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Studio for sale

£14,950 Offers in region of

Slade Road, Erdington B23

1
Interested in this property? Call +44 121 659 6532 * or

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Property features

  • Small Business Rates Relief
  • CCTV & Security Alarm System
  • A.T.M Cash Dispenser
  • Lottery Machines
  • Payzone
  • Health Lottery
  • Coffee Machine
  • Newspapers & Groceries

Property description

A very attractive newsagent business for sale in a popular shopping street with great potential for further development.

The current owner averages around £3,500 per week in sales + further advertising income potential.

£14,950 + stock.

£450 pcm rent.

Retail unit measures 56' x 15' (max) + shop frontage (about the size of two cars)

Small store room and WC at back

Viewing highly recommended.

Property info

Market activity
Average price paid £132,615 Sales 437 Current average value £143,049 (Zoopla Zed-Index) Value change £3,189 ▲ 2.28%

Property value data/graphs for B23

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £224,495 £177 3.4 £210,312
Semi-detached £160,429 £179 3.0 £152,432
Terraced £135,332 £156 2.9 £129,469
Flats £105,576 £165 1.9 £82,138

Current asking prices in B23

Average: £159,775
Avg. current asking prices in B23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £65,000
(1)
£143,867
(33)
£184,679
(59)
£252,121
(24)
£272,000
(5)
Flats £73,576
(15)
£100,342
(43)
£108,317
(3)
£200,000
(1)
-
All £73,040
(16)
£119,241
(76)
£180,984
(62)
£250,036
(25)
£272,000
(5)

Current asking rents in B23

Average: £516 pcm
Avg. current asking prices in B23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £374 pcm
(42)
£601 pcm
(9)
£708 pcm
(11)
£935 pcm
(3)
£1,733 pcm
(1)
Flats £444 pcm
(28)
£565 pcm
(15)
- - -
All £402 pcm
(70)
£579 pcm
(24)
£708 pcm
(11)
£935 pcm
(3)
£1,733 pcm
(1)

Fun facts for B23

Highest value in B23
Highest value streets Zed-Index
Hawthorn Brook Way £281,633
Broadfields Road £276,351
Potter Close £275,198
Hallot Close £264,305
Roddis Close £259,425
Highest turnover in B23
Highest turnover streets Turnover
Roddis Close 54.5%
Bristol Road 47.7%
Nightingale Close 40.0%
Amber Court 36.4%
The Briars 35.7%

What Zoopla users think of Erdington

Overall rating:

  • currently 3.5 stars
Good - 71% (204 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

Rate Erdington:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

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

  • Gravelly Hill (0.2 miles)
  • Aston (0.9 miles)
  • Erdington (1.2 miles)
  • Birmingham International Airport (6.2 miles)
  • Coventry Airport (18.8 miles)
  • East Midlands Airport (31.1 miles)
  • Sharpness Old Docks (60.8 miles)
  • Lydney Harbour (62.2 miles)
  • Woodside Birkenhead Ferry Terminal (77.5 miles)

Nearby schools

View all schools in Birmingham
  • Slade Primary School (0.1 miles)
  • St Mary and St John Junior and Infant School (0.4 miles)
  • The Pines Special School (0.6 miles)
  • Flexible Learning Centre (0.0 miles)
  • Pathway To Success Independent School (0.5 miles)
  • Wilson Stuart University College Birmingham Partnership Trust (1.3 miles)
  • Spring Hill High School (0.4 miles)
  • Stockland Green School (0.6 miles)
  • City United Academy (CUA) (0.7 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B23

AskMe Q&A for Birmingham

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For more information about this property, please contact
Greengates Properties, B11 on +44 121 659 6532 * (local rate)

Monthly running costs Beta

£235 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,495
Repayment term 25
Interest rate 1.5
Your payment £53 /mo How Much Could I Borrow

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 £350,000 Contents value up to £40,000 Average insurance cost £19/mo (£228/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

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £20 Electricity £27 Estimated energy cost £47/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: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band A Council tax cost £96 /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 £11 Sewerage £9 Estimated water cost £20 /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.

Contact Greengates Properties about this property

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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 Greengates Properties, and do not constitute property particulars. Please contact Greengates Properties 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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