Chester Road, Erdington
GE

Chester Road, Erdington

By Genie Homes

£ 400,000

Reviews

2 out of 5 stars

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 %
from 280,201.00 £
Est sale value
568,335.90 £
Increased by 14.98 %
from 494,280.01 £
Average area rental value
956.00 £/mo
Increased by 1.92 %
from 938.00 £/mo
Est letting value
1,722.23 £/mo
from 0.00 £/mo
Est rental Yield
4.46 %
Increased by 10.95 %
from 4.02 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Genie Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
St Edmund Campion Catholic SchoolAcademy Converter0.45 KM
Yenton Primary SchoolAcademy Converter0.50 KM
Wylde Green Primary SchoolCommunity SchoolGood0.59 KM
Abbey Catholic Primary SchoolAcademy Converter0.92 KM
Highclare SchoolOther Independent School1.12 KM

Images

Front 727 Chester Road .jpg 727 Chester Road Kitchen.jpg 727 Chester Road Kitchen 2 .jpg IMG_9762 (3).jpg IMG_0045 (2).jpg IMG_0132 (1).jpg IMG_0259.jpg IMG_0260.jpg IMG_7717.jpg IMG_7718.jpg IMG_7721.jpg IMG_7871 (1).jpg IMG_7899 (1).jpg IMG_7900.jpg Rear 727 Chester Road .jpg IMG_9763.jpg IMG_6984a.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Mason Cottages £ 425,00000.00 KM
Abbey Way £ 335,00000.00 KM
Emmanuel Road £ 517,50000.00 KM
Grange Road £ 439,42300.00 KM
Windsor Drive £ 280,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chester Road1130CRD0.59 KM
Erdington1041ERD1.41 KM
Wylde Green1138WYL1.45 KM
Gravelly Hill1132GVH3.41 KM
Sutton Coldfield1044SUT3.55 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chester Road, Erdington £ 400,000BUY5 / 100.00 KM
Douay Road, Birmingham £ 375,000BUY7 / 100.05 KM
Yenton Court , Erdington £ 90,000BUY5 / 100.09 KM
Chester Road, Erdington, Birmingham £ 435,000BUYUnknown0.11 KM
Flat 2, Yenton Court, 742 Chester Road, Erdington, Birmingham, West Midlands, B24 0EB £ 60,000BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
735 Chester Road £ 33,4990.01 KM
755 Chester Road £ 375,0000.01 KM
727 Chester Road £ 152,0000.01 KM
737 Chester Road £ 225,0000.01 KM
751 Chester Road £ 110,0000.01 KM