Eight8 Property says ..

Property Oracle says ..

The property is a 1-bedroom apartment located in Masshouse Lane, Nechells, Birmingham. The list price is £120,000. The apartment appears to be in good condition based on the provided images. The kitchen and bathroom are modern and well-maintained. The living area and bedroom are furnished, but the overall presentation is simple and functional. There is no evidence of significant wear and tear or the need for immediate repairs. The location is convenient, with several train stations within walking distance, including Birmingham Moor Street (0.36 KM), Birmingham Snow Hill (1.03 KM), and Birmingham New Street (1.19 KM). This provides good access to the city centre and wider transport network. There are also several schools and colleges nearby, including Birmingham City University (0.17 KM), Birmingham Metropolitan College (0.24 KM), and Birmingham Ormiston Academy (0.28 KM). The lack of information regarding plot size prevents a detailed assessment of the land aspect. The property is an apartment, so it’s unlikely to have a significant private garden. Considering the average price of similar properties in the area (£170,811) and the average price per square foot (£225), the list price of £120,000 for this 1-bedroom apartment appears to be relatively low. However, without knowing the square footage of the apartment, a precise valuation is impossible. The lower price might reflect the smaller size of the apartment compared to the average or other factors not detailed in the provided information. Nearby apartment listings show a range of prices, with some significantly higher than the listed price, suggesting this property might be competitively priced, particularly if the square footage is on the smaller side.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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