Gravelly Lane, Birmingham, B23
PU

Gravelly Lane, Birmingham, B23

By Purplebricks

£ 135,000

Reviews

2 out of 5 stars

Purplebricks says ..

Nestled in the popular and well-connected area of Erdington, this two-bedroom maisonette offers generous living space and excellent transport links — making it an ideal purchase for first-time buyers, downsizers, or buy-to-let investors. Accessed via its own private entrance providing access to ...

Property Oracle says ..

The property is a maisonette located on Gravelly Lane in Erdington, Birmingham. It has two bedrooms and one bathroom, and a total area of 629.69 sqft. The list price is £135,000. The property benefits from being close to Erdington train station (0.60 KM), providing convenient access to public transportation. Several schools are also within a reasonable distance, including Osborne Nursery School (rated ‘Good’ by Ofsted) at 0.72 KM. Based on the provided images, the property appears to be in need of some modernisation. The décor is dated, and some areas show signs of wear and tear, particularly in the kitchen and bathrooms. The flooring and wall coverings also appear tired. The property has a small front garden. The plot size listed as 0.00 sqft may be an error in the data provided. Further clarification is needed on the exact amount of outdoor space available. Considering the average house price in the area is £278,019 and the average price per sqft is £315, this property is significantly below average in terms of both price and size. The price per sqft for this property is substantially lower than the area average. However, the condition of the property needs to be factored in. The need for modernisation will likely impact the final sale price. While the low list price might initially seem attractive, potential buyers should budget for renovation costs. The final value will depend on the extent of the work required and the buyer’s preferences.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
629.69

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
257,097.00 £
Decreased by 8.25 %
from 280,201.00 £
Est sale value
207,797.70 £
Increased by 14.98 %
from 180,721.03 £
Average area rental value
956.00 £/mo
Increased by 1.92 %
from 938.00 £/mo
Est letting value
629.69 £/mo
from 0.00 £/mo
Est rental Yield
4.46 %
Increased by 10.95 %
from 4.02 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Abbey Catholic Primary SchoolAcademy Converter0.61 KM
Highclare SchoolOther Independent School0.67 KM
Osborne Nursery SchoolLocal Authority Nursery SchoolGood0.72 KM
Osborne Primary SchoolAcademy Sponsor Led0.73 KM
St Edmund Campion Catholic SchoolAcademy Converter0.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Laburnum Cottages £ 000.00 KM
Abbey Way £ 335,00000.00 KM
Warden Avenue £ 200,00000.00 KM
Mason Cottages £ 425,00000.00 KM
Wedmore Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Erdington1041ERD0.60 KM
Chester Road1130CRD0.71 KM
Wylde Green1138WYL1.56 KM
Gravelly Hill1132GVH2.59 KM
Sutton Coldfield1044SUT3.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gravelly Lane, Birmingham, West Midlands, B23 £ 240,000BUYUnknown0.00 KM
Gravelly Lane, Birmingham, B23 £ 135,000BUY4 / 100.00 KM
Gravelly Lane, BIRMINGHAM £ 175,000BUY6 / 100.01 KM
51 Somerton Drive, Birmingham B23 5SU £ 150,000BUY6 / 100.04 KM
Somerton Drive, Birmingham £ 119,950BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
307 Gravelly Lane £ 93,2500.01 KM
301 Gravelly Lane £ 127,0000.01 KM
295 Gravelly Lane £ 169,0000.01 KM
339 Gravelly Lane £ 147,5000.01 KM
303 Gravelly Lane £ 110,0000.01 KM