Auction House Birmingham & Black Country, Aldridge. says ..

Property Oracle says ..

This three-bedroom terraced property in Birmingham’s Birchfield area presents a mixed bag of opportunities and challenges. Its location offers relative convenience, with schools and public transport within a reasonable distance, but the area’s desirability is moderate. The property is significantly in need of renovation; the provided photographs show dated interior finishes, wear and tear, and even some potential damage requiring repairs. The small rear garden will also need attention. The current list price needs to be carefully considered. Although comparable terraced houses in the vicinity have listed at higher prices, the condition of this property significantly impacts its current market value. Potential buyers should factor in a substantial budget for renovations. The lack of plot size information means the assessment of land value isn’t as robust as it could be. Overall, the property offers potential for those with renovation skills and financial resources willing to invest significantly to bring this property up to a modern living standard. This could be a good investment opportunity if done correctly.

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

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