Lydbrook Covert, Kings Norton, Birmingham, B38
DU

Lydbrook Covert, Kings Norton, Birmingham, B38

By Dunedin Sales & Lettings

£ 185,000

Reviews

3 out of 5 stars

Dunedin Sales & Lettings says ..

*** FANTASTIC OPPORTUNITY FOR BUY TO LET INVESTORS ONLY - LONG TERM TENANT IN SITU *** A well presented three bedroom mid terrace house with a tenant in situ, situated in a quiet cul-de-sac in Kings Norton, Birmingham, Tenant is paying £900 PCM.

Property Oracle says ..

This three-bedroom mid-terrace house in Kings Norton, Birmingham is marketed as an investment opportunity due to a long-term tenant already in place. The property appears reasonably well-maintained from the exterior and interior photographs provided. The kitchen and bathroom are quite dated, featuring fixtures and finishes that appear to be from a previous era. The property is characterized by average internal space, with three bedrooms, one bathroom, and what seems like a comfortable-sized living area. It benefits from a small to medium-sized rear garden. While located in Kings Norton, a suburb of Birmingham, it is not in a particularly prestigious or expensive part of the city, therefore the price is reflective of the neighbourhood. This property will likely appeal to buy-to-let investors seeking a rental income rather than owner-occupiers looking for a move-in-ready home, given the dated features and the listing’s focus on rental income. Further information concerning the property’s square footage would allow for a more comprehensive analysis of its value, based on price per square foot. The lack of detailed information on the property’s dimensions and construction also limits a fully in-depth analysis. The overall condition is average and could benefit from some renovation. However, given the already existing tenancy, this might not be a concern for investors.

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
6
Location
7
Land
4
Bedrooms
3
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
149,800.00 £
Decreased by 39.37 %
from 247,091.00 £
Average area rental value
1,131.00 £/mo
Increased by 5.60 %
from 1,071.00 £/mo
Est rental Yield
9.06 %
Increased by 74.23 %
from 5.20 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Dunedin Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Hawkesley Church Primary AcademyAcademy Sponsor LedGood0.45 KM
Ark Kings AcademyAcademy Sponsor LedGood0.99 KM
Fairway Primary AcademyAcademy ConverterGood1.05 KM
New Ways SchoolOther Independent SchoolGood1.14 KM
Wychall Children'S CentreChildren's Centre1.59 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Navigation Road £ 000.00 KM
Branch Road £ 000.00 KM
Bargehorse Walk £ 000.00 KM
Greenway Gardens £ 180,00000.00 KM
Edgewood Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Kings Norton1109KNN2.14 KM
Northfield1111NFD3.09 KM
Bournville1112BRV3.69 KM
Longbridge1110LOB4.53 KM
Selly Oak1105SLY5.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lydbrook Covert, Kings Norton, Birmingham, B38 £ 185,000BUY6 / 100.00 KM
Lydbrook Covert, Birmingham, West Midlands, B38 £ 175,000BUY7 / 100.01 KM
Lydbrook Covert, Birmingham, West Midlands, B38 £ 145,000BUY6 / 100.01 KM
18 Lydbrook Covert, Kings Norton, Birmingham, B38 9TB £ 59,000BUY5 / 100.04 KM
Green Lane, Birmingham, West Midlands, B38 £ 220,000BUY7 / 100.14 KM

Nearby Properties

AddressPriceDistance
11 Lydbrook Covert £ 37,5000.01 KM
1 Lydbrook Covert £ 58,5000.01 KM
2 Lydbrook Covert £ 63,0000.01 KM
45 Offenham Covert £ 74,0000.09 KM
33 Offenham Covert £ 63,0000.09 KM