New Street, Birmingham
CO

New Street, Birmingham

By Connells

£ 160,000

Reviews

2 out of 5 stars

Connells says ..

15TH FLOOR APARTMENT - HEART OF THE CITY CENTRE - CLOSE TO BULLRING & NEW STREET TRAIN STATION - An ideal buy to let with NO UPWARD CHAIN - Having lounge, kitchen, bathroom, double bedroom, concierge, and CITY CENTRE VIEWS!

Property Oracle says ..

This one-bedroom, one-bathroom apartment in Birmingham’s city centre presents a compelling opportunity for both owner-occupiers and investors. Its location near New Street and Moor Street train stations offers exceptional transport connections, making it highly convenient for commuters and those wishing to explore the wider region. The apartment boasts large windows that flood the space with natural light, providing attractive views of the city. Furthermore, its closeness to several universities and colleges makes it a suitable choice for students or young professionals. The internal layout showcases an open-plan living space, a relatively modern kitchen, and a functional bathroom. While the property is generally well-maintained, some areas could benefit from minor cosmetic improvements, such as repainting and replacing outdated fixtures. In terms of pricing, £160,000 appears to reflect the market value for a city centre property of this size, but thorough research into comparable properties is advised before making any conclusions. The lack of any external space is a notable drawback; however, this is a common feature of city centre apartments. Potential buyers should independently verify the building’s condition and any associated service charges before committing to a purchase.

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
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
731.95

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
265,066.00 £
Increased by 22.85 %
from 215,770.00 £
Est sale value
318,398.25 £
Increased by 59.34 %
from 199,822.35 £
Average area rental value
1,330.00 £/mo
Increased by 2.94 %
from 1,292.00 £/mo
Est letting value
1,463.90 £/mo
Increased by 100.00 %
from 731.95 £/mo
Est rental Yield
6.02 %
Decreased by 16.27 %
from 7.19 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Birmingham City UniversityHigher Education InstitutionsGood0.90 KM
Birmingham Metropolitan CollegeFurther EducationRequires improvement0.92 KM
St Catherine Of Siena Catholic Primary SchoolVoluntary Aided SchoolOutstanding0.97 KM
Birmingham Ormiston AcademyAcademy Sponsor LedGood1.00 KM
Aston UniversityHigher Education Institutions1.08 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
High Street £ 000.00 KM
Thousand Trades Square £ 000.00 KM
Edgbaston Street £ 256,49500.00 KM
Park Street £ 000.00 KM
Needless Alley £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Birmingham Moor Street4515BMO0.40 KM
Birmingham New Street1127BHM0.47 KM
Birmingham Snow Hill1006BSW0.65 KM
Five Ways4503FWY2.04 KM
Bordesley4513BBS2.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Street, Birmingham £ 160,000BUY5 / 100.00 KM
The Rotunda, 150 New Street, Birmingham City Centre £ 235,000BUY6 / 100.00 KM
150 New Street,, £ 122,000BUY6 / 100.00 KM
Worcester Street, Birmingham £ 220,000BUY4 / 100.00 KM
New Street, Birmingham £ 135,000BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
8 Bordesley Street £ 150,0000.70 KM
1 Bordesley Street £ 175,0000.70 KM
2 Bordesley Street £ 220,0000.70 KM
88 Meriden Street £ 110,0000.85 KM
89 - 90 Meriden Street £ 110,0000.85 KM