McCarthy & Stone Resales says ..

Property Oracle says ..

Edgbaston is a popular area of Birmingham, known for its high-quality housing and proximity to excellent schools and transport links. The property is within easy reach of several highly-rated primary and secondary schools, including Chad Vale Primary School and St Paul’s School for Girls. Transport links are also good, with several train stations within a reasonable distance. This contributes to a high location score.

Based on the images provided, the property appears to be in excellent condition. The apartment is modern, clean and well-maintained. There is no visible evidence of damage or wear and tear. The fixtures and fittings look new or recently replaced. This suggests a high condition score.

The property includes access to communal gardens, which is a desirable feature. While it does not have a private garden, the communal space provides green space for residents to enjoy. This contributes to a moderate land score.

The list price of £122,500 is significantly lower than the average price for the area (£568,758). However, it’s important to consider that this is a one-bedroom apartment, considerably smaller than the average property size in Edgbaston. The average price per square foot in the area is £414, while this property’s implied price per square foot (based on the listed price and square footage) is considerably lower. Considering the condition, location, and access to communal green space, the list price could be considered reasonable, although further investigation into comparable properties in the building would be beneficial to confirm. This leads to a moderate price score.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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