Savoy Close, Birmingham
AU

Savoy Close, Birmingham

By Auction House Birmingham & Black Country, Aldridge.

£ 70,000

Reviews

2 out of 5 stars

Auction House Birmingham & Black Country, Aldridge. says ..

Nestled in Harborne, one of Birmingham's popular but quieter spots, is 58 Savoy Close. This 1 Bedroom, ground floor apartment provides spacious and convenient living for those that seek it. The property in question is but a stone's throw from Queen's Park and Harborne Golf Club,...

Property Oracle says ..

This one-bedroom apartment in Harborne, Birmingham, presents a mixed opportunity. The location in Harborne is a significant positive, as it is a desirable area known for its quality of life and transport links. However, the property is in need of considerable renovation. The provided images show significant cosmetic damage including wall discoloration and peeling paint, and generally dated finishes throughout the apartment, including the kitchen and bathroom. This will necessitate a significant investment beyond the initial purchase price. The absence of a private garden is also a notable aspect, limiting outdoor space. While the price of £70,000 might seem attractive at first glance, potential buyers should carefully consider the cost of renovating the property and compare it to other similar properties in the area, ensuring a clear understanding of the project’s overall financial implications before committing. Buyers should factor in potential renovation costs alongside the purchase price to get a true picture of the property’s total cost. Further investigation into the building’s specifics (e.g., service charges, lease length, and any planned building maintenance) should also be carried out.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
739.48

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
430,989.00 £
Increased by 6.80 %
from 403,536.00 £
Est sale value
364,563.64 £
Increased by 74.20 %
from 209,272.84 £
Average area rental value
1,439.00 £/mo
Increased by 15.21 %
from 1,249.00 £/mo
Est letting value
739.48 £/mo
from 0.00 £/mo
Est rental Yield
4.01 %
Increased by 8.09 %
from 3.71 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Auction House Birmingham & Black Country, Aldridge. marked this listing as sold.

  • Auction House Birmingham & Black Country, Aldridge. created the listing.

Nearby Schools

NameTypeOfstedDistance
Keystone Children'S CentreChildren's Centre0.38 KM
Welsh House Farm Community School And Special Needs Resources BaseCommunity SchoolGood0.43 KM
Baskerville SchoolFoundation Special SchoolGood0.68 KM
Queen Alexandra CollegeSpecial Post 16 InstitutionGood0.84 KM
Our Lady Of Fatima Catholic Primary SchoolAcademy Converter1.26 KM

Images

Photo 4 Photo 12 Photo 2 Photo 3 Photo 7 Photo 9 Photo 13 Photo 6 Photo 11 Photo 1 Photo 8 Photo 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Battenhall Road £ 499,95000.00 KM
Corfe Close £ 187,50000.00 KM
Brook Lane £ 000.00 KM
Beech Road £ 165,00000.00 KM
Barnwood Road £ 150,00000.00 KM

Nearby Transport

NameNLCTLCDistance
University (Birmingham)4504UNI3.93 KM
Selly Oak1105SLY4.29 KM
Smethwick Rolfe Street1150SMR4.48 KM
Smethwick Galton Bridge1114SGB5.17 KM
Northfield1111NFD5.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Savoy Close, Birmingham £ 70,000BUY4 / 100.00 KM
Savoy Close, Harborne, Birmingham £ 159,950BUY6 / 100.01 KM
Savoy Close, Harborne, Birmingham £ 155,000BUY6 / 100.01 KM
Savoy Close, Harborne, Birmingham £ 95,000BUY6 / 100.04 KM
Trident Court, Savoy Close, Birmingham £ 100,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
78 Savoy Close £ 43,0000.01 KM
39 Savoy Close £ 90,0000.01 KM
35 Savoy Close £ 104,0000.01 KM
62 Savoy Close £ 125,0000.01 KM
37 Savoy Close £ 90,0000.01 KM