Richmond Close, BIRMINGHAM
CO

Richmond Close, BIRMINGHAM

By Connells

£ 125,000

Reviews

2 out of 5 stars

Connells says ..

** TWO BEDROOM FIRST FLOOR APARTMENT ** LEASE TILL 2166 ** COMMUNAL ENTRANCE ** COMMUNAL PARKING ** OPEN PLAN LOUNGE DINER ** WILL APPEAL TO FIRST TIME BUYERS ** INVESTOR OPPORTUNITY ** CLOSE TO LOCAL SHOPPING AMENITIES ** CLOSE TO MOTORWAY LINKS **

Property Oracle says ..

This two-bedroom apartment in Handsworth Wood, Birmingham, offers a potentially attractive option for first-time buyers or investors. Its location is a significant strength, with good access to schools and transport links. St Teresa’s Catholic Primary School and Cherry Orchard Primary School, both rated ‘Good’ by Ofsted, are within walking distance. King Edward VI Handsworth Wood Girls’ Academy, an ‘Outstanding’ school, is also relatively close. The proximity to Hamstead train station adds to the property’s convenience.

The interior photos reveal a functional but somewhat cluttered space. The apartment seems to be in reasonable condition, requiring minor updates and deep cleaning rather than extensive renovation. The kitchen and bathroom are basic but appear to be functional. However, the absence of a garden or private outdoor space is a notable drawback.

The list price of £125,000 appears reasonable, considering comparable properties listed and sold in the vicinity. More detailed research into recent local sales data would be essential to confirm if it represents excellent value, but, at first glance, it seems a reasonable asking price for a two-bedroom flat in that location.

Potential buyers should take into account the property’s leasehold status and investigate its remaining term. In summary, this apartment represents a reasonably priced option in a convenient location, though the potential buyer should be prepared for some necessary cleaning and minor cosmetic improvements to maximize its appeal.

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
5
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
600.00

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
320,000.00 £
Decreased by 17.89 %
from 389,722.00 £
Est sale value
195,000.00 £
Decreased by 9.97 %
from 216,600.00 £
Average area rental value
929.00 £/mo
Decreased by 15.00 %
from 1,093.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 600.00 £/mo
Est rental Yield
3.48 %
Increased by 3.26 %
from 3.37 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
St Teresa'S Catholic Primary SchoolVoluntary Aided SchoolGood0.09 KM
Cherry Orchard Primary SchoolCommunity SchoolGood0.42 KM
King Edward Vi Handsworth Wood Girls' AcademyAcademy ConverterOutstanding0.70 KM
St Marys C Of E Primary And Nursery, Academy, HandsworthAcademy ConverterGood0.83 KM
Dorrington AcademyAcademy ConverterOutstanding1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Selborne Road £ 270,25000.00 KM
Endwood Court Road £ 300,00000.00 KM
The Coppice £ 535,00000.00 KM
Church Lane £ 363,38900.00 KM
Devonshire Road £ 310,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hamstead (Birmingham)1145HSD1.64 KM
Perry Barr1128PRY2.40 KM
Jewellery Quarter1097JEQ3.31 KM
Witton (West Midlands)1011WTT4.37 KM
Birmingham Snow Hill1006BSW4.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richmond Close, BIRMINGHAM £ 125,000BUY5 / 100.00 KM
Richmond Close, Butlers Road, Birmingham, B20 £ 120,000BUY6 / 100.01 KM
Butlers Close, Handsworth, Birmingham £ 120,000BUYUnknown0.03 KM
Limberlost Close, Handsworth Wood, Birmingham £ 87,000BUY4 / 100.12 KM
Limberlost Close, Birmingham £ 70,000BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
3 Butlers Close £ 43,0000.03 KM
1 Butlers Close £ 86,0000.03 KM
4 Butlers Close £ 45,5000.03 KM
11 Butlers Close £ 107,0000.03 KM
5 Butlers Close £ 82,0000.03 KM