Hobs Road, Lichfield
BU

Hobs Road, Lichfield

By Burchell Edwards

£ 110,000

Reviews

2 out of 5 stars

Burchell Edwards says ..

This well presented TWO BEDROOM second floor apartment has been REFURBISHED and offers an excellent first purchase or investment with a solid rental track record and currently tenanted.

Property Oracle says ..

This property is a two-bedroom apartment situated in Shenstone House on Hobs Road, Lichfield, Staffordshire. The apartment building is located relatively close to Lichfield Trent Valley train station, offering convenient access to public transportation. Several primary and secondary schools with good Ofsted ratings are within a reasonable distance. The photographs provided show the exterior of the building, which appears to be reasonably well-maintained. The building features a modern entrance with a canopy, suggesting investment in property upkeep. However, the apartment itself is within a larger complex, and there is no indication of private outdoor space. The listed price of £110,000 is consistent with other similarly sized two-bedroom apartments listed nearby on Hobs Road. Further investigation into the property’s square footage, internal condition, and potential service charges would be essential to provide a complete assessment of value. The lack of details regarding the internal condition of the specific apartment, coupled with the absence of crucial information like the plot size, prevents a definitive conclusion on the overall quality and value of the property. More information, ideally a property survey, would clarify the value proposition of this apartment.

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
7
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
791.15

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
386,000.00 £
Decreased by 0.81 %
from 389,165.00 £
Est sale value
363,137.85 £
Increased by 15.62 %
from 314,086.55 £
Average area rental value
900.00 £/mo
Decreased by 53.17 %
from 1,922.00 £/mo
Est letting value
791.15 £/mo
Unchanged by 0.00 %
from 791.15 £/mo
Est rental Yield
2.80 %
Decreased by 52.78 %
from 5.93 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Burchell Edwards created the listing.

Nearby Schools

NameTypeOfstedDistance
Scotch Orchard Primary SchoolAcademy Converter0.45 KM
Streethay Primary SchoolFree Schools1.36 KM
Bridge Short Stay SchoolPupil Referral UnitGood1.50 KM
Five Spires AcademyAcademy Sponsor LedGood1.56 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.60 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ash Grove £ 275,00000.00 KM
Sherriffs Ride £ 000.00 KM
Rowan Close £ 000.00 KM
Kingfisher Drive £ 000.00 KM
Roman Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lichfield Trent Valley1291LTV0.81 KM
Lichfield City1177LIC2.20 KM
Shenstone1178SEN6.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hobs Road, Lichfield £ 110,000BUY5 / 100.00 KM
Hobs Road, Lichfield £ 110,000BUY4 / 100.00 KM
Hobs Road, Lichfield £ 122,000BUY6 / 100.08 KM
Ridware House, Hobs Road, Lichfield £ 110,000BUY5 / 100.08 KM
Ridware House , Lichfield £ 110,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
9 Hobs Road £ 138,0000.07 KM
1 Hobs Road £ 94,0000.07 KM
25 Valley Lane £ 128,0000.14 KM
30 Valley Lane £ 255,0000.14 KM
37 Valley Lane £ 190,0000.14 KM