Forest Road, Oldbury
By Innovate Estate Agents
£ 220,000
Reviews
2 out of 5 stars
Innovate Estate Agents says ..
Innovate Estate Agents are pleased to present this THREE BEDROOM SEMI DETACHED PROPERTY situated in Oldbury! The property in need of full modernisation boasts of FRONT DRIVEWAY allowing OFF ROAD PARKING, front entrance porch, entrance hallway, TWO RECEPTION ROOMS, FITTED KITCHEN, utility room, GA...
Property Oracle says ..
This three-bedroom semi-detached house situated on Forest Road, Oldbury, presents a compelling opportunity for a buyer willing to undertake a substantial renovation project. The property’s location within Oldbury offers several advantages, including relatively close proximity to several railway stations providing connections to Birmingham and other areas. The presence of several well-regarded primary schools within walking distance enhances the family-friendly appeal of the area. The current state of the property, however, requires extensive work. The interior features outdated décor, worn carpets, and potential damp issues, necessitating a complete refurbishment of the kitchen and bathrooms, amongst other areas. The garden, while present, is significantly overgrown and in need of substantial landscaping. The listing price of £220,000 might appear reasonable, considering the need for renovation and comparing it to other properties on Forest Road and nearby streets that show higher average prices. However, without precise square footage details, a definitive price-per-square-foot analysis is not possible. Overall, this property represents an investment opportunity for a buyer comfortable with handling renovation works and capitalising on its potential.
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
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 317,500.00 £Increased by 26.46 %
- Average area rental value
- 900.00 £/moDecreased by 13.71 %
- Est rental Yield
- 3.40 %Decreased by 31.86 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Innovate Estate Agents marked this listing as sold.
Innovate Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brandhall Primary School | Community School | Good | 0.81 KM |
| Green Acres Sure Start Children'S Centre | Children's Centre | 0.92 KM | |
| Bleakhouse Primary School | Community School | Good | 1.01 KM |
| Lightwoods Primary Academy | Academy Sponsor Led | 1.11 KM | |
| Quinton Church Primary School | Academy Converter | Good | 1.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Oak Road | £ 298,182 | 0 | 0.00 KM |
| Sunnybank Road | £ 370,714 | 0 | 0.00 KM |
| Forest Road | £ 327,778 | 0 | 0.00 KM |
| Quinton Qourt | £ 0 | 0 | 0.00 KM |
| Perry Court | £ 80,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Langley Green | 4607 | LGG | 3.10 KM |
| Rowley Regis | 4606 | ROW | 3.66 KM |
| Smethwick Galton Bridge | 1114 | SGB | 4.45 KM |
| Smethwick Rolfe Street | 1150 | SMR | 4.61 KM |
| Sandwell And Dudley | 1149 | SAD | 4.87 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Forest Road, Oldbury | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Forest Road, Oldbury | £ 425,000 | BUY | 6 / 10 | 0.07 KM |
| Chestnut Road, Oldbury | £ 270,000 | BUY | 6 / 10 | 0.10 KM |
| Oak Road, Oldbury | £ 320,000 | BUY | Unknown | 0.11 KM |
| Chestnut Road, Oldbury, B68 | £ 340,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 72 Forest Road | £ 260,000 | 0.00 KM |
| 78 Forest Road | £ 210,000 | 0.00 KM |
| 66 Forest Road | £ 170,000 | 0.00 KM |
| 54 Forest Road | £ 155,000 | 0.00 KM |
| 96 Forest Road | £ 180,000 | 0.00 KM |