Redditch Road, Alvechurch, B48
AR

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 %
from 664,444.00 £
Average area rental value
1,007.00 £/mo
Decreased by 25.41 %
from 1,350.00 £/mo
Est rental Yield
4.03 %
Increased by 65.16 %
from 2.44 %
Crime Rate
57.00 %
Unchanged by 0.00 %
from 57.00 %

Agent Activity

  • Arden Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Alvechurch Cofe Middle SchoolAcademy ConverterGood1.87 KM
Crown Meadow First School & NurseryCommunity SchoolGood1.87 KM
New Ways SchoolOther Independent SchoolGood2.56 KM
Cofton Primary SchoolFoundation SchoolGood2.60 KM
St John Fisher Catholic Primary SchoolAcademy Converter2.63 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Drive £ 000.00 KM
The Rise £ 000.00 KM
Rectory Gardens £ 000.00 KM
Meadow Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Alvechurch1198ALV3.01 KM
Longbridge1110LOB4.06 KM
Barnt Green1096BTG4.20 KM
Northfield1111NFD4.36 KM
Kings Norton1109KNN5.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Redditch Road, Alvechurch, B48 £ 850,000BUY6 / 100.00 KM
Redditch Road, Hopwood, Alvechurch, Birmingham, Worcestershire, B48 £ 1,000,000BUY8 / 100.05 KM
Smedley Crooke Place, Hopwood, Alvechurch, Birmingham, B48 £ 375,000BUY6 / 100.12 KM
Redditch Road, Alvechurch, B48 £ 345,000BUY6 / 100.17 KM
Development Site on Bittell Farm Road, Alvechurch, Birmingham, B48 7AF £ 1,250,000BUY6 / 100.30 KM

Nearby Properties

AddressPriceDistance
Banff £ 448,0000.16 KM
Oaklea £ 303,0000.16 KM
24 Redditch Road £ 375,0000.16 KM
Failte £ 745,0000.16 KM
3 Redditch Road £ 355,0000.16 KM