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2 bed flat for sale

£224,500 Offers in region of

i-Land, 41 Essex Street, Birmingham B5

2
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Property features

  • Delightful 2 Bed Apartment
  • Open plan living/dining area
  • Kitchen with appliances
  • Main Bathroom
  • En-suite to Bedroom two
  • Balcony
  • Allocated parking
  • EPC Rating E

Property description

Delightful 7th Floor Apartment, offering two double bedrooms, master bedroom with an en-suite, main bathroom, laundry room, open plan living area with fitted kitchen, balcony overlooking city views and an allocated parking space. No Upward Chain

Approach
Entrance to this apartment is access either via the main entrance on Essex Street, or alternatively on Bromsgrove Street. A communal hall provides access to the lift and stairs give rise to the 7th floor. The apartment is situated a short distance to the left along the corridor and is via a wooden fire door with peephole.

Reception Hall
With intercom door release system, wall mounted electric heating, two ceiling light points, laminated wood effect floor and doors to the following:

Utility Room
Having stainless steel single drainer sink unit with cupboard below and work surface over, Indesit washing machine, space for tumble dryer, hatch to ceiling, ceiling light point, hot water tank with shelf over, water meter, fuse board and laminated wood effect floor.

Open Plan Living/Dining Area 8.20m x 5.24m (26'11" x 17'2")
With two wall mounted electric heaters, double glazed door to balcony over looking the court yard, two double glazed windows, power points, tv aerial point, two ceiling light points and laminated wood effect flooring, open access to Kitchen area:

Kitchen
Having single bowl stainless steel sink unit with mixer tap, integrated Electrolux fridge, integrated Electrolux freezer, integrated Zanussi oven, Electrolux four ring hob with extractor hood over, a range of wall and base units with grey work surface over, spot lights to ceiling, power points and laminated wood effect flooring.

Master Bedroom 4.84m x 2.61m (15'11" x 8'7")
Having double glazed window, ceiling light point, wall mounted electric heater, power points, door to walk in wardrobe with ceiling light point, being carpeted and door to en-suite.

En-suite
Being directly off the master bedroom and comprising: Shower cubicle, low level w.C. With enclosed cistern, wall mounted wash hand basin with mixer tap and cosmetic mirror over, shaver point, spot lights to ceiling, part tiled walls, towel rail and tiling to floor.

Bedroom Two 3.55m x 2.61m (11'8" x 8'7")
Having double glazed window, wall mounted electric heater, ceiling light point, power points and carpet to floor.

Bathroom
Having white suite comprising panelled bath with shower over and mixer tap, cured shower screen, low level w.C. With enclosed cistern, wall mounted wash hand basin with mixer tap, cosmetic shelf with mirror over, shaving point, spot lights to ceiling, part tiled walls, towel rail, extractor fan and tiled floor.

Allocated parking
This apartment benefits from an allocated parking space.

Additional Information
We are advised that the apartment is Leasehold with 135 year lease from 5th December 2005 (less 10 days). Potential rental yield on £218,500 with a rental income of £1100.00 is 6.04% (£13,200) no upward chain

Fixtures and Fittings
All items included in these sales particulars are included in the sale. All other items not mentioned are excluded from the sale but may be available by separate negotiation.


Property info

Floorplan(s): Floorplan

Floorplan View original

Market activity
Average price paid £163,749 Sales 107 Current average value £180,121 (Zoopla Zed-Index) Value change £7,764 ▲ 4.50%

Property value data/graphs for B5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £462,869 £240 4.3 £212,000
Semi-detached £257,847 £210 3.6 £160,200
Terraced £194,439 £216 3.1 £193,062
Flats £158,242 £252 1.7 £159,964

Current asking prices in B5

Average: £253,173
Avg. current asking prices in B5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £155,000
(1)
- £209,962
(4)
£742,475
(2)
-
Flats £151,719
(26)
£205,010
(21)
£252,475
(2)
- -
All £151,841
(27)
£205,010
(21)
£224,133
(6)
£742,475
(2)
-

Current asking rents in B5

Average: £849 pcm
Avg. current asking prices in B5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £554 pcm
(8)
- £985 pcm
(3)
- £1,246 pcm
(2)
Flats £747 pcm
(72)
£958 pcm
(51)
£1,148 pcm
(4)
- £1,894 pcm
(1)
All £727 pcm
(80)
£958 pcm
(51)
£1,078 pcm
(7)
- £1,462 pcm
(3)

Fun facts for B5

Highest value in B5
Highest value streets Zed-Index
Pavenham Drive £403,342
Bristol Road £382,338
Aboyne Close £261,162
Regent Close £257,285
Constance Road £210,745
Highest turnover in B5
Highest turnover streets Turnover
Masshouse Plaza 28.7%
Essex Street 25.6%
The Boulevard 25.0%
Regent Close 22.2%
Kemble Croft 21.4%

What Zoopla users think of Birmingham

Overall rating:

  • currently 4 stars
Very good - 76% (368 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Birmingham New Street (0.4 miles)
  • Birmingham Moor Street (0.5 miles)
  • Five Ways (0.6 miles)
  • Birmingham International Airport (6.5 miles)
  • Coventry Airport (19.0 miles)
  • East Midlands Airport (34.5 miles)
  • Sharpness Old Docks (57.4 miles)
  • Lydney Harbour (58.7 miles)
  • Bristol Docks Ferry Landing (75.3 miles)

Nearby schools

View all schools in Birmingham
  • St Catherine of Siena Catholic Primary School (0.1 miles)
  • St Thomas CofE Academy (0.3 miles)
  • Chandos Primary School (0.5 miles)
  • South and City College Birmingham (0.6 miles)
  • Birmingham Metropolitan College (0.8 miles)
  • Birmingham Ormiston Academy (0.8 miles)
  • Perry Beeches III the Free School (0.3 miles)
  • James Brindley School (0.4 miles)
  • Ark St Alban's Academy (0.6 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B5

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For more information about this property, please contact
Northwood - Birmingham, B5 on 0121 659 9992 * (local rate)

Monthly running costs Beta

£938 Monthly total
Mortgage
Purchase price
Deposit (10%) 22,450
Repayment term 25
Interest rate 0.5
Your payment £716 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £19/mo (£229/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £24 Electricity £33 Estimated energy cost £57/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7900 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band C Council tax cost £117 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £13 Estimated water cost £29 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Northwood - Birmingham, and do not constitute property particulars. Please contact Northwood - Birmingham for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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