Chilvers Grove, Birmingham
BU

Chilvers Grove, Birmingham

By Burchell Edwards

£ 68,000

Reviews

2 out of 5 stars

Burchell Edwards says ..

Burchell Edwards are offering this investment opportunity with no upwards chain

Property Oracle says ..

The property is a studio apartment located in Kingshurst, Birmingham. The location is reasonably convenient, with several schools within a kilometer radius, although their Ofsted ratings require further investigation. Public transport links are also available, with several train stations within a reasonable distance, making commuting relatively straightforward. Based on the provided images, the property appears to be in satisfactory condition, although it could benefit from some modernisation. The décor is dated, and while the fixtures and fittings seem functional, they are not modern or stylish. There is no evidence of significant damage or disrepair, however, the overall impression is one of a property that would benefit from some cosmetic improvements. The exterior of the building also shows some signs of age and could benefit from some maintenance. There is no garden associated with the property. The list price of £68,000 for a 214 sqft studio apartment is relatively low compared to the average price per sqft in the area (£231). However, this is likely due to the property’s condition and the lack of outdoor space. Considering comparable properties in the vicinity, with some needing renovation, the price seems reasonable, especially considering the smaller size and lack of land. The lower average prices of nearby properties on Chilvers Grove also support this assessment. However, it’s crucial to note that the absence of sqft data for nearby properties limits a precise comparison.

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
6
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
214.00

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
235,000.00 £
Increased by 13.70 %
from 206,683.00 £
Est sale value
61,846.00 £
Increased by 30.18 %
from 47,508.00 £
Average area rental value
1,100.00 £/mo
Decreased by 0.99 %
from 1,111.00 £/mo
Est letting value
214.00 £/mo
Unchanged by 0.00 %
from 214.00 £/mo
Est rental Yield
5.62 %
Decreased by 12.87 %
from 6.45 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Burchell Edwards created the listing.

Nearby Schools

NameTypeOfstedDistance
Yorkswood Children'S CentreChildren's Centre0.20 KM
Yorkswood Primary SchoolCommunity SchoolRequires improvement0.34 KM
Kingshurst Children'S CentreChildren's Centre0.59 KM
St Anthony'S Catholic Primary SchoolAcademy Converter0.62 KM
Kingshurst Primary SchoolCommunity SchoolRequires improvement0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Dalewood Road £ 000.00 KM
Kinghshurst Way £ 000.00 KM
Acacia Avenue £ 250,00000.00 KM
Acacia Close £ 226,33300.00 KM
Elm Grove £ 200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Marston Green1034MGN2.85 KM
Water Orton1121WTO3.12 KM
Lea Hall1133LEH3.76 KM
Birmingham International1215BHI5.63 KM
Coleshill Parkway9882CEH5.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chilvers Grove, Birmingham £ 68,000BUY5 / 100.00 KM
Chilvers Grove, Kingshurst, Birmingham £ 190,000BUY7 / 100.03 KM
Hopwas Grove, Kingshurst, Birmingham £ 110,000BUY5 / 100.05 KM
Campville Grove, Birmingham, West Midlands, B37 £ 170,000BUY6 / 100.07 KM
Campville Grove, Kingshurst, Birmingham, B37 £ 190,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
7 Chilvers Grove £ 88,0000.00 KM
1b Chilvers Grove £ 112,0000.00 KM
2 Chilvers Grove £ 156,7500.00 KM
44 Chilvers Grove £ 75,0000.00 KM
46 Chilvers Grove £ 150,0000.00 KM