Shipways says ..
*** SOLD WITH TENANT IN SITU *** EXCELLENT BUY TO LET INVESTMENT OPPORTUNITY *** **THREE BEDROOMS *** FRONT AND REAR GARDEN *** NO CHAIN *** FREEHOLD *** CALL SHIPWAYS TO VIEW ON ***
Property Oracle says ..
This three-bedroom terraced house in Smith’s Wood, Solihull, presents itself as a potential investment opportunity, especially given its ‘sold with tenant in situ’ status. The property’s location offers access to several schools, some rated as outstanding by Ofsted, and is within a reasonable distance from several train stations, making it potentially attractive to commuters and families. However, the images suggest the property could benefit from some cosmetic upgrades and modernisation. The kitchen and bathroom appear dated and could be improved to enhance the overall appeal and potential rental income. The small rear garden is paved, providing limited outdoor space, and would likely need some attention to improve its curb appeal. The lack of property details regarding square footage complicates a comprehensive market valuation; however, compared to other nearby properties, the listed price appears to fall within a reasonable range, particularly considering the investment opportunity offered by the existing tenant. A full survey and valuation would be highly recommended before any purchase is considered.
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
- 6
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
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
- 195,714.00 £Decreased by 9.06 %
- Average area rental value
- 1,033.00 £/moDecreased by 8.75 %
- Est rental Yield
- 6.33 %Increased by 0.32 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Shipways created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Castlewood School | Academy Special Sponsor Led | Requires improvement | 0.38 KM |
| Summerfield Education Centre | Pupil Referral Unit | Requires improvement | 0.47 KM |
| Castle Bromwich Infant And Nursery School | Community School | Outstanding | 0.91 KM |
| Park Hall Academy | Academy Sponsor Led | Good | 0.94 KM |
| Smith'S Wood Primary Academy | Academy Converter | Outstanding | 1.26 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cowley Close | £ 0 | 0 | 0.00 KM |
| Park View | £ 400,000 | 0 | 0.00 KM |
| Hamble Close | £ 0 | 0 | 0.00 KM |
| Green Lane | £ 170,000 | 0 | 0.00 KM |
| Chelmer Close | £ 175,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Water Orton | 1121 | WTO | 1.58 KM |
| Lea Hall | 1133 | LEH | 4.81 KM |
| Marston Green | 1034 | MGN | 4.91 KM |
| Coleshill Parkway | 9882 | CEH | 5.25 KM |
| Stechford | 1043 | SCF | 6.83 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lanchester Way, Birmingham | £ 155,000 | BUY | 5 / 10 | 0.00 KM |
| Lanchester Way, Birmingham, West Midlands, B36 | £ 155,000 | BUY | Unknown | 0.00 KM |
| Daimler Close, BIRMINGHAM | £ 200,000 | BUY | 6 / 10 | 0.11 KM |
| Rover Drive, BIRMINGHAM, West Midlands, B36 | £ 250,000 | BUY | 7 / 10 | 0.14 KM |
| Alvis Walk, Birmingham, West Midlands, B36 | £ 95,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 210 Lanchester Way | £ 110,000 | 0.00 KM |
| 218 Lanchester Way | £ 118,000 | 0.00 KM |
| 226 Lanchester Way | £ 79,500 | 0.00 KM |
| 224 Lanchester Way | £ 150,000 | 0.00 KM |
| 216 Lanchester Way | £ 86,950 | 0.00 KM |