Forest Road, Oldbury
IN

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 The interior features outdated décor, worn carpets, and potential damp issues, necessitating a complete refurbishment of the kitchen and bathrooms, amongst other areas.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

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
317,500.00 £
Increased by 26.46 %
from 251,061.00 £
Average area rental value
900.00 £/mo
Decreased by 13.71 %
from 1,043.00 £/mo
Est rental Yield
3.40 %
Decreased by 31.86 %
from 4.99 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Innovate Estate Agents marked this listing as sold.

  • Innovate Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Brandhall Primary SchoolCommunity SchoolGood0.81 KM
Green Acres Sure Start Children'S CentreChildren's Centre0.92 KM
Bleakhouse Primary SchoolCommunity SchoolGood1.01 KM
Lightwoods Primary AcademyAcademy Sponsor Led1.11 KM
Quinton Church Primary SchoolAcademy ConverterGood1.25 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Oak Road £ 298,18200.00 KM
Sunnybank Road £ 370,71400.00 KM
Forest Road £ 327,77800.00 KM
Quinton Qourt £ 000.00 KM
Perry Court £ 80,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Langley Green4607LGG3.10 KM
Rowley Regis4606ROW3.66 KM
Smethwick Galton Bridge1114SGB4.45 KM
Smethwick Rolfe Street1150SMR4.61 KM
Sandwell And Dudley1149SAD4.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Forest Road, Oldbury £ 220,000BUY5 / 100.00 KM
Forest Road, Oldbury £ 425,000BUY6 / 100.07 KM
Chestnut Road, Oldbury £ 270,000BUY6 / 100.10 KM
Oak Road, Oldbury £ 320,000BUYUnknown0.11 KM
Chestnut Road, Oldbury, B68 £ 340,000BUY7 / 100.11 KM

Nearby Properties

AddressPriceDistance
72 Forest Road £ 260,0000.00 KM
78 Forest Road £ 210,0000.00 KM
66 Forest Road £ 170,0000.00 KM
54 Forest Road £ 155,0000.00 KM
96 Forest Road £ 180,0000.00 KM