Wood Lane, Birmingham
IN

Wood Lane, Birmingham

By Innovate Estate Agents

£ 195,000

Reviews

2 out of 5 stars

Innovate Estate Agents says ..

Innovate Estate Agents are pleased to present this TWO BEDROOM MID TERRACED PROPERTY situated in Handsworth! The property comprises of fore garden, TWO RECEPTION ROOMS, FITTED KITCHEN, downstairs bathroom, rear garden, double glazing and gas central heating throughout! Thanks to its sought after ...

Property Oracle says ..

This two-bedroom mid-terraced house in Handsworth Wood, Birmingham, presents a mixed bag. Its location offers reasonable proximity to several ‘Good’-rated primary schools and train stations, representing convenient access to education and transportation. However, precise access to shops and other daily necessities isn’t explicitly detailed, limiting a complete assessment of location. The photographs suggest the property is generally habitable but in need of some modernisation and cosmetic improvements. While the interior appears functional, dated interior design elements and a need for repairs will require investment from the prospective buyer. The rear garden, while present, seems somewhat overgrown and will require maintenance. The property is listed at £195,000, a price that appears relatively fair compared to nearby similar properties. However, without knowing the property’s square footage, an accurate assessment of value per square foot isn’t possible. The property could appeal to first-time buyers or investors seeking a refurbishment project in a reasonably convenient area, though its condition might detract potential buyers seeking move-in-ready properties. Overall, it’s a property that would require some investment to fully maximize its potential. Further investigation of the precise square footage would allow for more precise evaluation of the value.

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
5
Location
6
Land
4
Bedrooms
2
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
320,000.00 £
Decreased by 17.89 %
from 389,722.00 £
Average area rental value
929.00 £/mo
Decreased by 15.00 %
from 1,093.00 £/mo
Est rental Yield
3.48 %
Increased by 3.26 %
from 3.37 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Innovate Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
St Clare'S Catholic Primary SchoolVoluntary Aided SchoolRequires improvement0.66 KM
St Marys C Of E Primary And Nursery, Academy, HandsworthAcademy ConverterGood0.80 KM
Holy Trinity Ce Primary Academy (Handsworth)Academy ConverterRequires improvement0.84 KM
Cherry Orchard Primary SchoolCommunity SchoolGood0.92 KM
Westminster Primary SchoolAcademy ConverterGood0.92 KM

Images

Photo 7 Photo 2 Photo 1 Photo 3 Photo 5 Photo 6 Photo 4

Nearby Streets

NameAverage PriceAverage SqftDistance
Howard Road £ 194,97500.00 KM
Kingsleigh Road £ 000.00 KM
Westerings £ 000.00 KM
Ashleigh Drive £ 000.00 KM
Grosvenor Avenue £ 262,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Perry Barr1128PRY1.33 KM
Hamstead (Birmingham)1145HSD2.37 KM
Jewellery Quarter1097JEQ2.95 KM
Witton (West Midlands)1011WTT3.29 KM
Birmingham Snow Hill1006BSW3.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wood Lane, Birmingham £ 195,000BUY5 / 100.00 KM
14% Net Yield, £45'000 Pa Net Rent, Wood Lane, Birmingham, B20 £ 320,000BUY6 / 100.01 KM
Wood Lane, Handsworth Wood, Birmingham £ 155,000BUY6 / 100.01 KM
Howard Road, Birmingham, B20 £ 175,000BUY5 / 100.05 KM
Lea Hall Green, Birmingham £ 450,000BUY7 / 100.18 KM

Nearby Properties

AddressPriceDistance
35 Wood Lane £ 36,9500.01 KM
53 Wood Lane £ 108,0000.01 KM
69 Wood Lane £ 124,9000.01 KM
59 Wood Lane £ 70,0000.01 KM
51 Wood Lane £ 120,0000.01 KM