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
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Metrics Year-on-Year
- Average area value
- 307,772.00 £Increased by 19.74 %
- Average area rental value
- 871.00 £/moDecreased by 8.32 %
- Est rental Yield
- 3.40 %Decreased by 23.42 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Bond Wolfe marked this listing as sold.
Bond Wolfe created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rednal Hill Junior School | Community School | Requires improvement | 0.30 KM |
| Rednal Hill Infant School | Community School | Good | 0.30 KM |
| Colmers Farm Primary School | Academy Converter | 0.81 KM | |
| Colmers School And Sixth Form College | Foundation School | Good | 0.84 KM |
| Rubery Nursery School | Local Authority Nursery School | Good | 0.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rock Avenue | £ 0 | 0 | 0.00 KM |
| Kendal Avenue | £ 230,000 | 0 | 0.00 KM |
| West Works Way | £ 0 | 0 | 0.00 KM |
| Chestnut Drive | £ 0 | 0 | 0.00 KM |
| Cooper Avenue | £ 170,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Longbridge | 1110 | LOB | 2.09 KM |
| Barnt Green | 1096 | BTG | 3.31 KM |
| Northfield | 1111 | NFD | 4.19 KM |
| Alvechurch | 1198 | ALV | 6.00 KM |
| Kings Norton | 1109 | KNN | 7.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ryde Park Road, Rednal, Birmingham, West Midlands, B45 | £ 199,950 | BUY | 7 / 10 | 0.03 KM |
| Ryde Park Road, Rednal, B45 | £ 199,950 | BUY | 7 / 10 | 0.03 KM |
| Ryde Park Road, Rednal, Birmingham, West Midlands, B45 | £ 230,000 | BUY | 6 / 10 | 0.12 KM |
| Ryde Park Road, Rednal, Birmingham, West Midlands, B45 | £ 235,000 | BUY | 8 / 10 | 0.12 KM |
| Wolverton Road, Rednal, B45 | £ 190,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 248 Ryde Park Road | £ 102,000 | 0.02 KM |
| 240 Ryde Park Road | £ 180,000 | 0.02 KM |
| 164 Ryde Park Road | £ 230,000 | 0.02 KM |
| 202 Ryde Park Road | £ 164,000 | 0.02 KM |
| 210 Ryde Park Road | £ 187,000 | 0.02 KM |