James Laurence Sales and Lettings says ..

Property Oracle says ..

The property is a 7 bedroom, 7 bathroom terraced house located on Dawlish Road in Selly Oak, Birmingham. It’s a fully occupied student accommodation. The property benefits from being close to several amenities. Selly Oak train station is less than a kilometre away, providing convenient access to public transportation. Furthermore, several highly-rated schools, including Tiverton Academy and Raddlebarn Primary School, are within a short distance, making it an attractive location for families or students. Based on the images provided, the property appears to be in reasonable condition. While the furnishings are basic and some areas show signs of wear and tear consistent with student occupancy, there is no significant evidence of damage or the need for major renovations. The kitchen and bathrooms seem adequately maintained. The lack of information regarding plot size and square footage makes it difficult to provide a comprehensive assessment of the land and overall value. However, comparing the list price of £560,000 to nearby property sales indicates a potential overvaluation. Similar terraced houses in the area have sold for significantly less. The average house price in the area is £362,595, and the average price per square foot is £322. Without the property’s square footage, a precise price-per-square-foot comparison is impossible, but the list price appears high relative to comparable properties. Further investigation into the property’s actual size and condition would be necessary to determine a more accurate valuation. Considering the factors mentioned above, the property’s location is favorable due to its proximity to transportation and schools. The condition is acceptable for its use as student accommodation. However, the price seems potentially high compared to similar properties in the area. More information about the property’s size is needed for a complete analysis.

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

Images