Connells says ..
NO UPWARD CHAIN - GREAT INVESTMENT / FIRST TIME PURCHASE - A one bedroom studio situated in the heart of Birmingham City Centre, close to Broad Street. Property is well maintained and properties can be rented at a 8-10% yield here. Viewing is advised!
Property Oracle says ..
This studio apartment located on Ryland Street in Birmingham’s Ladywood area presents a mixed bag of characteristics. Its key strength lies in its central location, offering easy access to Birmingham’s vibrant city center, including Broad Street, Brindley Place and excellent transport links with multiple train stations nearby. The proximity to well-regarded schools adds to its appeal as a rental property, particularly for students or young professionals. However, the property’s size and lack of outdoor space will limit its appeal, potentially impacting the price per sqft when compared to other properties with more rooms and a garden. Based on the photos provided the apartment appears clean and well-maintained, indicating that it is in at least average condition, although modernizing or upgrading the look could increase its appeal. Whilst the absence of detailed sqft information for nearby properties complicates a precise comparison, the property’s list price seems within the realm of the market, particularly considering its location and rental potential. Investors targeting short-term or student rentals may find the property especially appealing, while buyers looking for a larger family home or a property with external space will need to look elsewhere.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 380.00
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
- 165,300.00 £Increased by 59.34 %
- Average area rental value
- 1,330.00 £/moIncreased by 2.94 %
- Est letting value
- 760.00 £/moIncreased by 100.00 %
- Est rental Yield
- 6.02 %Decreased by 16.27 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St John'S & St Peter'S Cofe Academy | Academy Sponsor Led | Good | 0.30 KM |
| Nelson Junior And Infant School | Community School | Good | 0.70 KM |
| Mander Portman Woodward Independent College | Other Independent School | 0.76 KM | |
| City United Academy (Cua) | Other Independent School | Inadequate | 0.87 KM |
| Hopwood Hall School | Other Independent Special School | Inadequate | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Graston Close | £ 225,000 | 0 | 0.00 KM |
| Glebeland Close | £ 130,000 | 0 | 0.00 KM |
| Liberty Place Footbridge | £ 0 | 0 | 0.00 KM |
| Ladywood Junction Turnover Bridgew | £ 0 | 0 | 0.00 KM |
| King Edward's Wharf Footbridge | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Five Ways | 4503 | FWY | 0.97 KM |
| Jewellery Quarter | 1097 | JEQ | 1.64 KM |
| Birmingham New Street | 1127 | BHM | 2.20 KM |
| Birmingham Snow Hill | 1006 | BSW | 2.44 KM |
| Birmingham Moor Street | 4515 | BMO | 3.06 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ryland Street, Birmingham | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Ryland Street, BIRMINGHAM | £ 95,000 | BUY | 5 / 10 | 0.00 KM |
| Pioneer, 42 Ryland Street | £ 95,000 | BUY | 5 / 10 | 0.01 KM |
| Pioneer, 42 Ryland Street, Birmingham City Centre, B16 8BZ | £ 90,000 | BUY | 5 / 10 | 0.01 KM |
| 40 Ryland Street, Birmingham, West Midlands, B16 | £ 155,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Ruston Street | £ 47,000 | 0.11 KM |
| 29 Ruston Street | £ 112,000 | 0.11 KM |
| 69 Ruston Street | £ 90,000 | 0.11 KM |
| 33 Ruston Street | £ 52,500 | 0.11 KM |
| 106 Ruston Street | £ 221,500 | 0.11 KM |