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 %
- Est sale value
- 158,237.16 £Decreased by 2.48 %
- Average area rental value
- 1,283.00 £/moIncreased by 2.15 %
- Est letting value
- 503.94 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.90 %Increased by 17.95 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Asset Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| University College Birmingham | Higher Education Institutions | Good | 0.47 KM |
| Arc Oakbridge School | Other Independent Special School | Good | 0.47 KM |
| St George'S Church Of England Academy, Newtown | Academy Sponsor Led | Good | 0.54 KM |
| Titan St Georges Academy | Free Schools Alternative Provision | Good | 0.55 KM |
| Brearley Nursery School | Local Authority Nursery School | Outstanding | 0.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Queensway | £ 0 | 0 | 0.00 KM |
| Constitution Hill | £ 0 | 0 | 0.00 KM |
| Great Hampton Row | £ 0 | 0 | 0.00 KM |
| William Street North | £ 0 | 0 | 0.00 KM |
| Colmore Row | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Birmingham Snow Hill | 1006 | BSW | 0.59 KM |
| Birmingham New Street | 1127 | BHM | 0.95 KM |
| Jewellery Quarter | 1097 | JEQ | 1.11 KM |
| Birmingham Moor Street | 4515 | BMO | 1.46 KM |
| Five Ways | 4503 | FWY | 1.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mary Ann Street, Birmingham | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Derwent Foundry, 5 Mary Ann Street, St. Pauls Square | £ 190,000 | BUY | 7 / 10 | 0.00 KM |
| Derwent Foundry, St Pauls Square | £ 220,000 | BUY | 5 / 10 | 0.00 KM |
| Mary Ann Street, Birmingham | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Derwent Foundry, 5 Mary Ann Street, Birmingham, B3 | £ 140,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Water Street | £ 130,000 | 0.07 KM |
| 60 Water Street | £ 365,000 | 0.19 KM |
| 37 Constitution Hill | £ 200,000 | 0.23 KM |
| 33 Constitution Hill | £ 225,000 | 0.23 KM |
| 31c Northwood Street | £ 179,000 | 0.34 KM |