1 bed Flat (for sale) Modern Luxury Apartments, Aldridge Rd, Birmingham B42

£1,650,000
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Alesco Investment Properties
Office 5 1 1 The Leather Market, London
020 8033 7635
First Published

30th Oct 2020

Last Published

30th Oct 2020

 

Features

  • Type: Flat
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description

Modern Luxury Apartments

These apartments are designed to cater for the modern day professional; the stunning new apartments represent a response to the demands of the modern high-end buyer with a unique blend of luxury & style.

Investment Overview

• Close Proximity to Manchester City Centre
• 6% Net Rental Income
• Fully furnished
• 24 Hour Concierge Service
• Experienced Management Company

Ideal Location

The largest finance centre outside of London, Manchester population is rising at three times the national average, with the city experiencing increasing demand from professionals seeking high end accommodation within a short distance of the city centre.
With over £3 billion currently committed to large scale infrastructure projects in Manchester, it is fully understandable that property prices are now estimated to increase by 26% over the next 4 years.

Located on the edge of Manchester city centre, the new HiLux Apartments will not only offer residents easy access to the very best that Manchester has to offer, it will also offer investors an opportunity to capitalise on the significant investment into the regeneration of the local area.

Computer Generated Images for Illustration Purposes Only
Sizes listed are approximations. Please contact the agent to verify actual sizes
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Local info for B42

Floor plan

 

Property Value Data/Graphs for B42

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Semi-detached house 57.5% £201,079 3.2 1.3
Flat 12.6% £137,273 1.4 1.1
Terraced house 10.3% £171,111 3 0.9
Detached house 6.9% £281,500 3.3 0.8
End terrace house 6.9% £159,483 2.7 1.2
Town house 3.4% £275,000 4 1.7
Maisonette 1.1% £100,000 2 1
Other 1.1% £100,000 2 1

Area Information

Average Price Paid

£172,496

Sales

2049

Current Average Value

£192,814

Value Change

£20,318 11.8%

 

Current Asking Prices in B42 Average: £192,814

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £107,300 (3) £190,064 (62) £279,250 (8) -
Flats £130,000 (7) £140,000 (5) - - -
All £130,000 (7) £127,738 (8) £190,064 (62) £279,250 (8) -

Nearby Properties

2 bed Flat () Mary Ann Street, Birmingham B3 £21,500,000
0 bed Land () Suttons Drive, Great Barr B43 £7,000,000
8 bed Detached house () Green Lane, Wall, Lichfield WS14 £4,250,000
5 bed Detached house () The Orchards, Four Oaks Estate, Sutton Coldfield B74 £4,000,000
5 bed Detached house () 8 The Orchards, Four Oaks Estate, Sutton Coldfield, West Midlands B74 £4,000,000
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