Lode Lane, Solihull
ME

Lode Lane, Solihull

By Melvyn Danes

£ 475,000

Reviews

3 out of 5 stars

Melvyn Danes says ..

A Three/Four Bedroomed Semi Detached Property With DETACHED PURPOSE BUILT INDEPENDENTLY ACCESSED ANNEX. The main house is a traditional three bedroomed semi detached property with rear extensions, well fitted throughout and briefly comprises of entrance hall, wc, utility, living room, di...

Property Oracle says ..

This four-bedroom semi-detached property located on Lode Lane in Solihull, West Midlands offers a compelling package for potential buyers. The property is well-situated, offering close proximity to both highly rated schools and convenient transport links to Solihull and Birmingham City Centre. The most notable feature of this property is its extensive refurbishment, evidenced by the images showing modern fixtures and fittings throughout, indicating a potentially reduced need for immediate repairs or renovations, increasing its appeal to buyers. The kitchen and bathrooms showcase a contemporary aesthetic and appear to be in excellent condition. The addition of a self-contained annex represents a considerable advantage, offering flexibility for extended family, guests, or potential rental income streams. The inclusion of a good-sized rear garden, as shown in the photos, also adds to the overall appeal. While the specific plot size and the precise square footage of the main house are not listed, the listing price aligns with the general market values for comparable properties in the area. However, a survey is recommended to determine the precise value of the property. A thorough inspection would be beneficial to evaluate the structural integrity of both the main house and the annex, ensuring there aren’t any unseen issues that could influence the overall value. Overall, the property seems well-presented and potentially a strong investment given its location, amenities, and the additional living space provided by the annex. However, potential buyers should be prepared for a thorough property inspection and survey to confirm the value and ensure it meets their needs and expectations.

Therefore, we give this property 7 / 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
6
Bedrooms
4
Bathrooms
3
Sqft (est)
780.00

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
603,889.00 £
Increased by 40.02 %
from 431,274.00 £
Est sale value
390,000.00 £
Increased by 46.63 %
from 265,980.00 £
Average area rental value
1,340.00 £/mo
Increased by 1.44 %
from 1,321.00 £/mo
Est letting value
780.00 £/mo
Unchanged by 0.00 %
from 780.00 £/mo
Est rental Yield
2.66 %
Decreased by 27.72 %
from 3.68 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Melvyn Danes created the listing.

Nearby Schools

NameTypeOfstedDistance
Triple Crown CentrePupil Referral UnitGood0.17 KM
Lode Heath SchoolAcademy ConverterGood0.21 KM
Greswold Primary SchoolCommunity SchoolGood0.52 KM
Eversfield Preparatory SchoolOther Independent School0.88 KM
Ruckleigh SchoolOther Independent School0.91 KM

Images

20240617_121216.jpg Entrance Hall Utility Shower Room 20240617_120808.jpg 20240617_115744.jpg Living Room Kitchen Dining Room/Snug 20240617_120702.jpg Bedroom One Bedroom Three 20240617_120329.jpg Bathroom Bedroom Two 20240617_121617.jpg Open Plan Kitchen Living Dining Room Bedroom En-Suite 20240617_121910.jpg 20240617_121645.jpg 20240617_122123.jpg 20240617_122007.jpg Purpose Built Detached Two Storey Annex Toilet 20240617_122245.jpg IMG-20240619-WA0044.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Vulcan Road £ 177,95000.00 KM
Dovecote Close £ 550,00000.00 KM
Heath Road £ 350,00000.00 KM
School Lane £ 565,83300.00 KM
Princes Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Solihull4527SOL1.71 KM
Widney Manor4528WMR3.26 KM
Olton4533OLT3.34 KM
Marston Green1034MGN5.26 KM
Acocks Green4529ACG5.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lode Lane, Solihull £ 475,000BUY7 / 100.00 KM
Lode Lane, Solihull £ 340,000BUY7 / 100.01 KM
Lode Lane, Solihull £ 380,000BUY7 / 100.03 KM
Lode Lane, Solihull, West Midlands £ 400,000BUY7 / 100.05 KM
Lode Lane, Solihull, West Midlands, B91 £ 450,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
185 Lode Lane £ 174,2500.04 KM
169 Lode Lane £ 288,0000.04 KM
187 Lode Lane £ 215,0000.04 KM
153 Lode Lane £ 270,0000.04 KM
141 Lode Lane £ 120,0000.04 KM