Connells says ..
**THIS TWO BEDROOM APARTMENT OFFERS THE PERFECT OPPORTUNITY FOR A FTB OR INVESTOR TO PURCHASE A WELL PROPORTIONED PROPERTY WITH NO UPWARDS CHAIN**
Property Oracle says ..
This two-bedroom apartment in Oldbury, Sandwell, presents itself as a potentially sound investment or first-time buyer opportunity. The location offers convenient access to train stations and several primary schools, although the Ofsted ratings of these schools vary. The condition of the apartment is acceptable; however, potential buyers or investors should anticipate minor refurbishment needs such as updating flooring and possibly kitchen appliances. The kitchen and bathroom show signs of age and wear. The absence of detailed property specifications, such as square footage, makes a definitive assessment of value per square foot impossible. The asking price of £120,000 appears consistent with recent sales in the immediate vicinity. However, a full survey and valuation are recommended before committing to a purchase. The property’s appeal as a buy-to-let option is notable, given mention of potential rental yields advertised on nearby properties. Overall, the property represents a viable option within the context of its location and price range. Potential buyers should carefully weigh up the pros and cons relating to the overall condition of the property before purchasing.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- 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
- 270,000.00 £Increased by 41.58 %
- Average area rental value
- 936.00 £/moDecreased by 3.51 %
- Est rental Yield
- 4.16 %Decreased by 31.80 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Causeway Green Primary School | Community School | Good | 0.71 KM |
| The Primrose Centre | Pupil Referral Unit | Good | 0.90 KM |
| Langley Primary School | Community School | Good | 1.01 KM |
| Al Khair Primary School | Other Independent School | Inadequate | 1.13 KM |
| St James Cofe Primary School | Voluntary Controlled School | Good | 1.17 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clements Close | £ 0 | 0 | 0.00 KM |
| Minster Close | £ 238,750 | 0 | 0.00 KM |
| A4034 | £ 183,000 | 0 | 0.00 KM |
| Victoria Mews | £ 0 | 0 | 0.00 KM |
| King Edward Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rowley Regis | 4606 | ROW | 1.36 KM |
| Langley Green | 4607 | LGG | 2.14 KM |
| Sandwell And Dudley | 1149 | SAD | 2.75 KM |
| Old Hill | 4641 | OHL | 4.07 KM |
| Smethwick Galton Bridge | 1114 | SGB | 4.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ashwood Close, OLDBURY | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Ashwood Close, Oldbury | £ 120,000 | BUY | 5 / 10 | 0.00 KM |
| Ashwood Close, OLDBURY | £ 125,000 | BUY | 6 / 10 | 0.00 KM |
| Ashwood Close, Oldbury | £ 120,000 | BUY | 4 / 10 | 0.00 KM |
| Ashwood Close, Oldbury, B69 4SD | £ 135,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Ashwood Close | £ 102,950 | 0.00 KM |
| 18 Ashwood Close | £ 108,757 | 0.00 KM |
| 44 Ashwood Close | £ 160,000 | 0.00 KM |
| 9 Ashwood Close | £ 102,950 | 0.00 KM |
| 17 Ashwood Close | £ 64,000 | 0.00 KM |