Watt Rd- 16.5% Net Yield - £66,000 p.a Net Rent, Birmingham, B23
By The Online Property Agency
£ 399,950
Reviews
2 out of 5 stars
The Online Property Agency says ..
** 16.5% Net Yield – £66,000 P.A Net Rent / £5,500 PCM Net Rent – Fully Let On new 5 Year hands off Lease **
Property Oracle says ..
This property is a 6 bedroom, 6 bathroom house located in Stockland Green, Birmingham. The property benefits from being close to several schools including Featherstone Primary School (rated good by Ofsted) and is within a reasonable distance of several train stations. The property itself appears to have undergone some modernisation, as seen in the interior photos, however, further information regarding the property condition and plot size would be beneficial in providing a more comprehensive analysis. The list price of £399,950 is significantly higher than the average price for the area (£190,953), and without knowing the plot size and the condition of the property, it is difficult to determine if this is a reasonable price. More information is needed to provide a complete and accurate assessment.
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
- 4
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 890.00
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
- 221,900.00 £Increased by 17.98 %
- Est sale value
- 204,700.00 £Increased by 9.52 %
- Average area rental value
- 1,037.00 £/moDecreased by 1.05 %
- Est letting value
- 890.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.61 %Decreased by 16.14 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
The Online Property Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Featherstone Primary School | Community School | Good | 0.33 KM |
| Featherstone Nursery School | Local Authority Nursery School | Good | 0.44 KM |
| Featherstone Children'S Centre | Children's Centre | 0.44 KM | |
| Imedia School | Other Independent School | Requires improvement | 0.54 KM |
| St Mary And St John Junior And Infant School | Academy Sponsor Led | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Reservoir Road | £ 80,000 | 0 | 0.00 KM |
| Rosedale Avenue | £ 0 | 0 | 0.00 KM |
| Boundary Road | £ 132,483 | 0 | 0.00 KM |
| Cecil Road | £ 305,000 | 0 | 0.00 KM |
| Tudor Gardens | £ 262,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Erdington | 1041 | ERD | 0.99 KM |
| Gravelly Hill | 1132 | GVH | 1.19 KM |
| Chester Road | 1130 | CRD | 2.08 KM |
| Wylde Green | 1138 | WYL | 2.96 KM |
| Aston | 1004 | AST | 3.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Watt Rd- 16.5% Net Yield - £66,000 p.a Net Rent, Birmingham, B23 | £ 399,950 | BUY | 5 / 10 | 0.00 KM |
| Watt Road, Birmingham | £ 210,000 | BUY | 6 / 10 | 0.01 KM |
| Watt Road, Erdington, Birmingham | £ 190,000 | BUY | 5 / 10 | 0.02 KM |
| Watt Road, Birmingham, B23 6EU | £ 210,000 | BUY | 7 / 10 | 0.03 KM |
| Watt Road, Erdington, Birmingham, B23 6ET | £ 280,000 | BUY | 7 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 61 Watt Road | £ 158,000 | 0.01 KM |
| 3 Watt Road | £ 192,000 | 0.01 KM |
| 11 Watt Road | £ 122,000 | 0.01 KM |
| 35 Watt Road | £ 167,000 | 0.01 KM |
| 15 Watt Road | £ 120,000 | 0.01 KM |