Abacus Building, 1 Warwick Street, Birmingham, West Midlands, B12
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Abacus Building, 1 Warwick Street, Birmingham, West Midlands, B12

By Dixons

£ 110,000

Reviews

2 out of 5 stars

Dixons says ..

**STUDIO APARTMENT** **EXCELLENT INVESTMENT OPPORTUNITY POTENTIAL 7% GROSS YIELD** **EWS1 PASS RATING** This well presented ground floor studio apartment in the popular Abacus Building in the Digbeth area of Birmingham City Centre is being offered for sale with no upward chain. Briefly...

Property Oracle says ..

This studio apartment located in the Abacus Building on Warwick Street in Birmingham’s Digbeth area is currently listed for £110,000. The property is described as a well-presented ground floor apartment with an EWS1 pass rating, suggesting it is suitable for mortgage applications. The property benefits from a convenient location, within close proximity to several train stations (Bordesley, Birmingham Moor Street, New Street, Snow Hill and Duddeston) offering easy access to the city centre and wider transport networks. Several well-regarded schools, such as South And City College Birmingham and St Anne’s Catholic Primary School are located within a short distance, adding to the overall appeal for potential buyers, particularly those with families or considering the property as an investment. The property itself features a functional kitchen with oven, hob, and refrigerator and a combined living/sleeping area and a separate bathroom. However, the images suggest that the property would benefit from some modernization and updating, particularly the bathroom which shows signs of age. The lack of a garden or any outdoor space is a notable drawback, particularly when considering many apartments of similar price range which may offer this feature. While the price may be acceptable based on the location and the present market trends, the condition and lack of outdoor space should be considered carefully by potential buyers. Overall, the property presents a viable opportunity for first-time buyers or investors looking for an affordable option in a convenient location in Birmingham, but interested parties should perform a thorough survey before purchase to asses any underlying issues or hidden costs.

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
5
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
400.10

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
257,476.00 £
Increased by 20.60 %
from 213,489.00 £
Est sale value
196,449.10 £
Increased by 49.24 %
from 131,632.90 £
Average area rental value
1,276.00 £/mo
Increased by 2.82 %
from 1,241.00 £/mo
Est letting value
800.20 £/mo
Increased by 100.00 %
from 400.10 £/mo
Est rental Yield
5.95 %
Decreased by 14.76 %
from 6.98 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • Dixons created the listing.

Nearby Schools

NameTypeOfstedDistance
South And City College BirminghamFurther EducationGood0.41 KM
St Anne'S Catholic Primary SchoolVoluntary Aided SchoolGood0.47 KM
Harper Bell Seventh-Day Adventist SchoolVoluntary Aided SchoolGood0.49 KM
Calthorpe AcademyAcademy Special ConverterGood0.65 KM
Camp Hill EducationOther Independent School0.81 KM

Images

Abacus Kitchen Studio Kitchen Area Kitchen Bedroom Area Dining Area Kitchen Area Open Plan Open Plan Studio Studio Bedroom Area Shower Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Warwick Street £ 279,16300.00 KM
High Street Bordesley £ 000.00 KM
Darwin Street £ 260,79900.00 KM
Hanwood Close £ 000.00 KM
Glover Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bordesley4513BBS0.59 KM
Birmingham Moor Street4515BMO1.25 KM
Birmingham New Street1127BHM1.98 KM
Birmingham Snow Hill1006BSW2.12 KM
Duddeston1040DUD2.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Warwick Street, Birmingham £ 125,000BUY5 / 100.00 KM
Abacus Building, 1 Warwick Street, Birmingham, West Midlands, B12 £ 110,000BUY4 / 100.00 KM
Warwick Street, Birmingham, West Midlands, B12 £ 145,000BUY7 / 100.00 KM
Abacus Building , 1 Warwick Street £ 195,000BUY6 / 100.00 KM
Warwick Street, Birmingham, West Midlands, B12 £ 240,000BUY7 / 100.01 KM

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