1 Lexington Apartments 2 Scotland Street, Birmingham
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1 Lexington Apartments 2 Scotland Street, Birmingham

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We have confidence in this estimated current valuation Updated recently
£143,000
Or £930 per month to rent Powered by AVM
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Transaction history

Listing history

Rental
Mar 24, 2015
£925
For Sale
Aug 8, 2019
£215,000
For Sale
Dec 8, 2020
£215,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 1 Lexington Apartments 2 Scotland Street, Birmingham, a cozy and compact flat type home with 2 bed in the B1 2RR area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band E.

This modern and well-kept property was built 2003-2006 and has a reported internal area of 88 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £143,000 and a rental potential of £930 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Mar 24, 2015. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Stunning two bedroom apartment in the Lexington Apartments, Scotland Street, minutes' from Brindleyplace

The Property:
- A furnished two bedroom apartment with two bathrooms
- Situated on the ground floor
- The property includes one allocated parking space
- Deposit amounts to five weeks rent £1,263.46
- Council Tax Band : E Approximately £1,948.23 per year
- Energy Efficiency Rating: C Environmental Impact Rating: D

The Property Comes With:
- All electric heating
- A fully equipped kitchen including: fridge freezer, washing machine
- Additional built in storage in the hallway and bedroom

The Development:
- Secure key entry
- Communal bin store
- Lift Access

Local Area:
- Located in the Westside and Broad Street area near Brindleyplace
- Within a few minutes' walk of Five Ways Station
- Easy access to The Symphony Hall, The ICC, The Mailbox, Birmingham Canals Network  

PLACES BIRMINGHAM ARE MEMBERS OF:

ARLA Propertymark (Client Money Protection)
The Property Ombudsman
The Tenancy Deposit Scheme (TDS)


TENANT FEE SCHEDULE

Holding Deposit (per tenancy)
One week's rent. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security Deposit (per tenancy. Rent under £50,000 per year)
Five weeks rent. This covers damages or defaults on the part of the tenant during the tenancy.

Security Deposit (per tenancy. Rent over £50,000 per year)
Six weeks rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid Rent
Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost Key(s) or other Security Device(s)
Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s).

Variation of Contract (Tenants Request)
£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.

Change of Sharer (Tenants Request)
£50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher. To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early Termination (Tenants Request)
Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.
  "

Property Data

Data point Compared to road
Tax band E

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £651 Try Mortgage Tracker
Energy £612 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
City United Academy (CUA)
0.3mi
Nelson Junior and Infant School
0.4mi
Jewellery Quarter Academy
0.5mi
Nearby Stations
Birmingham New Street Station
0.4mi
Birmingham Snow Hill Station
0.5mi
Five Ways Station
0.6mi
Birmingham Moor Street Station
0.6mi
Jewellery Quarter Station
0.8mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 1 Lexington Apartments 2 Scotland Street, Birmingham worth?

    1 Lexington Apartments 2 Scotland Street, Birmingham is now worth £143,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 1 Lexington Apartments 2 Scotland Street, Birmingham - click click here to get a valuation with no strings attached.

  2. What is the rental value of 1 Lexington Apartments 2 Scotland Street, Birmingham?

    The current rental valuation for this property is £930 per month, within a price range of £837 and £1,022.

  3. How many bedrooms does 1 Lexington Apartments 2 Scotland Street, Birmingham have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 1 Lexington Apartments 2 Scotland Street, Birmingham?

    Nearby schools in include City United Academy (CUA), Nelson Junior and Infant School, Jewellery Quarter Academy,

    Nearby stations in include Birmingham New Street Station, Birmingham Snow Hill Station, Five Ways Station, Birmingham Moor Street Station, Jewellery Quarter Station.

  5. What type of property is 1 Lexington Apartments 2 Scotland Street, Birmingham

    This is a Flat property. There are 7 other Flat properties on SCOTLAND STREET, and 8 in total.

  6. When was 1 Lexington Apartments 2 Scotland Street, Birmingham built? How old is 1 Lexington Apartments 2 Scotland Street, Birmingham?

    1 Lexington Apartments 2 Scotland Street, Birmingham was was built between 2003-2006.

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

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