Chestnut Court, Chester Road, Birmingham,
HO

Chestnut Court, Chester Road, Birmingham,

By Homewise

£ 56,000

Reviews

2 out of 5 stars

Homewise says ..

Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to personal circumstances and requirements. Your price may vary. OVER 60s could SAVE up to 49% from the market value with a one-off payment for a Lifetime Lease on this property. £59,500 GUIDE PRICE represents a typical 30% SAVING.

Property Oracle says ..

This property is a one-bedroom retirement apartment situated within the Chestnut Court complex in Shard End, Birmingham. The apartment is presented as a guide price for a lifetime lease, appealing specifically to those aged 60+. The provided images reveal dated interiors, including carpets, wall coverings, and kitchen fixtures. Modernisation would likely enhance its appeal. The exterior of the building appears to be in relatively good condition. The complex offers communal areas, including a lounge and a shared green space, which suggests a sense of community. Transportation links are relatively close, including several train stations within a reasonable distance. The presence of schools nearby adds to its family-friendly appeal, but the property’s nature as retirement accommodation needs to be considered. In the context of comparable properties in the same complex and surrounding area, the list price appears reasonable, although it’s crucial to factor in potential additional costs associated with leasehold ownership and any future maintenance charges.

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
5
Location
7
Land
4
Bedrooms
1
Bathrooms
1

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
210,398.00 £
Decreased by 9.64 %
from 232,840.00 £
Average area rental value
1,204.00 £/mo
Increased by 43.33 %
from 840.00 £/mo
Est rental Yield
6.87 %
Increased by 58.66 %
from 4.33 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
Castle Bromwich Junior SchoolCommunity SchoolGood0.56 KM
Guardian Angels Catholic Primary SchoolAcademy Converter0.57 KM
Castle Bromwich Infant And Nursery SchoolCommunity SchoolOutstanding0.76 KM
Yorkswood Children'S CentreChildren's Centre0.95 KM
Yorkswood Primary SchoolCommunity SchoolRequires improvement0.97 KM

Images

Front Entrance Living Room Kitchen Communal Gardens Residents Lounge Living Room Bedroom Bathroom Residents Lounge Front Entrance

Nearby Streets

NameAverage PriceAverage SqftDistance
Chestnut Court £ 105,00000.00 KM
Melbourne Road £ 000.00 KM
Hurst Lane North £ 165,00000.00 KM
Hurst Close £ 200,00000.00 KM
Clifton Road £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Water Orton1121WTO2.79 KM
Lea Hall1133LEH3.59 KM
Marston Green1034MGN3.70 KM
Stechford1043SCF5.88 KM
Coleshill Parkway9882CEH6.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chestnut Court, Chester Road, Birmingham, £ 56,000BUY5 / 100.00 KM
Chester Road, Castle Bromwich, Birmingham £ 90,000BUY6 / 100.00 KM
Chester Road, Castle Bromwich, Birmingham, West Midlands, B36 £ 85,000BUY5 / 100.00 KM
Chestnut Court (Castle Bromwich), Castle Bromwich £ 75,000BUYUnknown0.01 KM
Chestnut Court (Castle Bromwich), Castle Bromwich £ 85,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
26 Hall Hays Road £ 100,0000.11 KM
46 Hall Hays Road £ 89,9500.11 KM
6 Hall Hays Road £ 123,0000.11 KM
106 Hall Hays Road £ 136,0000.11 KM
80 Hall Hays Road £ 125,0000.11 KM