Somerton Drive, Birmingham
WA

Somerton Drive, Birmingham

By Waller & Farnworth

£ 119,950

Reviews

3 out of 5 stars

Waller & Farnworth says ..

** LONG 124 YEAR LEASE TERM ** A two-bedroom ground floor maisonette in this sought-after crescent off Gravelly Lane, on the north side of Erdington, en route to Sutton Coldfield/Boldmere. Property would benefit from further improvement but offers a great opportunity to refurbish to your requirem...

Property Oracle says ..

This two-bedroom property on Somerton Drive, Erdington, presents a compelling opportunity for buyers willing to undertake a renovation project. While the property requires modernisation throughout, its location offers convenient access to local schools and transportation links, enhancing its appeal. The inclusion of a generously sized garden further adds to its value, providing ample outdoor space. Priced below the area average, the property allows for significant value addition through refurbishment, making it an attractive investment for first-time buyers or investors.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
3
Location
6
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
725.00

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
257,097.00 £
Decreased by 8.25 %
from 280,201.00 £
Est sale value
239,250.00 £
Increased by 14.98 %
from 208,075.00 £
Average area rental value
956.00 £/mo
Increased by 1.92 %
from 938.00 £/mo
Est letting value
725.00 £/mo
from 0.00 £/mo
Est rental Yield
4.46 %
Increased by 10.95 %
from 4.02 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Waller & Farnworth created the listing.

Nearby Schools

NameTypeOfstedDistance
Abbey Catholic Primary SchoolAcademy Converter0.58 KM
Highclare SchoolOther Independent School0.63 KM
Osborne Primary SchoolAcademy Sponsor Led0.68 KM
Osborne Nursery SchoolLocal Authority Nursery SchoolGood0.69 KM
St Edmund Campion Catholic SchoolAcademy Converter0.95 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Abbey Way £ 335,00000.00 KM
Laburnum Cottages £ 000.00 KM
Warden Avenue £ 200,00000.00 KM
Mason Cottages £ 425,00000.00 KM
Rutherford Road £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Erdington1041ERD0.56 KM
Chester Road1130CRD0.74 KM
Wylde Green1138WYL1.61 KM
Gravelly Hill1132GVH2.54 KM
Sutton Coldfield1044SUT3.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somerton Drive, Birmingham £ 119,950BUY6 / 100.00 KM
51 Somerton Drive, Birmingham B23 5SU £ 150,000BUY6 / 100.04 KM
Gravelly Lane, BIRMINGHAM £ 175,000BUY6 / 100.04 KM
Gravelly Lane, Birmingham £ 250,000BUY6 / 100.04 KM
Gravelly Lane, Birmingham, West Midlands, B23 £ 240,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
339 Gravelly Lane £ 147,5000.04 KM
307 Gravelly Lane £ 93,2500.04 KM
301 Gravelly Lane £ 127,0000.04 KM
295 Gravelly Lane £ 169,0000.04 KM
285 Gravelly Lane £ 84,5000.04 KM