Midland Housing Ltd says ..

Property Oracle says ..

This end of terrace property is located in Hockley, Birmingham, close to the Jewellery Quarter. The area benefits from good transport links and several highly-rated schools within a short distance. While the property is in need of significant renovation, its location and potential make it an interesting proposition for buyers looking for a project. The list price is below the average for the area, but this is likely due to the property’s condition. The small plot size might be a drawback for some buyers.

The property shows signs of significant wear and tear, indicating a need for substantial renovations. The interior images reveal outdated fixtures, damaged walls, and general disrepair, suggesting a considerable investment would be needed to bring it up to a modern standard. The exterior, while showing a traditional style, also appears to be in need of maintenance and repair. The small garden is overgrown and unkempt.

Considering the property’s condition, the list price is relatively low compared to the average price per square foot in the area. However, potential buyers should factor in the substantial costs associated with the necessary renovations. The location is a positive aspect, but the condition of the property and the small plot size are significant factors to consider.

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

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