Connells says ..

Property Oracle says ..

The property is a 1 bedroom apartment located in Quinton, Birmingham. The apartment is 420 sqft and is listed at £100,000. The average price for properties in the area is significantly higher at £450,015, with an average price per sqft of £400. The property benefits from being close to several schools, including Welsh House Farm Community School and Special Needs Resources Base (rated ‘Good’ by Ofsted) and Keystone Children’s Centre, both within a short distance. Several other ‘Good’ rated schools are within approximately 1.24km. Transport links are also relatively convenient, with several train stations within a 5km radius. Based on the images provided, the apartment appears to be in reasonable condition. While not modern, it’s clean and well-maintained. There is evidence of some wear and tear, but nothing that suggests major renovations are immediately necessary. The kitchen and bathroom appear functional and reasonably updated. The property includes a small rear garden, though it appears to be somewhat overgrown and in need of some attention. The size of the garden is not significant. Considering the relatively low list price of £100,000 compared to the area average of £450,015, and given the apartment’s size and condition, the price could be considered reasonable, particularly for a first-time buyer or investor. However, the lack of plot size and the smaller size of the apartment compared to the area average should be noted. The price per sqft is considerably lower than the area average, which supports the argument for a reasonable price. Further investigation into the specific reasons behind the lower price may be beneficial.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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