Ravenhurst Mews, Erdington, Birmingham
WA

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 %
from 221,569.00 £
Est sale value
234,990.00 £
Increased by 36.13 %
from 172,620.00 £
Average area rental value
1,011.00 £/mo
Increased by 21.51 %
from 832.00 £/mo
Est letting value
630.00 £/mo
Unchanged by 0.00 %
from 630.00 £/mo
Est rental Yield
5.43 %
Increased by 20.40 %
from 4.51 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Waller & Farnworth marked this listing as sold.

  • Waller & Farnworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Featherstone Nursery SchoolLocal Authority Nursery SchoolGood0.42 KM
Featherstone Children'S CentreChildren's Centre0.42 KM
St Mary And St John Junior And Infant SchoolAcademy Sponsor Led0.50 KM
Featherstone Primary SchoolCommunity SchoolGood0.65 KM
Imedia SchoolOther Independent SchoolRequires improvement0.73 KM

Images

Photo 14 Photo 25 Photo 17 Photo 18 Photo 15 Photo 16 Photo 19 Photo 2 Photo 1 Photo 7 Photo 3 Photo 6 Photo 23 Photo 20 Photo 22 Photo 21 Photo 13 Photo 9 Photo 8 Photo 10 Photo 11 Photo 12 Photo 24 Photo 4

Nearby Streets

NameAverage PriceAverage SqftDistance
Rosedale Avenue £ 000.00 KM
Reservoir Road £ 80,00000.00 KM
Cecil Road £ 305,00000.00 KM
Tudor Gardens £ 262,50000.00 KM
Oakfield Road £ 81,80000.00 KM

Nearby Transport

NameNLCTLCDistance
Gravelly Hill1132GVH0.84 KM
Erdington1041ERD1.23 KM
Chester Road1130CRD2.36 KM
Aston1004AST3.25 KM
Wylde Green1138WYL3.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ravenhurst Mews, Bristol Road, Erdington £ 45,000BUY4 / 100.00 KM
Ravenhurst Mews, Erdington, Birmingham £ 47,500BUY5 / 100.00 KM
Bristol Road, Erdington, Birmingham £ 50,000BUY6 / 100.02 KM
Ravenhurst Mews, Erdington, Birmingham £ 57,500BUYUnknown0.03 KM
Ravenhurst Mews, Erdington, Birmingham £ 50,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
123 Gravelly Hill North £ 60,0000.16 KM
3 Fentham Road £ 186,0000.16 KM
10 Birchdale Avenue £ 55,5000.17 KM
26 Birchdale Avenue £ 42,0000.17 KM
34 Birchdale Avenue £ 42,0000.17 KM