Martin & Co says ..
**INVESTMENT OPPORTUNITY***TENANT IN SITU** Martin&Co are pleased to offer this modern ground floor apartment which can be found within a purpose built development conveniently located to allow easy access to local amenities and transport. The property briefly comprises: entrance hallway ...
Property Oracle says ..
This two-bedroom, two-bathroom apartment in Redditch, Worcestershire, is listed at £145,000. The property is situated in a central location, offering easy access to local amenities and Redditch train station, improving commutability. The apartment appears to be in good condition, based on the images provided. It presents as modern, clean, and functional, offering a comfortable living space for its size. The property is described as a modern ground floor apartment in a purpose-built development. The lack of outdoor space is a limitation, given it’s an apartment. The price seems reasonable when considered against similar listed properties nearby. However, a thorough assessment of recent comparable sales in the immediate vicinity is needed for a fully informed analysis of value. The absence of precise square footage details for comparable properties hinders a thorough price per square foot analysis. Buyers should also perform a full survey to ascertain the property’s condition beyond superficial appearance. The presence of a tenant is highlighted in the listing descriptions, signifying potential rental income, attractive to investors. Potential buyers should research local schools and community features further before making a purchase decision. Overall, this apartment presents a suitable option for first-time buyers or investors seeking a centrally located property in Redditch. A thorough survey is recommended before committing to a purchase. The available data prevents a completely precise evaluation; additional information on comparable sales is necessary for a definitive analysis.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 780.00
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
- 487,124.00 £Increased by 94.35 %
- Est sale value
- 480,480.00 £Increased by 112.41 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est letting value
- 780.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Luke'S Cofe First School | Voluntary Controlled School | Requires improvement | 0.58 KM |
| Holyoakes Field First School | Academy Converter | 0.93 KM | |
| Heart Of Worcestershire College | Further Education | Good | 0.97 KM |
| Trinity High School And Sixth Form Centre | Academy Converter | Good | 1.29 KM |
| Birchensale Middle School | Academy Converter | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Station Way | £ 0 | 0 | 0.00 KM |
| Lilac Close | £ 0 | 0 | 0.00 KM |
| South Street | £ 0 | 0 | 0.00 KM |
| Greenfields | £ 210,000 | 0 | 0.00 KM |
| Market Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redditch | 1208 | RDC | 0.60 KM |
| Alvechurch | 1198 | ALV | 5.65 KM |
| Barnt Green | 1096 | BTG | 8.55 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Haresfield Close, Southcrest, Redditch, Worcestershire, B97 | £ 210,000 | BUY | 7 / 10 | 0.05 KM |
| Mount Pleasant, Redditch | £ 325,000 | BUY | 7 / 10 | 0.07 KM |
| Mount Pleasant, Redditch, Worcestershire, B97 | £ 190,000 | BUY | 6 / 10 | 0.13 KM |
| Mount Pleasant, Redditch, Worcestershire, B97 | £ 140,000 | BUY | 7 / 10 | 0.13 KM |
| Mount Pleasant, Redditch | £ 130,000 | BUY | 6 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Bromfield Road | £ 99,950 | 0.05 KM |
| 11 Bromfield Road | £ 124,000 | 0.05 KM |
| 17 Bromfield Road | £ 132,500 | 0.05 KM |
| 23 Bromfield Road | £ 71,000 | 0.05 KM |
| 2 Haresfield Close | £ 102,000 | 0.06 KM |