Sold Commercial Development

2

SOUTH RANGE, MOLE STREET, BIRMINGHAM, WEST MIDLANDS B11 1XA

Listed 9 Dec 2025 (-223d)

POA

Save

# Commercial development for sale (B11 1XA)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2, SOUTH RANGE, MOLE STREET, BIRMINGHAM, WEST MIDLANDS B11 1XA |
| Price | POA |
| Last sold | £165,000 Mar 2025 |

## Description

The existing Depot building consists of a light-industrial unit with storage, loading and ancillary office and W/C areas. The depot extends to 7,670sq.ft GIA. The office building extends to 5, 331sq.ft GIA and contains office space over two-floors.

Externally, there is a car-park providing 40-45 spaces.

## Property Photos

- ![Photo 33](/listings/photos/170154656/1338804) - Photo 33
- ![Photo 34](/listings/photos/170154656/1338805) - Photo 34
- ![Photo 30](/listings/photos/170154656/1338806) - Photo 30
- ![Photo 29](/listings/photos/170154656/1338807) - Photo 29
- ![Photo 31](/listings/photos/170154656/1338808) - Photo 31
- ![Photo 32](/listings/photos/170154656/1338809) - Photo 32
- ![Photo 36](/listings/photos/170154656/1338810) - Photo 36
- ![Photo 37](/listings/photos/170154656/1338811) - Photo 37
- ![Photo 38](/listings/photos/170154656/1338812) - Photo 38
- ![Photo 39](/listings/photos/170154656/1338813) - Photo 39
- ![Photo 40](/listings/photos/170154656/1338814) - Photo 40
- ![Photo 41](/listings/photos/170154656/1338815) - Photo 41
- ![Photo 42](/listings/photos/170154656/1338816) - Photo 42

## Floorplans

- ![Photo 35](/listings/photos/170154656/1338817) - Photo 35

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| SOUTH RANGE 2 MOLE STREET, BIRMINGHAM, WEST MIDLANDS, B11 1XA | £165,000 | 24/03/2025 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 56 MOLE STREET, BIRMINGHAM, WEST MIDLANDS, B11 1XA | £425,000 | 18/02/2025 | Other |
| MAJESTIC TOWELS MOLE STREET, BIRMINGHAM, WEST MIDLANDS, B11 1XA | £550,000 | 29/03/2023 | Other |
| STARTFORD ROAD BAPTIST CHURCH STRATFORD ROAD, SPARKHILL, BIRMINGHAM, WEST MIDLANDS, B11 1AA | £975,000 | 17/03/2023 | Other |

**Area average:** £650,000 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £1,670,964 (7 Other, B11, 2024–2026)
- **Deviation:** -100%

## Rental Range

*ONS Price Index of Private Rents (Birmingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £979/mo
- **Realistic:** £1,088/mo
- **Optimistic:** £1,197/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Birmingham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 4 Bed Semi-Detached House, Priestley Road, B11 | £1,450/mo | 4 | 0.32 miles | OpenRent |
| 4 Bed Semi-Detached House, Sparkbrook, B11 | £1,450/mo | 4 | 0.32 miles | OpenRent |
| 2 Bed Terraced House, Griffiths Close, B12 | £1,400/mo | 2 | 0.58 miles | OpenRent |
| 2 Bed Flat, Eden Avenue, B12 | £2,350/mo | 2 | 0.6 miles | OpenRent |
| 2 Bed End Terrace, Eden Avenue, B12 | £2,950/mo | 2 | 0.6 miles | OpenRent |
| 2 Bed End Terrace, Eden Avenue, B12 | £1,700/mo | 2 | 0.62 miles | OpenRent |
| 3 Bed Detached House, Lanchester Close, B12 | £2,000/mo | 3 | 0.63 miles | OpenRent |
| 2 Bed Flat, Parkes Avenue, B12 | £2,200/mo | 2 | 0.63 miles | OpenRent |
| 4 Bed Detached House, Parkes Avenue, B12 | £2,250/mo | 4 | 0.63 miles | OpenRent |
| 1 Bed Flat, Dolphin Road, B11 | £800/mo | 1 | 0.67 miles | OpenRent |
| 2 Bed Terraced House, Parkes Avenue, B12 | £2,950/mo | 2 | 0.68 miles | OpenRent |
| 4 Bed Semi-Detached House, Augusta Road East, B13 | £3,549/mo | 4 | 0.78 miles | OpenRent |
| Studio Flat, Park Rd, B13 | £975/mo | 1 | 0.81 miles | OpenRent |

**Average rent: £2,002/mo (13 listings)**

## 1% Rule

- **Rent ratio:** 200000% (strong)
- **Max investor price (0.8%):** £250,000
- **Target investor price (1%):** £200,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,000/mo).*

- **Gross yield:** 2400000%
- **Monthly cashflow:** £1,775/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7344811.3%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 260.9%

## House Price Index (HM Land Registry)

*Official index for Birmingham; All dwelling types series; as of April 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 15.6%
- **10y growth (index):** 54.6%

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 33 Photo 34 Photo 30 Photo 29 Photo 31 Photo 32 Photo 36 Photo 37 Photo 38 Photo 39 Photo 40 Photo 41 Photo 42

/ 13

Property details

Tenure

FREEHOLD

Last sold

£165,000 Mar 2025

Local average

£1,670,964 (-100%)

Deprivation

Decile 1 (524 of 33,755)

Street crime

761 incidents within 1 mile (May 2026)

Key features

Mixed-use redevelopment opportunity.
Freehold with vacant possession.
Site area extends to 0.655 acres / 0.265 hectares.
Mole Street Depot building measures 7,670sq.ft GIA.
Mole Street Office building measures 5,331 sq.ft GIA.
Suitable for Redevelopment (subject to planning).
Approx. 2.5 miles southeast of Birmingham City Centre.
Bid deadline set for 2pm on Friday 30th January 2026.
Offers invited on conditional and unconditional basis.

Additional details

Parking: Private

Description

The Mole Street Depot and Offices site features a light-industrial depot building and a separate office building. The site offers strong redevelopment potential to deliver either a commercial, residential or mixed-use scheme.

The existing Depot building consists of a light-industrial unit with storage, loading and ancillary office and W/C areas. The depot extends to 7,670sq.ft GIA. The office building extends to 5, 331sq.ft GIA and contains office space over two-floors.

Externally, there is a car-park providing 40-45 spaces.

Listed by

Birmingham

Lambert Smith Hampton

Reference: 170154656

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

Photo 35

Price history

Event	Date	Price	% change
Sold	24/03/2025 (1 year ago)	£165,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
56 MOLE STREET, BIRMINGHAM, WEST MIDLANDS, B11 1XA	£425,000	18/02/2025	Other
MAJESTIC TOWELS MOLE STREET, BIRMINGHAM, WEST MIDLANDS, B11 1XA	£550,000	29/03/2023	Other
STARTFORD ROAD BAPTIST CHURCH STRATFORD ROAD, SPARKHILL, BIRMINGHAM, WEST MIDLANDS, B11 1AA	£975,000	17/03/2023	Other

Area average: £650,000 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 260.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Birmingham. Series: All dwelling types. As of April 2026.

1y (index) 0.8%

5y (index) 15.6%

10y (index) 54.6%

Rental Range

Estimated market rent for Birmingham. Low = conservative, Realistic = average, Optimistic = best case.

Low £979/mo

Realistic £1,088/mo

Optimistic £1,197/mo

Based on Local Authority from postcode lookup → Birmingham.

LHA (30th percentile) floor for Birmingham: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View B11 1XA

Address

64 Mole Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Intertruck	0.1 miles
Bus stop	Mole St / Stratford Road	0.1 miles
Bus stop	Stratford Rd / Palmerston Rd	0.1 miles
Shop	Omar	0.1 miles
Train station	Small Heath	0.7 miles
Train station	Bordesley	0.9 miles
University	BIMM University Birmingham	1.2 miles
University	University of Birmingham School of Dentistry	1.8 miles
Hospital	West Heath Hospital	5.4 miles
Hospital	Brian Oliver Centre	5.5 miles

Street-level crime

Category	Count
Violence and sexual offences	346
Vehicle crime	74
Criminal damage and arson	60
Other theft	57
Drugs	49
Public order	48
Burglary	27
Possession of weapons	23
Other crime	22
Robbery	17
Anti-social behaviour	14
Shoplifting	11
Theft from the person	9
Bicycle theft	4
Total incidents	761

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Ladypool Primary School	Primary	0.1 miles	Good — 5 Jun 2017
Conway Primary School	Primary	0.3 miles	— (Inspected (no overall grade))
Nelson Mandela School	Primary	0.3 miles	Good — 18 Jul 2024
R.Y.A.N Education Academy	Other	0.3 miles	Good — 16 Jan 2022
Christ Church CofE Controlled Primary School and Nursery	Primary	0.3 miles	Outstanding — 20 Dec 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
4 Bed Semi-Detached House, Priestley Road, B11	£1,450/mo	4	0.32 miles	OpenRent
4 Bed Semi-Detached House, Sparkbrook, B11	£1,450/mo	4	0.32 miles	OpenRent
2 Bed Terraced House, Griffiths Close, B12	£1,400/mo	2	0.58 miles	OpenRent
2 Bed Flat, Eden Avenue, B12	£2,350/mo	2	0.6 miles	OpenRent
2 Bed End Terrace, Eden Avenue, B12	£2,950/mo	2	0.6 miles	OpenRent
2 Bed End Terrace, Eden Avenue, B12	£1,700/mo	2	0.62 miles	OpenRent
3 Bed Detached House, Lanchester Close, B12	£2,000/mo	3	0.63 miles	OpenRent
2 Bed Flat, Parkes Avenue, B12	£2,200/mo	2	0.63 miles	OpenRent
4 Bed Detached House, Parkes Avenue, B12	£2,250/mo	4	0.63 miles	OpenRent
1 Bed Flat, Dolphin Road, B11	£800/mo	1	0.67 miles	OpenRent
2 Bed Terraced House, Parkes Avenue, B12	£2,950/mo	2	0.68 miles	OpenRent
4 Bed Semi-Detached House, Augusta Road East, B13	£3,549/mo	4	0.78 miles	OpenRent
Studio Flat, Park Rd, B13	£975/mo	1	0.81 miles	OpenRent

Average rent: £2,002/mo (13 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 200000%

Max investor price (0.8%) £250,000

Target investor price (1%) £200,000

Gross yield 2400000%

Monthly cashflow £1,775/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 7344811.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).