Rea Road, Northfield, Birmingham
CO

Rea Road, Northfield, Birmingham

By Connells

£ 150,000

Reviews

2 out of 5 stars

Connells says ..

EMPTY WITH NO UPWARD CHAIN - A two bedroom apartment situated on the first floor. Spacious throughout offering lounge, kitchen, bathroom, ensuite, two bedrooms & parking. Property is an ideal first time purchase or buy to let.

Property Oracle says ..

This two-bedroom apartment on Rea Road, Northfield, Birmingham, is listed at £150,000. The property is presented as an ideal first-time buy or buy-to-let investment. The apartment is situated in a modern development and benefits from allocated parking. Based on the provided images, the property appears clean and in good repair, although it may lack individual design features to stand out amongst other similar properties. It has a bathroom with a bathtub and separate shower room. The main living area is spacious and has access to a small balcony. The kitchen is modern and compact. The location offers reasonably good access to local transport links and schools. A few of the nearby schools received a ‘Good’ Ofsted rating. While the nearby streets show a variety of property values, indicating varying levels of desirability in the close surrounding areas, the provided information does not indicate the quality of the immediate area relative to the rest of Birmingham. The absence of plot size details for comparable properties makes detailed pricing analysis difficult. Overall, this property presents as a functional, relatively modern apartment, suitable for first-time buyers or investors looking for a solid investment opportunity in Birmingham’s Northfield area. The price falls within the range of similar properties on the same street, suggesting competitive pricing. However, the lack of information regarding local amenities and the absence of garden space or larger plot size affect the overall desirability. Further investigation of the immediate neighborhood and detailed comparable property size data would allow for a more thorough and complete valuation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
731.95

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
448,325.00 £
Decreased by 13.51 %
from 518,358.00 £
Est sale value
377,686.20 £
Increased by 0.98 %
from 374,026.45 £
Average area rental value
1,480.00 £/mo
Decreased by 11.32 %
from 1,669.00 £/mo
Est letting value
731.95 £/mo
Unchanged by 0.00 %
from 731.95 £/mo
Est rental Yield
3.96 %
Increased by 2.59 %
from 3.86 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
The Meadows Primary SchoolCommunity SchoolRequires improvement0.47 KM
Turves Green Primary SchoolAcademy Sponsor LedGood0.82 KM
Turves Green Boys' SchoolAcademy Sponsor Led0.83 KM
King Edward Vi Northfield School For GirlsAcademy Converter0.94 KM
St Brigid'S Catholic Primary SchoolAcademy ConverterGood0.98 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Apple Tree Close £ 000.00 KM
Oak Grove £ 000.00 KM
Cedar Way £ 000.00 KM
Pine View £ 335,00000.00 KM
Rowan Way £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Longbridge1110LOB0.85 KM
Northfield1111NFD1.36 KM
Barnt Green1096BTG4.93 KM
Kings Norton1109KNN5.08 KM
Bournville1112BRV6.19 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rea Road, Northfield, Birmingham £ 150,000BUY5 / 100.00 KM
Rea Road, BIRMINGHAM, West Midlands, B31 £ 160,000BUY6 / 100.00 KM
Rea Road, Northfield, Birmingham £ 160,000BUY5 / 100.00 KM
Apartment 1, 122 Rea Road, Northfield, Birmingham, West Midlands, B31 £ 90,000BUY5 / 100.01 KM
Rea Road, Northfield, Birmingham, West Midlands, B31 £ 160,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
136 Rea Road £ 203,0000.00 KM
60 Rea Road £ 130,0000.00 KM
74 Rea Road £ 145,0000.00 KM
58 Rea Road £ 124,0000.00 KM
158 Rea Road £ 93,7500.00 KM