2 Bed Flat, Planning Permission, Birmingham, B18 6JP, £215,000

Carpathian Court , Chamberlain Court, Jewellery Quarter, B18 6JP - 2 views - 4 months ago

Sold STC
Leasehold
Planning
ROI: 2%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£48K - £500K
Sold Prices/m²£1.3K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£128,998

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£11,950

Total Cash In

£65,700

 

 

Cash Out

 

Rent Range

£950 - £3,100

Rent Estimate

£1,025

Running Costs/mo

£897

Cashflow/mo

£128

Cashflow/yr

£1,538

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £48K to £500K, average is £125K. £1.3K/m² to £4.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£208K05/210 miApartment 34, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£180K04/220 miApartment 22, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£202.5K01/230.03 miApartment 8, Carpathian Court, Chamberlain Court, Hockley, Birmingham, West Midlands B18 6JP2
£244K03/210.23 mi31d, Northwood Street, Birmingham, West Midlands B3 1TX2
£290K10/220.24 miPenthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ2
£80K07/220.47 miFlat 42, Martineau Tower, Uxbridge Street, Birmingham, West Midlands B19 3UJ2
£82K05/210.55 mi4, Hunters Vale, Birmingham, West Midlands B19 2XH2
£90K06/210.56 miFlat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ2
£82K05/210.58 mi4, Hunters Vale, Birmingham, West Midlands B19 2XH2
£100K07/210.58 miFlat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN2
£182K12/220.61 mi14, Civic Close, Birmingham, West Midlands B1 2NT2
£125K12/210.73 mi156, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£103K11/200.73 mi130, Kilby Avenue, Birmingham, West Midlands B16 8EW2
£180K08/210.83 mi9, Bellcroft, Birmingham, West Midlands B16 8EJ2
£153.5K06/210.86 mi17, Ashton Croft, Birmingham, West Midlands B16 8EX2
£235K07/210.89 miApartment 34, Friday Bridge, Berkley Street, Birmingham, West Midlands B1 2LB2
£290K09/210.91 mi123 Royal Arch Apartments, The Mailbox, Wharfside Street, Birmingham, West Midlands B1 1RG2
£105K08/221.18 mi39, Bellefield Road, Birmingham, West Midlands B18 4EL2
£150K02/231.19 miApartment 290, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£181K02/211.19 miApartment 257, Southside, St Johns Walk, Birmingham, West Midlands B5 4TL2
£160K11/221.19 miApartment 444, Southside, St Johns Walk, Birmingham, West Midlands B5 4TP2
£500K02/211.39 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£500K02/211.39 mi28, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LF2
£172K12/201.39 miFlat 17, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£176K10/221.39 miFlat 15, Edencroft, Wheeleys Road, Edgbaston, Birmingham, West Midlands B15 2LW2
£60K12/211.56 mi98a, Rupert Street, Nechells, Birmingham, West Midlands B7 5DS2
£60K02/221.56 mi98, Rupert Street, Nechells, Birmingham, West Midlands B7 5DS2
£144.5K09/211.57 mi35, Pakenham Road, Birmingham, West Midlands B15 2NE2
£68K03/221.59 mi80, Townley Gardens, Birmingham, West Midlands B6 6LR2
£120K06/231.76 miFlat 19, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£100K05/211.76 miFlat 15, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£125K12/211.76 miFlat 29, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£131K03/231.76 miFlat 31, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£110K05/221.76 miFlat 21, Barwell Court, Barwell Road, Birmingham, West Midlands B9 4LB2
£144K03/211.77 mi42, Keer Court, Bordesley, Birmingham, West Midlands B9 4PQ2
£155K04/231.77 mi27, Keer Court, Bordesley, Birmingham, West Midlands B9 4PQ2
£130K09/221.77 mi38, Keer Court, Bordesley, Birmingham, West Midlands B9 4PQ2
£55K02/211.77 miFlat 4, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£70.5K11/201.77 miFlat 20, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£56K11/201.77 miFlat 7, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£48K09/211.77 miFlat 34, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£98K11/211.77 miFlat 33, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£98K11/211.77 miFlat 33, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£85K07/221.77 miFlat 4, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£125K02/231.77 miFlat 29, Endwood Court, Handsworth Wood Road, Handsworth, Birmingham, West Midlands B20 2RZ2
£103K02/221.77 mi200, Cape Hill, Smethwick, West Midlands B66 4SJ2
£104K08/221.77 mi212, Cape Hill, Smethwick, West Midlands B66 4SJ2
£101K05/211.78 mi210, Cape Hill, Smethwick, West Midlands B66 4SJ2
£140K07/211.78 mi20, Brewers Square, Birmingham, West Midlands B16 0PN2
£255.5K02/211.78 miFlat 5, Westfield Hall, Hagley Road, Birmingham, West Midlands B16 9LG2

Local Rents

50 rents from £950/mo to £3.1K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25012/240 miCarpathian Court, Chamberlain Court, Jewellery Quarter2
£1,05012/240 miCarpathian Court, Augustus Street, Jewellery Quarter2
£1,10004/250.01 mi-2
£2,99903/250.03 mi-2
£1,55004/250.03 mi-2
£2,80002/250.03 mi-2
£1,05012/240.05 mi-2
£1,10012/240.07 mi68 Branston Street, Birmingham2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10005/240.08 mi-2
£1,10005/240.08 mi-2
£1,10003/240.08 mi-2
£1,10005/240.08 mi-2
£1,10005/240.08 mi-2
£1,10005/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10003/240.08 mi-2
£1,10012/240.08 mi-2
£1,00012/240.09 miBranston Street, Birmingham, B182
£1,20012/240.1 miWarstone Lane, Jewellery Quarter, Birmingham, B18 6EA2
£1,20012/240.11 miNew Hampton Lofts, Jewellery Quarter2
£1,10012/240.12 miQuartz Apartments, Jewellery Quarter2
£1,00012/240.13 miHall Street, Jewellery Quarter, Birmingham, B182
£1,25012/240.13 miThe Quartz, 10 Hall Street, Jewellery Quarter, Birmingham, B182
£1,05012/240.13 mi74 Quartz Apartments, 10 Hall Street2
£1,00012/240.13 miThe Quartz2
£1,10012/240.13 miQuartz2
£95012/240.13 miQuartz Apartments, 10 Hall Street, Birmingham, B182
£1,30012/240.13 miHall Street, Birmingham, B182
£1,75012/240.13 mi-2
£1,70012/240.13 miHeritage Court, Birmingham, B182
£1,70012/240.13 miNew Hampton Lofts, 90 Great Hampton Street, Jewellery Quarter2
£1,70012/240.13 miNew Hampton Lofts, Great Hampton Street, Jewellery Quarter, Birmingham, B182
£1,05012/240.13 miThe Quartz, 10 Hall Street, Birmingham, B182
£1,30012/240.13 miQuartz Building, 10 Hall Street, Birmingham, B182
£1,25012/240.13 miQuartz Building, 10 Hall Street, BIRMINGHAM, B182
£3,05004/250.13 mi-2
£2,80002/250.13 mi-2
£3,10004/250.13 mi-2
£1,15012/240.13 miQuartz, 10 Hall Street, B18 6BB2
£1,20012/240.13 miQuartz, 10 Hall Street, B18 6BY2
£1,20012/240.13 miQuartz, 10 Hall Street, B18 6BN2
£2,00003/250.14 mi-2

Local Area Statistics

Population in B18

16,337

Population in Birmingham

1,034,821

Town centre distance

2.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+79%

Sales demand

Buyer's market

Capital growth (5yrs)

+8%

Property History

Price changed to £215,000

February 24, 2025

Listed for £220,000

December 18, 2024

Floor Plans

Description

  • Top floor apartment +
  • Two bedroom apartment +
  • Spacious lounge +
  • Separate kitchen +
  • Ample storage +
  • Modern bathroom +
  • Spacious bedroom +
  • Secure entry system +
  • Short walk to St Pauls Square +
  • Stones throw away from Snow Hill Train Station +

DESCRIPTION A well presented two bedroom apartment, located in the heart of the Jewellery Quarter. The property benefits from occupying the entire third floor, with a private stairwell and having open plan lounge/diner, separate fitted kitchen with a range of integrated appliances, and a modernised family bathroom. Furthermore, there is private loft space for additional storage and secure allocated parking set behind gated access. It is ideal for investors and first time buyers, this property also comes with no upward chain. 

LOCATION The property is located in the heart of Birmingham's Jewellery Quarter, alongside St Paul's Square, close to the canal towpaths and Snow Hill railway station. The Jewellery Quarter is a designated conservation area and proposed World Heritage Site and is a prestigious and highly desired part of Birmingham. It is experiencing further development as some of the old factories are converted into apartments, restaurants and shops. It is only a short distance to all that Birmingham City Centre has to offer including the Colmore Business District, attractions and transport links 

JAMES LAURENCE ESTATE AGENTS We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. All material information stated below has been provided by our client, but we would request all information to be verified by the purchaser's chosen solicitor.

Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.

Tenure: Leasehold

Services: All mains' services are connected to the property.

Local Authority: Birmingham City Council

Council Tax Band: E

Service Charge: £1,695.00 Per Annum

Ground Rent: Peppercorn

Ground Rent Review Period: TBC

Length of Lease: 126 Years Remaining

To complete our comprehensive service, James Laurence Estate Agents is pleased to offer the following:-

Free Valuation: Please contact the office on to make an appointment.

Residential Lettings and Management: If you are interested in letting out your property or are considering renting a property, please contact our office to find out further information.

Conveyancing: Very competitively priced rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details.

Financial Services: James Laurence Estate Agents work with an independent Mortgage Service offering face to face mortgage advice to suit your needs. Please contact the office on to make a free appointment.

Further Material Information:

Part A

Council Tax / Domestic Rates: E
Asking price: £220,000.00
Tenure*: Leasehold

Part B

Property type: Purpose Built
Property construction: Brick
Number and types of room: Two bedroom
Electricity supply: Mains
Water supply: Mains
Sewerage: Mains
Heating: Gas
Broadband: We recommend you complete your own investigation.
Mobile signal/coverage: We recommend you complete your own investigation.
Parking: Yes.

Part C

Building safety: N/a.
Restrictions: N/a.
Rights and easements: N/a.
Flood risk: N/a.
Coastal erosion risk: N/a.
Planning permission: N/a.
Accessibility/adaptations: N/a.
Coalfield or mining area: N/a.
Energy Performance Certificate (EPC)**: C

Agent Details

James Laurence Estate Agents, Birmingham

0121 387 6501

Next Steps?

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