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
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Metrics Year-on-Year
- Average area value
- 386,000.00 £Decreased by 0.81 %
- Est sale value
- 345,842.73 £Increased by 15.62 %
- Average area rental value
- 900.00 £/moDecreased by 53.17 %
- Est letting value
- 753.47 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.80 %Decreased by 52.78 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Burchell Edwards created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Scotch Orchard Primary School | Academy Converter | 0.36 KM | |
| Bridge Short Stay School | Pupil Referral Unit | Good | 1.43 KM |
| Streethay Primary School | Free Schools | 1.43 KM | |
| Five Spires Academy | Academy Sponsor Led | Good | 1.53 KM |
| St Joseph'S Catholic Primary School | Voluntary Aided School | Good | 1.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ash Grove | £ 275,000 | 0 | 0.00 KM |
| Rowan Close | £ 0 | 0 | 0.00 KM |
| Sherriffs Ride | £ 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 | 0.90 KM |
| Lichfield City | 1177 | LIC | 2.15 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 |
| Whittington House, Hobs Road, Lichfield | £ 120,000 | BUY | 6 / 10 | 0.01 KM |
| Armitage House, Hobs Road, Lichfield | £ 115,000 | BUY | 4 / 10 | 0.07 KM |
| Hobs Road, Lichfield | £ 110,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Hobs Road | £ 94,000 | 0.08 KM |
| 9 Hobs Road | £ 138,000 | 0.08 KM |
| 7 Darnford View | £ 160,000 | 0.14 KM |
| 4b Darnford View | £ 84,950 | 0.14 KM |
| 10 Darnford View | £ 136,000 | 0.14 KM |