Chelmscote Road, Solihull, West Midlands, B92
RE

Chelmscote Road, Solihull, West Midlands, B92

By Reeds Rains

£ 195,000

Reviews

3 out of 5 stars

Reeds Rains says ..

No Upward Chain Long Lease - 139 Years remaining 2 Bedroom 4th Floor Apartment L-Shaped Lounge Separate Breakfast Room Kitchen Gas Central Heating Mainly Double Glazed Beautiful Communal Garden and Grounds Security Entrance Door and Lift Garage

Property Oracle says ..

Olton is a popular residential suburb of Solihull, known for its good schools and convenient access to local amenities and transport links. The property is located within easy reach of Olton railway station, providing convenient access to Birmingham and other parts of the West Midlands. Several well-regarded primary schools are located nearby, making it an attractive option for families.

Based on the provided images, the property appears to be in generally good condition, although some aspects of the decor and furnishings may benefit from modernisation. The bathroom, in particular, shows some signs of age, but remains functional. The kitchen is functional and relatively modern. The overall condition is acceptable, but not luxurious.

The property does not have a private garden, but benefits from communal green spaces, including a lawn and pond, as seen in the images. This is a positive attribute, offering residents access to outdoor amenity without the responsibility of garden maintenance.

The list price of £195,000 for a 1,040 sqft apartment in Olton is relatively low compared to the average price of £403,996 for the area. However, the average sqft for the area is 1182 sqft, and the average price per sqft is £341. This property is smaller than average and therefore the price per sqft is higher than average. Considering the condition and lack of private outdoor space, the price seems reasonable, but not necessarily a great bargain. Nearby comparable properties support this assessment.

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
7
Location
8
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
1,040.00

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
476,875.00 £
Increased by 24.90 %
from 381,806.00 £
Est sale value
421,200.00 £
Increased by 25.39 %
from 335,920.00 £
Average area rental value
1,814.00 £/mo
Increased by 18.80 %
from 1,527.00 £/mo
Est letting value
1,040.00 £/mo
Unchanged by 0.00 %
from 1,040.00 £/mo
Est rental Yield
4.56 %
Decreased by 5.00 %
from 4.80 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
St Margaret'S Church Of England Primary SchoolAcademy Converter0.71 KM
Olton Primary SchoolCommunity SchoolGood0.97 KM
Kineton Green Primary SchoolCommunity SchoolGood1.24 KM
St Andrew'S Catholic Primary SchoolAcademy Converter1.35 KM
Oak Cottage Primary SchoolCommunity SchoolOutstanding1.35 KM

Images

Picture No. 12 Picture No. 04 Picture No. 14 Picture No. 13 Picture No. 10 Picture No. 09 Picture No. 05 Picture No. 07 Picture No. 02 Picture No. 11 Picture No. 03 Picture No. 01 Picture No. 08

Nearby Streets

NameAverage PriceAverage SqftDistance
Fentham Court £ 000.00 KM
Olton Station Subway £ 375,00000.00 KM
Pierce Avenue £ 000.00 KM
Broadwell Road £ 000.00 KM
Lincoln Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Olton4533OLT0.57 KM
Acocks Green4529ACG2.56 KM
Solihull4527SOL2.81 KM
Spring Road4535SRI4.26 KM
Tyseley4518TYS4.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chelmscote Road, Solihull, West Midlands, B92 £ 195,000BUY7 / 100.00 KM
Chelmscote Road, Solihull £ 150,000BUY5 / 100.01 KM
Chelmscote Road, Solihull £ 225,000BUY6 / 100.08 KM
Garnet Court, Chelmscote Road, Olton £ 200,000BUY5 / 100.08 KM
Chelmscote Road, Solihull £ 230,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
9 Castle Lane £ 275,0000.16 KM
28 Castle Lane £ 270,0000.16 KM
2 Castle Lane £ 225,0000.16 KM
22 Castle Lane £ 225,0000.16 KM
36 Castle Lane £ 178,0000.16 KM