Xact Homes says ..

Property Oracle says ..

This three-bedroom terraced house in Balsall Common, Solihull, is listed at £285,000. The property is situated on Greenbank Road, in a village setting offering access to local schools and amenities. However, it’s important to note that the property is in need of significant refurbishment.

The exterior of the property is presentable, but the interior photographs reveal considerable wear and tear. The walls require repainting, flooring requires replacement, and some areas show signs of dampness or damage (such as the staircase). The kitchen appears to be relatively recently updated, which is a positive aspect. The garden, while present, requires considerable landscaping and maintenance.

The location in Balsall Common presents several advantages. Balsall Common Primary School and Heart Of England School are both within a reasonable distance, offering good schooling options. Transport links, while not immediately at the doorstep, are accessible, with various train stations within a reasonable radius providing access to Birmingham and other areas.

The price of £285,000 needs to be evaluated in the context of the necessary renovations. The average house price for Greenbank Road, where this property is situated, is also near this figure, indicating this house isn’t overpriced, although a precise comparison is hindered by the lack of detailed square footage information for the surrounding properties. A buyer should budget significantly for renovations in order to bring the property up to a modern standard. Ultimately, the final value will depend on the scope and cost of the required renovation work, and also current UK interest rates.

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

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