Chatham Road, Birmingham, West Midlands, B31
RO

Chatham Road, Birmingham, West Midlands, B31

By Robert Oulsnam & Company

£ 25,000

Reviews

2 out of 5 stars

Robert Oulsnam & Company says ..

A WELL PRESENTED Second Floor RETIREMENT Apartment for the over 55's and offering a 25% share (WITH THE OPTION TO PURCHASE 75%) . BRIGHT & AIRY THROUGHOUT with open plan Kitchen and Living Room, With TWO Good sized bedrooms and offering many communal facilities, close to Northfield Shopping C...

Property Oracle says ..

This property is a two-bedroom, one-bathroom apartment situated within a retirement complex on Chatham Road in Northfield, Birmingham. The listing highlights its convenient location near local amenities such as shops, a park, and bus routes, as well as well-regarded schools. The train station is conveniently located nearby, further enhancing accessibility. The interior is presented as modern and well-maintained according to the photos; however, a physical inspection would be essential to fully confirm the condition. It is important to be aware that this property is listed as a 25% share of an apartment within a retirement complex, with the option to purchase the remaining 75% at a later date. This must be taken into consideration when assessing the price. The lack of private outdoor space is a notable drawback; however, residents have access to communal gardens and various facilities including a restaurant and hairdressers. While the listed price of £25,000 is substantially lower than other properties in the surrounding area, this is due to the nature of shared ownership and the target market. Potential buyers should carefully assess the implications of shared ownership before making a decision, paying close attention to the legal and financial aspects.

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
6
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
700.00

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
448,325.00 £
Decreased by 13.51 %
from 518,358.00 £
Est sale value
361,200.00 £
Increased by 0.98 %
from 357,700.00 £
Average area rental value
1,480.00 £/mo
Decreased by 11.32 %
from 1,669.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
3.96 %
Increased by 2.59 %
from 3.86 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Robert Oulsnam & Company created the listing.

Nearby Schools

NameTypeOfstedDistance
St Laurence Church Infant SchoolVoluntary Aided SchoolGood0.50 KM
St Laurence Church Junior SchoolVoluntary Aided SchoolGood0.50 KM
The Edge AcademyFree Schools Alternative ProvisionGood0.67 KM
Bellfield Infant School (Nc)Community SchoolGood0.74 KM
Bellfield Junior SchoolCommunity SchoolGood0.74 KM

Images

Picture No. 25 Picture No. 03 Picture No. 05 Picture No. 12 Picture No. 14 Picture No. 09 Picture No. 10 Picture No. 11 Picture No. 08 Picture No. 02 Picture No. 04 Picture No. 15 Picture No. 26 Picture No. 27 Picture No. 28 Picture No. 29

Nearby Streets

NameAverage PriceAverage SqftDistance
Norton Close £ 000.00 KM
Church Hill £ 272,85700.00 KM
Copse Close £ 273,00000.00 KM
Sir Herbert Austin Way £ 000.00 KM
Sylvan Avenue £ 139,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Northfield1111NFD0.62 KM
Longbridge1110LOB2.47 KM
Kings Norton1109KNN3.85 KM
Selly Oak1105SLY4.68 KM
Bournville1112BRV4.74 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chatham Road, Northfield, Birmingham, B31 £ 99,950BUYUnknown0.00 KM
Chatham Road, Birmingham, West Midlands, B31 £ 25,000BUY5 / 100.00 KM
Chatham Road, Birmingham, West Midlands, B31 £ 50,000BUYUnknown0.00 KM
Chatham Road, Northfield, Birmingham, B31 £ 50,000BUY5 / 100.00 KM
Kingshurst Road, Birmingham, West Midlands, B31 £ 250,000BUY7 / 100.19 KM

Nearby Properties

AddressPriceDistance
62 Church Road £ 60,0000.15 KM
58 Church Road £ 325,0000.15 KM
38 Church Road £ 172,0000.15 KM
60 Church Road £ 215,0000.15 KM
46 Church Road £ 116,0000.15 KM