Scotland Street, Lockside, B1
EM

Scotland Street, Lockside, B1

By Empire Lettings & Property Management Ltd

£ 312,950

Reviews

3 out of 5 stars

Empire Lettings & Property Management Ltd says ..

Lockside Wharf – a stunning restoration of a landmark along Birmingham’s iconic waterways. Each of the 61 apartments at Lockside Wharf represents a refined urban space, maintaining a reclaimed aesthetic while a superior build quality meets the needs of the modern tenant – creating unique, contemp...

Property Oracle says ..

This two-bedroom, two-bathroom apartment located in Birmingham’s Ladywood area, specifically at Lockside Wharf, presents a compelling option for city living. The property boasts modern and stylish interiors, as evidenced by high-quality photographs showing a newly renovated or built apartment. The open-plan living area with modern kitchen and a herringbone wood floor creates a sense of spaciousness. The bedrooms are well-appointed, and the bathroom showcases a contemporary design. The building itself seems to benefit from the regeneration of the area. The location provides easy access to several train stations including Jewellery Quarter and New Street station, and a pleasant canalside setting. However, the lack of any outdoor space will be a significant factor for potential buyers. Furthermore, the proximity to schools with lower Ofsted ratings may need to be considered. The listing price is in line with other properties, but a comparative square-foot analysis would allow a more definitive evaluation of price relative to value. Overall, this is an attractive apartment but buyers should assess their need for outdoor space and tolerance for the educational standards of nearby schools.

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

Price
7
Condition
9
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
753.47

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 £
Est sale value
327,759.45 £
Increased by 59.34 %
from 205,697.31 £
Average area rental value
1,330.00 £/mo
Increased by 2.94 %
from 1,292.00 £/mo
Est letting value
1,506.94 £/mo
Increased by 100.00 %
from 753.47 £/mo
Est rental Yield
6.02 %
Decreased by 16.27 %
from 7.19 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Empire Lettings & Property Management Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
City United Academy (Cua)Other Independent SchoolInadequate0.27 KM
Nelson Junior And Infant SchoolCommunity SchoolGood0.51 KM
Jewellery Quarter AcademyFree SchoolsRequires improvement0.51 KM
University College BirminghamHigher Education InstitutionsGood0.60 KM
City AcademyFree Schools1.14 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Jewellery Quarter1097JEQ0.90 KM
Five Ways4503FWY1.18 KM
Birmingham New Street1127BHM1.30 KM
Birmingham Snow Hill1006BSW1.37 KM
Birmingham Moor Street4515BMO2.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
5 Scotland Street, Birmingham, B1 £ 299,950BUY6 / 100.00 KM
Scotland Street, Lockside, B1 £ 369,950BUY6 / 100.00 KM
Scotland Street, Lockside, B1 £ 312,950BUY6 / 100.00 KM
Canalside Apartments, Scotland Street, Birmingham, B1 £ 299,950BUYUnknown0.01 KM
Lexington Apartments, 2 Scotland Street, Birmingham City Centre £ 335,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
5 Kingston Row £ 155,0000.20 KM
6 Kingston Row £ 142,5000.20 KM
1 Kingston Row £ 300,0000.20 KM
4 Townsend Way £ 179,9500.21 KM
6 Townsend Way £ 185,0000.21 KM