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 %
- Est sale value
- 196,449.10 £Increased by 49.24 %
- Average area rental value
- 1,276.00 £/moIncreased by 2.82 %
- Est letting value
- 800.20 £/moIncreased by 100.00 %
- Est rental Yield
- 5.95 %Decreased by 14.76 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Dixons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| South And City College Birmingham | Further Education | Good | 0.41 KM |
| St Anne'S Catholic Primary School | Voluntary Aided School | Good | 0.47 KM |
| Harper Bell Seventh-Day Adventist School | Voluntary Aided School | Good | 0.49 KM |
| Calthorpe Academy | Academy Special Converter | Good | 0.65 KM |
| Camp Hill Education | Other Independent School | 0.81 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Warwick Street | £ 279,163 | 0 | 0.00 KM |
| High Street Bordesley | £ 0 | 0 | 0.00 KM |
| Darwin Street | £ 260,799 | 0 | 0.00 KM |
| Hanwood Close | £ 0 | 0 | 0.00 KM |
| Glover Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bordesley | 4513 | BBS | 0.59 KM |
| Birmingham Moor Street | 4515 | BMO | 1.25 KM |
| Birmingham New Street | 1127 | BHM | 1.98 KM |
| Birmingham Snow Hill | 1006 | BSW | 2.12 KM |
| Duddeston | 1040 | DUD | 2.12 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Warwick Street, Birmingham | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| Abacus Building, 1 Warwick Street, Birmingham, West Midlands, B12 | £ 110,000 | BUY | 4 / 10 | 0.00 KM |
| Warwick Street, Birmingham, West Midlands, B12 | £ 145,000 | BUY | 7 / 10 | 0.00 KM |
| Abacus Building , 1 Warwick Street | £ 195,000 | BUY | 6 / 10 | 0.00 KM |
| Warwick Street, Birmingham, West Midlands, B12 | £ 240,000 | BUY | 7 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 112 Bradford Street | £ 310,500 | 0.13 KM |
| 6 Salop Street | £ 104,000 | 0.55 KM |
| 17 Salop Street | £ 105,000 | 0.55 KM |
| 26 Salop Street | £ 131,000 | 0.55 KM |
| 24 Salop Street | £ 120,000 | 0.55 KM |