214 Ryde Park Road, Rednal, Birmingham, B45 8RJ
BO

214 Ryde Park Road, Rednal, Birmingham, B45 8RJ

By Bond Wolfe

£ 50,000

Reviews

2 out of 5 stars

Bond Wolfe says ..

For Sale By Public Auction 06 February 2025 A vacant freehold end terraced property

Property Oracle says ..

This two-bedroom property located at 214 Ryde Park Road, Rednal, Birmingham, is currently listed at £50,000. The property’s location in Rednal offers proximity to schools and transport links, making it potentially attractive to families. However, the property is in significant disrepair. The internal photos reveal extensive damage requiring significant renovation work. This includes water damage to the ceiling, damaged flooring throughout, and generally dilapidated finishes. The garden is present but appears overgrown and neglected. The price point is unusually low for the area, likely reflecting the extensive repairs and renovations required. While the low price may initially appear attractive, prospective buyers must be prepared for substantial upfront investment to make the property habitable. A thorough survey is essential before considering any purchase to assess the extent of the necessary work and to accurately estimate the total project cost. The lack of square footage details for both the property and plot hinders a complete analysis but the low price point and the need for extensive renovations are notable factors to consider. Considering comparable properties in the area, despite the excellent location this property needs considerable work before it can reach market value. The significant cost of remediation should be factored into any potential purchase decision.

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
4
Condition
3
Location
7
Land
5
Bedrooms
2
Bathrooms
0

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
307,772.00 £
Increased by 19.74 %
from 257,040.00 £
Average area rental value
871.00 £/mo
Decreased by 8.32 %
from 950.00 £/mo
Est rental Yield
3.40 %
Decreased by 23.42 %
from 4.44 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Bond Wolfe marked this listing as sold.

  • Bond Wolfe created the listing.

Nearby Schools

NameTypeOfstedDistance
Rednal Hill Junior SchoolCommunity SchoolRequires improvement0.30 KM
Rednal Hill Infant SchoolCommunity SchoolGood0.30 KM
Colmers Farm Primary SchoolAcademy Converter0.81 KM
Colmers School And Sixth Form CollegeFoundation SchoolGood0.84 KM
Rubery Nursery SchoolLocal Authority Nursery SchoolGood0.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rock Avenue £ 000.00 KM
Kendal Avenue £ 230,00000.00 KM
West Works Way £ 000.00 KM
Chestnut Drive £ 000.00 KM
Cooper Avenue £ 170,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Longbridge1110LOB2.09 KM
Barnt Green1096BTG3.31 KM
Northfield1111NFD4.19 KM
Alvechurch1198ALV6.00 KM
Kings Norton1109KNN7.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ryde Park Road, Rednal, Birmingham, West Midlands, B45 £ 199,950BUY7 / 100.03 KM
Ryde Park Road, Rednal, B45 £ 199,950BUY7 / 100.03 KM
Ryde Park Road, Rednal, Birmingham, West Midlands, B45 £ 230,000BUY6 / 100.12 KM
Ryde Park Road, Rednal, Birmingham, West Midlands, B45 £ 235,000BUY8 / 100.12 KM
Wolverton Road, Rednal, B45 £ 190,000BUY6 / 100.16 KM

Nearby Properties

AddressPriceDistance
248 Ryde Park Road £ 102,0000.02 KM
240 Ryde Park Road £ 180,0000.02 KM
164 Ryde Park Road £ 230,0000.02 KM
202 Ryde Park Road £ 164,0000.02 KM
210 Ryde Park Road £ 187,0000.02 KM