Block 11 The Mint, Mint Drive, Jewellery Quarter, B18
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Block 11 The Mint, Mint Drive, Jewellery Quarter, B18

By Martin & Co

£ 1,525,000

Reviews

2 out of 5 stars

Martin & Co says ..

BLOCK OF APARTMENTS! A great opportunity for an investor to buy a block of 9 apartments (3 x 1 bed & 6 x 2 bed) with 9 parking spaces. Mint Drive is a secure gated development built on the former Birmingham Mint site located in the Jewellery Quarter. Annual rental income achieved is £122...

Property Oracle says ..

The Jewellery Quarter in Birmingham is a popular area, known for its historic buildings, independent shops, and restaurants. The proximity to Jewellery Quarter train station provides convenient access to other parts of Birmingham and beyond. Several schools are within a reasonable distance, including Brookfields Primary School and Values Academy, both of which have received positive Ofsted ratings. This contributes to the area’s desirability for families and young professionals.

Based on the provided photographs, the property appears to be in excellent condition. The modern fixtures and fittings, along with the clean and well-maintained interior, suggest minimal need for repair or renovation. The property’s modern design and finishes are appealing to a contemporary buyer.

The property does not appear to have a garden or significant outdoor space, as indicated by the plot size of 0.00 sqft. This is a common feature of apartments in urban areas.

The list price of £1,525,000 for an 861.65 sqft property is significantly higher than the average price per sqft in the area (£278.00). Considering the average price for properties in the area is £234,748, and comparable properties in the immediate vicinity are listed at considerably lower prices, the list price of this property seems high. The lack of outdoor space further contributes to the relatively high price per sqft. A more detailed analysis of the property’s unique features (if any) and a comparison with similar high-value properties in the Jewellery Quarter would be needed to fully justify this price.

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
10
Location
8
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
861.65

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
270,558.10 £
Decreased by 2.48 %
from 277,451.30 £
Average area rental value
1,283.00 £/mo
Increased by 2.15 %
from 1,256.00 £/mo
Est letting value
861.65 £/mo
Unchanged by 0.00 %
from 861.65 £/mo
Est rental Yield
6.90 %
Increased by 17.95 %
from 5.85 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Brookfields Primary SchoolAcademy Sponsor Led0.28 KM
Jewellery Quarter AcademyFree SchoolsRequires improvement0.43 KM
Values AcademyOther Independent Special SchoolGood0.55 KM
St Edmund'S Catholic Primary SchoolVoluntary Aided SchoolRequires improvement0.77 KM
Nelson Junior And Infant SchoolCommunity SchoolGood0.77 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cemetery Lane £ 000.00 KM
Hockley Pool Close £ 000.00 KM
Golden Square £ 000.00 KM
Summer Hill Road £ 000.00 KM
Boarhound Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Jewellery Quarter1097JEQ0.38 KM
Five Ways4503FWY1.92 KM
Birmingham Snow Hill1006BSW1.98 KM
Birmingham New Street1127BHM2.11 KM
Birmingham Moor Street4515BMO2.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Block 11 The Mint, Mint Drive, Jewellery Quarter, B18 £ 1,525,000BUY5 / 100.00 KM
Mint Drive, Hockley, Birmingham, B18 £ 430,000BUYUnknown0.00 KM
Mint Drive, Hockley, Birmingham £ 430,000BUY6 / 100.02 KM
Buttonbox, 116 Warstone Lane, Birmingham, West Midlands, B18 £ 150,000BUY7 / 100.07 KM
Buttonbox, 116 Warstone Lane, Birmingham, B18 £ 160,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
117 Warstone Lane £ 173,0000.11 KM
151 Warstone Lane £ 350,0000.11 KM
154 Warstone Lane £ 98,5000.11 KM
153 Warstone Lane £ 188,0000.11 KM
23 Pemberton Street £ 149,9500.11 KM