Trusted local estate agents for Edgbaston and Birmingham City Centre since 2008

Month: January 2016

Propcision

Propcision

21.01.16

Word of a new add-on for the Rightmove website has been announced, a service called Propcision. This service will be available as an add-on to the website for Chrome and Firefox internet browsers, and Microsoft Internet Explorer soon enough, and will allow users to view extra statistics on properties for sale. The tool is only available to use for properties for sale in London at present.

For buyers in the market, this must sound like an incredible tool, and will surely save so much time in your search, especially when all you want to find out is the estimated rental income of a property. However, if a property has been unfortunate enough to have had a couple of drastic price reductions or a sale which fell through, statistics such as these will also be on show for all to see. Of course, price reductions don’t always mean bad things. The conclusion that most people jump to when they see price reductions is that the agent has been struggling to sell it, which may lead to suspicions that the property is not in the best condition and needs some work, thus incurring more costs post-sale for renovations. This (obviously) isn’t always the case, and there’s often a story behind the marketing history.

To conclude, in our opinion, good, old-fashioned communication with the estate agent will always give you the best idea of the property, its surrounding area and why it’s an all round good purchase.

What are your thoughts?

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Paradise Circus, Birmingham

13.01.16

As many of you may already be aware, the grand redevelopment of Paradise Circus is well underway. Now, for many drivers, this is quite bothersome, and just the thought of driving through the centre of Birmingham right now may cause them to snarl a little. But, it will all be so worth it when the works are finished and the transformation is complete, and visitors to Birmingham will be able to enjoy an exciting new leisure and retail space which will reshape the city centre as we now know it.

The company responsible for the redevelopment – Argent, are also responsible for other impressive mixed-use spaces including our very own Brindleyplace, and Kings Cross in London. Their vision for the transformation of Paradise Circus is that it will revamp the area as much as it will complement the historic buildings there such as the Council House, the Town Hall and Birmingham Museum and Art Gallery. The redevelopment plans to introduce up to ten new buildings, housing many new restaurants and cafés, shops, Grade A offices and a 4* hotel with 250 rooms. There will be three new public squares and new pedestrian streets, as well as the redesigning of the existing Chamberlain Square. The Central Library has finally met its demise, and is currently being demolished to make way for the first two new buildings, after a campaign which has been running for several years to save it. Although, Prince Charles famously once said that it looked more like  “a place where books are incinerated, not kept”. Well, it kinda does…

The Midland Metro tram is also being extended to run from Snow Hill to New Street station and on to the eastern end of Broad Street, providing immediate access to Paradise, with its own dedicated stop.

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Happy New Year, folks!

07.01.16

By now, we expect most of you will be very much back at the grindstone after a well-deserved break over Christmas and new year, trying to at least make a start on your new year’s resolutions (don’t pressure yourself too much – according to research by the University of Scranton, Pennsylvania, only a tiny 8% of people actually succeed in keeping theirs!)

2015 exceeded all of our expectations, and was actually a really really good year for us. We’ve made a bunch of new friends with whom we hope to build long-lasting relationships, we had a great year for property sales and an absolutely fantastic one for residential lettings and management. We gained two new members of staff – Rhianna and David, and both have settled into our team splendidly. We are thoroughly looking forward to continuing our fantastic relationships with all of our existing clients, and anticipate that we’ll begin many new relationships with buyers, sellers and investors alike.

We expect that 2016 will be even better than last year, and we can’t wait to tell you all about it at the end!