Nexus Point, Edwards Road, Erdington, B24
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Nexus Point, Edwards Road, Erdington, B24

By Martin & Co

£ 120,000

Reviews

3 out of 5 stars

Martin & Co says ..

PENTHOUSE APARTMENT with ALLOCATED PARKING! Nexus Point provides an ideal solution for professionals who desire luxury apartment living within a convenient location. Its location, close to rail transportation links makes it very convenient for those looking for a short commute to the city centre.

Property Oracle says ..

The property is a one-bedroom penthouse apartment located in Nexus Point, Erdington, Birmingham. The apartment appears modern and well-maintained based on the provided images. The kitchen and bathroom are contemporary in style, and the living space is bright and airy. The location benefits from proximity to Erdington train station, offering convenient access to public transportation. Several schools are also within a reasonable distance. However, the plot size is listed as 0.00 sqft, indicating a lack of private outdoor space. The list price of £120,000 is significantly lower than the average price for the area (£278,019), and the average price per sqft (£315) suggests that the property may be undervalued, although further investigation into comparable properties would be beneficial. The nearby listings show a range of prices, but many lack sqft data making a direct comparison difficult. The average price per sqft in the area is considerably higher than the implied price per sqft of this property.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
10
Condition
10
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
392.90

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
257,097.00 £
Decreased by 8.25 %
from 280,201.00 £
Est sale value
129,657.00 £
Increased by 14.98 %
from 112,762.30 £
Average area rental value
956.00 £/mo
Increased by 1.92 %
from 938.00 £/mo
Est letting value
392.90 £/mo
from 0.00 £/mo
Est rental Yield
4.46 %
Increased by 10.95 %
from 4.02 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Highclare SchoolOther Independent School0.20 KM
Osborne Nursery SchoolLocal Authority Nursery SchoolGood0.25 KM
Abbey Catholic Primary SchoolAcademy Converter0.28 KM
Osborne Primary SchoolAcademy Sponsor Led0.35 KM
St Edmund Campion Catholic SchoolAcademy Converter0.63 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Briar Close £ 250,00000.00 KM
Hepburn Edge £ 000.00 KM
Mason Cottages £ 425,00000.00 KM
Abbey Way £ 335,00000.00 KM
Spring Lane £ 254,53200.00 KM

Nearby Transport

NameNLCTLCDistance
Erdington1041ERD0.51 KM
Chester Road1130CRD1.02 KM
Wylde Green1138WYL2.14 KM
Gravelly Hill1132GVH2.34 KM
Sutton Coldfield1044SUT4.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Nexus Point, 10 Edwards Road,, Birmingham, B24 9EQ £ 100,000BUY5 / 100.00 KM
Nexus Point, Edwards Road, Erdington, B24 £ 120,000BUY7 / 100.00 KM
Edwards Road, Birmingham £ 150,000BUY6 / 100.01 KM
Edwards Road, Birmingham, B24 £ 130,000BUY7 / 100.01 KM
Nexus Point, Edwards Road, Birmingham, B24 £ 130,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
50 Edwards Road £ 240,0000.17 KM
68 Edwards Road £ 200,0000.17 KM
26 Edwards Road £ 175,0000.17 KM
14 Edwards Road £ 167,0000.17 KM
52 Edwards Road £ 162,5000.17 KM