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Studio for sale

£102,525

Wallsal Road, Perry Barr B42

1
Interested in this property? Call +44 121 659 5849 * or

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Property features

  • Roof terrace
  • On street/residents parking
  • Onsite convenience store
  • Gym
  • Bbq area
  • 24 hour site security
  • Concierge facility

Property description

Studios from £102,525
Empire are proud to market these Studios high quality 5 Star apartments in Perry Barr, Birmingham.
Empire are pleased to market these wonderful studios in a brand new development to be completed in 2017.
Boasting a stylish, contemporary interior design, these fully-furnished new and spacious apartments include all amenities - fitted kitchenette with utensils, microwave, oven, fridge - with a private en-suite bathroom in a tastefully modern setting. The living room provides a large flat screen TV with satellite channels and DVD player. With only a 10-minute drive from the city centre, the location offers both local tranquillity and close proximity to the hustle and bustle of Britain's second city.
This redevelopment project provides an ideal home for professionals working in the city, and those looking to reside in a safe, secure and salubrious environment.
Features
• Modern fully furnished
• Elegant Reception with lobby
• Concierge facility
• 24 hour site security
• Secure car park
• Easy transport links to the City Centre
• Dual-carriageway location
• Close to Perry Barr Train Station
• Close to One Stop Shopping Centre
• Close to Motorway, M6 junction 7
• Next to large Perry Park
• On site convenience store
• Modern lift
• Business Centre
• Gymnasium
• Kids corner
• Roof-top terrace
• bbq area
• Restaurant
• Bar
For the investors who wish to purchase:
• 8% Net Return
• 10% Discount If Part Furnished
• 5-year guaranteed rental
• First years return paid in advance
• Sought after vibrant, Modern and stylish project
• Birmingham is the 2nd largest city in the UK
• UK being one of the worlds safest and consistent property markets
• Completion Q1 approx 2017
• Studios 5 Star Apartments

Property features

• Roof terrace
• Underground parking
• Central heating
• Double glazing
• Porter/security
• Wood floors

Property description

Avix Apartments is a modern development of fully serviced apartments offer five-star luxury in the Perry Bar area of Birmingham. Boasting a stylish, contemporary interior design, these fully-furnished new and spacious apartments include all amenities - fitted kitchenette with utensils, microwave, oven, fridge - with a private en-suite bathroom in a tastefully modern setting. The living room provides a large flat screen TV with satellite channels and DVD player. With only a 10-minute drive from the city centre, the location offers both local tranquility and close proximity to the hustle and bustle of Britain's second city. This redevelopment project provides an ideal home for professionals working in the city, and those looking to reside in a safe, secure and salubrious environment.
***Modern fully furnished***
***Elegant Reception with lobby***
***Concierge facility***
***24 hours; site security***
***Secure car park***
***Easy transport links to the City Centre***
***Dual-carriageway location***
***Close to Perry Barr Train Station***
***Close to One Stop Shopping Centre***
***Close to Motorway, M6 junction ***
***Next to large Perry Park***
***On site convenience store***
***Modern lift***
***Business Centre***
***Gymnasium***
***Kids corner***
***Roof-top terrace***
***bbq area***
***Restaurant***
***Bar***
***Laundry rooms***
***Communal areas***

Purchase Process:

The developer is registered with Help to Buy Scheme so those people who want to buy using help to buy scheme can reserve the unit by paying £500 only and then 5% at the exchange of contracts and at completion 75% through mortgage and 20% with help to buy scheme.
Cash Buyers - 5% reservation, 20% at the exchange of contracts and 75% at completion.

The development is under construction due to be completed by the end of this year.
Call today to arrange your viewing
Market activity
Average price paid £159,873 Sales 254 Current average value £166,345 (Zoopla Zed-Index) Value change £5,716 ▲ 3.56%

Property value data/graphs for B42

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £262,544 £191 3.4 £242,385
Semi-detached £166,507 £187 3.0 £159,091
Terraced £152,711 £180 2.8 £138,890
Flats £113,613 £187 2.1 £101,666

Current asking prices in B42

Average: £175,324
Avg. current asking prices in B42
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £144,988
(4)
£171,843
(27)
£228,750
(4)
£285,000
(2)
Flats £113,935
(3)
£167,810
(4)
- - -
All £113,935
(3)
£156,399
(8)
£171,843
(27)
£228,750
(4)
£285,000
(2)

Current asking rents in B42

Average: £719 pcm
Avg. current asking prices in B42
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £698 pcm
(2)
£498 pcm
(3)
£739 pcm
(43)
£832 pcm
(2)
£1,398 pcm
(2)
Flats £495 pcm
(5)
£574 pcm
(2)
- - -
All £553 pcm
(7)
£529 pcm
(5)
£739 pcm
(43)
£832 pcm
(2)
£1,398 pcm
(2)

Fun facts for B42

Highest value in B42
Highest value streets Zed-Index
Hobhouse Close £327,442
Poplar Rise £261,700
Law Cliff Road £247,705
Bluebell Crescent £245,911
Walsall Road £237,593
Highest turnover in B42
Highest turnover streets Turnover
Oscott Road 49.2%
The Rise 45.0%
Nevin Grove 44.4%
Malthouse Lane 42.9%
Vicarage Close 36.4%

What Zoopla users think of Perry Barr

Overall rating:

  • currently 4.5 stars
Very good - 85% (23 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Perry Barr:

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

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Perry Barr (0.6 miles)
  • Hamstead (Birmingham) (1.1 miles)
  • Witton (West Midlands) (1.3 miles)
  • Birmingham International Airport (8.2 miles)
  • Coventry Airport (20.9 miles)
  • East Midlands Airport (32.1 miles)
  • Sharpness Old Docks (60.5 miles)
  • Lydney Harbour (61.9 miles)
  • Woodside Birkenhead Ferry Terminal (75.8 miles)

Nearby schools

View all schools in Birmingham
  • Cherry Orchard Primary School (0.8 miles)
  • Dorrington Academy (0.8 miles)
  • Holy Trinity CE Primary Academy (Handsworth) (0.8 miles)
  • CUL Academy Trust (2.1 miles)
  • St Georges Academy (2.4 miles)
  • Birmingham Ormiston Academy (3.0 miles)
  • Eden Boys' School, Birmingham (0.6 miles)
  • Broadway Academy (0.9 miles)
  • Perry Beeches the Academy (1.1 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B42

AskMe Q&A for Birmingham

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For more information about this property, please contact
Empire Lettings & Property Management, B1 on +44 121 659 5849 * (local rate)

Monthly running costs Beta

£544 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,252
Repayment term 25
Interest rate 1.5
Your payment £369 /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 £86,648 Contents value up to £40,000 Average insurance cost £10/mo (£118/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 £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £175

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

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 £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.

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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 Empire Lettings & Property Management, and do not constitute property particulars. Please contact Empire Lettings & Property Management 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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