Connells says ..
This spacious two bedroom apartment offers the perfect opportunity for either a FIRST TIME PURCHASE or even your next BUY TO LET INVESTMENT. Easy access to J1 M5 and local tram stops. CALL NOW TO VIEW!
Property Oracle says ..
This two-bedroom apartment in Princes Gate, West Bromwich, is presented as an investment opportunity, being sold with a tenant already in place. The property’s location offers good access to local amenities and transport links, with several schools nearby. The provided photographs suggest the apartment is habitable but could benefit from some modernisation. The carpets appear worn, and the overall aesthetic could be improved. The kitchen and bathroom seem functional but dated. The lack of details regarding square footage and plot size hinders a complete evaluation. The list price of £110,000 appears reasonable considering the average prices of nearby properties on Princes Gate, particularly given the presence of a tenant generating rental income. However, a comprehensive survey and detailed comparison with similar properties in terms of size and condition are recommended before making a purchase decision. Potential buyers should also factor in the costs of any necessary renovations or upgrades to enhance the property’s appeal and rental value.
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
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 183,333.00 £Decreased by 23.75 %
- Average area rental value
- 950.00 £/moIncreased by 5.91 %
- Est rental Yield
- 6.22 %Increased by 38.84 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| West Bromwich Sure Start Children'S Centre | Children's Centre | 0.41 KM | |
| Sandwell Valley School | Other Independent School | Good | 0.42 KM |
| King George V Primary School | Community School | Good | 0.74 KM |
| Holy Trinity Cofe Primary School | Voluntary Controlled School | Good | 0.87 KM |
| Sandwell College | Further Education | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Princes Gate | £ 109,857 | 0 | 0.00 KM |
| Princess Gate | £ 0 | 0 | 0.00 KM |
| Beeches Road Passage | £ 0 | 0 | 0.00 KM |
| Salisbury Road | £ 180,000 | 0 | 0.00 KM |
| St Cuthbert's Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Smethwick Galton Bridge | 1114 | SGB | 1.43 KM |
| The Hawthorns | 4523 | THW | 2.15 KM |
| Smethwick Rolfe Street | 1150 | SMR | 2.34 KM |
| Sandwell And Dudley | 1149 | SAD | 3.44 KM |
| Langley Green | 4607 | LGG | 3.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Princes Gate, West Bromwich,West Midlands, B70 | £ 110,000 | BUY | 5 / 10 | 0.00 KM |
| Princes Gate, West Bromwich | £ 110,000 | BUY | 5 / 10 | 0.00 KM |
| Princes Gate, West Bromwich | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Princes Gate, West Bromwich | £ 110,000 | BUY | 5 / 10 | 0.00 KM |
| Princes Gate, WEST BROMWICH, B70 6HU | £ 65,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 32 Princes Gate | £ 96,000 | 0.00 KM |
| 6 Princes Gate | £ 105,000 | 0.00 KM |
| 12 Princes Gate | £ 105,000 | 0.00 KM |
| 33 Princes Gate | £ 85,000 | 0.00 KM |
| 35 Princes Gate | £ 99,900 | 0.00 KM |