Paul Dubberley & Co says ..
Investment opportunity - For Sale with Tenant in situ. Spacious Ground Floor, Flat situated in the cul-de-sac location of Pleasant View, in the sought-after area of Lower Gornal. Located in the popular area, close to the Milking Bank development & with all amenities close to hand.
Property Oracle says ..
This two-bedroom ground floor flat located in Lower Gornal, Dudley, presents an interesting investment opportunity. Its location offers relative proximity to schools, shops and transport links. The property itself, as shown in the images, requires some modernisation. The kitchen and bathroom appear dated, and the overall decor could benefit from an update. The presence of a tenant in situ is attractive to investors as it provides an immediate rental income stream. Considering the condition, the price appears competitive compared to some nearby properties, particularly those offering similar rental income potential. However, a full survey and potential refurbishment costs should be considered before purchasing. The lack of a private garden may not appeal to all buyers. Overall, this property is more suitable for investors looking for rental income rather than a modern, turnkey home.
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
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 630.00
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
- 297,989.00 £Increased by 15.56 %
- Est sale value
- 230,580.00 £Increased by 53.78 %
- Average area rental value
- 1,052.00 £/moIncreased by 9.81 %
- Est letting value
- 630.00 £/mo
- Est rental Yield
- 4.24 %Decreased by 4.93 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Paul Dubberley & Co marked this listing as sold.
Paul Dubberley & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Red Hall Primary School | Community School | Requires improvement | 0.54 KM |
| The King Alfred School | Other Independent School | 0.73 KM | |
| Roberts Primary School | Community School | Good | 0.90 KM |
| Gornal Children'S Centre | Children's Centre | 1.03 KM | |
| Cherry Tree Learning Centre | Academy Alternative Provision Converter | 1.08 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grosvenor Road South | £ 0 | 0 | 0.00 KM |
| Summer Gate | £ 0 | 0 | 0.00 KM |
| Skylark Close | £ 225,000 | 0 | 0.00 KM |
| Prospect Road | £ 0 | 0 | 0.00 KM |
| Enville Road | £ 145,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Coseley | 1143 | CSY | 5.47 KM |
| Lye (West Midlands) | 4640 | LYE | 6.11 KM |
| Cradley Heath | 4639 | CRA | 6.21 KM |
| Tipton | 1159 | TIP | 6.73 KM |
| Stourbridge Town | 4643 | SBT | 6.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pleasant View, Dudley | £ 75,000 | BUY | 5 / 10 | 0.00 KM |
| Central Drive, Lower Gornal | £ 170,000 | BUY | 6 / 10 | 0.11 KM |
| Central Drive, Lower Gornal | £ 219,950 | BUY | 7 / 10 | 0.12 KM |
| Central Drive, Lower Gornal | £ 209,950 | BUY | 6 / 10 | 0.12 KM |
| Brookside, Dudley | £ 190,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 123 Central Drive | £ 59,000 | 0.07 KM |
| 147 Central Drive | £ 110,000 | 0.07 KM |
| 87 Central Drive | £ 78,500 | 0.07 KM |
| 157 Central Drive | £ 112,000 | 0.07 KM |
| 159 Central Drive | £ 66,000 | 0.07 KM |