Orchard Avenue, Birmingham, B16
MC

Orchard Avenue, Birmingham, B16

By McGowan Housing

£ 105,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 1 Bedroom Flat | Modern Interior | Spacious Rooms | Prime Rental Location Within Birmingham.

Property Oracle says ..

This one-bedroom apartment located on Hagley Road in Birmingham’s Ladywood area presents a compelling proposition for first-time buyers or investors. The apartment is situated in a convenient location, close to Five Ways train station, offering easy access to Birmingham City Centre and other parts of the region. There are also a number of schools within proximity to the apartment, making it appealing to those with children.

The provided photographs reveal a modern, well-maintained apartment with a contemporary style, including a clean and spacious living area, a fully equipped kitchen and a modern bathroom. The condition of the property appears to be excellent, with no noticeable signs of significant wear and tear. However, without exact square footage details, it’s difficult to assess the value accurately.

The lack of external space in the form of a garden is a key drawback, but this is a common feature of apartment living. In terms of pricing, the listing price of £105,000 sits at the lower end of comparable properties in the immediate vicinity, which range from £90,000 to over £165,000, suggesting a potentially good value proposition. It is important to note that the prices of nearby properties vary greatly, reflecting the diverse housing market of the area. Without complete details on the apartment’s square footage and a more detailed understanding of the building’s overall condition, a conclusive assessment of the price per square foot and overall value is not possible.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1

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
265,066.00 £
Increased by 22.85 %
from 215,770.00 £
Average area rental value
1,330.00 £/mo
Increased by 2.94 %
from 1,292.00 £/mo
Est rental Yield
6.02 %
Decreased by 16.27 %
from 7.19 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Mander Portman Woodward Independent CollegeOther Independent School0.45 KM
St John'S & St Peter'S Cofe AcademyAcademy Sponsor LedGood0.58 KM
St George'S School EdgbastonOther Independent School0.59 KM
Hopwood Hall SchoolOther Independent Special SchoolInadequate0.65 KM
Hallfield SchoolOther Independent School0.96 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Glebeland Close £ 130,00000.00 KM
Auchinleck Square £ 000.00 KM
Saint Martin's Street £ 000.00 KM
Francis Road £ 000.00 KM
Graston Close £ 225,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Five Ways4503FWY0.77 KM
Jewellery Quarter1097JEQ1.94 KM
Birmingham New Street1127BHM2.20 KM
Birmingham Snow Hill1006BSW2.53 KM
Birmingham Moor Street4515BMO3.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hagley Road, BIRMINGHAM £ 100,000BUY5 / 100.00 KM
Hagley Road, Birmingham, B16 £ 155,000BUY7 / 100.00 KM
Orchard Avenue, Birmingham, B16 £ 105,000BUY5 / 100.00 KM
Hagley Road, Birmingham, B16 £ 155,000BUY6 / 100.00 KM
Hagley Road, Birmingham, B16 £ 155,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
14 Rawlins Street £ 115,0000.20 KM
5 Rawlins Street £ 165,0000.20 KM
17 Glebeland Close £ 147,5000.24 KM
29 Ruston Street £ 112,0000.24 KM
23 Ruston Street £ 47,0000.24 KM