Auction House Birmingham & Black Country, Aldridge. says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located in West Bromwich, West Midlands. The list price is £120,000, and the property has a total area of 950 sqft. The average price per sqft in the area is £318. Based on the provided images, the property is in need of significant renovation. The exterior shows some wear and tear, and the interior images reveal a cluttered and dated kitchen and living room, with visible signs of disrepair. The garden is overgrown and requires considerable attention. Given the condition of the property, a significant amount of investment will be required to bring it up to a modern standard. The location is close to several schools, including Sandwell Academy (rated Outstanding) and Wattville Primary School (rated Good), and also benefits from relatively close proximity to several train stations. This makes the location reasonably convenient. However, the area’s average house price is significantly higher than the list price of this property, suggesting that it may be undervalued. The property does have a garden, albeit one that is currently overgrown and neglected. Considering the property’s condition, the need for substantial renovation, and the relatively low list price compared to average house prices in the area, the price may represent reasonable value for money, provided the buyer is prepared to undertake the necessary renovations. However, the lack of plot size information makes a full assessment of land value impossible.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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