Manny Klarico says ..

Property Oracle says ..

This three-bedroom terraced house on Reddings Lane, Birmingham is listed at £190,000. The property requires significant renovation, as evidenced by the images. The interior shows wear and tear, and the garden is overgrown and unkempt. While the location benefits from proximity to several schools (Al-Furqan Primary School, Yardleys School, Al-Ameen Primary School, Yorkmead Junior And Infant School, and Yarnfield Primary School) and railway stations (Tyseley, Spring Road, Hall Green, Small Heath, and Yardley Wood), the property itself needs considerable work. The average house price in the area is significantly higher (£312,377), and while comparable properties on Reddings Lane range from £82,000 to £207,000, this property’s condition affects its value. The lack of plot size data prevents a full land assessment. Considering the condition and the need for renovation, the asking price may be considered reasonable for a buyer willing to undertake a full refurbishment. However, the price per square foot is lower than the average for the area.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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