Mallards Reach, Olton, Solihull, B92
BA

Mallards Reach, Olton, Solihull, B92

By Bartleys Estate Agents

£ 186,000

Reviews

2 out of 5 stars

Bartleys Estate Agents says ..

37 Mallards Reach is a well-proportioned two double bedroom second floor apartment that requires modernisation, being most peacefully situated within delightful, well-maintained communal gardens and benefitting from an un-expired lease of 946 years, lift access, views over Olton Mere, vacant pos...

Property Oracle says ..

This two-bedroom apartment at Mallards Reach in Olton, Solihull, presents a mixed bag. The location is a strong point, boasting close proximity to Olton railway station and several well-rated schools. Olton Mere provides a nearby recreational area, further enhancing the neighbourhood’s attractiveness.

However, the apartment’s condition needs attention. The provided photographs reveal dated kitchen and bathroom fixtures. While the apartment may be structurally sound and habitable, potential buyers will likely budget for renovations to bring it up to modern standards. The property’s lack of private outdoor space is another factor to consider. The listing mentions communal gardens, but the extent of these is unclear from the listing information.

The price point of £186,000 requires careful evaluation. While Olton is a desirable location, the necessary modernisation makes the price less competitive compared to similar properties in better condition. A comprehensive assessment of comparable properties in the area is essential to determine whether the property represents good value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
869.00

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
476,875.00 £
Increased by 24.90 %
from 381,806.00 £
Est sale value
351,945.00 £
Increased by 25.39 %
from 280,687.00 £
Average area rental value
1,814.00 £/mo
Increased by 18.80 %
from 1,527.00 £/mo
Est letting value
869.00 £/mo
Unchanged by 0.00 %
from 869.00 £/mo
Est rental Yield
4.56 %
Decreased by 5.00 %
from 4.80 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bartleys Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Our Lady Of Compassion Catholic Primary SchoolAcademy Converter0.45 KM
Kineton Green Primary SchoolCommunity SchoolGood0.63 KM
Langley SchoolAcademy ConverterGood0.74 KM
Oak Cottage Primary SchoolCommunity SchoolOutstanding0.94 KM
Reynalds Cross SchoolCommunity Special SchoolGood0.98 KM

Images

Photograph 1 Photograph 2 Photograph 4 Photograph 5 Photograph 6 Photograph 7 Photograph 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Fentham Court £ 000.00 KM
Olton Station Subway £ 375,00000.00 KM
Lincoln Road £ 000.00 KM
Pierce Avenue £ 000.00 KM
Prospect Lane £ 743,75000.00 KM

Nearby Transport

NameNLCTLCDistance
Olton4533OLT0.77 KM
Acocks Green4529ACG2.30 KM
Solihull4527SOL2.88 KM
Spring Road4535SRI3.56 KM
Hall Green4521HLG4.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marsland Road, Derwent Court Marsland Road, B92 £ 215,000BUY7 / 100.02 KM
Mereside Way, Solihull £ 200,000BUY6 / 100.07 KM
Mereside Way, Solihull £ 475,000BUY7 / 100.10 KM
Mereside Way, Solihull £ 485,000BUY7 / 100.10 KM
St. Bernards Road, Solihull, B92 £ 210,000BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
26 Marsland Road £ 257,5000.06 KM
28 Marsland Road £ 505,0000.06 KM
50 Marsland Road £ 315,0000.06 KM
22 Marsland Road £ 240,0000.06 KM
18 Marsland Road £ 264,7500.06 KM