The list price of £730,000 for a development opportunity, considering the need for complete demolition and new construction, is potentially high. While the planned development of 22 apartments could yield a profit, the initial investment cost is significant. The lack of comparative data on land prices in the area for similar development opportunities prevents a more definitive assessment of price versus value, resulting in a moderate score.

The provided photographs show the existing building to be in a state of disrepair. While there are architectural plans for a new development, the current condition of the property is poor, requiring complete demolition and new construction. This necessitates a lower score.

The property is located in Lozells, Birmingham, which benefits from proximity to several highly-rated schools, including Nishkam High School (Outstanding) and The Lambs Christian School (Outstanding). Its proximity to Birmingham city centre via public transport (Jewellery Quarter station is less than 1km away) adds to its appeal. However, Lozells itself has areas with higher than average crime rates compared to other Birmingham districts. This factor slightly detracts from an otherwise good location score.

The plot size is not explicitly stated, but the aerial photos show a reasonably sized piece of land suitable for the proposed 22-apartment development. While not extensive, it’s sufficient for the planned project. A moderate score reflects this.