2 Bed Flat, Single Let, B3 1JH £160,000
ValuationUndervalued
| Sold Prices | £90K - £525K |
| Sold Prices/m² | £1.7K/m² - £9.4K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £2.3K/m² |
Value Estimate | £192,000£192,000 |
| BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £40,000£40,000 |
Stamp Duty & Legal Fees | £9,900£9,900 |
Total Cash In | £49,900£49,900 |
| |
Cash Out | |
Rent Range | £995 - £2,150£995 - £2,150 |
Rent Estimate | £1,231 |
Running Costs/mo | £766£766 |
Cashflow/mo | £465£465 |
Cashflow/yr | £5,578£5,578 |
ROI | 11%11% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £90K to £525K, average is £257.3K. £1.7K/m² to £9.4K/m², average is £3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £210K | 12/24 | 0.02 mi | Apartment 208, 6, Fleet Street, Birmingham B3 1JH | £2,500 | 84 | 2 | Flat | ||
| £280K | 10/24 | 0.08 mi | 28, Apartment 8, Charlotte Street, Birmingham B3 1PT | £3,889 | 72 | 2 | Flat | ||
| £230K | 06/24 | 0.11 mi | 12, Apartment 511, Fleet Street, Birmingham B3 1JL | £3,770 | 61 | 2 | Flat | ||
| £200K | 04/25 | 0.11 mi | Apartment 512, 12, Fleet Street, Birmingham B3 1JL | £2,899 | 69 | 2 | Flat | ||
| £200K | 04/25 | 0.11 mi | Apartment 512, 12, Fleet Street, Birmingham B3 1JL | - | - | 2 | Flat | ||
| £90K | 06/21 | 0.13 mi | Flat 10, Crescent Tower, Brindley Drive, Birmingham, West Midlands B1 2NJ | - | - | 2 | Flat | ||
| £200K | 10/24 | 0.14 mi | 50, Apartment 32, George Street, Ladywood, Birmingham B3 1PP | £3,704 | 54 | 2 | Flat | ||
| £242.5K | 10/24 | 0.15 mi | 21, Flat 25, Newhall Hill, Birmingham B1 3JA | - | - | 2 | Flat | ||
| £185K | 07/24 | 0.16 mi | 43, Flat 48, George Street, Ladywood, Birmingham B3 1QA | £2,803 | 66 | 2 | Flat | ||
| £232.5K | 07/24 | 0.16 mi | 42, Flat 27, George Street, Ladywood, Birmingham B3 1QA | £3,019 | 77 | 2 | Flat | ||
| £189.9K | 12/24 | 0.16 mi | 32, Apartment 44, George Street, Ladywood, Birmingham B3 1QG | £2,922 | 65 | 2 | Flat | ||
| £185.9K | 10/24 | 0.17 mi | 12 14 Qube Apartments, 60, Scotland Street, Birmingham B1 2EJ | - | - | 2 | Flat | ||
| £100K | 07/21 | 0.18 mi | Flat 2, Norton Tower, Civic Close, Birmingham, West Midlands B1 2NN | £1,724 | 58 | 2 | Flat | ||
| £360K | 04/25 | 0.2 mi | Flat 9, 57, St Pauls Square, Birmingham B3 1QS | - | - | 2 | Flat | ||
| £360K | 04/25 | 0.2 mi | Flat 9, 57, St Pauls Square, Birmingham B3 1QS | - | - | 2 | Flat | ||
| £267.5K | 10/24 | 0.22 mi | 1, Apartment 1, James Street, Birmingham B3 1SD | £5,350 | 50 | 2 | Flat | ||
| £182K | 12/22 | 0.22 mi | 14, Civic Close, Birmingham, West Midlands B1 2NT | £2,193 | 83 | 2 | Flat | ||
| £490K | 01/25 | 0.23 mi | St Pauls Place, Penthouse 1, St Pauls Square, Birmingham B3 1FQ | £9,423 | 52 | 2 | Flat | ||
| £490K | 01/25 | 0.23 mi | Penthouse 1, St Pauls Place, St Pauls Square, Birmingham B3 1FQ | - | - | 2 | Flat | ||
| £355K | 03/25 | 0.25 mi | Penthouse 6, 17 Ludgate Loft Apartments, Ludgate Hill, Birmingham B3 1DW | - | - | 2 | Flat | ||
| £355K | 03/25 | 0.25 mi | Penthouse 6, 17 Ludgate Loft Apartments, Ludgate Hill, Birmingham B3 1DW | £2,840 | 125 | 2 | Flat | ||
| £183K | 07/24 | 0.27 mi | 21 Maxim 28, Apartment 18, Lionel Street, Birmingham B3 1AT | £2,440 | 75 | 2 | Flat | ||
| £295K | 04/25 | 0.27 mi | Apartment 24, 23, Legge Lane, Birmingham B1 3LX | - | - | 2 | Flat | ||
| £332.5K | 01/25 | 0.28 mi | Apartment 6, 22, Legge Lane, Birmingham B1 3LW | £4,433 | 75 | 2 | Flat | ||
| £230K | 11/24 | 0.28 mi | 38 Queens College Chambers, Apartment 57, Paradise Street, Birmingham B1 2AF | £2,911 | 79 | 2 | Flat | ||
| £235K | 03/25 | 0.28 mi | Apartment 73, 38 Queens College Chambers, Paradise Street, Birmingham B1 2AF | £3,176 | 74 | 2 | Flat | ||
| £235K | 03/25 | 0.28 mi | Apartment 73, 38 Queens College Chambers, Paradise Street, Birmingham B1 2AF | - | - | 2 | Flat | ||
| £308K | 03/25 | 0.3 mi | Flat 18, 81, Camden Street, Ladywood, Birmingham B1 3DD | - | - | 2 | Flat | ||
| £308K | 03/25 | 0.3 mi | Flat 18, 81, Camden Street, Ladywood, Birmingham B1 3DD | £4,053 | 76 | 2 | Flat | ||
| £221.6K | 03/25 | 0.31 mi | Apartment 241, Derwent Foundry, Mary Ann Street, Birmingham B3 1BG | - | - | 2 | Flat | ||
| £325K | 06/25 | 0.32 mi | 103, Albion Street, Birmingham B1 3AA | £3,571 | 91 | 2 | Flat | ||
| £325K | 06/25 | 0.32 mi | 103, Albion Street, Birmingham B1 3AA | - | - | 2 | Flat | ||
| £210K | 04/25 | 0.33 mi | Flat 25, 25 Kings Court, Cox Street, Birmingham B3 1RD | £3,182 | 66 | 2 | Flat | ||
| £210K | 04/25 | 0.33 mi | Flat 25, 25 Kings Court, Cox Street, Birmingham B3 1RD | - | - | 2 | Flat | ||
| £215K | 11/24 | 0.34 mi | 107 Orb, Apartment 36, Carver Street, Birmingham B1 3AP | £2,722 | 79 | 2 | Flat | ||
| £280K | 12/24 | 0.35 mi | Centenary Plaza, 291, Holliday Street, Birmingham B1 1TS | £3,256 | 86 | 2 | Flat | ||
| £195K | 02/25 | 0.35 mi | 53, Centenary Plaza, Holliday Street, Birmingham B1 1TB | £2,708 | 72 | 2 | Flat | ||
| £290K | 10/22 | 0.36 mi | Penthouse 9, Amazon Lofts, Tenby Street, Birmingham, West Midlands B1 3AJ | - | - | 2 | Flat | ||
| £247K | 04/24 | 0.36 mi | 15 Heritage Court, Flat 6, Warstone Lane, Birmingham B18 6HP | £2,422 | 102 | 2 | Flat | ||
| £300K | 01/24 | 0.36 mi | 15 Heritage Court, 111, Warstone Lane, Birmingham B18 6HU | £3,061 | 98 | 2 | Flat | ||
| £220K | 08/24 | 0.36 mi | 15 Heritage Court, Flat 84, Warstone Lane, Birmingham B18 6HU | £2,558 | 86 | 2 | Flat | ||
| £220K | 08/24 | 0.36 mi | Flat 84, 15 Heritage Court, Warstone Lane, Birmingham B18 6HU | - | - | 2 | Flat | ||
| £525K | 06/22 | 0.38 mi | 6, Apartment 3, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £463K | 10/22 | 0.38 mi | 6, Apartment 2, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £510K | 09/22 | 0.38 mi | 6, Apartment 1, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £463K | 10/22 | 0.38 mi | Apartment 2, 6, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £510K | 09/22 | 0.38 mi | Apartment 1, 6, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £460K | 09/22 | 0.38 mi | Apartment 4, 6, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £460K | 09/22 | 0.38 mi | 6, Apartment 4, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat | ||
| £525K | 06/22 | 0.38 mi | Apartment 3, 6, Henrietta Street, Birmingham B19 3AB | - | - | 2 | Flat |
Local Rents
50 rents from £995/mo to £2.1K/mo, average is £1.7K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,200 | 05/25 | 0 mi | Islington Gates, Fleet Street, Birmingham | 2 | Flat | ||
| £1,250 | 09/25 | 0 mi | Islington Gates, Fleet Street, Jewellery Quarter, B1 | 2 | Flat | ||
| £995 | 06/25 | 0 mi | 14 Fleet Street, Birmingham, B3 1JL | 2 | Flat | ||
| £2,150 | 05/25 | 0.01 mi | Islington Gates, 6 Fleet Street, B3 1JH | 2 | Flat | ||
| £2,100 | 12/24 | 0.01 mi | Islington Gates, 6 Fleet Street, B3 1JH | 2 | Flat | ||
| £1,425 | 05/25 | 0.04 mi | Charlotte Street, BIRMINGHAM | 2 | Flat | ||
| £1,690 | 07/25 | 0.04 mi | Charlotte Street, BIRMINGHAM | 2 | Flat | ||
| £1,450 | 05/25 | 0.04 mi | Charlotte Street, BIRMINGHAM | 2 | Flat | ||
| £1,500 | 06/25 | 0.04 mi | Charlotte Street, BIRMINGHAM | 2 | Flat | ||
| £1,590 | 07/25 | 0.04 mi | Charlotte Street, BIRMINGHAM | 2 | Flat | ||
| £1,600 | 09/25 | 0.04 mi | Charlotte Street, BIRMINGHAM | 2 | Flat | ||
| £1,695 | 05/25 | 0.05 mi | Charlotte Street, B3 | 2 | Flat | ||
| £1,890 | 08/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,860 | 06/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,630 | 05/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,630 | 05/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,630 | 12/24 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 05/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 05/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 05/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 06/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,595 | 08/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,640 | 08/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,655 | 08/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,700 | 08/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,700 | 08/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,700 | 08/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,595 | 08/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,575 | 08/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,700 | 09/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,630 | 05/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,585 | 05/25 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,645 | 12/24 | 0.05 mi | Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,690 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,760 | 08/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat | ||
| £1,970 | 07/25 | 0.05 mi | The Whitmore Collection, Charlotte Street, Birmingham, B3 | 2 | Flat |
Local Area Statistics
Population in B3 | 2,2252,225 |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.36 miles away0.36 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +2%+2% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +13%+13% |
Property History
Price changed to £160,000
June 12, 2025
Listed for £170,000
October 18, 2024
Sold for £152,000
2016
Sold for £149,995
2004
Floor Plans
Description
- 1st floor +
- 2 double bedrooms +
- Open plan lounge/kitchen +
- Electric heating +
- Passed EWS1 cladding certificate +
"Location, location, location!" Situated just a short walk from the City Centre, Colmore Row and St Pauls Square. As soon as you step into the entrance hall you instantly feel at home. Both bedrooms are good sized doubles. The open plan living area is spacious, with nice, big double glazed windows with plenty of natural light flooding into the apartment. The kitchen area is sleek and modern, with integrated appliances. The main bathroom has a shower cubicle, perfect for those get up and go mornings.
This flat presents an excellent buy-to-let opportunity due to its prime location in the city centre. With easy access to key amenities, transport links, and a vibrant local market, it appeals to both professionals and students looking for convenience and accessibility. The high demand for city centre living ensures strong rental yields, making it a highly attractive investment. Its proximity to shops, restaurants, and entertainment options guarantees consistent tenant interest, enhancing the potential for long-term, stable income.
To appreciate the location and size of this apartment, call today to arrange your viewing.
ROOM SIZES:
Hallway
Storage Cupboard
Open Plan Lounge/Kitchen: 20' 0" x 18' 5" (6.1m x 5.61m)
Bedroom One: 15' 8" x 12' 7" (4.78m x 3.84m)
Bedroom Two: 14' 5" x 14' 0" (4.39m x 4.27m)
Shower Room: 7' 5" x 5' 0" (2.26m x 1.52m)
LEASEHOLD INFORMATION:
Service charge - £3,077 pa
Ground rent - £200 pa
Lease Length - 124 years from 9 February 2004
Lease details have been provided by the seller and their accuracy cannot be guaranteed as we have been unable to verify them by means of current documentation. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
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