2 Bed Terraced House, Single Let, Birmingham, B12 0AN, £390,000





ValuationOvervalued
Sold Prices | £80K - £370K |
Sold Prices/m² | £1.3K/m² - £4.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £5.7K/m² |
Value Estimate | £172,745£172,745 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £97,500£97,500 |
Stamp Duty & Legal Fees | £27,700£27,700 |
Total Cash In | £125,200£125,200 |
| |
Cash Out | |
Rent Range | £850 - £3,050£850 - £3,050 |
Rent Estimate | £995 |
Running Costs/mo | £1,438£1,438 |
Cashflow/mo | £-443£-443 |
Cashflow/yr | £-5,313£-5,313 |
Gross Yield | 3%3% |
Local Sold Prices
50 sold prices from £80K to £370K, average is £165K. £1.3K/m² to £4.3K/m², average is £2.5K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£220K | 11/20 | 0.51 mi | 2, Bordesley Street, Birmingham, West Midlands B5 5PG | £2,546 | 86 | 2 | Terraced House | |
£165K | 06/21 | 0.57 mi | 7, Berrington Walk, Birmingham, West Midlands B5 7BX | - | - | 2 | Terraced House | |
£165K | 06/22 | 0.57 mi | 7, Berrington Walk, Birmingham, West Midlands B5 7BX | - | - | 2 | Terraced House | |
£130K | 06/21 | 0.64 mi | 55, Alexandra Road, Birmingham, West Midlands B5 7NJ | £2,191 | 59 | 2 | Semi-Detached House | |
£112.5K | 11/22 | 0.64 mi | 135, Kyrwicks Lane, Sparkbrook, Birmingham, West Midlands B11 1SS | £1,461 | 77 | 2 | Terraced House | |
£80K | 03/21 | 0.71 mi | 57, Herbert Road, Small Heath, Birmingham, West Midlands B10 0QT | £1,333 | 60 | 2 | Semi-Detached House | |
£175K | 10/20 | 0.71 mi | 53, Herbert Road, Small Heath, Birmingham, West Midlands B10 0QT | £2,917 | 60 | 2 | Semi-Detached House | |
£140K | 05/21 | 0.71 mi | 51, Herbert Road, Small Heath, Birmingham, West Midlands B10 0QT | £2,333 | 60 | 2 | Semi-Detached House | |
£245K | 12/21 | 0.73 mi | 36, St Catherines Close, Birmingham, West Midlands B15 2FE | £3,182 | 77 | 2 | Semi-Detached House | |
£310K | 12/22 | 0.73 mi | 3, St Catherines Close, Birmingham, West Midlands B15 2FE | £4,247 | 73 | 2 | Semi-Detached House | |
£155K | 06/22 | 0.8 mi | 31, Gosford Street, Balsall Heath, Birmingham, West Midlands B12 9ER | - | - | 2 | Terraced House | |
£205K | 04/22 | 0.82 mi | 50, Princess Road, Birmingham, West Midlands B5 7PU | £3,106 | 66 | 2 | Semi-Detached House | |
£170K | 08/22 | 0.82 mi | 31, Alpha Close, Birmingham, West Midlands B12 9HF | £3,333 | 51 | 2 | Terraced House | |
£165K | 02/21 | 0.83 mi | 18, Mary Street, Balsall Heath, Birmingham, West Midlands B12 9ST | £1,755 | 94 | 2 | Terraced House | |
£180K | 11/20 | 0.88 mi | 10, Mease Croft, Birmingham, West Midlands B9 4PW | £2,997 | 60 | 2 | Semi-Detached House | |
£195K | 02/22 | 0.9 mi | 9, Hay Park, Birmingham, West Midlands B5 7LT | £4,333 | 45 | 2 | Semi-Detached House | |
£190K | 06/22 | 0.92 mi | 43, Balfour Street, Birmingham, West Midlands B12 9SY | £2,405 | 79 | 2 | Terraced House | |
£305K | 09/21 | 1.02 mi | 68a, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW | £3,923 | 78 | 2 | Semi-Detached House | |
£305K | 09/21 | 1.05 mi | 68a, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW | £3,923 | 78 | 2 | Semi-Detached House | |
£370K | 01/22 | 1.05 mi | 69, Ryland Road, Edgbaston, Birmingham, West Midlands B15 2BW | £3,246 | 114 | 2 | Terraced House | |
£160K | 12/20 | 1.06 mi | 100, St Pauls Road, Sparkhill, Birmingham, West Midlands B12 8LS | - | - | 2 | Terraced House | |
£260K | 08/22 | 1.11 mi | 9, Aboyne Close, Edgbaston, Birmingham, West Midlands B5 7PQ | £2,580 | 101 | 2 | Terraced House | |
£210K | 06/22 | 1.15 mi | 77, Jakeman Road, Birmingham, West Midlands B12 9NU | - | - | 2 | Terraced House | |
£192.5K | 05/22 | 1.24 mi | 56, Roseland Way, Birmingham, West Midlands B15 1HD | £3,702 | 52 | 2 | Terraced House | |
£150K | 06/21 | 1.28 mi | 43, Roderick Road, Birmingham, West Midlands B11 1UE | £1,724 | 87 | 2 | Terraced House | |
£160K | 03/23 | 1.28 mi | 8, Carlton Road, Small Heath, Birmingham, West Midlands B9 5EB | - | - | 2 | Terraced House | |
£153K | 08/21 | 1.29 mi | 232, Clifton Road, Balsall Heath, Birmingham, West Midlands B12 8RU | £2,484 | 62 | 2 | Terraced House | |
£130K | 02/23 | 1.31 mi | 55, Somerville Road, Small Heath, Birmingham, West Midlands B10 9EN | £1,831 | 71 | 2 | Terraced House | |
£122K | 06/21 | 1.31 mi | 89b, Grange Road, Small Heath, Birmingham, West Midlands B10 9QS | £1,488 | 82 | 2 | Terraced House | |
£155K | 10/22 | 1.31 mi | 34, Roshven Road, Birmingham, West Midlands B12 8DB | £2,279 | 68 | 2 | Terraced House | |
£154.5K | 03/21 | 1.32 mi | 4, Kenelm Road, Birmingham, West Midlands B10 9AJ | £2,533 | 61 | 2 | Semi-Detached House | |
£125K | 11/20 | 1.33 mi | 46, Madeley Road, Birmingham, West Midlands B11 1UX | £1,543 | 81 | 2 | Terraced House | |
£155K | 10/20 | 1.33 mi | 113, Whitehall Road, Small Heath, Birmingham, West Midlands B9 5EN | £1,782 | 87 | 2 | Semi-Detached House | |
£145K | 12/22 | 1.34 mi | 7, Pembroke Road, Birmingham, West Midlands B12 8QG | - | - | 2 | Terraced House | |
£123K | 05/21 | 1.38 mi | 329, Golden Hillock Road, Sparkbrook, Birmingham, West Midlands B11 2QL | £1,323 | 93 | 2 | Terraced House | |
£129K | 01/21 | 1.4 mi | 399a, Charles Road, Small Heath, Birmingham, West Midlands B9 5HH | £1,925 | 67 | 2 | Terraced House | |
£158K | 12/22 | 1.41 mi | 371, Charles Road, Small Heath, Birmingham, West Midlands B9 5HH | - | - | 2 | Terraced House | |
£114K | 07/21 | 1.42 mi | 187, Bordesley Green, Birmingham, West Midlands B9 5EX | £1,606 | 71 | 2 | Terraced House | |
£120K | 12/21 | 1.44 mi | 20, Hams Road, Birmingham, West Midlands B8 1DU | £1,791 | 67 | 2 | Terraced House | |
£130K | 07/23 | 1.44 mi | 166, Cherrywood Road, Bordesley Green, Birmingham, West Midlands B9 4UN | - | - | 2 | Terraced House | |
£141K | 11/20 | 1.47 mi | 29, Gough Road, Greet, Birmingham, West Midlands B11 2NG | £2,169 | 65 | 2 | Terraced House | |
£235K | 07/23 | 1.49 mi | 16, Admiral Place, Moseley, Birmingham, West Midlands B13 8BQ | £4,257 | 55 | 2 | Terraced House | |
£200K | 06/21 | 1.51 mi | 7, Duddeston Drive, Saltley, Birmingham, West Midlands B8 1DB | - | - | 2 | Detached House | |
£200K | 06/21 | 1.51 mi | 7, Duddeston Drive, Saltley, Birmingham, West Midlands B8 1DB | - | - | 2 | Semi-Detached House | |
£181K | 10/22 | 1.58 mi | 10, Priorygate Way, Birmingham, West Midlands B9 5NF | £3,175 | 57 | 2 | Terraced House | |
£215K | 10/20 | 1.59 mi | 2, East Drive, Birmingham, West Midlands B5 7RX | £2,688 | 80 | 2 | Terraced House | |
£215K | 10/20 | 1.59 mi | 2, East Drive, Birmingham, West Midlands B5 7RX | £2,688 | 80 | 2 | Terraced House | |
£225K | 08/22 | 1.59 mi | 2, East Drive, Birmingham, West Midlands B5 7RX | £2,813 | 80 | 2 | Terraced House | |
£255K | 06/23 | 1.59 mi | 40, East Drive, Birmingham, West Midlands B5 7RX | £3,355 | 76 | 2 | Terraced House | |
£127K | 11/20 | 1.6 mi | 453, Green Lane, Small Heath, Birmingham, West Midlands B9 5PP | £1,608 | 79 | 2 | Terraced House |
Local Rents
50 rents from £850/mo to £3K/mo, average is £1.2K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£3,050 | 05/24 | 0.02 mi | - | 2 | Flat | |
£3,050 | 12/24 | 0.02 mi | - | 2 | Flat | |
£900 | 12/24 | 0.05 mi | The Point, 94-101 Cheapside, Digbeth, Birmingham | 2 | Flat | |
£1,250 | 12/24 | 0.05 mi | Digbeth Square, 10 Lombard Street, Digbeth, Birmingham, B12 | 2 | Flat | |
£1,250 | 12/24 | 0.05 mi | Digbeth Square, 10 Lombard Street, Birmingham, B12 | 2 | Flat | |
£1,350 | 03/25 | 0.05 mi | - | 2 | Flat | |
£1,300 | 12/24 | 0.06 mi | Digbeth One 2, 1 Lombard Street, Birmngham, B12 | 2 | Flat | |
£1,250 | 12/24 | 0.06 mi | Digbeth One 2, 1 Lombard Street, Birmngham, B12 | 2 | Flat | |
£1,450 | 02/24 | 0.06 mi | - | 2 | Flat | |
£1,250 | 12/24 | 0.06 mi | Fabrick Square, Lombard Street, Birmingham | 2 | Flat | |
£1,300 | 12/24 | 0.07 mi | Digbeth One 2, 10 Lombard Street, B12 0QA | 2 | Flat | |
£1,200 | 12/24 | 0.07 mi | Digbeth Square, 10 Lombard Street, Birmingham, B12 | 2 | Flat | |
£1,800 | 11/24 | 0.07 mi | - | 2 | Flat | |
£1,200 | 03/25 | 0.08 mi | - | 2 | Flat | |
£1,150 | 12/24 | 0.08 mi | - | 2 | Flat | |
£1,050 | 12/24 | 0.08 mi | Fabrick Square, Lombard Street, Digbeth, B12 | 2 | Flat | |
£1,100 | 12/24 | 0.08 mi | Cotton House, 1 Lombard Street, Birmingham, West Midlands, B12 | 2 | Flat | |
£1,200 | 12/24 | 0.08 mi | - | 2 | Flat | |
£1,150 | 01/24 | 0.08 mi | - | 2 | House | |
£1,050 | 12/24 | 0.08 mi | Renaissance Court | 2 | Flat | |
£995 | 12/24 | 0.08 mi | Bradford Street, Birmingham, B12 0AH | 2 | Flat | |
£1,000 | 12/24 | 0.08 mi | Fabrick Square, 1 Lombard Street | 2 | Flat | |
£1,200 | 12/24 | 0.08 mi | Cotton House, Fabrick Square, B12 | 2 | Flat | |
£1,095 | 12/24 | 0.08 mi | Cotton Lofts, Digbeth | 2 | Flat | |
£1,095 | 12/24 | 0.08 mi | - | 2 | Flat | |
£1,175 | 02/25 | 0.09 mi | - | 2 | Flat | |
£1,150 | 12/24 | 0.09 mi | Cotton House, Fabrick Square, 1 Lombard Street, Birmingham, West Midlands, B12 | 2 | Flat | |
£900 | 04/24 | 0.09 mi | Abacus, Irish Quarter | 2 | Flat | |
£1,500 | 03/25 | 0.09 mi | - | 2 | Flat | |
£1,100 | 12/24 | 0.09 mi | Moseley Gardens, 150 Moseley Street, Digbeth | 2 | Flat | |
£995 | 11/24 | 0.09 mi | - | 2 | Flat | |
£1,250 | 11/24 | 0.09 mi | - | 2 | Flat | |
£1,100 | 02/25 | 0.09 mi | - | 2 | Flat | |
£1,200 | 03/25 | 0.09 mi | - | 2 | Flat | |
£1,200 | 12/24 | 0.1 mi | Abacus Building, 196 Alcester Street, B12 | 2 | Flat | |
£1,300 | 12/24 | 0.1 mi | Alcester Street, Birmingham, B12 | 2 | Flat | |
£1,200 | 12/24 | 0.1 mi | Abacus Building, 196 Alcester Street, B12 | 2 | Flat | |
£1,200 | 12/24 | 0.1 mi | Alcester Street, BIRMINGHAM | 2 | Flat | |
£1,100 | 12/24 | 0.1 mi | Abacus Building, Bradford Street, Digbeth, B12 | 2 | Flat | |
£850 | 12/24 | 0.11 mi | Kinvara Heights, Rea Place, Digbeth, B12 | 2 | Flat | |
£1,400 | 03/25 | 0.11 mi | - | 2 | Flat | |
£2,450 | 02/24 | 0.11 mi | - | 2 | Flat | |
£1,450 | 12/24 | 0.11 mi | Flat 439, Hairpin House, 230 Bradford Street, Birmingham, B12 | 2 | Flat | |
£1,450 | 12/24 | 0.11 mi | Flat 439, Hairpin House, 230 Bradford Street, Birmingham, B12 | 2 | Flat | |
£1,450 | 12/24 | 0.11 mi | Flat 439, Hairpin House, 230 Bradford Street, Birmingham, B12 | 2 | Flat | |
£1,425 | 12/24 | 0.11 mi | Flat 439, Hairpin House, 230 Bradford Street, Birmingham, B12 | 2 | Flat | |
£1,450 | 12/24 | 0.11 mi | Flat 801, Hairpin House, 230 Bradford Street, Birmingham, B12 | 2 | Flat | |
£2,400 | 03/25 | 0.12 mi | - | 2 | Flat | |
£1,300 | 12/24 | 0.12 mi | Alcester Street, Birmingham, B12 | 2 | Flat | |
£2,700 | 02/24 | 0.12 mi | - | 2 | Flat |
Local Area Statistics
Population in B12 | 20,54720,547 |
Population in Birmingham | 1,034,8211,034,821 |
Town centre distance | 0.55 miles away0.55 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.31 miles away0.31 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +49%+49% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +28%+28% |
Property History
Listed for £390,000
February 26, 2025
Floor Plans

Description
- Digbeth Location +
- Two Bedrooms +
- High quality specification +
- Character features +
- EPC rating - B +
- Council Tax Band -D +
A fantastic two bedroom apartment with private terrace situated in this highly desirable Iron Works development nestled in the heart of Digbeth, dubbed the City's Creative Quarter.
Description
Iron Works is a striking, converted red-brick building dating back to circa 1905, proudly occupying a prominent corner position at Alcester Street and Green Street in Digbeth. Standing three stories tall, this boutique development houses just 14 exclusive, high-specification apartments.
This particular apartment is exceptionally spacious, offering an expansive layout that enhances the sense of openness and light. Accessed through a charming communal courtyard, the property welcomes you into a generously proportioned entrance hallway, setting the tone for the vast interiors beyond. The open-plan living, dining, and kitchen area is impressively large, designed for both comfort and entertaining. The kitchen is fully equipped with sleek, integrated appliances, blending functionality with contemporary style.
Both double bedrooms are considerably sized. The master bedroom is further elevated by its own ensuite, complete with a luxurious walk-in shower. The family bathroom, equally well-appointed, offers a shower over the bath with a glazed screen for added convenience.
Characterful design elements enhance the apartment’s charm, including soaring high ceilings, exposed brickwork, expansive windows that flood the space with natural light, and stylish Buster & Punch fixtures with on-trend black ironmongery throughout. This apartment is the perfect blend of historical character and modern sophistication, offering an exceptional sense of space and style in the heart of Digbeth.
Location
Iron Works is literally a stone’s throw away from the iconic Selfridges and just over five minutes’ walk to the Bullring. From Harvey Nicholls and The Mailbox to the welcoming mix of centres, historic markets to the world famous Jewellery Quarter, the shops in Birmingham offer you everything you could ever want in an attractive and compact space with plenty of great cafes bars and restaurants to keep you going. The Custard Factory is the most powerful collection of creative and digital businesses, independent retailers and event venues outside London. It is home to over 500 businesses and hosts a regular calendar of fairs, festivals and gigs, as well as corporate and private events and weddings.
Property Information
Tenure - Leasehold
Lease term 125 years from 2019
Ground rent £175 p.a
Service charge - £2,644 p.a
Local Authority - Birmingham City Council
Council tax Band - D
EPC Rating - B
Iron Works is literally a stone’s throw away from the iconic Selfridge’s and just over five minutes’ walk to the Bullring. From Harvey Nicholls and The Mailbox to the welcoming mix of centers, historic markets to the world famous Jewellery Quarter, the shops in Birmingham offer you everything you could ever want in an attractive and compact space with plenty of great café bars and restaurants to keep you going.
Digbeth Dining Club is a multi award wining event that has changed the face of Birmingham’s alternative food scene since it started in 2012. Through partnerships with cultural, art and music groups Digbeth Dining Club regularly put on festivals and events showcasing the best street food in the region and beyond.
The Custard Factory is the most powerful collection of creative and digital businesses, independent retailers and event venues outside London. It is home to over 500 businesses and hosts a regular calendar of fairs, festivals and gigs, as well as corporate and private events and weddings.
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