As updated by Edwards & Gray in Sep 2023, Apartment 29, Waterway House 20, Birmingham is a modern 997 year lease apartment with 803 ft2 of internal area comprising 2 bedrooms .
There are 997 years remaining on the lease.
The apartment is in Waterway House, Belgrave Middleway, Birmingham, B5.
Belgrave Middleway, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
Based on both the data supplied by Edwards & Gray and the public information available in the area, we estimate the current sale value for Apartment 29 Waterway House 20 Birmingham as £255,312 and the rental value as £1,080 per month giving an expected gross yield of 5.1%.
Edwards & Gray described the decorative condition as good in Sep 2023.
Over the last 12 months the sale value of Apartment 29 Waterway House 20 Birmingham has increased by £9,755 (3.8%) and its rental value has increased by £32 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 29, Waterway House 20, Birmingham is in very good condition we estimate a sale value of £268,077 and rental value of £1,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,440 and a rental value of £1,005 per month.
If you were able to purchase this property for the estimated value of £255,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,255 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to Edwards & Gray , Apartment 29, Waterway House 20, Birmingham was last sold on 04 Sep 2023 for an undisclosed price and was recorded as a leasehold flat.
The selling agent was Edwards & Gray. The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 29, Waterway House 20, Birmingham within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 17, Darwin House 24, Belgrave Middleway, Birmingham, B5 7FG, a Leasehold flat which sold for £287,500 in Jun 2022.
Read more about house prices in B5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belgrave Middleway, Birmingham, B5 has a total of 165 addresses. According to our analysis of all the public data, Apartment 29, Waterway House 20, Birmingham is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in B5.
Apartment 29, Waterway House 20, Birmingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Apartment 29, Waterway House 20, Birmingham is Five Ways station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 29, Waterway House 20, Birmingham, 58.7% of property is socially rented and 28.6% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 29, Waterway House 20, Birmingham, 24.9% of residents are recorded as possessing school level qualifications and 46.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 29, Waterway House 20, Birmingham, the average age was 30.3 and the most common age was 27.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 29, Waterway House 20, Birmingham, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 29, Waterway House 20, Birmingham, there are an average of 0.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.