Ravenhurst Mews, Erdington, Birmingham
By Waller & Farnworth
£ 47,500
Reviews
2 out of 5 stars
Waller & Farnworth says ..
INDEPENDENT AFFORDABLE RETIREMENT LIVING - Purchase at 70% of full 100% value. A TWO bedroom ground floor retirement apartment for the over 60's. Must be owner occupier, no subletting. Property benefits from its own individual entrance, cul-de-sac location of only over 60's dwellings, double glaz...
Property Oracle says ..
This two-bedroom, one-bathroom flat is situated in Ravenhurst Mews, Erdington, Birmingham. The property is part of a complex of similar properties. The images reveal a property that is functional but requires some updating. The kitchen and bathroom are dated, and the decor throughout the property appears tired. The living spaces seem adequate for a two-bedroom flat, with built-in storage evident in the bedrooms. The exterior shows a brick building with a manageable shared garden area.
The location is convenient, with several schools within walking distance and train stations within reasonable proximity. Erdington offers a range of local amenities. However, Erdington is not known as a premium location in Birmingham and it’s important to consider this in your assessment. The lack of precise square footage data for comparative properties makes a definitive analysis of value difficult, but based on nearby listed properties and descriptions, the price seems to be in line with market values for similar properties in the area, whilst still accounting for the required modernisation works. Potential buyers should factor in renovation costs into their overall budget.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 630.00
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
- 223,571.00 £Increased by 0.90 %
- Est sale value
- 234,990.00 £Increased by 36.13 %
- Average area rental value
- 1,011.00 £/moIncreased by 21.51 %
- Est letting value
- 630.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.43 %Increased by 20.40 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Waller & Farnworth marked this listing as sold.
Waller & Farnworth created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Featherstone Nursery School | Local Authority Nursery School | Good | 0.42 KM |
| Featherstone Children'S Centre | Children's Centre | 0.42 KM | |
| St Mary And St John Junior And Infant School | Academy Sponsor Led | 0.50 KM | |
| Featherstone Primary School | Community School | Good | 0.65 KM |
| Imedia School | Other Independent School | Requires improvement | 0.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rosedale Avenue | £ 0 | 0 | 0.00 KM |
| Reservoir Road | £ 80,000 | 0 | 0.00 KM |
| Cecil Road | £ 305,000 | 0 | 0.00 KM |
| Tudor Gardens | £ 262,500 | 0 | 0.00 KM |
| Oakfield Road | £ 81,800 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gravelly Hill | 1132 | GVH | 0.84 KM |
| Erdington | 1041 | ERD | 1.23 KM |
| Chester Road | 1130 | CRD | 2.36 KM |
| Aston | 1004 | AST | 3.25 KM |
| Wylde Green | 1138 | WYL | 3.31 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ravenhurst Mews, Bristol Road, Erdington | £ 45,000 | BUY | 4 / 10 | 0.00 KM |
| Ravenhurst Mews, Erdington, Birmingham | £ 47,500 | BUY | 5 / 10 | 0.00 KM |
| Bristol Road, Erdington, Birmingham | £ 50,000 | BUY | 6 / 10 | 0.02 KM |
| Ravenhurst Mews, Erdington, Birmingham | £ 57,500 | BUY | Unknown | 0.03 KM |
| Ravenhurst Mews, Erdington, Birmingham | £ 50,000 | BUY | 7 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 123 Gravelly Hill North | £ 60,000 | 0.16 KM |
| 3 Fentham Road | £ 186,000 | 0.16 KM |
| 10 Birchdale Avenue | £ 55,500 | 0.17 KM |
| 26 Birchdale Avenue | £ 42,000 | 0.17 KM |
| 34 Birchdale Avenue | £ 42,000 | 0.17 KM |