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 %
- Average area rental value
- 1,037.00 £/moDecreased by 1.05 %
- Est rental Yield
- 5.61 %Decreased by 16.14 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Property Local created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Flexible Learning School | Other Independent School | Good | 0.40 KM |
| St Mary And St John Junior And Infant School | Academy Sponsor Led | 0.42 KM | |
| Featherstone Nursery School | Local Authority Nursery School | Good | 0.61 KM |
| Featherstone Children'S Centre | Children's Centre | 0.61 KM | |
| Slade Primary School | Academy Sponsor Led | Good | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Springfield | £ 200,000 | 0 | 0.00 KM |
| Tower Road | £ 134,338 | 0 | 0.00 KM |
| Tudor Gardens | £ 262,500 | 0 | 0.00 KM |
| Ward Street | £ 0 | 0 | 0.00 KM |
| Albert Road | £ 200,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gravelly Hill | 1132 | GVH | 0.36 KM |
| Erdington | 1041 | ERD | 1.98 KM |
| Aston | 1004 | AST | 2.49 KM |
| Chester Road | 1130 | CRD | 3.10 KM |
| Witton (West Midlands) | 1011 | WTT | 3.41 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hermitage Road, Erdington, Birmingham | £ 270,000 | BUY | 4 / 10 | 0.00 KM |
| Ashley Road, Birmingham, B23 6BX | £ 175,000 | BUY | Unknown | 0.10 KM |
| Hunton Hill, Birmingham, West Midlands, B23 | £ 215,000 | BUY | 5 / 10 | 0.11 KM |
| Ashley Road, Birmingham, B23 7BX | £ 180,000 | BUY | 6 / 10 | 0.14 KM |
| Hunton Hill, Erdington, Birmingham | £ 220,000 | BUY | 7 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Hermitage Road | £ 151,000 | 0.02 KM |
| 8 Hermitage Road | £ 124,000 | 0.02 KM |
| 16 Hermitage Road | £ 120,000 | 0.02 KM |
| 2 Hermitage Road | £ 145,000 | 0.02 KM |
| 10 Hermitage Road | £ 69,950 | 0.02 KM |