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 %
- Est sale value
- 270,558.10 £Decreased by 2.48 %
- Average area rental value
- 1,283.00 £/moIncreased by 2.15 %
- Est letting value
- 861.65 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.90 %Increased by 17.95 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brookfields Primary School | Academy Sponsor Led | 0.28 KM | |
| Jewellery Quarter Academy | Free Schools | Requires improvement | 0.43 KM |
| Values Academy | Other Independent Special School | Good | 0.55 KM |
| St Edmund'S Catholic Primary School | Voluntary Aided School | Requires improvement | 0.77 KM |
| Nelson Junior And Infant School | Community School | Good | 0.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cemetery Lane | £ 0 | 0 | 0.00 KM |
| Hockley Pool Close | £ 0 | 0 | 0.00 KM |
| Golden Square | £ 0 | 0 | 0.00 KM |
| Summer Hill Road | £ 0 | 0 | 0.00 KM |
| Boarhound Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Jewellery Quarter | 1097 | JEQ | 0.38 KM |
| Five Ways | 4503 | FWY | 1.92 KM |
| Birmingham Snow Hill | 1006 | BSW | 1.98 KM |
| Birmingham New Street | 1127 | BHM | 2.11 KM |
| Birmingham Moor Street | 4515 | BMO | 2.82 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Block 11 The Mint, Mint Drive, Jewellery Quarter, B18 | £ 1,525,000 | BUY | 5 / 10 | 0.00 KM |
| Mint Drive, Hockley, Birmingham, B18 | £ 430,000 | BUY | Unknown | 0.00 KM |
| Mint Drive, Hockley, Birmingham | £ 430,000 | BUY | 6 / 10 | 0.02 KM |
| Buttonbox, 116 Warstone Lane, Birmingham, West Midlands, B18 | £ 150,000 | BUY | 7 / 10 | 0.07 KM |
| Buttonbox, 116 Warstone Lane, Birmingham, B18 | £ 160,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 117 Warstone Lane | £ 173,000 | 0.11 KM |
| 151 Warstone Lane | £ 350,000 | 0.11 KM |
| 154 Warstone Lane | £ 98,500 | 0.11 KM |
| 153 Warstone Lane | £ 188,000 | 0.11 KM |
| 23 Pemberton Street | £ 149,950 | 0.11 KM |