Riverside Drive, Solihull
ME

Riverside Drive, Solihull

By Melvyn Danes

£ 500,000

Reviews

3 out of 5 stars

Melvyn Danes says ..

A Superb Three Bedroom Exclusive Three Bedroom Penthouse Apartment Overlooking Brueton Park In This Most Sought After Location In Solihull No Upward Chain

Property Oracle says ..

The property is a 3 bedroom, 2 bathroom penthouse apartment located on Riverside Drive in Knowle, Solihull. The apartment is 2,520 sqft and is listed at £500,000.

The location is excellent, with several highly-rated schools within a reasonable distance, including St Alphege Church of England Infant and Nursery School (Outstanding Ofsted rating) and Solihull Sixth Form College (Good Ofsted rating). The proximity to various train stations, such as Widney Manor and Solihull, provides convenient access to public transportation. The area appears to be affluent, based on the average house prices of nearby streets. The riverside location adds to the desirability of the property.

Based on the provided images, the property appears to be in good condition. The kitchen and bathrooms have been recently updated and are modern. While the carpets in some rooms show some wear, this is not significant enough to detract from the overall good condition.

The property does not have a private garden; however, it benefits from a private balcony overlooking the river. This is a significant feature, especially for a penthouse apartment.

Considering the average price per sqft in the area is £357, and the property is significantly larger than average at 2,520 sqft, the listing price of £500,000 seems reasonable. Nearby comparable properties support this conclusion, with similar penthouses selling for prices ranging from £490,000 to £595,000. The property’s modern updates, excellent location, and desirable features justify its price point.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
8
Location
9
Land
6
Bedrooms
3
Bathrooms
2
Sqft (est)
2,520.00

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
430,000.00 £
Decreased by 17.39 %
from 520,527.00 £
Est sale value
1,222,200.00 £
Increased by 23.41 %
from 990,360.00 £
Average area rental value
1,715.00 £/mo
Increased by 5.67 %
from 1,623.00 £/mo
Est letting value
2,520.00 £/mo
Unchanged by 0.00 %
from 2,520.00 £/mo
Est rental Yield
4.79 %
Increased by 28.07 %
from 3.74 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Melvyn Danes created the listing.

Nearby Schools

NameTypeOfstedDistance
Solihull SchoolOther Independent School1.45 KM
Solihull Sixth Form CollegeAcademy 16-19 ConverterGood1.46 KM
Tudor Grange Primary Academy Yew TreeAcademy Converter1.58 KM
St Alphege Church Of England Infant And Nursery SchoolVoluntary Aided SchoolOutstanding1.68 KM
St Alphege Church Of England Junior SchoolVoluntary Aided SchoolGood1.81 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
School Lane £ 565,83300.00 KM
Damson Parkway £ 000.00 KM
Guardian Court £ 000.00 KM
Cedarhurst £ 249,99200.00 KM
Heath Road £ 350,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Widney Manor4528WMR2.15 KM
Solihull4527SOL3.23 KM
Dorridge4525DDG4.13 KM
Olton4533OLT5.95 KM
Birmingham International1215BHI6.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Riverside Drive, Solihull £ 500,000BUY7 / 100.00 KM
Riverside Drive, Solihull, B91 £ 375,000BUY7 / 100.10 KM
Riverside Drive, Solihull, B91 £ 595,000BUY7 / 100.11 KM
Riverside Drive, Solihull £ 575,000BUY6 / 100.11 KM
Riverside Drive, Solihull £ 325,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
Riverside Bungalow £ 199,9500.04 KM
31 Riverside Drive £ 350,0000.04 KM
38 Riverside Drive £ 362,5000.04 KM
25 Riverside Drive £ 375,0000.04 KM
5 Riverside Drive £ 207,5000.04 KM