New Meeting Street, Oldbury
By Love Your Postcode
£ 2,100,000
Reviews
3 out of 5 stars
Love Your Postcode says ..
16 Freehold, 2 Bedroom Apartments, 7% Yield Featuring a total of 16 Freehold 2-bedroom apartments, this building offers a lucrative 7% yield with all units currently tenanted, with a combined yearly income of£168,000 p/a. Each apartment is thoughtfully designed with modern finishes, inc...
Property Oracle says ..
The property is a multi-unit residential building situated in Oldbury, Sandwell. Its proximity to Sandwell & Dudley train station (0.45km) offers convenient access to public transportation. Several primary schools with “Good” Ofsted ratings are within a short distance, making it potentially attractive to families. The area also features local amenities such as Sainsbury’s and McDonald’s. However, the limited information on plot size and square footage prevents a comprehensive assessment of land and property size. The average house price in the area is significantly lower (220,958) than the listing price of 2,100,000. Nearby properties on New Meeting Street show a wide range of prices, from 40,000 to 250,000, further highlighting the discrepancy. The images suggest a modern, well-maintained building, though additional information on the property’s internal condition would be necessary for a definitive assessment. Given the high list price compared to local averages and the lack of detailed information on the property’s size and specific features, a thorough valuation is challenging.
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
- 3
- Condition
- 8
- Location
- 7
- Land
- 0
- Bedrooms
- 32
- Bathrooms
- 16
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
- 239,000.00 £Increased by 24.44 %
- Average area rental value
- 850.00 £/moDecreased by 8.60 %
- Est rental Yield
- 4.27 %Decreased by 26.51 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Love Your Postcode created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Christ Church Cofe Primary School | Voluntary Aided School | Good | 0.18 KM |
| St Francis Xavier Catholic Primary School | Academy Converter | 0.35 KM | |
| West Bromwich Collegiate Academy | Free Schools | 1.34 KM | |
| Hanbury Primary School | Community School | Good | 1.40 KM |
| Rounds Green Primary School | Academy Sponsor Led | 1.44 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Broadwell Business Park | £ 0 | 0 | 0.00 KM |
| Imran Way | £ 0 | 0 | 0.00 KM |
| Littlefields Way | £ 0 | 0 | 0.00 KM |
| Caroline Street | £ 200,000 | 0 | 0.00 KM |
| Clifford Road | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sandwell And Dudley | 1149 | SAD | 0.45 KM |
| Langley Green | 4607 | LGG | 1.73 KM |
| Rowley Regis | 4606 | ROW | 3.66 KM |
| Smethwick Galton Bridge | 1114 | SGB | 3.81 KM |
| Dudley Port | 1212 | DDP | 4.37 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New Meeting Street, Oldbury | £ 2,100,000 | BUY | 6 / 10 | 0.00 KM |
| New Meeting Street, Oldbury | £ 95,000 | BUY | 5 / 10 | 0.03 KM |
| New Meeting Street, Oldbury | £ 60,000 | BUY | Unknown | 0.04 KM |
| Bromford Road, Oldbury | £ 85,000 | BUY | 5 / 10 | 0.10 KM |
| Church Street, Oldbury | £ 80,000 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 New Meeting Street | £ 71,750 | 0.00 KM |
| 17 New Meeting Street | £ 82,500 | 0.00 KM |
| 30 New Meeting Street | £ 169,950 | 0.00 KM |
| 7 New Meeting Street | £ 40,000 | 0.00 KM |
| 21 New Meeting Street | £ 150,000 | 0.04 KM |