Mere Road, Erdington, Birmingham
Henley Charles logo

Mere Road, Erdington, Birmingham

By Henley Charles

£ 220,000

Reviews

2 out of 5 stars

Henley Charles says ..

HMO LICENSED - Investment opportunity all rooms let on a annual return of £23,820 per year, giving 9.7% gross yield on investment. Located in Erdington & only 15mins walk to Train Station, this property is ideal for someone looking for a steady income stream.

Property Oracle says ..

This is a five-bedroom terraced property located in Stockland Green, Erdington, Birmingham. The property is listed for £220,000. While the property benefits from its proximity to schools and transportation, it appears to be in need of renovation. The lack of a garden may be a drawback for some buyers. However, the price seems reasonable given the location and the potential for improvement.

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
4
Location
6
Land
3
Bedrooms
5
Bathrooms
2

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
221,900.00 £
Increased by 17.98 %
from 188,075.00 £
Average area rental value
1,037.00 £/mo
Decreased by 1.05 %
from 1,048.00 £/mo
Est rental Yield
5.61 %
Decreased by 16.14 %
from 6.69 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Henley Charles created the listing.

Nearby Schools

NameTypeOfstedDistance
Stockland Green SchoolAcademy ConverterGood0.41 KM
The Pines Special SchoolFoundation Special SchoolGood0.53 KM
Flexible Learning SchoolOther Independent SchoolGood0.66 KM
Slade Primary SchoolAcademy Sponsor LedGood0.75 KM
Spring Hill High SchoolOther Independent Special SchoolRequires improvement1.04 KM

Images

Front Kitchen Bathroom Room 1 Room 4 Kitchen Room 2 Room 3 Room 6 Room 5 2D Floorplan

Nearby Streets

NameAverage PriceAverage SqftDistance
Anchorage Court £ 230,00000.00 KM
Victoria Road £ 214,98800.00 KM
Hampton Road £ 303,75000.00 KM
Albert Road £ 200,00000.00 KM
Abbey Road £ 195,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Gravelly Hill1132GVH1.04 KM
Aston1004AST2.13 KM
Erdington1041ERD2.53 KM
Witton (West Midlands)1011WTT2.75 KM
Chester Road1130CRD3.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mere Road, Birmingham, West Midlands, B23 £ 220,000BUY5 / 100.00 KM
Mere Road, Erdington, Birmingham £ 220,000BUY5 / 100.00 KM
Mere Road, Birmingham £ 365,000BUY7 / 100.01 KM
Mere Road, Erdington, Birmingham £ 205,000BUY6 / 100.05 KM
93 Doidge Road, Birmingham, West Midlands, B23 7SQ £ 49,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
63 Mere Road £ 128,5000.00 KM
104 Mere Road £ 105,0000.00 KM
90 Mere Road £ 135,0000.00 KM
51 Mere Road £ 235,0000.00 KM
102 Mere Road £ 120,0000.00 KM