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 %
- Est sale value
- 363,137.85 £Increased by 15.62 %
- Average area rental value
- 900.00 £/moDecreased by 53.17 %
- Est letting value
- 791.15 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.80 %Decreased by 52.78 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Burchell Edwards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Scotch Orchard Primary School | Academy Converter | 0.45 KM | |
| Streethay Primary School | Free Schools | 1.36 KM | |
| Bridge Short Stay School | Pupil Referral Unit | Good | 1.50 KM |
| Five Spires Academy | Academy Sponsor Led | Good | 1.56 KM |
| St Joseph'S Catholic Primary School | Voluntary Aided School | Good | 1.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ash Grove | £ 275,000 | 0 | 0.00 KM |
| Sherriffs Ride | £ 0 | 0 | 0.00 KM |
| Rowan Close | £ 0 | 0 | 0.00 KM |
| Kingfisher Drive | £ 0 | 0 | 0.00 KM |
| Roman Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lichfield Trent Valley | 1291 | LTV | 0.81 KM |
| Lichfield City | 1177 | LIC | 2.20 KM |
| Shenstone | 1178 | SEN | 6.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hobs Road, Lichfield | £ 110,000 | BUY | 5 / 10 | 0.00 KM |
| Hobs Road, Lichfield | £ 110,000 | BUY | 4 / 10 | 0.00 KM |
| Hobs Road, Lichfield | £ 122,000 | BUY | 6 / 10 | 0.08 KM |
| Ridware House, Hobs Road, Lichfield | £ 110,000 | BUY | 5 / 10 | 0.08 KM |
| Ridware House , Lichfield | £ 110,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 9 Hobs Road | £ 138,000 | 0.07 KM |
| 1 Hobs Road | £ 94,000 | 0.07 KM |
| 25 Valley Lane | £ 128,000 | 0.14 KM |
| 30 Valley Lane | £ 255,000 | 0.14 KM |
| 37 Valley Lane | £ 190,000 | 0.14 KM |