Hermitage Road, Erdington, Birmingham
PR

Hermitage Road, Erdington, Birmingham

By Property Local

£ 270,000

Reviews

2 out of 5 stars

Property Local says ..

Investment Property - Guaranteed Rent via Supported Living Provider 49 Hermitage Road, Erdington, Birmingham B23 Offers Over: £270,000 Tenure: Freehold Annual Income: £29,700 Buyer Type: Cash Buyers Only - Investment Sale

Property Oracle says ..

This property is a four bedroom, four bathroom apartment located in Erdington, Birmingham. The location benefits from being within reasonable distance of several schools and train stations, which could be attractive to families or commuters. However, the provided images suggest the property is in need of some modernisation and updating. The garden is small but present. The list price of £270,000 is higher than the average price for the area (£190,953), and significantly higher than many comparable properties on Hermitage Road itself, which range from £90,000 to £167,000 for terraced houses. Without knowing the square footage of the apartment, it is difficult to definitively assess the value for money, but based on the available data, the price seems high relative to the condition and comparable properties in the immediate vicinity.

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
3
Condition
4
Location
7
Land
3
Bedrooms
4
Bathrooms
4

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
221,900.00 £
Increased by 17.98 %
from 188,075.00 £
Average area rental value
1,037.00 £/mo
Decreased by 1.05 %
from 1,048.00 £/mo
Est rental Yield
5.61 %
Decreased by 16.14 %
from 6.69 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Property Local created the listing.

Nearby Schools

NameTypeOfstedDistance
Flexible Learning SchoolOther Independent SchoolGood0.40 KM
St Mary And St John Junior And Infant SchoolAcademy Sponsor Led0.42 KM
Featherstone Nursery SchoolLocal Authority Nursery SchoolGood0.61 KM
Featherstone Children'S CentreChildren's Centre0.61 KM
Slade Primary SchoolAcademy Sponsor LedGood0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Springfield £ 200,00000.00 KM
Tower Road £ 134,33800.00 KM
Tudor Gardens £ 262,50000.00 KM
Ward Street £ 000.00 KM
Albert Road £ 200,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Gravelly Hill1132GVH0.36 KM
Erdington1041ERD1.98 KM
Aston1004AST2.49 KM
Chester Road1130CRD3.10 KM
Witton (West Midlands)1011WTT3.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hermitage Road, Erdington, Birmingham £ 270,000BUY4 / 100.00 KM
Ashley Road, Birmingham, B23 6BX £ 175,000BUYUnknown0.10 KM
Hunton Hill, Birmingham, West Midlands, B23 £ 215,000BUY5 / 100.11 KM
Ashley Road, Birmingham, B23 7BX £ 180,000BUY6 / 100.14 KM
Hunton Hill, Erdington, Birmingham £ 220,000BUY7 / 100.18 KM

Nearby Properties

AddressPriceDistance
41 Hermitage Road £ 151,0000.02 KM
8 Hermitage Road £ 124,0000.02 KM
16 Hermitage Road £ 120,0000.02 KM
2 Hermitage Road £ 145,0000.02 KM
10 Hermitage Road £ 69,9500.02 KM