Reddie Close, Rocester
JO

Reddie Close, Rocester

By John German

£ 50,000

Reviews

3 out of 5 stars

John German says ..

A modern 2-bedroom mid-terrace home, built in 2023, in a quiet cul-de-sac. Offered at 25% shared ownership with NO UPWARD CHAIN, it features a sitting room, dining kitchen and off-street parking. Close to schools and amenities, it´s IDEAL FOR FIRST TIME BUYERS seeking affordable, low-mainten...

Property Oracle says ..

This 2-bedroom, 1-bathroom mid-terrace house in Rocester, Staffordshire is presented as a modern, well-maintained property, ideal for first-time buyers seeking an affordable option. The property, built in 2023, boasts a contemporary design and layout. The photos showcase a clean and functional interior with a modern kitchen and bathroom. The inclusion of off-street parking is a significant advantage in this type of property. A small, but functional, rear garden is also a useful addition. The location in Rocester offers access to schools and local amenities, but may not be ideal for those seeking a bustling city lifestyle. The property is offered as a 25% shared ownership, meaning buyers would need to secure a mortgage for 25% of the value and pay rent on the remaining 75%. Whilst this could provide more affordable entry into homeownership, potential buyers must carefully assess the long-term financial implications of shared ownership. The information provided is limited; more detailed information on the specifics of the shared ownership agreement and a complete comparison of prices per sqft with similar properties would aid in a more comprehensive assessment.

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
6
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
596.75

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
476,875.00 £
Increased by 24.90 %
from 381,806.00 £
Est sale value
241,683.75 £
Increased by 25.39 %
from 192,750.25 £
Average area rental value
1,814.00 £/mo
Increased by 18.80 %
from 1,527.00 £/mo
Est letting value
596.75 £/mo
Unchanged by 0.00 %
from 596.75 £/mo
Est rental Yield
4.56 %
Decreased by 5.00 %
from 4.80 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • John German marked this listing as sold.

  • John German created the listing.

Nearby Schools

NameTypeOfstedDistance
Dove Cofe AcademyAcademy Converter0.30 KM
Ryecroft Cofe Middle SchoolAcademy Converter0.35 KM
The Jcb AcademyUniversity Technical CollegeGood0.49 KM
Abbotsholme SchoolOther Independent School1.71 KM
All Saints Cofe Academy DenstoneAcademy Converter1.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Barrowhill £ 1,500,00000.00 KM
Wentworth Place £ 397,50000.00 KM
Podmore View £ 169,95000.00 KM
Abbey Close £ 000.00 KM
Valley View Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Uttoxeter1342UTT6.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Northfield Avenue, Rocester, Staffordshire £ 235,000BUYUnknown0.12 KM
Woodseat Grove, Rocester, Staffordshire £ 300,000BUYUnknown0.12 KM
Coronation Crescent, Rocester, Uttoxeter £ 220,000BUY5 / 100.18 KM
Dove Lane, Rocester, Uttoxeter £ 200,000BUY5 / 100.22 KM
Dove Lane, Rocester, Staffordshire £ 185,000BUYUnknown0.25 KM

Nearby Properties

AddressPriceDistance
20 Northfield Avenue £ 165,0000.16 KM
30 Northfield Avenue £ 124,9500.16 KM
29 Northfield Avenue £ 120,0000.16 KM
31 Northfield Avenue £ 155,0000.16 KM
3 Northfield Avenue £ 125,0000.16 KM