Mixed Use Site, 774-776 Bristol Road
PU

Mixed Use Site, 774-776 Bristol Road

By Purple Frog Property Limited

£ 1,100,000

Reviews

3 out of 5 stars

Purple Frog Property Limited says ..

Turn-key investment with further development potential. Studio flats & Commercial units. 

Property Oracle says ..

The property is a block of apartments located at 774-776 Bristol Road, Birmingham, B29 6NZ. The location benefits from its proximity to Selly Oak train station (0.41km), providing convenient access to Birmingham city centre and beyond. Several schools are also within a reasonable distance, including Cherry Oak School (0.40km), St Mary’s Church of England Primary School (0.55km), and Selly Oak Trust School (0.55km). The presence of these amenities contributes positively to the overall desirability of the location.

Based on the provided images, the property appears to be in good condition. The apartments are modern and well-maintained, with updated fixtures and fittings. There is evidence of a small, well-maintained rear yard.

The list price of £1,100,000 for a 3,687.68 sqft block of apartments is significantly higher than the average price of £320,049 for properties in the area. However, the average sqft price in the area is £327.00, and this property is considerably larger than the average property in the area. The higher price may be justified by the size of the property and its potential for rental income, given the seven bedrooms and seven bathrooms. Further analysis of comparable properties in the area and rental yields would be necessary to fully assess the reasonableness of the list price.

The property includes a small, paved rear yard. While not extensive, it provides some outdoor space, which is a positive feature.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
8
Land
3
Bedrooms
7
Bathrooms
7
Sqft (est)
3,687.68

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
415,495.00 £
Increased by 26.58 %
from 328,244.00 £
Est sale value
1,452,945.92 £
Increased by 3.14 %
from 1,408,693.76 £
Average area rental value
1,128.00 £/mo
Decreased by 9.62 %
from 1,248.00 £/mo
Est letting value
3,687.68 £/mo
Unchanged by 0.00 %
from 3,687.68 £/mo
Est rental Yield
3.26 %
Decreased by 28.51 %
from 4.56 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Purple Frog Property Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Cherry Oak SchoolCommunity Special SchoolRequires improvement0.40 KM
St Mary'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.55 KM
Selly Oak Trust SchoolFoundation Special SchoolGood0.55 KM
Selly Oak Nursery SchoolLocal Authority Nursery SchoolOutstanding0.74 KM
Tiverton AcademyAcademy Sponsor LedOutstanding0.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Chapel Lane £ 000.00 KM
Varley Close £ 225,00000.00 KM
Florence Buildings £ 000.00 KM
Lower Moor £ 325,00000.00 KM
Newton Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Selly Oak1105SLY0.41 KM
University (Birmingham)4504UNI1.27 KM
Bournville1112BRV2.00 KM
Kings Norton1109KNN2.95 KM
Five Ways4503FWY4.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mixed Use Site, 774-776 Bristol Road £ 1,100,000BUY6 / 100.00 KM
Lottie Road, Selly Oak, Birmingham, B29 £ 280,000BUY6 / 100.09 KM
Lottie Road, Birmingham, West Midlands, B29 £ 240,000BUY6 / 100.09 KM
Lottie Road, Selly Oak, B29 6JY £ 260,000BUY6 / 100.12 KM
65 Winnie Road, Birmingham, B29 £ 300,000BUY7 / 100.22 KM

Nearby Properties

AddressPriceDistance
806 Bristol Road £ 190,0000.00 KM
816 Bristol Road £ 1,0340.00 KM
804 Bristol Road £ 32,0000.00 KM
24 Lottie Road £ 150,0000.08 KM
48 Lottie Road £ 100,0000.08 KM