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 %
- Est sale value
- 1,452,945.92 £Increased by 3.14 %
- Average area rental value
- 1,128.00 £/moDecreased by 9.62 %
- Est letting value
- 3,687.68 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.26 %Decreased by 28.51 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Purple Frog Property Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cherry Oak School | Community Special School | Requires improvement | 0.40 KM |
| St Mary'S Church Of England Primary School | Voluntary Aided School | Good | 0.55 KM |
| Selly Oak Trust School | Foundation Special School | Good | 0.55 KM |
| Selly Oak Nursery School | Local Authority Nursery School | Outstanding | 0.74 KM |
| Tiverton Academy | Academy Sponsor Led | Outstanding | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chapel Lane | £ 0 | 0 | 0.00 KM |
| Varley Close | £ 225,000 | 0 | 0.00 KM |
| Florence Buildings | £ 0 | 0 | 0.00 KM |
| Lower Moor | £ 325,000 | 0 | 0.00 KM |
| Newton Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Selly Oak | 1105 | SLY | 0.41 KM |
| University (Birmingham) | 4504 | UNI | 1.27 KM |
| Bournville | 1112 | BRV | 2.00 KM |
| Kings Norton | 1109 | KNN | 2.95 KM |
| Five Ways | 4503 | FWY | 4.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mixed Use Site, 774-776 Bristol Road | £ 1,100,000 | BUY | 6 / 10 | 0.00 KM |
| Lottie Road, Selly Oak, Birmingham, B29 | £ 280,000 | BUY | 6 / 10 | 0.09 KM |
| Lottie Road, Birmingham, West Midlands, B29 | £ 240,000 | BUY | 6 / 10 | 0.09 KM |
| Lottie Road, Selly Oak, B29 6JY | £ 260,000 | BUY | 6 / 10 | 0.12 KM |
| 65 Winnie Road, Birmingham, B29 | £ 300,000 | BUY | 7 / 10 | 0.22 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 806 Bristol Road | £ 190,000 | 0.00 KM |
| 816 Bristol Road | £ 1,034 | 0.00 KM |
| 804 Bristol Road | £ 32,000 | 0.00 KM |
| 24 Lottie Road | £ 150,000 | 0.08 KM |
| 48 Lottie Road | £ 100,000 | 0.08 KM |