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 two-bedroom apartment in Lichfield, Staffordshire, is situated on Hobs Road, in the Stowe locality. The property is part of a larger apartment building, offering convenient access to Lichfield Trent Valley train station, making it appealing to commuters. Several primary and secondary schools are within a reasonable distance, adding to its family-friendly aspects.

The apartment itself appears well-maintained, with a recently updated kitchen and bathroom. While the fixtures and fittings seem functional, the overall aesthetic is somewhat dated, and the interior design could benefit from some modernization. The apartment lacks a private garden or significant outdoor space, a common feature of apartment living.

The list price of £110,000 aligns with the prices of comparable properties in the area, though the lack of detailed data on square footage and property types makes a precise comparison challenging. The price seems reasonable, given the location and condition, but potential buyers should factor in the lack of outdoor space and the need for potential cosmetic upgrades to fully personalize the property. The apartment’s location near the train station and schools is a significant advantage, while the lack of land and the slightly dated interior are potential drawbacks.

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
6
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
753.47

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
345,842.73 £
Increased by 15.62 %
from 299,127.59 £
Average area rental value
900.00 £/mo
Decreased by 53.17 %
from 1,922.00 £/mo
Est letting value
753.47 £/mo
Unchanged by 0.00 %
from 753.47 £/mo
Est rental Yield
2.80 %
Decreased by 52.78 %
from 5.93 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Burchell Edwards created the listing.

Nearby Schools

NameTypeOfstedDistance
Scotch Orchard Primary SchoolAcademy Converter0.36 KM
Bridge Short Stay SchoolPupil Referral UnitGood1.43 KM
Streethay Primary SchoolFree Schools1.43 KM
Five Spires AcademyAcademy Sponsor LedGood1.53 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.56 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Lichfield Trent Valley1291LTV0.90 KM
Lichfield City1177LIC2.15 KM
Shenstone1178SEN6.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hobs Road, Lichfield £ 110,000BUY5 / 100.00 KM
Hobs Road, Lichfield £ 110,000BUY4 / 100.00 KM
Whittington House, Hobs Road, Lichfield £ 120,000BUY6 / 100.01 KM
Armitage House, Hobs Road, Lichfield £ 115,000BUY4 / 100.07 KM
Hobs Road, Lichfield £ 110,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
1 Hobs Road £ 94,0000.08 KM
9 Hobs Road £ 138,0000.08 KM
7 Darnford View £ 160,0000.14 KM
4b Darnford View £ 84,9500.14 KM
10 Darnford View £ 136,0000.14 KM