Lancaster Wharf, Princip Street, West Midlands, B4
EG

Lancaster Wharf, Princip Street, West Midlands, B4

By EGRE

£ 260,000

Reviews

2 out of 5 stars

EGRE says ..

- One Bedroom - 543 sqft internal space - Canal Side Living - 24hr Concierge - Gym - Residents lounge - Rooftop terrace - Excellent Transport Links - 10 Year Build Warranty - Anticipated Completion Q3 2025

Property Oracle says ..

This one-bedroom apartment at Lancaster Wharf in Birmingham’s Newtown offers canal-side living in a modern, new-build development. The property boasts a contemporary design and is well-presented in the marketing images, showcasing a stylish interior. The development itself provides attractive amenities, including a 24-hour concierge, a gym, a residents’ lounge, and a rooftop terrace. Its location is convenient, with excellent access to multiple train stations, providing easy commutes across Birmingham and beyond. The proximity to several schools, including a ‘Good’-rated academy, makes this property potentially appealing to families or young professionals. However, a key drawback is the lack of private outdoor space, which is a significant consideration for many buyers. The price seems competitive within the context of other new-build apartments in the area, although a more detailed analysis of local market prices per sqft would provide a more definitive assessment. The absence of a provided plot size limits the ability to perform this analysis accurately. Overall, this property presents a compelling proposition for buyers seeking modern, convenient city living, but the lack of outdoor space and limited information on the surrounding area should be carefully considered.

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
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
520.20

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
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
122,247.00 £
Decreased by 37.50 %
from 195,595.20 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
520.20 £/mo
Unchanged by 0.00 %
from 520.20 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • EGRE created the listing.

Nearby Schools

NameTypeOfstedDistance
Blackwater AcademyOther Independent SchoolGood0.23 KM
Aston UniversityHigher Education Institutions0.45 KM
Brearley Children'S CentreChildren's Centre0.70 KM
Birmingham Metropolitan CollegeFurther EducationRequires improvement0.81 KM
Brearley Nursery SchoolLocal Authority Nursery SchoolOutstanding0.82 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Partridge Court £ 000.00 KM
Vesey Street £ 000.00 KM
Bagot Street £ 000.00 KM
Lawson Street £ 000.00 KM
Cecil Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Birmingham Snow Hill1006BSW0.69 KM
Birmingham Moor Street4515BMO1.01 KM
Birmingham New Street1127BHM1.27 KM
Jewellery Quarter1097JEQ2.04 KM
Duddeston1040DUD2.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lancaster Wharf, Birmingham, B4 £ 300,967BUY6 / 100.00 KM
Lancaster Wharf, Birmingham, B4 £ 295,187BUYUnknown0.00 KM
Lancaster Wharf, Birmingham, B4 £ 371,368BUYUnknown0.00 KM
Lancaster Wharf, Birmingham, B4 £ 433,609BUY6 / 100.00 KM
Lancaster Wharf, Birmingham, B4 £ 381,707BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
61 Princip Street £ 74,5000.00 KM
87 New Summer Street £ 310,0000.33 KM
291 - 295 Corporation Street £ 5,725,0000.36 KM
422 New John Street West £ 140,0000.64 KM
426 New John Street West £ 125,0000.64 KM