Claypit Lane, West Bromwich
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Claypit Lane, West Bromwich

By Connells

£ 224,000

Reviews

2 out of 5 stars

Connells says ..

The house is a great starter home/investor opportunity and so would really suit a first-time buyer, as well as a rental property. The property is nearby to several schools, local shops and a park.

Property Oracle says ..

This three-bedroom semi-detached house located on Claypit Lane, West Bromwich, presents a mixed bag of opportunities and challenges for potential buyers. The property benefits from a convenient location, close to well-regarded schools and local amenities, making it suitable for families. The proximity to train stations provides good connectivity. However, the condition of the property is a significant factor to consider. The interior requires significant modernisation and updating. The kitchen and bathroom particularly exhibit signs of wear and tear and are in need of refurbishment. The garden, while present, seems relatively small based on the available images, and could benefit from landscaping. The asking price of £224,000 must be assessed in context with its condition. While comparable properties in the immediate area show varying price points, the required investment for renovations would likely influence any negotiation. This property would be suitable for those seeking a project or looking for a potential rental investment after refurbishment. Potential buyers should thoroughly assess the cost of renovations prior to making an offer, factoring in labor, materials, and potential professional help needed. This is a property that presents both potential and substantial investment need.

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
6
Condition
4
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,000.00

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
250,000.00 £
Increased by 29.42 %
from 193,175.00 £
Est sale value
299,000.00 £
Increased by 32.89 %
from 225,000.00 £
Average area rental value
833.00 £/mo
Decreased by 23.08 %
from 1,083.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,000.00 £/mo
Est rental Yield
4.00 %
Decreased by 40.56 %
from 6.73 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
George Salter AcademyAcademy Sponsor LedGood0.11 KM
Ryders Green Primary SchoolCommunity SchoolGood0.18 KM
Greets Green Sure Start Children'S CentreChildren's Centre0.26 KM
Hanbury Primary SchoolCommunity SchoolGood0.80 KM
Lodge Primary SchoolCommunity SchoolGood1.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Eaton Avenue £ 000.00 KM
Dillars Walk £ 230,00000.00 KM
New Road £ 240,00000.00 KM
Millward Street £ 200,00000.00 KM
New Gas Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sandwell And Dudley1149SAD1.79 KM
Langley Green4607LGG3.52 KM
Dudley Port1212DDP4.14 KM
Smethwick Galton Bridge1114SGB4.32 KM
Bescot Stadium1003BSC4.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Claypit Lane, West Bromwich £ 224,000BUY5 / 100.00 KM
Ryders Mill Close, West Bromwich £ 270,000BUY6 / 100.12 KM
Claypit Lane, West Bromwich £ 130,000BUYUnknown0.25 KM
Claypit Lane, West Bromwich £ 350,000BUY7 / 100.25 KM
Claypit Lane, West Bromwich, B70 £ 125,000BUY6 / 100.25 KM

Nearby Properties

AddressPriceDistance
59 Claypit Lane £ 72,5670.02 KM
44 Claypit Lane £ 156,7460.04 KM
18 Claypit Lane £ 150,0000.08 KM
18 Ryders Mill Close £ 128,0000.12 KM
101 Claypit Lane £ 83,0000.14 KM