Genie Homes says ..
*** INVESTORS OPPORTUNITY *** NEW TO THE MARKET *** We are pleased to present this fantastic 6-bedroom, 6-bathroom HMO located on Chester Road, Erdington, Birmingham. This fully tenanted property offers an immediate income stream, making it an excellent investment opportunity. K...
Property Oracle says ..
This six-bedroom, six-bathroom property located on Chester Road in Erdington, Birmingham, presents a compelling opportunity for investors or large families. Its proximity to Chester Road train station and local schools enhances its appeal. The interior boasts a recently updated kitchen and flooring, suggesting some level of recent renovation. However, other areas could benefit from further improvements. The exterior presents as a standard brick house with some minor maintenance needs. The small rear garden offers limited outdoor space. The property’s list price of £400,000 appears reasonable, particularly given the number of bedrooms and bathrooms, but further comparative market analysis would be beneficial to confirm its value. The property’s condition is satisfactory but not top-tier. The lack of plot size information hinders a full assessment of land value. Overall, the property offers good potential but requires a more detailed inspection to fully assess its condition and market 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
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 1,722.23
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
- 257,097.00 £Decreased by 8.25 %
- Est sale value
- 568,335.90 £Increased by 14.98 %
- Average area rental value
- 956.00 £/moIncreased by 1.92 %
- Est letting value
- 1,722.23 £/mo
- Est rental Yield
- 4.46 %Increased by 10.95 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Genie Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Edmund Campion Catholic School | Academy Converter | 0.45 KM | |
| Yenton Primary School | Academy Converter | 0.50 KM | |
| Wylde Green Primary School | Community School | Good | 0.59 KM |
| Abbey Catholic Primary School | Academy Converter | 0.92 KM | |
| Highclare School | Other Independent School | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mason Cottages | £ 425,000 | 0 | 0.00 KM |
| Abbey Way | £ 335,000 | 0 | 0.00 KM |
| Emmanuel Road | £ 517,500 | 0 | 0.00 KM |
| Grange Road | £ 439,423 | 0 | 0.00 KM |
| Windsor Drive | £ 280,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chester Road | 1130 | CRD | 0.59 KM |
| Erdington | 1041 | ERD | 1.41 KM |
| Wylde Green | 1138 | WYL | 1.45 KM |
| Gravelly Hill | 1132 | GVH | 3.41 KM |
| Sutton Coldfield | 1044 | SUT | 3.55 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chester Road, Erdington | £ 400,000 | BUY | 5 / 10 | 0.00 KM |
| Douay Road, Birmingham | £ 375,000 | BUY | 7 / 10 | 0.05 KM |
| Yenton Court , Erdington | £ 90,000 | BUY | 5 / 10 | 0.09 KM |
| Chester Road, Erdington, Birmingham | £ 435,000 | BUY | Unknown | 0.11 KM |
| Flat 2, Yenton Court, 742 Chester Road, Erdington, Birmingham, West Midlands, B24 0EB | £ 60,000 | BUY | 5 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 735 Chester Road | £ 33,499 | 0.01 KM |
| 755 Chester Road | £ 375,000 | 0.01 KM |
| 727 Chester Road | £ 152,000 | 0.01 KM |
| 737 Chester Road | £ 225,000 | 0.01 KM |
| 751 Chester Road | £ 110,000 | 0.01 KM |