating and modernization. The décor is dated and the bathroom looks like it would require some attention. While the listed price of £140,000 seems relatively reasonable compared to nearby comparable properties (especially considering the scarcity of information provided for price per square foot for those properties), potential buyers should factor in costs associated with renovation and modernisation. The lack of private garden might be a drawback for some prospective buyers. Overall, the property presents an opportunity for buyers seeking a convenient location, but they should be prepared for some refurbishment work. The fact that this is a retirement apartment will likely limit its appeal to a specific subset of potential buyers.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
635.07

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
603,889.00 £
Increased by 40.02 %
from 431,274.00 £
Est sale value
317,535.00 £
Increased by 46.63 %
from 216,558.87 £
Average area rental value
1,340.00 £/mo
Increased by 1.44 %
from 1,321.00 £/mo
Est letting value
635.07 £/mo
Unchanged by 0.00 %
from 635.07 £/mo
Est rental Yield
2.66 %
Decreased by 27.72 %
from 3.68 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Ruxton Independent Estate Agents & Valuers created the listing.

Nearby Schools

NameTypeOfstedDistance
Ruckleigh SchoolOther Independent School0.13 KM
Eversfield Preparatory SchoolOther Independent School0.33 KM
Solihull SchoolOther Independent School0.77 KM
Greswold Primary SchoolCommunity SchoolGood0.79 KM
St Alphege Church Of England Infant And Nursery SchoolVoluntary Aided SchoolOutstanding0.83 KM

Images

IMG_8835 IMG_8833 IMG_E8957 IMG_E8961 IMG_E8962 IMG_E8959 IMG_E8963 IMG_E8954 IMG_E8955

Nearby Streets

NameAverage PriceAverage SqftDistance
The Square £ 000.00 KM
Princes Way £ 000.00 KM
Guardian Court £ 000.00 KM
Cedarhurst £ 249,99200.00 KM
Station Approach £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Solihull4527SOL1.29 KM
Widney Manor4528WMR2.48 KM
Olton4533OLT3.75 KM
Acocks Green4529ACG5.77 KM
Dorridge4525DDG5.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lode Lane, Solihull £ 105,000BUY6 / 100.00 KM
Lode Lane, Solihull £ 140,000BUY5 / 100.00 KM
Lode Lane, Solihull £ 140,000BUY7 / 100.00 KM
Maplebeck Court, Lode Lane, Solihull, West Midlands, B91 £ 130,000BUY7 / 100.00 KM
Lode Lane, Solihull £ 89,950BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
47 Lode Lane £ 120,0000.14 KM
46 Lode Lane £ 602,0000.18 KM
44 Lode Lane £ 375,0000.18 KM
57 Lode Lane £ 282,5000.22 KM
25 Keresley Close £ 155,0000.22 KM