Paul Dubberley & Co says ..
BUY TO LET LANDLORD ONLY -- TENANT PAYING £700PCM -- Great Opportunity To Purchase a 3rd Floor Penthouse Apartment within easy Walking Distance of Dudley Town Centre. Offering the benefit of Double Glazing, Electric Heating, Lift Service, security entrance doors.
Property Oracle says ..
This property is a two-bedroom apartment located in Dudley town centre, in the Metropolitan Lofts building. The location offers good access to transport links, schools, and amenities. However, the apartment itself presents a mixed picture. The photos suggest a dated interior needing some modernisation. The kitchen seems slightly worn, and the overall aesthetic could benefit from updating. A significant downside is the complete lack of any outdoor space. The property’s small size (80 square feet) is a key factor to consider.
The listing price of £70,000 needs careful assessment. While comparable properties in the area have a wide price range, the lack of square footage data in most nearby listings makes a direct price-per-square-foot comparison difficult. The price might be justifiable due to its central location and potential rental income if marketed to investors. However, buyers should factor in the necessary modernisation costs to improve the property’s overall condition and market value. Prospective buyers should conduct a thorough property survey before proceeding with a purchase.
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
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 80.00
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
- 1,598,970.00 £Decreased by 20.58 %
- Est sale value
- 116,560.00 £Decreased by 26.53 %
- Average area rental value
- 2,716.00 £/moDecreased by 1.74 %
- Est letting value
- 160.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.04 %Increased by 23.64 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Paul Dubberley & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dudley College Of Technology | Further Education | Outstanding | 0.48 KM |
| St James Academy | Academy Converter | 0.49 KM | |
| Blowers Green Primary School | Academy Converter | 0.89 KM | |
| Priory Children'S Centre | Children's Centre | 0.96 KM | |
| Jesson'S Cofe Primary School (Va) | Voluntary Aided School | Requires improvement | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Trident Centre | £ 0 | 0 | 0.00 KM |
| New King Street | £ 0 | 0 | 0.00 KM |
| Cross Street | £ 180,000 | 0 | 0.00 KM |
| New Mill Street | £ 98,250 | 0 | 0.00 KM |
| Church Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Tipton | 1159 | TIP | 3.10 KM |
| Coseley | 1143 | CSY | 3.77 KM |
| Dudley Port | 1212 | DDP | 4.31 KM |
| Cradley Heath | 4639 | CRA | 4.65 KM |
| Old Hill | 4641 | OHL | 5.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Parsons Street, Dudley | £ 70,000 | BUY | 5 / 10 | 0.00 KM |
| Parsons Street, Dudley | £ 90,000 | BUY | Unknown | 0.00 KM |
| Parsons Street, Dudley, | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Metropolitan Lofts, Dudley | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| Parsons Street, Dudley | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Priory Road | £ 365,000 | 0.28 KM |
| 219 High Street | £ 220,000 | 0.33 KM |
| 51 The Broadway | £ 232,000 | 0.37 KM |
| 59 The Broadway | £ 300,000 | 0.37 KM |
| 55 The Broadway | £ 335,000 | 0.37 KM |