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Property for sale

£29,950 From

Hagley Road, Birmingham B16

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Property features

  • *An innovative investment opportunity*
  • Smart Pod - Executive Workspace
  • 7% Guaranteed for the first 5 years
  • Buy back at year 6 of 110%
  • Fully furnished with the latest, stylish desks, storage units and ergonomically designed chairs
  • Prime city centre location
  • Ample on-site parking

Property description

Detailed Description

Avix business centre

An innovative investment opportunity offering a 7% yearly income return assured for the first 5 years with a buy back at year 6 of 110% and the first two years rental paid in advance!

These smart pods and office suites investments offer a fantastic investment opportunity that offers a great return. Not only is your money safe and secure in this commercial property investment, it also offers double-digit returns. A smart pod is an individual, high spec, executive workspace. The ultimate way to enable people from all walks of life to establish a small developing business, at the lowest possible cost.

At the same time, it is providing big business support services. Smart pod offers a way of investing that is easily affordable, hassle-free and specifically designed to meet the needs of today's business environment.

This is a low risk and highly profitable commercial property investment in the Birmingham cbd. It is a low entry investment for all kinds of investors in a fully built, completed and operational commercial office development.
The investment offers high net returns, rental assurance and secures exit strategy.

The development is close to the local amenities with Birmingham Marriot Hotel in its neighborhood and attracts high numbers of local business owners to hire flexible office facilities for short and long terms. The offices are let and managed by a professional letting and management firm, hence, assuring great customer services and rental returns.

Pressure on existing Grade A office stock is underlined by some 1,000,000 sq ft of lease expiry/break option events through to 2015. While not all of them will relocate, a number of these occupiers will require consideration of new build options. With a shortage of suitable prime core space coming through, the supply-side will undoubtedly begin to react to this supply/demand imbalance. To overcome this shortfall of Grade A offices availability is quite challenging, although government had current ambitions to increase city core by 25% under the Big City Plan.

Property Features

" 7% Guaranteed for the first 5 years

" High quality toilet facilities are available on all floors

" Boardrooms providing the latest audio and visual presentation equipment

" Each pod is supplied with 10 double power sockets and eight double communication sockets

" Ample on-site parking

" Lift access

" Fully fitted kitchen

" Filtered cold drinking water

" Pods are fully carpeted and have vertical blinds

" First aid equipment

" 24hrs access and CCTV

" Stylish managed reception and Break-out areas

" Security

" Kitchen facilities

" Refuse collection

" Buildings maintenance

" Cleaning of common areas and windows

" Landscaping and internal plants

" Hygiene services

" Fire, Health and Safety

" A building of the highest quality in a prime city centre location

" Fully furnished with the latest, stylish desks, storage units and ergonomically designed chairs

" Latest programmable telephones with walkabout handsets and personal DDIs

" High speed wired and wifi internet

" Professional and friendly reception staff

" Fully fitted kitchens with complimentary tea, coffee and chilled water

" Fully equipped meeting rooms, break out areas as well as business lounges

" 24/7 Access with individually programmed smart cards plus CCTV

" Copying, scanning, courier, mail and other concierge services

Availability

* 1 Desk from £29,950

* 2 Desk from £49,950

* 3 Desk from £67,950

* 4 Desk from £89,950

* 10 Chair Meeting Room £119,950

Purchase Process

* Reservation fee in: 10% Non refundable

* Payment on completion: 90%

Property info

Market activity
Average price paid £161,658 Sales 392 Current average value £198,675 (Zoopla Zed-Index) Value change £9,647 ▲ 5.10%

Property value data/graphs for B16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £361,128 £215 4.2 £322,503
Semi-detached £259,883 £210 4.2 £294,306
Terraced £154,022 £187 3.2 £160,692
Flats £184,124 £277 1.8 £144,972

Current asking prices in B16

Average: £209,985
Avg. current asking prices in B16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £120,000
(1)
£181,579
(5)
£222,661
(27)
£301,452
(22)
£349,488
(10)
Flats £123,876
(32)
£187,286
(34)
£208,317
(3)
- -
All £123,759
(33)
£186,555
(39)
£221,227
(30)
£301,452
(22)
£349,488
(10)

Current asking rents in B16

Average: £810 pcm
Avg. current asking prices in B16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £450 pcm
(28)
£731 pcm
(3)
£979 pcm
(7)
£829 pcm
(15)
£1,057 pcm
(11)
Flats £545 pcm
(61)
£1,012 pcm
(33)
£1,362 pcm
(15)
£1,396 pcm
(4)
£2,637 pcm
(2)
All £515 pcm
(89)
£988 pcm
(36)
£1,240 pcm
(22)
£948 pcm
(19)
£1,300 pcm
(13)

Fun facts for B16

Highest value in B16
Highest value streets Zed-Index
Vernon Road £415,996
Manor Road North £371,601
Selwyn Road £338,391
Clarendon Road £333,796
Roebuck Road £307,036
Highest turnover in B16
Highest turnover streets Turnover
Deer Park Road 41.7%
Ascot Close 36.4%
Ashton Croft 32.0%
Holly Road 30.8%
Symphony Court 29.6%

What Zoopla users think of Edgbaston

Overall rating:

  • currently 4 stars
Very good - 82% (160 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

  • Five Ways (0.5 miles)
  • Birmingham New Street (1.2 miles)
  • Jewellery Quarter (1.3 miles)
  • Birmingham International Airport (7.5 miles)
  • Coventry Airport (20.0 miles)
  • East Midlands Airport (35.3 miles)
  • Sharpness Old Docks (56.8 miles)
  • Lydney Harbour (58.2 miles)
  • Bristol Docks Ferry Landing (74.7 miles)

Nearby schools

View all schools in Birmingham
  • St George's Church of England Primary School (0.2 miles)
  • St John's Ladywood Church of England Primary School (0.4 miles)
  • St John's and St Peter's CofE Academy (0.4 miles)
  • Mander Portman Woodward Independent College (0.2 miles)
  • Future First Independent School (1.4 miles)
  • St Georges Academy (1.5 miles)
  • St George's School Edgbaston (0.3 miles)
  • Edgbaston High School for Girls (0.4 miles)
  • Perry Beeches III the Free School (0.7 miles)
Note: Distances are straight line measurements

Local info for Birmingham

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nu:Move International, and do not constitute property particulars. Please contact Nu:Move International 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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