Redditch Road, Alvechurch, B48
By Arden Estates
£ 850,000
Reviews
3 out of 5 stars
Arden Estates says ..
PROPOSED RESIDENTIAL DEVELOPMENT - Between 2 and 4 Dwellings (Permission in Principle) - An exciting opportunity to acquire a development site within the village of Hopwood, Alvechurch, offering permission in principle (PIP) for the construction of between two and four dwelling houses.
Property Oracle says ..
This detached property on Redditch Road in Alvechurch presents a unique opportunity. While it may require some modernisation, it benefits from a large plot, outbuildings, and proximity to both local amenities and countryside. The presence of a pool adds potential value, though its current condition needs to be assessed. The property’s location offers a balance between suburban convenience and rural tranquility. The price is relatively high for the area, but the size of the plot and potential for development may justify the investment, subject to renovation costs and planning considerations.
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
- 6
- Condition
- 5
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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
- 300,000.00 £Decreased by 54.85 %
- Average area rental value
- 1,007.00 £/moDecreased by 25.41 %
- Est rental Yield
- 4.03 %Increased by 65.16 %
- Crime Rate
- 57.00 %Unchanged by 0.00 %
Agent Activity
Arden Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Alvechurch Cofe Middle School | Academy Converter | Good | 1.87 KM |
| Crown Meadow First School & Nursery | Community School | Good | 1.87 KM |
| New Ways School | Other Independent School | Good | 2.56 KM |
| Cofton Primary School | Foundation School | Good | 2.60 KM |
| St John Fisher Catholic Primary School | Academy Converter | 2.63 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Drive | £ 0 | 0 | 0.00 KM |
| The Rise | £ 0 | 0 | 0.00 KM |
| Rectory Gardens | £ 0 | 0 | 0.00 KM |
| Meadow Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Alvechurch | 1198 | ALV | 3.01 KM |
| Longbridge | 1110 | LOB | 4.06 KM |
| Barnt Green | 1096 | BTG | 4.20 KM |
| Northfield | 1111 | NFD | 4.36 KM |
| Kings Norton | 1109 | KNN | 5.53 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Redditch Road, Alvechurch, B48 | £ 850,000 | BUY | 6 / 10 | 0.00 KM |
| Redditch Road, Hopwood, Alvechurch, Birmingham, Worcestershire, B48 | £ 1,000,000 | BUY | 8 / 10 | 0.05 KM |
| Smedley Crooke Place, Hopwood, Alvechurch, Birmingham, B48 | £ 375,000 | BUY | 6 / 10 | 0.12 KM |
| Redditch Road, Alvechurch, B48 | £ 345,000 | BUY | 6 / 10 | 0.17 KM |
| Development Site on Bittell Farm Road, Alvechurch, Birmingham, B48 7AF | £ 1,250,000 | BUY | 6 / 10 | 0.30 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Banff | £ 448,000 | 0.16 KM |
| Oaklea | £ 303,000 | 0.16 KM |
| 24 Redditch Road | £ 375,000 | 0.16 KM |
| Failte | £ 745,000 | 0.16 KM |
| 3 Redditch Road | £ 355,000 | 0.16 KM |