Derwent Foundry, St Pauls Square
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Derwent Foundry, St Pauls Square

By Asset Residential

£ 220,000

Reviews

2 out of 5 stars

Asset Residential says ..

***EWS1 GRANTED""" Stunning Two-Bedroom Property in the Heart of Derwent Foundry - A Perfect Blend of Modern Living & Convenience Welcome to this beautifully redecorated two-bedroom apartment in the highly sought-after Derwent Foundry, B3 1BG. Offering a perfect combination of contemporary st...

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in the Jewellery Quarter of Birmingham, a vibrant and increasingly popular area known for its independent shops, restaurants, and historical landmarks. The proximity to Birmingham Snow Hill and New Street train stations offers excellent transport links, while several highly-rated schools are within a reasonable distance, making it attractive to families and professionals alike. The apartment itself appears modern and well-maintained, based on the provided images. The kitchen and bathrooms are contemporary in style and seem to be in good condition. The lack of a garden or outdoor space is a notable drawback, reflected in the plot size of 0.00 sqft. Considering the average price per square foot in the area (£278) and the apartment’s size (503.94 sqft), a rough estimate of its value would be around £140,000. The list price of £220,000 therefore appears significantly higher than the estimated value based on comparable properties in the area. Several nearby apartments are listed at considerably lower prices, suggesting the asking price may be inflated. However, without further details about the property’s specific features and the condition of the building, this is just a preliminary assessment.

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
4
Condition
8
Location
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
503.94

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
223,188.00 £
Decreased by 13.36 %
from 257,594.00 £
Est sale value
158,237.16 £
Decreased by 2.48 %
from 162,268.68 £
Average area rental value
1,283.00 £/mo
Increased by 2.15 %
from 1,256.00 £/mo
Est letting value
503.94 £/mo
Unchanged by 0.00 %
from 503.94 £/mo
Est rental Yield
6.90 %
Increased by 17.95 %
from 5.85 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Asset Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
University College BirminghamHigher Education InstitutionsGood0.47 KM
Arc Oakbridge SchoolOther Independent Special SchoolGood0.47 KM
St George'S Church Of England Academy, NewtownAcademy Sponsor LedGood0.54 KM
Titan St Georges AcademyFree Schools Alternative ProvisionGood0.55 KM
Brearley Nursery SchoolLocal Authority Nursery SchoolOutstanding0.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Queensway £ 000.00 KM
Constitution Hill £ 000.00 KM
Great Hampton Row £ 000.00 KM
William Street North £ 000.00 KM
Colmore Row £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Birmingham Snow Hill1006BSW0.59 KM
Birmingham New Street1127BHM0.95 KM
Jewellery Quarter1097JEQ1.11 KM
Birmingham Moor Street4515BMO1.46 KM
Five Ways4503FWY1.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mary Ann Street, Birmingham £ 140,000BUY5 / 100.00 KM
Derwent Foundry, 5 Mary Ann Street, St. Pauls Square £ 190,000BUY7 / 100.00 KM
Derwent Foundry, St Pauls Square £ 220,000BUY5 / 100.00 KM
Mary Ann Street, Birmingham £ 140,000BUY5 / 100.00 KM
Derwent Foundry, 5 Mary Ann Street, Birmingham, B3 £ 140,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
47 Water Street £ 130,0000.07 KM
60 Water Street £ 365,0000.19 KM
37 Constitution Hill £ 200,0000.23 KM
33 Constitution Hill £ 225,0000.23 KM
31c Northwood Street £ 179,0000.34 KM