Purplebricks says ..

Property Oracle says ..

This studio apartment is located on Bromsgrove Street in Birmingham, within the Bordesley & Highgate area. The property is a studio flat with a total area of 457.14 sqft and is listed at £115,000. The apartment benefits from being close to several transportation links, with Birmingham New Street station approximately 0.70km away. There are also several schools within a reasonable distance, including highly-rated schools such as St Catherine Of Siena Catholic Primary School (Outstanding) and Ark St Alban’s Academy (Outstanding). This suggests a convenient location for residents.

Based on the provided images, the apartment appears to be in generally good condition, although some minor cosmetic work may be needed. There is some evidence of minor wall imperfections visible in several images. The kitchen and bathroom appear modern and well-maintained. The property does not appear to have any outdoor space.

Considering the list price of £115,000, the average price for properties in the area is considerably higher at £218,742. The average price per sqft in the area is £312.00, while this property’s price per sqft is approximately £251.55. While the property is priced below the average for the area, it is important to note that the provided nearby listings show a range of prices, with some comparable studio apartments listed for similar or slightly higher prices. The lack of outdoor space might also affect the perceived value. The overall price seems reasonable in the context of the local market for studio apartments, but a buyer should carefully consider the lack of outdoor space and the need for potential minor cosmetic repairs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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