Purple Frog Property Limited says ..
HMO With plenty of scope to reconfigure, extend, or modernise (STPP), the property offers significant opportunities to enhance rental yield.
Property Oracle says ..
This four-bedroom terraced house on Dawlish Road in Bournbrook & Selly Park, Birmingham, is listed for £370,000. The property’s location offers some advantages. Selly Oak train station is relatively close, making commuting easy. The area also boasts several schools with excellent Ofsted ratings, such as Tiverton Academy and Selly Park Girls’ School, increasing the property’s appeal to families.
However, the provided photographs reveal a property that could benefit from some modernisation and refurbishment. The kitchen, while functional, seems dated, and the bathroom’s condition also suggests a need for updating. The bedrooms show some wear and tear, typical for a property that might have been used as a student rental.
The property also features a small rear garden which provides some outdoor space. However, the overall size of the property (square footage) is not provided, making a full assessment of its value challenging. The lack of precise measurements makes it difficult to determine if the listed price aligns with local market averages per square foot. Comparing to nearby listed properties, the price seems slightly higher for a comparable property in a similar condition. This price might be justified if the property’s condition or interior space is superior, but without access to these details, there is some concern about the listed price’s reasonableness. In conclusion, the property is conveniently located and has a good number of bedrooms, but the condition requires consideration by potential buyers, as does the price in relation to its size and condition compared to other properties in the area.
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
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 4
- 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
- 234,983.00 £Decreased by 47.41 %
- Average area rental value
- 1,345.00 £/moDecreased by 7.62 %
- Est rental Yield
- 6.87 %Increased by 75.70 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Purple Frog Property Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Raddlebarn Primary School | Community School | Good | 0.30 KM |
| Tiverton Academy | Academy Sponsor Led | Outstanding | 0.70 KM |
| Selly Oak Nursery School | Local Authority Nursery School | Outstanding | 0.85 KM |
| Selly Park Girls' School | Community School | Outstanding | 1.06 KM |
| St Edward'S Catholic Primary School | Voluntary Aided School | Good | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Newton Grove | £ 0 | 0 | 0.00 KM |
| Florence Buildings | £ 0 | 0 | 0.00 KM |
| Acorn Gardens | £ 0 | 0 | 0.00 KM |
| Varley Close | £ 225,000 | 0 | 0.00 KM |
| Edgbaston Park Road | £ 1,200,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Selly Oak | 1105 | SLY | 0.92 KM |
| Bournville | 1112 | BRV | 1.40 KM |
| University (Birmingham) | 4504 | UNI | 1.63 KM |
| Kings Norton | 1109 | KNN | 2.84 KM |
| Five Ways | 4503 | FWY | 3.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dawlish Road | £ 370,000 | BUY | 5 / 10 | 0.00 KM |
| Dawlish Road, Birmingham, B29 | £ 405,000 | BUY | Unknown | 0.04 KM |
| Dawlish Road, Birmingham, West Midlands, B29 | £ 345,000 | BUY | 6 / 10 | 0.07 KM |
| Tiverton Road, Birmingham, B29 | £ 350,000 | BUY | 4 / 10 | 0.08 KM |
| Fully Occupied Student Accommodation - Tiverton Road, Selly Oak | £ 515,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 262 Dawlish Road | £ 75,250 | 0.03 KM |
| 226 Dawlish Road | £ 355,000 | 0.03 KM |
| 220 Dawlish Road | £ 330,000 | 0.03 KM |
| 232 Dawlish Road | £ 175,000 | 0.03 KM |
| 248 Dawlish Road | £ 360,000 | 0.03 KM |