Alben Works, Legge Lane, Birmingham, B1
KN

Alben Works, Legge Lane, Birmingham, B1

By Knight Frank - New Homes

£ 750,000

Reviews

3 out of 5 stars

Knight Frank - New Homes says ..

STUNNING FREEHOLD LOFT STYLE TOWNHOUSE. Alben Works by Liv Projekt, a simply stunning development of individually designed brand new loft style homes in an exclusive gated development in the heart of the Jewellery Quarter Designed by the RIBA award winning Sjolander da Cruz Architects who...

Property Oracle says ..

The property is a 3 bedroom, 3 bathroom terraced house located in the Jewellery Quarter of Birmingham. It is a modern property with an open-plan living area and a private balcony. The property is well-presented and appears to be in excellent condition. The location is excellent, with easy access to local amenities and transport links. The Jewellery Quarter is a popular area of Birmingham, known for its independent shops, restaurants, and bars. The proximity to several train stations provides convenient access to other parts of the city and beyond. Several schools are within a reasonable distance, however, the Ofsted ratings of those schools vary. The property has a relatively small plot size of 1,659.80 sqft, but this is not unusual for a terraced house in this area. Given the property’s modern condition, excellent location, and relatively small plot size, the list price of £750,000 appears high when compared to the average price per sqft in the area. The average price per sqft in the area is £278, and this property is listed at a significantly higher price. However, the high price may reflect the modern condition and desirable location of the property. More comparable properties in the area would be needed to determine a more precise valuation.

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
5
Condition
10
Location
10
Land
4
Bedrooms
3
Bathrooms
3
Sqft (est)
1,078.54
Lot (est)
1,659.80

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
223,188.00 £
Decreased by 13.36 %
from 257,594.00 £
Est sale value
338,661.56 £
Decreased by 2.48 %
from 347,289.88 £
Average area rental value
1,283.00 £/mo
Increased by 2.15 %
from 1,256.00 £/mo
Est letting value
1,078.54 £/mo
Unchanged by 0.00 %
from 1,078.54 £/mo
Est rental Yield
6.90 %
Increased by 17.95 %
from 5.85 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Knight Frank - New Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Jewellery Quarter AcademyFree SchoolsRequires improvement0.24 KM
City United Academy (Cua)Other Independent SchoolInadequate0.38 KM
Nelson Junior And Infant SchoolCommunity SchoolGood0.50 KM
University College BirminghamHigher Education InstitutionsGood0.82 KM
Brookfields Primary SchoolAcademy Sponsor Led0.83 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Camden Drive £ 270,61300.00 KM
Summer Hill Terrace £ 000.00 KM
Holland Street £ 000.00 KM
Louisa Street £ 000.00 KM
Golden Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Jewellery Quarter1097JEQ0.56 KM
Five Ways4503FWY1.48 KM
Birmingham Snow Hill1006BSW1.53 KM
Birmingham New Street1127BHM1.59 KM
Birmingham Moor Street4515BMO2.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Alben Works, Legge Lane, Birmingham, B1 £ 750,000BUY7 / 100.00 KM
Scholars Quarter, Legge Lane, Jewellery Quarter, B1 £ 320,000BUY5 / 100.01 KM
Legge Lane, Birmingham, B1 £ 252,200BUY6 / 100.01 KM
Scholars Quarter, Legge Lane, Jewellery Quarter, B1 £ 240,000BUY6 / 100.01 KM
Scholars Quarter, Legge Lane, Jewellery Quarter, B1 £ 325,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
15 Legge Lane £ 37,0000.03 KM
60b Albion Street £ 222,5000.05 KM
60a Albion Street £ 245,0000.05 KM
34a Tenby Street £ 320,0000.15 KM
27 Tenby Street £ 125,0000.15 KM