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1 bed flat for sale

£95,000 Offers over

Ruston Street, Birmingham B16

1 1 1
Interested in this property? Call +44 121 659 5646 * or

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

Property features

  • Double Glazed
  • Attention investors! Projected rental income of £675PCM - 8.5% yield
  • Walking Distance to Brindley Place and Broad St
  • Five Ways & New St Station close by
  • Secure Entry System
  • Gas Central Heating

Property description

Open house Saturday 22nd July 2017 - by appointment only - 11am to 12pm.

We are confident that everything about this apartment will appeal to first time buyers and investors. Situated just around the corner from Five Ways/Broad Street is this wonderful 2nd floor apartment.

Once inside the apartment, the entrance hall gives you an immediate sensation of warmth and comfort making you feel right at home. The lounge is a good size, ensuring that one end of the room is large enough for the biggest of settees and the other end is the perfect space for a dining table to seat your guests. The kitchen area is sleek and modern and has ample cupboard space for all your condiments, pots and pans. With storage cupboards you'll also not be struggling for space to hide the essential items. The bedroom is a good size and has plenty of space to add wardrobes. The shower room is sleek and modern and has a walk in shower for when you need to "get up and go" in the morning. If you are worried about parking, don't be as there is off road parking for residents at the back of the property.

This is the perfect spot for those of you that enjoy peace and quiet yet do not wish to be far away from the action. You would never guess that the hustle and bustle of the City Centre with its array of shops, bars and restaurants including Broadway Plaza with a Cinema complex and gym are within such easy reach. For commuters, Five Ways and New Street Station are close by. The Fiveways junction has been improved with new developments such as the Park Regis Hotel, 1 Hagley Road and Broadway Apartments by Seven Capital and a new Morrisons Supermarket.

We could go on and on, but to fully appreciate this superb home an internal viewing will be required. We anticipate high demand for this property with offers exceeding well over the asking price. We look forward to your call.

What the owner says:

"I moved to Birmingham in 1992 wanting a centrally located urban apartment, Five Ways has improved considerably with developments nearby within walking distance including Brindley Place, Morrisons and the new Library of Birmingham. If you are venturing further afield transport options are brilliant. The apartment is bright and in the last few years had a new kitchen and bathroom fitted. It feels spacious enough for me and it is only retirement that is affording me new housing options. I have been very satisfied with life here over the last quarter of a century and want somebody who will cherish my pad and all it has to offer here in the City Centre."

room sizes:

Entrance Hall
Lounge: 14' 5" x 9' 7" (4.39m x 2.92m)
Kitchen: 9' 7" x 7' 0" (2.92m x 2.13m)
Bedroom: 12' 8" x 10' 5" (3.86m x 3.18m)
Shower room: 7' 1" x 5' 7" (2.16m x 1.7m)
Store

leasehold information:

Service charge - Approx. £1411pa
Ground rent - £10pa
Lease length - Approx. 97 years remaining

Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £208,926 Sales 201 Current average value £198,734 (Zoopla Zed-Index) Value change £7,751 ▲ 4.06%

Property value data/graphs for B16

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £357,257 £214 4.2 £331,911
Semi-detached £259,683 £209 4.2 £258,029
Terraced £150,783 £187 3.2 £177,283
Flats £185,078 £279 1.8 £171,422

Current asking prices in B16

Average: £206,481
Avg. current asking prices in B16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £110,000
(1)
£147,843
(7)
£238,535
(13)
£284,966
(17)
£360,431
(11)
Flats £140,660
(48)
£201,994
(36)
£289,725
(2)
- -
All £140,035
(49)
£193,179
(43)
£245,360
(15)
£284,966
(17)
£360,431
(11)

Current asking rents in B16

Average: £769 pcm
Avg. current asking prices in B16
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £418 pcm
(20)
£474 pcm
(3)
£581 pcm
(5)
£1,030 pcm
(11)
£1,706 pcm
(11)
Flats £574 pcm
(65)
£815 pcm
(56)
£1,295 pcm
(5)
- -
All £538 pcm
(85)
£798 pcm
(59)
£938 pcm
(10)
£1,030 pcm
(11)
£1,706 pcm
(11)

Fun facts for B16

Highest value in B16
Highest value streets Zed-Index
Vernon Road £410,532
Manor Road North £372,960
Selwyn Road £339,737
Clarendon Road £331,918
Roebuck Road £307,155
Highest turnover in B16
Highest turnover streets Turnover
Deer Park Road 41.7%
Ashton Croft 40.0%
Vernon Court 33.3%
Symphony Court 31.0%
Holly Road 30.8%

What Zoopla users think of Edgbaston

Overall rating:

  • currently 4 stars
Very good - 81% (175 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 Edgbaston:

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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

  • Five Ways (0.4 miles)
  • Birmingham New Street (0.9 miles)
  • Jewellery Quarter (1.0 mile)
  • Birmingham International Airport (7.4 miles)
  • Coventry Airport (19.9 miles)
  • East Midlands Airport (35.0 miles)
  • Sharpness Old Docks (57.1 miles)
  • Lydney Harbour (58.5 miles)
  • Bristol Docks Ferry Landing (75.0 miles)

Nearby schools

View all schools in Birmingham
  • St John's and St Peter's CofE Academy (0.2 miles)
  • St George's Church of England Primary School (0.4 miles)
  • The Oratory Roman Catholic Primary School (0.4 miles)
  • Mander Portman Woodward Independent College (0.4 miles)
  • Blackwater Academy (0.8 miles)
  • Sporting Edge Independent School (1.1 miles)
  • St George's School Edgbaston (0.5 miles)
  • Perry Beeches III the Free School (0.6 miles)
  • Perry Beeches IV - The Free School (0.7 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B16

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For more information about this property, please contact
Martin & Co Birmingham City, B1 on +44 121 659 5646 * (local rate)

Monthly running costs Beta

£433 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,500
Repayment term 25
Interest rate 1.5
Your payment £341 /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 £1,000,000 Contents value up to £75,000 Average insurance cost £21/mo (£252/yr)
Compare insurance deals now 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 £20 Electricity £27 Estimated energy cost £47/mo

Similar properties could save up to £165

How Much Could I Save? 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

Water

Supply £9 Sewerage £15 Estimated water cost £24 /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 Martin & Co Birmingham City 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 Martin & Co Birmingham City, and do not constitute property particulars. Please contact Martin & Co Birmingham City 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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