haart says ..
A fifth floor apartment ideally situated close to Broadway Plaza, Five Ways train station and Brindley Place. Currently rented but can be purchased with vacant possession
Property Oracle says ..
This two-bedroom apartment located in Ladywood, Birmingham, offers a potentially appealing option for first-time buyers or investors. Its proximity to Five Ways train station provides excellent transport links to Birmingham city centre and beyond. There are also several schools nearby, catering to different educational preferences. However, potential buyers should note that some of these schools have received mixed Ofsted ratings. The apartment itself is presented in a fair but not exceptional condition. The kitchen and bathroom appear reasonably functional but could benefit from some modernization. Similarly, the bedrooms are acceptable, but improvements in terms of decor or updating could further enhance the property’s appeal. A key aspect to consider is that this is an apartment with little to no associated land. Therefore, this is a significant consideration for anyone wishing for outdoor space and gardening. The price of £125,000 seems competitive within the context of the local area, although a lack of square footage data for comparable properties makes it difficult to definitively assess its precise value relative to the square footage. Given the location, condition, and lack of land, the property will likely suit buyers or investors who prioritise city centre convenience above the features found in more substantial properties.
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
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 813.75
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 %
- Est sale value
- 353,981.25 £Increased by 59.34 %
- Average area rental value
- 1,330.00 £/moIncreased by 2.94 %
- Est letting value
- 1,627.50 £/moIncreased by 100.00 %
- Est rental Yield
- 6.02 %Decreased by 16.27 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St John'S & St Peter'S Cofe Academy | Academy Sponsor Led | Good | 0.42 KM |
| Mander Portman Woodward Independent College | Other Independent School | 0.51 KM | |
| Hopwood Hall School | Other Independent Special School | Inadequate | 0.52 KM |
| St George'S Church Of England Primary School | Academy Sponsor Led | Good | 0.55 KM |
| The Oratory Roman Catholic Primary School | Voluntary Aided School | Requires improvement | 0.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Leyburn Road | £ 147,000 | 0 | 0.00 KM |
| Francis Road | £ 0 | 0 | 0.00 KM |
| Inkwell Place | £ 0 | 0 | 0.00 KM |
| Ledbury Close | £ 0 | 0 | 0.00 KM |
| Glebeland Close | £ 130,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Five Ways | 4503 | FWY | 1.21 KM |
| Jewellery Quarter | 1097 | JEQ | 2.07 KM |
| Birmingham New Street | 1127 | BHM | 2.62 KM |
| Birmingham Snow Hill | 1006 | BSW | 2.90 KM |
| University (Birmingham) | 4504 | UNI | 2.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Francis Road, Birmingham | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| Arden Grove, Ladywood, Birmingham | £ 110,000 | BUY | Unknown | 0.05 KM |
| Francis Road, Five Ways, Edgbaston, Birmingham, B16 8SU | £ 118,000 | BUY | Unknown | 0.06 KM |
| Francis Road, Edgbaston, Birmingham, B16 | £ 115,000 | BUY | Unknown | 0.10 KM |
| Francis Road, Edgbaston, Birmingham | £ 95,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Arden Grove | £ 60,000 | 0.08 KM |
| 39 Arden Grove | £ 88,500 | 0.08 KM |
| 51 Arden Grove | £ 58,000 | 0.08 KM |
| 11 Arden Grove | £ 106,000 | 0.08 KM |
| 27 Arden Grove | £ 39,000 | 0.08 KM |