Lex Allan Grove says ..

Property Oracle says ..

The property is located in Newton Road, Birmingham, and is a 3-bedroom, 1-bathroom house. The property requires renovation. The exterior shows a brick house with a red garage door and a garden. The interior photos reveal significant damage and require extensive repairs and modernization. The walls show peeling paint and damaged plaster, carpets are worn, and the bathroom and kitchen fixtures are outdated and in need of replacement. The conservatory also shows signs of disrepair. The property has a garden, though it appears overgrown and in need of attention.

Given the condition of the property, the need for extensive repairs and modernization, and the average price per sqft in the area, the list price of £375,000 appears high. Nearby properties on Newton Road have sold for significantly less. The average price in the area is £292,326, and the average price per sqft is £282. Without knowing the square footage of the subject property, a definitive price assessment per sqft cannot be made. However, considering the extensive renovation needed, the list price seems overpriced compared to similar properties in the area. The location is reasonably convenient with nearby schools and transportation links. However, the condition of the property significantly impacts its overall value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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