Sold STC Flat

FLAT 4

WARLEY HOUSE, ABBEY ROAD, SMETHWICK, WEST MIDLANDS B67 5LN

2 beds 1 baths 721 sq ft Listed 5 Dec 2022 (-1265d)

£135,000

Reduced on 19 Dec 2022

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Property details

Tenure

LEASEHOLD

Floor area

67 m²

EPC rating

D

Year built

England and Wales: 1967-1975

Last sold

£112,000 Mar 2023

Price per m²

£2,015/m²

Local average

£107,000 (+26.2%)

Deprivation

Decile 4 (13,030 of 33,755)

Street crime

403 incidents within 1 mile (Mar 2026)

Key features

  • No Chain
  • Estimated Rent Achievable (After Refurb) - £900pcm (8% Yield)
  • Duplex Flat
  • Gas Central Heating
  • Good Transport Links
  • Communal Garden
  • Close To Warley Woods

Additional details

Parking
On street

Description

** ** This duplex flat should offer everything you would need, whether you are taking your first steps onto the property ladder or you are looking to expand your property portfolio as an investor. The property consists of entrance hall, spacious lounge/diner, large kitchen and on the first floor you will find two double bedrooms and a family bathroom. This property also benefits from extra private storage in the communal hallway and a communal garden at the rear of the building.

For those of you unfamiliar with the area itself is always popular with first time buyers and investors. The property is within easy reach of both Harborne and Bearwood High Street with local shops and amenities. There are a good choice of local schools and lots of open green spaces nearby with Warley Woods and Golf Course 5 minutes walk away.

We could go on and on, but to fully appreciate this superb home an internal viewing will be required. The property is being sold with no forward chain and we anticipate high demand for this property, so hurry and book your viewing. We look forward to your call.

ROOM SIZES:

GROUND FLOOR:
Hallway
Lounge/Diner: 15' 6" x 10' 4" (4.72m x 3.15m)
Kitchen: 12' 2" x 9' 1" (3.71m x 2.77m)

FIRST FLOOR:
Landing
Storage Cupboard
Bedroom One: 15' 6" x 10' 4" (4.72m x 3.15m)
Bedroom Two: 12' 2" x 9' 2" (3.71m x 2.79m)
Bathroom: 6' 0" x 5' 3" (1.83m x 1.6m)

OUTSIDE
Storage Cupboard
Communal Garden

LEASEHOLD INFORMATION:
Lease Length - 125 years from 1 April 1999 (102 Years Left)
Service Charge - £780 pa
Ground rent - £10 pa

Lease, ground rent, maintenance details and tenancy details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor. 

Listed by

Harborne

The Property Franchise Group

Reference: 129733064

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 05/12/2022

Current heating cost: £569/year

Potential heating cost: £514/year

Est. upgrade cost to C: £5,000

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)

View full EPC on gov.uk

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 20/03/2023 (3 years ago) £112,000

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
142A PARK ROAD, SMETHWICK, SANDWELL, WEST MIDLANDS, B67 5HU £118,000 03/07/2023 Flat

Area average: £118,000 (1 sale)

Capital growth trend

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

5y growth 57.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Sandwell. Series: Flats and maisonettes. As of February 2026.

1y (index) -2.7%
5y (index) 18.5%
10y (index) 54.8%

Rental Range

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

Low £845/mo
Realistic £939/mo
Optimistic £1,033/mo

Based on Local Authority from postcode lookup → Sandwell.

LHA (30th percentile) floor for Birmingham: £748/mo (Apr 2025 – Mar 2026)

Location

Address

73 Abbey Road

Nearby

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

Type Name Distance
Bus stop Abbey Rd / Barclay Rd 0.1 miles
Shop Mr Models 0.1 miles
Shop Midland Electrical 0.1 miles
Train station Smethwick Rolfe Street 1.4 miles
Train station Langley Green 1.6 miles
University University of Birmingham School of Dentistry 3.3 miles
University BIMM University Birmingham 4.0 miles
Hospital Bilston Street Surgery 7.5 miles
Hospital Brian Oliver Centre 9.9 miles

Street-level crime

Category Count
Violence and sexual offences 197
Vehicle crime 30
Criminal damage and arson 29
Public order 28
Shoplifting 25
Other theft 20
Possession of weapons 18
Burglary 12
Drugs 12
Anti-social behaviour 11
Other crime 11
Robbery 9
Theft from the person 1
Total incidents 403

Within 1 mile during Mar 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
Abbey Infant School Primary 0.1 miles Good — 5 Jun 2013
Abbey Junior School Primary 0.1 miles Good — 1 Jun 2015
St Gregory's Catholic Primary School Primary 0.1 miles Outstanding — 7 Apr 2019
Bearwood Primary School Primary 0.3 miles Good — 30 Apr 2014
Annie Lennard Primary School Primary 0.4 miles (Inspected (no overall grade))

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom estimate from EPC for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.7%
Max investor price (0.8%) £117,375
Target investor price (1%) £93,900
  • 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).