Birmingham
RO

Birmingham

By Rothmore Property

£ 515,000

Reviews

3 out of 5 stars

Rothmore Property says ..

For detailed floor plans, pricing, and the complete development brochure, reach out to us or request more information to discover this remarkable opportunity in Birmingham. Snow Hill Wharf’s completed phases, “The Colmore” and “The Fazeley,” offer a prime opportunity to invest in Birming...

Property Oracle says ..

The property is located in Birmingham, a large city in the West Midlands. The area benefits from good transport links, with Birmingham Snow Hill station just 0.38km away. Several other stations are within a reasonable distance, providing convenient access to the wider city and beyond. The proximity to schools, such as Blackwater Academy (rated ‘Good’ by Ofsted) and Brearley Nursery School (rated ‘Outstanding’), is also a positive aspect for families.

Based on the provided photos, the property appears to be a modern apartment in excellent condition. The finishes are high-quality, and the apartment is well-maintained. There is no evidence of any needed repairs or renovations.

The property does not appear to have a garden or significant plot size. This is a common characteristic of apartments in city center locations.

The list price of £515,000 is significantly higher than the average price for the area (£265,511). However, comparable nearby listings show apartments in similar developments selling for prices ranging from £325,000 to £510,000. The lack of plot size and smaller square footage (320 sqft) compared to the area average (879 sqft) should be considered. The price per sqft in the area averages £302.00. Given the high-quality finish and modern amenities, the price may be justified, but buyers should carefully consider the relatively small size and lack of outdoor space in relation to the cost.

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
6
Condition
10
Location
8
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
320.00

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
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Est sale value
75,200.00 £
Decreased by 37.50 %
from 120,320.00 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est letting value
320.00 £/mo
Unchanged by 0.00 %
from 320.00 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Rothmore Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Blackwater AcademyOther Independent SchoolGood0.26 KM
Brearley Children'S CentreChildren's Centre0.59 KM
Brearley Nursery SchoolLocal Authority Nursery SchoolOutstanding0.70 KM
St George'S Church Of England Academy, NewtownAcademy Sponsor LedGood0.72 KM
St Chad'S Catholic Primary SchoolAcademy Converter0.74 KM

Images

06_apartment_104_v1686758783.jpg 01_apartment_104_v1686758490.jpg 04_apartment_104_v1686758686.jpg 02_apartment_104_v1686758533.jpg 03_apartment_104_v1686758617.jpg 05_apartment_104_v1686758729.jpg 08_apartment_104_v1686758930.jpg 07_apartment_104_v1686758897.jpg 09_apartment_104_2_v1686758966.jpg vb1622203_thecolmore_resized_v1613720189.jpg vb1622204_thecolmore_entrance_resized_v1613720224.

Nearby Streets

NameAverage PriceAverage SqftDistance
Little Shadwell Street £ 000.00 KM
Saint Chads Queensway £ 000.00 KM
Saint Chads Queensway £ 000.00 KM
Saint Mary's Row £ 000.00 KM
Whittall Street £ 322,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Birmingham Snow Hill1006BSW0.38 KM
Birmingham New Street1127BHM1.01 KM
Birmingham Moor Street4515BMO1.03 KM
Jewellery Quarter1097JEQ1.72 KM
Five Ways4503FWY2.40 KM

Nearby Listings

AddressPriceTypeScoreDistance
Snow Hill Wharf, Birmingham £ 389,950BUY7 / 100.00 KM
The Fazeley, Snow Hill Wharf, Shadwell Street, Birmingham, B4 £ 325,000BUY6 / 100.01 KM
64 Shadwell Street, Birmingham, West Midlands, B4 £ 280,000BUYUnknown0.01 KM
63 Shadwell Street, Birmingham £ 350,000BUY6 / 100.01 KM
Shadwell Street, Birmingham, B4 £ 350,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
87 New Summer Street £ 310,0000.29 KM
61 Princip Street £ 74,5000.37 KM
33 Constitution Hill £ 225,0000.53 KM
37 Constitution Hill £ 200,0000.53 KM
47 Water Street £ 130,0000.68 KM