York Road, Edgbaston, Birmingham, B16 9JB
Davidson Estates logo

York Road, Edgbaston, Birmingham, B16 9JB

By Davidson Estates

£ 1,350,000

Reviews

3 out of 5 stars

Davidson Estates says ..

FREEHOLD purchase with 12 studio apartments | Investment Opportunity | Fully Tenanted | Current total annual rental income of £94,140 pa | 7% Yield | Fully Managed Turn Key opportunity | Property in very good condition | Driveway and rear communal garden

Property Oracle says ..

This property in Edgbaston, Birmingham, is presented as a turnkey investment opportunity comprising twelve studio apartments. The location in Edgbaston is a significant advantage, given the area’s reputation for quality schools and convenient access to amenities and transport links. The property’s exterior appears well-maintained, from the provided images, though no information on structural integrity is available. The photographs of the interior showcase fairly typical but functional living spaces, adequately equipped for rental purposes, though not luxurious in quality or design.

The presence of both a communal and private outdoor space is a positive aspect of this property. A communal garden provides residents with some shared green space and a driveway. However, given the lack of information about the plot size, it’s difficult to conclusively assess the true amount of outdoor space provided. This would be an area to investigate further.

The list price of £1,350,000, while substantial, seems reasonable considering the yield information provided (7% annual return on investment). The absence of building square footage prevents detailed analysis of the price-per-square-foot. Overall, this property is marketed towards investors, its appeal resting chiefly on its strong location, rental income potential, and the overall relative condition of the twelve apartments that it consists of.

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
7
Condition
6
Location
7
Land
4
Bedrooms
0
Bathrooms
12

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
371,500.00 £
Increased by 6.44 %
from 349,009.00 £
Average area rental value
985.00 £/mo
Decreased by 5.74 %
from 1,045.00 £/mo
Est rental Yield
3.18 %
Decreased by 11.42 %
from 3.59 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Davidson Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Norfolk House SchoolOther Independent School0.30 KM
St Paul'S School For GirlsVoluntary Aided SchoolOutstanding0.35 KM
Chad Vale Primary SchoolCommunity SchoolGood1.03 KM
City Road Primary SchoolAcademy Sponsor Led1.29 KM
Woodbourne Hospital SchoolOther Independent SchoolGood1.30 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Augustine's Road £ 000.00 KM
Moorland Road £ 895,00000.00 KM
Manor Road £ 147,50000.00 KM
Aston Bury £ 950,00000.00 KM
Holly Road £ 268,00000.00 KM

Nearby Transport

NameNLCTLCDistance
University (Birmingham)4504UNI2.51 KM
Five Ways4503FWY3.29 KM
Selly Oak1105SLY3.54 KM
Jewellery Quarter1097JEQ3.73 KM
Smethwick Rolfe Street1150SMR4.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
York Road, Edgbaston, Birmingham, B16 9JB £ 1,350,000BUY6 / 100.00 KM
York Road, Edgbaston, Birmingham £ 110,000BUY6 / 100.05 KM
Rotton Park Road, Edgbaston £ 140,000BUY5 / 100.09 KM
York Road, Edgbaston £ 375,000BUY7 / 100.10 KM
Rotton Park Road, Birmingham £ 100,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
36 York Road £ 168,0000.02 KM
26 York Road £ 400,0000.02 KM
67 York Road £ 70,0000.05 KM
27 York Road £ 174,0000.06 KM
35 York Road £ 232,0000.06 KM