The Online Property Agency says ..

Property Oracle says ..

This property is a commercial property located on Pershore Road in Stirchley, Birmingham. The list price is £65,000 for a 680 sqft building. The property appears to be a former restaurant, currently vacant. Location: Stirchley benefits from its proximity to several amenities. Stirchley Primary School, rated ‘Good’ by Ofsted, is within a short distance, along with other schools offering various educational options. Several train stations are also within reasonable commuting distance, providing access to Birmingham city centre and beyond. The area’s walkability and access to local shops and businesses contribute to its overall convenience. However, the specific location of the property on Pershore Road may be a factor to consider, as this main road can be busy. Condition: Based on the provided images, the property’s condition appears to be fair to average. While the interior shows some signs of wear and tear, it is not in a state of disrepair. The kitchen equipment appears dated but functional. The property may require some refurbishment or updating to meet modern standards. Land: The property includes a small, somewhat unkempt rear yard, which is limited in size. While it provides some outdoor space, it is not a significant feature. Price: Considering the property’s size (680 sqft), its location in Stirchley, and its condition, the list price of £65,000 is significantly below the average house price in the area (£268,752). However, it’s crucial to note that this is a commercial property, not residential. The average price per sqft in the area (£274) is not directly comparable, as this metric is typically used for residential properties. A comparative market analysis of similar commercial properties in Stirchley is needed to determine the reasonableness of the asking price. The price may reflect the need for refurbishment or the specific challenges associated with commercial properties in this location.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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