ROWLEY REGIS, Waterfall Lane
TA

ROWLEY REGIS, Waterfall Lane

By Taylors Estate Agents

£ 560,000

Reviews

2 out of 5 stars

Taylors Estate Agents says ..

A RARE OPPORTUNITY to acquire TWO DETACHED PROPERTIES. Firstly a FOUR BEDROOM DETACHED PERIOD property in need of renovation and full of potential. Secondly a TWO BEDROOM detached dormer Bungalow. The detached property comprises; Porch, Hall, Living room, Cloakroom with w/c, Dining room, Kitch...

Property Oracle says ..

This property in Rowley Regis, West Midlands, presents a unique opportunity but requires careful consideration. The five-bedroom house is situated in a location with reasonably convenient access to transportation and well-regarded schools, which is a positive attribute for families. However, the property is clearly in need of extensive renovation and modernisation. The photos reveal considerable cosmetic damage and outdated fittings, suggesting significant investment is required before it becomes habitable. The large plot size of 2,000 sq ft is advantageous, offering potential for garden development or extensions. The list price of £560,000 requires careful evaluation against the necessary refurbishment costs. A thorough survey and cost estimates for renovations are crucial before making a purchase decision. Given the lack of comparable sales data in the immediate vicinity, a comparative market analysis, including properties needing similar levels of renovation, is highly recommended to determine a fair market value.

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
6
Condition
4
Location
7
Land
6
Bedrooms
5
Bathrooms
2
Sqft (est)
1,100.00
Lot (est)
2,000.00

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
513,942.00 £
Decreased by 2.28 %
from 525,912.00 £
Est sale value
628,100.00 £
Decreased by 5.93 %
from 667,700.00 £
Average area rental value
2,061.00 £/mo
Increased by 1.93 %
from 2,022.00 £/mo
Est letting value
2,200.00 £/mo
Unchanged by 0.00 %
from 2,200.00 £/mo
Est rental Yield
4.81 %
Increased by 4.34 %
from 4.61 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Taylors Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Highfields Primary SchoolCommunity SchoolGood0.58 KM
Young Parents Sure Start Children'S CentreChildren's Centre0.74 KM
St Michael'S Church Of England High SchoolVoluntary Aided SchoolGood0.94 KM
The Westminster SchoolCommunity Special SchoolOutstanding1.05 KM
Temple Meadow Primary SchoolFoundation SchoolGood1.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Park Hill £ 239,95000.00 KM
Holly Road £ 223,33200.00 KM
The Mews £ 70,00000.00 KM
Conway Drive £ 403,75000.00 KM
The Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Old Hill4641OHL0.93 KM
Rowley Regis4606ROW2.02 KM
Cradley Heath4639CRA4.63 KM
Langley Green4607LGG5.29 KM
Dudley Port1212DDP5.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
ROWLEY REGIS, Waterfall Lane £ 560,000BUY5 / 100.00 KM
Waterfall Lane, Rowley Regis, B65 0BL £ 260,000BUY6 / 100.10 KM
ROLWEY REGIS, Terrace Street £ 355,000BUY7 / 100.11 KM
ROWLEY REGIS, Terrace Street £ 335,000BUY7 / 100.11 KM
Powke Lane, ROWLEY REGIS, West Midlands, B65 £ 125,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
45 Terrace Street £ 225,0000.03 KM
37 Terrace Street £ 85,0000.03 KM
2 John Padden Close £ 295,0000.08 KM
8 John Padden Close £ 168,0000.08 KM
4 John Padden Close £ 180,0000.08 KM