Spring Lane, Erdington, Birmingham
AC

Spring Lane, Erdington, Birmingham

By Acres

£ 250,000

Reviews

3 out of 5 stars

Acres says ..

Located on Spring Lane, this excellent traditional styled freehold property is close to many amenities including schools, park and shops. The property offers a superb opportunity to extend and improve (with relevant permissions). The interiors include a welcoming entrance hall, Lounge with ...

Property Oracle says ..

This three-bedroom semi-detached house in Erdington, Birmingham, presents a mixed bag. The property’s location is a key strength, boasting convenient access to local schools, including Saint Barnabas Church of England Primary School, a highly desirable feature for families. The proximity to Erdington train station also enhances its appeal. The average house price for Spring Lane further reinforces the value of this location.

However, the property’s condition presents a more nuanced picture. While the exterior appears well-maintained, the interior photographs reveal dated décor and fittings. Potential buyers should budget for modernisation and renovations to bring the property up to current standards. The size of the garden appears modest, providing adequate outdoor space but not extensive grounds.

The list price of £250,000 is consistent with the average price on Spring Lane, indicating a reasonable valuation, although not necessarily exceptional value. The lack of precise plot size information hampers a more precise assessment. Overall, this property represents a solid investment opportunity but would require a commitment to renovation to reach its full potential. The property’s strengths, particularly its location and proximity to amenities and transport, offset the need for improvement works.

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
7
Condition
6
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
900.00

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
297,000.00 £
Increased by 14.98 %
from 258,300.00 £
Average area rental value
956.00 £/mo
Increased by 1.92 %
from 938.00 £/mo
Est letting value
900.00 £/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

  • Acres created the listing.

Nearby Schools

NameTypeOfstedDistance
Saint Barnabas Church Of England Primary SchoolAcademy Converter0.18 KM
Birches Green Infant SchoolCommunity SchoolGood0.60 KM
Birches Green Junior SchoolAcademy Sponsor Led0.62 KM
Erdington AcademyAcademy Sponsor LedRequires improvement0.77 KM
Queensbury SchoolAcademy Special Sponsor Led0.82 KM

Images

IMG_4289 (Large).JPG IMG_4296 (Large).JPG IMG_4292 (Large).JPG IMG_4291 (Large).JPG IMG_4293 (Large).JPG IMG_4294 (Large).JPG IMG_4301 (Large).JPG IMG_4305 (Large).JPG IMG_4304 (Large).JPG IMG_4303 (Large).JPG IMG_4290 (Large).JPG IMG_4295 (Large).JPG IMG_4297 (Large).JPG IMG_4302 (Large).JPG IMG_4298 (Large).JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Spring Lane £ 254,53200.00 KM
Western Road £ 285,00000.00 KM
Briar Close £ 250,00000.00 KM
Hepburn Edge £ 000.00 KM
Glenthorne Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Erdington1041ERD1.18 KM
Chester Road1130CRD1.79 KM
Gravelly Hill1132GVH2.18 KM
Wylde Green1138WYL2.92 KM
Aston1004AST4.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spring Lane, Erdington, Birmingham £ 250,000BUY6 / 100.00 KM
Spring Lane, Birmingham, B24 9BU £ 325,000BUY6 / 100.03 KM
Spring Lane, Erdington, Birmingham, B24 9BT £ 285,000BUY7 / 100.06 KM
Spring Lane, Erdington, Birmingham £ 280,000BUY7 / 100.08 KM
Spring Lane, Erdington £ 340,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
63 Spring Lane £ 174,0000.05 KM
55 Spring Lane £ 152,0000.05 KM
59 Spring Lane £ 157,0000.05 KM
89 Spring Lane £ 172,5000.05 KM
77 Spring Lane £ 150,0000.05 KM