High Trees Close, Redditch, Worcestershire, B98
By Pure Investor
£ 250,000
Reviews
3 out of 5 stars
Pure Investor says ..
Fully let HMO property with substantial monthly income | HMO licence in place | Tenants on individual ASTS - secure and diversified rental stream | Annual rental income of £29,940 | Gross yield of 12%
Property Oracle says ..
This property is a two bedroom, two bathroom apartment located in Redditch, Worcestershire. The apartment is in good condition and benefits from a small rear garden. The property is conveniently located near several schools, including Crabbs Cross Academy (Good Ofsted rating) and St Augustine’s Catholic High School (Outstanding Ofsted rating). Redditch train station is also within a reasonable distance, providing convenient access to other areas. The list price of £250,000 seems reasonable considering the average price of similar properties in the area, although more data on comparable properties would be needed for a more precise assessment. The average price per sqft in the area is £291, and this property has 859.81 sqft, which is smaller than the average in the area. The property appears to be well-maintained and offers a comfortable living space.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 859.81
- Lot (est)
- 1,015.04
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
- 305,000.00 £Increased by 0.19 %
- Est sale value
- 234,728.13 £Decreased by 4.88 %
- Average area rental value
- 750.00 £/moDecreased by 12.18 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.95 %Decreased by 12.46 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Pure Investor created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Crabbs Cross Academy | Academy Sponsor Led | Good | 0.67 KM |
| St Luke'S Cofe First School | Voluntary Controlled School | Requires improvement | 1.10 KM |
| The Vaynor First School | Academy Converter | Good | 1.26 KM |
| St Augustine'S Catholic High School | Academy Converter | Outstanding | 1.31 KM |
| Walkwood Church Of England Middle School | Academy Converter | Good | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Northside Close | £ 0 | 0 | 0.00 KM |
| Hanover Court | £ 0 | 0 | 0.00 KM |
| Coldfield Drive | £ 0 | 0 | 0.00 KM |
| The Folly | £ 0 | 0 | 0.00 KM |
| Forest View | £ 245,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redditch | 1208 | RDC | 2.18 KM |
| Alvechurch | 1198 | ALV | 7.14 KM |
| Barnt Green | 1096 | BTG | 9.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Trees Close, Redditch, Worcestershire, B98 | £ 250,000 | BUY | 6 / 10 | 0.00 KM |
| High Trees Close, Redditch, B98 | £ 130,000 | BUY | 6 / 10 | 0.06 KM |
| Evesham Road, Headless Cross, Redditch B97 | £ 225,000 | BUY | 5 / 10 | 0.14 KM |
| Evesham Road, Redditch, Worcestershire, B97 | £ 260,000 | BUY | 6 / 10 | 0.21 KM |
| Evesham Road, Redditch, B97 | £ 550,000 | BUY | 7 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 79 High Trees Close | £ 85,000 | 0.00 KM |
| 121 High Trees Close | £ 92,000 | 0.00 KM |
| 93 High Trees Close | £ 85,000 | 0.00 KM |
| 90 High Trees Close | £ 78,000 | 0.00 KM |
| 99 High Trees Close | £ 87,500 | 0.00 KM |