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2 bed flat for sale

£225,000

2 Masshouse Plaza, Birminghan B5

2 1 1
Interested in this property? Call 0121 659 6543 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Asset Residential are excited to offer this fantastic third floor, two double bedroom property. Located in the sought after Masshouse Plaza development, it is a hit with students, as it is just a stones throw away from Birmingham City University and Aston University. The property has a substantial open plan lounge and modern fitted kitchen, which comes equipped with various appliances, as well as large bedrooms and a spacious bathroom. This property also has parking.

Lounge/Kitchen 4.93m x 7.12m approx.
Bedroom 1 5.04m x 2.88m approx.
Bedroom 2 4.57m x 2.89m approx.
Bathroom 1.75m x 2.01m approx.
Total floor area 74SQM

The service charge for this property is GBP1988.30 per annum and ground rent is GBP267.69 per annum

Currently let to a long term tenant tenancy until June 2017

Please call our friendly sales team on if you would like any more information on the property and its contents.

Property info

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: £249,676
Avg. current asking prices in B5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £150,000
(1)
- £209,962
(4)
£742,475
(2)
-
Flats £151,324
(27)
£202,282
(22)
£252,475
(2)
- -
All £151,277
(28)
£202,282
(22)
£224,133
(6)
£742,475
(2)
-

Current asking rents in B5

Average: £853 pcm
Avg. current asking prices in B5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £554 pcm
(8)
- £966 pcm
(4)
£1,387 pcm
(1)
£1,246 pcm
(2)
Flats £743 pcm
(66)
£940 pcm
(50)
£1,298 pcm
(4)
- £1,894 pcm
(1)
All £723 pcm
(74)
£940 pcm
(50)
£1,132 pcm
(8)
£1,387 pcm
(1)
£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% (369 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 Moor Street (0.2 miles)
  • Birmingham New Street (0.4 miles)
  • Birmingham Snow Hill (0.4 miles)
  • Birmingham International Airport (6.3 miles)
  • Coventry Airport (18.9 miles)
  • East Midlands Airport (33.8 miles)
  • Sharpness Old Docks (58.0 miles)
  • Lydney Harbour (59.4 miles)
  • Bristol Docks Ferry Landing (76.0 miles)

Nearby schools

View all schools in Birmingham
  • St Vincent's Catholic Primary School (0.7 miles)
  • St Matthew's CofE Primary School (0.7 miles)
  • St George's Church of England Academy, Newtown (0.8 miles)
  • Birmingham Metropolitan College (0.1 miles)
  • Birmingham Ormiston Academy (0.1 miles)
  • South and City College Birmingham (0.5 miles)
  • The Wisdom Academy (0.5 miles)
  • Avecinna Academy (0.7 miles)
  • Perry Beeches II The Free School (0.8 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
Asset Residential, B1 on 0121 659 6543 * (local rate)

Monthly running costs Beta

£957 Monthly total
Mortgage
Purchase price
Deposit (10%) 22,500
Repayment term 25
Interest rate 0.5
Your payment £718 /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 £36/mo (£430/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 Asset Residential, and do not constitute property particulars. Please contact Asset Residential 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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