Rice Chamberlains LLP says ..

Property Oracle says ..

The property is a two-bedroom apartment listed at £160,000. The apartment is presented in good condition, and the photos show a recently decorated interior with modern fixtures and fittings. The kitchen and bathroom appear clean and well-maintained. The flooring throughout appears to be in good condition. The property benefits from a balcony offering a pleasant outdoor space. The location in Brandwood & King’s Heath, Birmingham, is a significant factor. While the average house price in the area is considerably higher at £315,458, this reflects a broader market trend and doesn’t necessarily diminish the value of this specific apartment. The presence of nearby schools (Lindsworth School, Woodthorpe Junior and Infant School, and others) with good Ofsted ratings is a positive aspect for families. Several train stations are within a reasonable distance, providing convenient access to other parts of Birmingham and beyond. The lack of plot size information (0.00 sqft) indicates that the property is an apartment and does not include a private garden. This is common for apartments in this area and should be considered when assessing the overall value. Considering the list price of £160,000, the average price per sqft in the area is £299. The property’s size of 790 sqft suggests a potential value of approximately £236,210 (£299 x 790). However, given that it is an apartment with no garden and the lower average price per sqft for similar properties in the area, the current listing price appears to be significantly below the average for the area, making it potentially good value for money. The lower price may be due to the apartment’s size or lack of outdoor space compared to other properties. Further investigation into comparable properties in Westhouse Court would provide a clearer picture.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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