Hobs Road, Lichfield
BU

Hobs Road, Lichfield

By Burchell Edwards

£ 110,000

Reviews

2 out of 5 stars

Burchell Edwards says ..

NO CHAIN! An upper floor two bedroom apartment with FANTASTIC VIEWS of the surrounding area. This ideal investment purchase has a tenant in situ and would be an ideal investment purchase.

Property Oracle says ..

This one-bedroom apartment is located in Lichfield, Staffordshire, within a multi-story residential complex on Hobs Road. The property’s proximity to Lichfield Trent Valley station offers a positive aspect for commuters, and nearby schools like Scotch Orchard Primary School are within walking distance. The images suggest a building that is well-maintained externally but the interior shows a modest, perhaps slightly dated, bathroom. The apartment does not benefit from a private garden.

The listing price of £110,000 appears relatively reasonable when considering comparable nearby properties, though a lack of sq ft details for those properties and the lack of detail of this property’s position within the building make definitive comparisons challenging. This price is likely to reflect the smaller size of the property and its apartment status, and the less central nature of its location. More detailed information regarding the interior condition and specifications of the apartment itself would enable a more precise assessment of value. Potential buyers should undertake a thorough inspection to gauge the property’s overall state and suitability to their needs.

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

Price
7
Condition
5
Location
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
839.59

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
386,000.00 £
Decreased by 0.81 %
from 389,165.00 £
Est sale value
385,371.81 £
Increased by 15.62 %
from 333,317.23 £
Average area rental value
900.00 £/mo
Decreased by 53.17 %
from 1,922.00 £/mo
Est letting value
839.59 £/mo
Unchanged by 0.00 %
from 839.59 £/mo
Est rental Yield
2.80 %
Decreased by 52.78 %
from 5.93 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Burchell Edwards created the listing.

Nearby Schools

NameTypeOfstedDistance
Scotch Orchard Primary SchoolAcademy Converter0.36 KM
Bridge Short Stay SchoolPupil Referral UnitGood1.43 KM
Streethay Primary SchoolFree Schools1.43 KM
Five Spires AcademyAcademy Sponsor LedGood1.53 KM
St Joseph'S Catholic Primary SchoolVoluntary Aided SchoolGood1.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ash Grove £ 275,00000.00 KM
Rowan Close £ 000.00 KM
Sherriffs Ride £ 000.00 KM
Kingfisher Drive £ 000.00 KM
Roman Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lichfield Trent Valley1291LTV0.90 KM
Lichfield City1177LIC2.15 KM
Shenstone1178SEN6.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hobs Road, Lichfield £ 110,000BUY5 / 100.00 KM
Hobs Road, Lichfield £ 110,000BUY4 / 100.00 KM
Whittington House, Hobs Road, Lichfield £ 120,000BUY6 / 100.01 KM
Armitage House, Hobs Road, Lichfield £ 115,000BUY4 / 100.07 KM
Hobs Road, Lichfield £ 110,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
9 Hobs Road £ 138,0000.08 KM
1 Hobs Road £ 94,0000.08 KM
4b Darnford View £ 84,9500.14 KM
7 Darnford View £ 160,0000.14 KM
21 Darnford View £ 180,0000.14 KM