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 %
- Est sale value
- 129,657.00 £Increased by 14.98 %
- Average area rental value
- 956.00 £/moIncreased by 1.92 %
- Est letting value
- 392.90 £/mo
- Est rental Yield
- 4.46 %Increased by 10.95 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Highclare School | Other Independent School | 0.20 KM | |
| Osborne Nursery School | Local Authority Nursery School | Good | 0.25 KM |
| Abbey Catholic Primary School | Academy Converter | 0.28 KM | |
| Osborne Primary School | Academy Sponsor Led | 0.35 KM | |
| St Edmund Campion Catholic School | Academy Converter | 0.63 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Briar Close | £ 250,000 | 0 | 0.00 KM |
| Hepburn Edge | £ 0 | 0 | 0.00 KM |
| Mason Cottages | £ 425,000 | 0 | 0.00 KM |
| Abbey Way | £ 335,000 | 0 | 0.00 KM |
| Spring Lane | £ 254,532 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Erdington | 1041 | ERD | 0.51 KM |
| Chester Road | 1130 | CRD | 1.02 KM |
| Wylde Green | 1138 | WYL | 2.14 KM |
| Gravelly Hill | 1132 | GVH | 2.34 KM |
| Sutton Coldfield | 1044 | SUT | 4.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Nexus Point, 10 Edwards Road,, Birmingham, B24 9EQ | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Nexus Point, Edwards Road, Erdington, B24 | £ 120,000 | BUY | 7 / 10 | 0.00 KM |
| Edwards Road, Birmingham | £ 150,000 | BUY | 6 / 10 | 0.01 KM |
| Edwards Road, Birmingham, B24 | £ 130,000 | BUY | 7 / 10 | 0.01 KM |
| Nexus Point, Edwards Road, Birmingham, B24 | £ 130,000 | BUY | Unknown | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 Edwards Road | £ 240,000 | 0.17 KM |
| 68 Edwards Road | £ 200,000 | 0.17 KM |
| 26 Edwards Road | £ 175,000 | 0.17 KM |
| 14 Edwards Road | £ 167,000 | 0.17 KM |
| 52 Edwards Road | £ 162,500 | 0.17 KM |