Lancaster Way, Cofton Hackett, Birmingham, Worcestershire, B45
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Lancaster Way, Cofton Hackett, Birmingham, Worcestershire, B45

By Robert Oulsnam & Company

£ 130,000

Reviews

3 out of 5 stars

Robert Oulsnam & Company says ..

A fabulous two bedroom semi-detached house offered for sale on a 50% shared ownership basis. The property occupies a cul-de-sac position in a desirable, newly built estate in Cofton Hackett, Birmingham. The house briefly comprises of an entrance hallway, a fitted kitchen, living room, guest w.c, ...

Property Oracle says ..

This two-bedroom semi-detached house in Cofton Hackett, Birmingham, is situated in a desirable village location offering a balance of quiet residential living and convenient access to amenities and transportation. The property’s interior is presented in good condition and appears modern. The kitchen and bathroom look well-maintained, while the living space is bright and open, and opens up to a small garden and decking area. The property offers a convenient location near good schools and train stations providing easy commuting options.

The listing indicates a shared ownership basis, which is a significant factor affecting the price and should be carefully considered by potential buyers. Shared ownership schemes are often more accessible for first-time buyers, but require careful understanding of the terms and conditions.

The absence of square footage for neighbouring properties does prevent a precise comparative analysis of the price per square foot in this specific locale. However, the fact that some nearby properties have much higher values should be taken into consideration.

Overall, this property offers a good opportunity for a first-time buyer or small family looking for a manageable, modern home in a peaceful, well-connected location. However, prospective buyers should understand the implications of shared ownership and thoroughly research their financing options and the long-term costs before proceeding.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

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
497,910.00 £
Increased by 1.70 %
from 489,572.00 £
Est sale value
194,600.00 £
Decreased by 3.14 %
from 200,900.00 £
Average area rental value
1,278.00 £/mo
Decreased by 2.59 %
from 1,312.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.08 %
Decreased by 4.35 %
from 3.22 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Robert Oulsnam & Company marked this listing as sold.

  • Robert Oulsnam & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
St Columba'S Catholic Primary SchoolAcademy Sponsor LedGood1.82 KM
St Andrew'S Cofe First SchoolVoluntary Aided SchoolOutstanding1.86 KM
Rednal Hill Infant SchoolCommunity SchoolGood2.21 KM
Rednal Hill Junior SchoolCommunity SchoolRequires improvement2.21 KM
Cofton Primary SchoolFoundation SchoolGood2.24 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ardern Drive £ 000.00 KM
Chestnut Drive £ 000.00 KM
Hartland Road £ 240,00000.00 KM
Reservoir Road £ 567,00000.00 KM
Ascot Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Longbridge1110LOB1.98 KM
Barnt Green1096BTG2.15 KM
Northfield1111NFD3.90 KM
Alvechurch1198ALV4.19 KM
Kings Norton1109KNN7.07 KM

Nearby Properties

AddressPriceDistance
1 Aero Way £ 490,0000.15 KM
24 Shadow Close £ 495,0000.22 KM
12 Healey Avenue £ 168,0000.26 KM
10 Healey Avenue £ 171,0000.26 KM
4 Healey Avenue £ 220,0000.26 KM