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 %
- Average area rental value
- 1,037.00 £/moDecreased by 1.05 %
- Est rental Yield
- 5.61 %Decreased by 16.14 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Henley Charles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Stockland Green School | Academy Converter | Good | 0.41 KM |
| The Pines Special School | Foundation Special School | Good | 0.53 KM |
| Flexible Learning School | Other Independent School | Good | 0.66 KM |
| Slade Primary School | Academy Sponsor Led | Good | 0.75 KM |
| Spring Hill High School | Other Independent Special School | Requires improvement | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Anchorage Court | £ 230,000 | 0 | 0.00 KM |
| Victoria Road | £ 214,988 | 0 | 0.00 KM |
| Hampton Road | £ 303,750 | 0 | 0.00 KM |
| Albert Road | £ 200,000 | 0 | 0.00 KM |
| Abbey Road | £ 195,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gravelly Hill | 1132 | GVH | 1.04 KM |
| Aston | 1004 | AST | 2.13 KM |
| Erdington | 1041 | ERD | 2.53 KM |
| Witton (West Midlands) | 1011 | WTT | 2.75 KM |
| Chester Road | 1130 | CRD | 3.58 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mere Road, Birmingham, West Midlands, B23 | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Mere Road, Erdington, Birmingham | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Mere Road, Birmingham | £ 365,000 | BUY | 7 / 10 | 0.01 KM |
| Mere Road, Erdington, Birmingham | £ 205,000 | BUY | 6 / 10 | 0.05 KM |
| 93 Doidge Road, Birmingham, West Midlands, B23 7SQ | £ 49,000 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Mere Road | £ 128,500 | 0.00 KM |
| 104 Mere Road | £ 105,000 | 0.00 KM |
| 90 Mere Road | £ 135,000 | 0.00 KM |
| 51 Mere Road | £ 235,000 | 0.00 KM |
| 102 Mere Road | £ 120,000 | 0.00 KM |