Tidbury Close, Walkwood, Redditch
LA

Tidbury Close, Walkwood, Redditch

By Lamberts Sales and Lettings

£ 70,000

Reviews

3 out of 5 stars

Lamberts Sales and Lettings says ..

** Attention Investors ** Cash Buyers Only Due To Short Lease ** Tenant In Situ ** Rent Potential Of Up To £650 Per Month ** Modern Studio Apartment ** Sought After Walkwood Location ** Having been recently refurbished, this Studio Apartment is an Ideal Investment with the current tenant in...

Property Oracle says ..

The property is a studio flat located in Redditch, Worcestershire. The location benefits from being relatively close to several schools, with The Vaynor First School being the closest at 0.64km. Redditch train station is also within a reasonable distance at 2.85km, providing access to other towns and cities. Based on the provided images, the property appears to be in good condition and has recently been modernised. The kitchen and bathroom look newly fitted, and the overall finish is clean and well-maintained. There is no evidence to suggest that the property is in need of repair or renovation. The property is a studio flat with a total area of 284 sqft, which is significantly smaller than the average property size in the area (886 sqft). The plot size is also 284 sqft, indicating a lack of significant outdoor space beyond what might be immediately surrounding the building. Considering the average price per sqft in the area is £347, and the list price of this studio flat is £70,000, the price per sqft is approximately £246. This is considerably lower than the area average, suggesting that the list price may represent good value, especially given the modern condition of the property. However, the lack of outdoor space and smaller size compared to other properties in the area should be considered.

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
8
Condition
9
Location
7
Land
3
Bedrooms
0
Bathrooms
1
Sqft (est)
284.00
Lot (est)
284.00

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
250,000.00 £
Decreased by 19.52 %
from 310,625.00 £
Est sale value
61,344.00 £
Decreased by 33.74 %
from 92,584.00 £
Average area rental value
898.00 £/mo
Decreased by 3.65 %
from 932.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.31 %
Increased by 19.72 %
from 3.60 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Lamberts Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
The Vaynor First SchoolAcademy ConverterGood0.64 KM
Walkwood Church Of England Middle SchoolAcademy ConverterGood0.70 KM
Crabbs Cross AcademyAcademy Sponsor LedGood1.37 KM
St Augustine'S Catholic High SchoolAcademy ConverterOutstanding1.38 KM
St Luke'S Cofe First SchoolVoluntary Controlled SchoolRequires improvement1.78 KM

Images

Kitchen Lounge/Bedroom Communal Landing Parking Front View Lounge/Bedroom Shower Room Lounge/Bedroom Kitchen Communal Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Windmill Gardens £ 000.00 KM
Cranham Close £ 000.00 KM
Marlpit Lane £ 000.00 KM
Hanover Court £ 000.00 KM
Forest View £ 245,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Redditch1208RDC2.85 KM
Alvechurch1198ALV7.24 KM
Barnt Green1096BTG9.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tidbury Close, Walkwood, Redditch £ 70,000BUY6 / 100.00 KM
Tidbury Close, Redditch, B97 £ 240,000BUY7 / 100.06 KM
Tidbury Close, Redditch £ 70,000BUY7 / 100.06 KM
Rangeworthy Close, Walkwood, Redditch £ 175,000BUYUnknown0.17 KM
Rangeworthy Close, Redditch, Worcestershire, B97 £ 230,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
69 Tidbury Close £ 195,0000.01 KM
81 Tidbury Close £ 40,5000.01 KM
101 Tidbury Close £ 169,9500.01 KM
74 Tidbury Close £ 30,0000.01 KM
71 Tidbury Close £ 69,0000.01 KM