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 %
- Est sale value
- 297,000.00 £Increased by 14.98 %
- Average area rental value
- 956.00 £/moIncreased by 1.92 %
- Est letting value
- 900.00 £/mo
- Est rental Yield
- 4.46 %Increased by 10.95 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Acres created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Saint Barnabas Church Of England Primary School | Academy Converter | 0.18 KM | |
| Birches Green Infant School | Community School | Good | 0.60 KM |
| Birches Green Junior School | Academy Sponsor Led | 0.62 KM | |
| Erdington Academy | Academy Sponsor Led | Requires improvement | 0.77 KM |
| Queensbury School | Academy Special Sponsor Led | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Spring Lane | £ 254,532 | 0 | 0.00 KM |
| Western Road | £ 285,000 | 0 | 0.00 KM |
| Briar Close | £ 250,000 | 0 | 0.00 KM |
| Hepburn Edge | £ 0 | 0 | 0.00 KM |
| Glenthorne Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Erdington | 1041 | ERD | 1.18 KM |
| Chester Road | 1130 | CRD | 1.79 KM |
| Gravelly Hill | 1132 | GVH | 2.18 KM |
| Wylde Green | 1138 | WYL | 2.92 KM |
| Aston | 1004 | AST | 4.58 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Spring Lane, Erdington, Birmingham | £ 250,000 | BUY | 6 / 10 | 0.00 KM |
| Spring Lane, Birmingham, B24 9BU | £ 325,000 | BUY | 6 / 10 | 0.03 KM |
| Spring Lane, Erdington, Birmingham, B24 9BT | £ 285,000 | BUY | 7 / 10 | 0.06 KM |
| Spring Lane, Erdington, Birmingham | £ 280,000 | BUY | 7 / 10 | 0.08 KM |
| Spring Lane, Erdington | £ 340,000 | BUY | Unknown | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Spring Lane | £ 174,000 | 0.05 KM |
| 55 Spring Lane | £ 152,000 | 0.05 KM |
| 59 Spring Lane | £ 157,000 | 0.05 KM |
| 89 Spring Lane | £ 172,500 | 0.05 KM |
| 77 Spring Lane | £ 150,000 | 0.05 KM |