Gospel Lane, Birmingham, West Midlands, B27
BA

Gospel Lane, Birmingham, West Midlands, B27

By Bairstow Eves

£ 235,000

Reviews

2 out of 5 stars

Bairstow Eves says ..

Bairstow Eves are pleased to offer this three bedroom semi detached property for sale with the added benefit of no chain. The property is in need of modernisation and offers a lot of potential. The property in brief comprises of; entrance porch, hallway, through lounge diner, extended...

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on Gospel Lane in Acocks Green, Birmingham. It is situated 0.94km from Acocks Green train station, providing convenient access to public transport. Several primary schools with good Ofsted ratings are within a 1km radius, making it potentially attractive to families. The property itself has a plot size of 1,005 sqft and includes a garden and a garage. The house requires significant renovation. The interior images show worn carpets, outdated fixtures and fittings, and damaged walls and flooring in several rooms. The kitchen and bathroom are particularly dated and in need of modernisation. The garden also appears overgrown and unkempt. The garage is also in need of repair. Considering the average house price in the area is £271,493 and the average price per sqft is £249, the listing price of £235,000 for this 844 sqft property seems relatively low, especially given its need for extensive renovation. However, the lack of comparable sales data for similar properties in the immediate vicinity makes a definitive conclusion about the price difficult. The property’s condition significantly impacts its value, and the cost of necessary renovations should be factored into any purchase decision. The property benefits from a good location near transport links and schools, and it includes a garden and garage, which are desirable features. However, the extensive renovations required represent a substantial additional cost for a potential buyer.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
3
Location
7
Land
6
Bedrooms
3
Bathrooms
0
Sqft (est)
844.00
Lot (est)
1,005.00

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
406,364.00 £
Increased by 51.98 %
from 267,381.00 £
Est sale value
277,676.00 £
Increased by 29.02 %
from 215,220.00 £
Average area rental value
1,294.00 £/mo
Increased by 17.32 %
from 1,103.00 £/mo
Est letting value
844.00 £/mo
Unchanged by 0.00 %
from 844.00 £/mo
Est rental Yield
3.82 %
Decreased by 22.83 %
from 4.95 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Bairstow Eves created the listing.

Nearby Schools

NameTypeOfstedDistance
The Oaklands Primary SchoolAcademy ConverterGood0.71 KM
Kineton Green Primary SchoolCommunity SchoolGood0.74 KM
Holy Souls Catholic Primary SchoolAcademy Sponsor Led0.76 KM
Archbishop Ilsley Catholic SchoolAcademy Converter0.85 KM
Cottesbrooke Infant And Nursery SchoolAcademy ConverterGood1.19 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Lincoln Road £ 000.00 KM
Olton Station Subway £ 375,00000.00 KM
Aspen Close £ 112,50000.00 KM
Pierce Avenue £ 000.00 KM
Rookwood Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Acocks Green4529ACG0.94 KM
Olton4533OLT1.18 KM
Spring Road4535SRI2.56 KM
Tyseley4518TYS3.04 KM
Hall Green4521HLG3.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gospel Lane, Birmingham, West Midlands, B27 £ 235,000BUY5 / 100.00 KM
Harrier Road, Birmingham, B27 7AB £ 320,000BUY6 / 100.07 KM
Grattidge Road, Acocks Green £ 260,000BUY6 / 100.13 KM
Osprey Road, Birmingham, West Midlands, B27 £ 325,000BUY7 / 100.20 KM
Osprey Road, BIRMINGHAM, West Midlands, B27 £ 225,000BUY7 / 100.20 KM

Nearby Properties

AddressPriceDistance
34 Gospel Lane £ 256,0000.00 KM
30 Gospel Lane £ 185,0000.00 KM
4 Gospel Lane £ 205,0000.00 KM
32 Gospel Lane £ 190,0000.00 KM
18 Gospel Lane £ 200,0000.00 KM