Shipways says ..

Property Oracle says ..

The property is a studio flat located in the Soho & Jewellery Quarter area of Birmingham. The location benefits from being relatively close to several train stations, including Jewellery Quarter, Five Ways, and Birmingham Snow Hill, providing convenient access to public transportation. Several primary schools are also within a reasonable distance, though their Ofsted ratings vary. The area appears to be a mix of residential and potentially commercial properties, given the proximity to the Jewellery Quarter.

Based on the provided images, the property appears to be in reasonable condition. While not modern, it seems well-maintained and clean. The kitchen and bathroom are relatively updated. There is no evidence of significant wear and tear or the need for major renovations.

The property has no designated plot size, and while there is some communal green space visible in the exterior photos, this is not a private garden.

Considering the list price of £80,000, the average price for properties in the area is significantly higher (£234,748), and the average price per square foot is £278. However, this studio flat is considerably smaller than the average property size (280 sqft vs 842 sqft) and also much cheaper. The price seems relatively low compared to other nearby properties, although the lack of plot size and smaller size must be taken into account. Several nearby flats have sold for significantly less, suggesting the price may be in line with the market for similar properties in the area. However, more comparable sales data would be needed to definitively assess the value.

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

Images