Cofton Lake Road, Birmingham, B45
HA

Cofton Lake Road, Birmingham, B45

By Hansons

£ 425,000

Reviews

3 out of 5 stars

Hansons says ..

***SORRY BUT DUE TO THE LEVEL OF INTEREST IN THIS PROPERTY WE ARE NO LONGER CARRYING OUT VIEWINGS***

Property Oracle says ..

This three-bedroom property located in Cofton Hackett, Worcestershire, is listed at £425,000. The property shows potential but requires significant modernisation and updating. The kitchen, bathrooms, and interior decor are dated, necessitating considerable refurbishment to enhance its appeal and market value. The exterior, based on the photographs, appears structurally sound. While the location boasts proximity to good schools and transport links, with nearby Barnt Green train station offering convenient access to Birmingham, the immediate area exhibits some price variability among properties on Cofton Lake Road. A significant benefit is the relatively large garden at the rear of the property, offering substantial outdoor space. The property could make an ideal family home, particularly for those willing to undertake renovations to update its interior. Before purchasing, a thorough survey should be conducted to assess any potential structural issues not immediately apparent in the photos. The list price appears largely competitive, considering the need for modernisation. However, more details regarding the property’s precise size and the state of its systems would be helpful in making a conclusive judgement on the list price competitiveness. Further comparison with properties offering similar size and condition within Cofton Hackett and neighboring areas would allow a more precise valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
1,633.40

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
497,910.00 £
Increased by 1.70 %
from 489,572.00 £
Est sale value
454,085.20 £
Decreased by 3.14 %
from 468,785.80 £
Average area rental value
1,278.00 £/mo
Decreased by 2.59 %
from 1,312.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.08 %
Decreased by 4.35 %
from 3.22 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Hansons marked this listing as sold.

  • Hansons created the listing.

Nearby Schools

NameTypeOfstedDistance
St Andrew'S Cofe First SchoolVoluntary Aided SchoolOutstanding1.62 KM
Rednal Hill Infant SchoolCommunity SchoolGood1.82 KM
Rednal Hill Junior SchoolCommunity SchoolRequires improvement1.82 KM
St Columba'S Catholic Primary SchoolAcademy Sponsor LedGood2.14 KM
Lickey Hills Primary School And NurseryCommunity SchoolGood2.31 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Reservoir Road £ 567,00000.00 KM
Chestnut Drive £ 000.00 KM
Ardern Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Barnt Green1096BTG1.70 KM
Longbridge1110LOB2.76 KM
Alvechurch1198ALV4.54 KM
Northfield1111NFD4.86 KM
Kings Norton1109KNN8.19 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cofton Lake Road, Birmingham, B45 £ 425,000BUY6 / 100.00 KM
Cofton Lake Road, Cofton Hackett, Birmingham, Worcestershire, B45 £ 525,000BUY5 / 100.04 KM
Reservoir Road, Cofton Hackett, B45 £ 535,000BUY6 / 100.06 KM
Reservoir Road, Cofton Hackett, B45 £ 475,000BUY6 / 100.09 KM
Cofton Lake Road, Cofton Hackett, Birmingham, Worcestershire, B45 £ 550,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
3 Cofton Lake Road £ 320,0000.00 KM
20 Cofton Lake Road £ 301,0000.00 KM
8 Cofton Lake Road £ 687,5000.00 KM
22 Cofton Lake Road £ 340,0000.00 KM
9 Cofton Lake Road £ 263,5000.00 KM