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 %
- Average area rental value
- 985.00 £/moDecreased by 5.74 %
- Est rental Yield
- 3.18 %Decreased by 11.42 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Davidson Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Norfolk House School | Other Independent School | 0.30 KM | |
| St Paul'S School For Girls | Voluntary Aided School | Outstanding | 0.35 KM |
| Chad Vale Primary School | Community School | Good | 1.03 KM |
| City Road Primary School | Academy Sponsor Led | 1.29 KM | |
| Woodbourne Hospital School | Other Independent School | Good | 1.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Augustine's Road | £ 0 | 0 | 0.00 KM |
| Moorland Road | £ 895,000 | 0 | 0.00 KM |
| Manor Road | £ 147,500 | 0 | 0.00 KM |
| Aston Bury | £ 950,000 | 0 | 0.00 KM |
| Holly Road | £ 268,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| University (Birmingham) | 4504 | UNI | 2.51 KM |
| Five Ways | 4503 | FWY | 3.29 KM |
| Selly Oak | 1105 | SLY | 3.54 KM |
| Jewellery Quarter | 1097 | JEQ | 3.73 KM |
| Smethwick Rolfe Street | 1150 | SMR | 4.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| York Road, Edgbaston, Birmingham, B16 9JB | £ 1,350,000 | BUY | 6 / 10 | 0.00 KM |
| York Road, Edgbaston, Birmingham | £ 110,000 | BUY | 6 / 10 | 0.05 KM |
| Rotton Park Road, Edgbaston | £ 140,000 | BUY | 5 / 10 | 0.09 KM |
| York Road, Edgbaston | £ 375,000 | BUY | 7 / 10 | 0.10 KM |
| Rotton Park Road, Birmingham | £ 100,000 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 York Road | £ 168,000 | 0.02 KM |
| 26 York Road | £ 400,000 | 0.02 KM |
| 67 York Road | £ 70,000 | 0.05 KM |
| 27 York Road | £ 174,000 | 0.06 KM |
| 35 York Road | £ 232,000 | 0.06 KM |