Sold Flat

4 OXFORD ROAD

BIRMINGHAM, ERDINGTON, WEST MIDLANDS B23 6UX

1 baths 136 m² Listed 26 Feb 2018 (-3040d)

£99,000

Reduced on 18 May 2018

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# Studio apartment for sale (B23 6UX)

## Property Details

| Key | Value |
|-----|-------|
| Address | 4 OXFORD ROAD, BIRMINGHAM, ERDINGTON, WEST MIDLANDS B23 6UX |
| Price | £99,000 |
| Bathrooms | 1 |
| Last sold | £200,000 May 2018 |

## Description

Birmingham has been identified as one of the strongest regional locations for residential investment, with an abundance of regeneration projects alive in all quarters of the city and surrounding areas.

Location information

Erdington High Street 200m

Erdington Leisure Centre 200m

Erdington Train Station 400m

Train to Birmingham New Street 12 minutes

Train to Birmingham Airport via New Street 19 minutes

Train to London via Birmingham New Street 86 minutes

One bedroom apartments start at £99,950 - a significant discount from current Birmingham city centre prices. Renting a brand-new luxury one bedroom apartment will start from £595pcm, compared to city centre rental prices of £795pcm upwards. Attractive proposition for anyone looking for a city centre style apartment with affordable pricing. Forming part of a wider five acre £20m retail and residential redevelopment and surrounded by a mix of both new and traditional homes.

Leasehold : 125 years

Completion date: Estimated Q4 2019

Estimated Ground Rent : £350 p.a.

Estimated Service Charge : £2 per sqft p.a

These particulars are not intended to form part of any contract. Photographs may depict general images.

## Property Photos

- ![Photo](/listings/photos/53123193/521282)
- ![Photo](/listings/photos/53123193/521283)
- ![Photo](/listings/photos/53123193/521293)
- ![Photo](/listings/photos/53123193/521299)
- ![Photo](/listings/photos/53123193/521306)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX | £200,000 | 11/05/2018 | Semi-detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 160 SOUTH ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6EL | £105,000 | 20/12/2023 | Flat |
| 106 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG | £58,000 | 23/11/2023 | Flat |
| [Same street] 16 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX | £265,000 | 12/10/2023 | Semi-detached |
| [Same street] 2 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX | £210,000 | 03/10/2023 | Semi-detached |
| 10 COTON LANE, BIRMINGHAM, WEST MIDLANDS, B23 6TP | £110,000 | 15/09/2023 | Flat |
| 106 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG | £50,000 | 22/08/2023 | Flat |
| 72 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG | £103,500 | 20/05/2022 | Flat |
| QUEENS COURT, 310 APARTMENT 1 RESERVOIR ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6DS | £95,000 | 19/05/2022 | Flat |
| 92 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG | £115,000 | 05/04/2022 | Flat |
| 18 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG | £79,950 | 03/03/2022 | Flat |
| 30 MACHIN ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6DR | £165,000 | 11/02/2022 | Flat |
| 30A MACHIN ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6DR | £165,000 | 21/01/2022 | Flat |
| [Same street] 14 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX | £195,000 | 20/09/2021 | Semi-detached |
| 66 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG | £83,000 | 25/06/2021 | Flat |

**Street average:** £223,333 (3 sales)
**Area average:** £102,677 (11 sales)

## Price vs local average

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

- **Local average:** £103,989 (28 Flat, B23, 2024–2026)
- **Deviation:** -4.8%

## 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 Terraced House, Mason Road, B24 | £498/mo | 4 | 0.39 miles | OpenRent |

**Average rent: £498/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.5% (weak for cashflow)
- **Max investor price (0.8%):** £62,250
- **Target investor price (1%):** £49,800

*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 £498/mo).*

- **Gross yield:** 6%
- **Cost-to-rent:** 16.6×
- **Monthly cashflow:** £33/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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:** -32.2%
- **10y growth:** -5.8%

## House Price Index (HM Land Registry)

*Official index for Birmingham; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.6%
- **5y growth (index):** 4.6%
- **10y growth (index):** 34.9%

## 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)

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Property details

Floor area

136 m²

Last sold

£200,000 May 2018

Local average

£103,989 (-4.8%)

Deprivation

Decile 1 (1,694 of 33,755)

Street crime

649 incidents within 1 mile (Apr 2026)

Key features

Studio, 1 & 2 Bedroom Apartments Available
Great City Center Transport Links
High Specification Finish
Erdington Train Station 400m Away
Train to Birmingham New Street 12 minutes
Ground rent £350 pa
Service Charge £2 per sqft
Tenure: Leasehold 125 Years
Completion due Q4 2019
Great Investment Product ERV £600 PCM

Description

Good sized and well positioned studio suite, located in an exiting development of 85 luxury Studio, One and Two bedroom apartments located in the established Birmingham suburb of Erdington, just 5 miles from the city centre. Erdington’s focal point is its bustling High Street, a thriving retail centre with around 280 local businesses providing its 23,000* residents with everything they need. Residents benefit from numerous local leisure facilities including the new Erdington Leisure Centre, which includes a state-of-the-art gym and 25 metre pool. The town is also home to Erdington Abbey and Highclare School, one of the top independent schools in the West Midlands. Further local shopping and leisure destinations including the popular Star City and The Fort Shopping Centre are also within easy reach.

Birmingham has been identified as one of the strongest regional locations for residential investment, with an abundance of regeneration projects alive in all quarters of the city and surrounding areas.

Location information
Erdington High Street 200m
Erdington Leisure Centre 200m
Erdington Train Station 400m
Train to Birmingham New Street 12 minutes
Train to Birmingham Airport via New Street 19 minutes
Train to London via Birmingham New Street 86 minutes

One bedroom apartments start at £99,950 - a significant discount from current Birmingham city centre prices. Renting a brand-new luxury one bedroom apartment will start from £595pcm, compared to city centre rental prices of £795pcm upwards. Attractive proposition for anyone looking for a city centre style apartment with affordable pricing. Forming part of a wider five acre £20m retail and residential redevelopment and surrounded by a mix of both new and traditional homes.

Leasehold : 125 years
Completion date: Estimated Q4 2019
Estimated Ground Rent : £350 p.a.
Estimated Service Charge : £2 per sqft p.a

These particulars are not intended to form part of any contract. Photographs may depict general images.

Listed by

Canary Wharf

Ernest Brooks Limited

Reference: 53123193

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Price history

Event	Date	Price	% change
Sold	11/05/2018 (8 years ago)	£200,000	—

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
160 SOUTH ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6EL	£105,000	20/12/2023	Flat
106 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG	£58,000	23/11/2023	Flat
Same street 16 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX	£265,000	12/10/2023	Semi-detached
Same street 2 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX	£210,000	03/10/2023	Semi-detached
10 COTON LANE, BIRMINGHAM, WEST MIDLANDS, B23 6TP	£110,000	15/09/2023	Flat
106 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG	£50,000	22/08/2023	Flat
72 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG	£103,500	20/05/2022	Flat
QUEENS COURT, 310 APARTMENT 1 RESERVOIR ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6DS	£95,000	19/05/2022	Flat
92 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG	£115,000	05/04/2022	Flat
18 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG	£79,950	03/03/2022	Flat
30 MACHIN ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6DR	£165,000	11/02/2022	Flat
30A MACHIN ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6DR	£165,000	21/01/2022	Flat
Same street 14 OXFORD ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6UX	£195,000	20/09/2021	Semi-detached
66 SWAN GARDENS, BIRMINGHAM, WEST MIDLANDS, B23 6QG	£83,000	25/06/2021	Flat

Street average: £223,333 (3 sales)

Area average: £102,677 (11 sales)

Capital growth trend

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

5y growth -32.2%

10y growth -5.8%

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

1y (index) -3.6%

5y (index) 4.6%

10y (index) 34.9%

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 B23 6UX

Nearby

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

Type	Name	Distance
Bus stop	EN	0.1 miles
Bus stop	EL	0.1 miles
Shop	Farmfoods	0.1 miles
Shop	Iceland	0.2 miles
Train station	Erdington	0.4 miles
Train station	Gravelly Hill	0.7 miles
University	Maryvale Institute	2.7 miles
University	BIMM University Birmingham	3.7 miles
Hospital	Brian Oliver Centre	5.5 miles
Hospital	Sir Robert Peel Community Hospital	8.4 miles

Street-level crime

Category	Count
Violence and sexual offences	283
Shoplifting	62
Criminal damage and arson	54
Drugs	44
Public order	40
Vehicle crime	39
Burglary	35
Robbery	26
Other theft	24
Possession of weapons	16
Anti-social behaviour	11
Other crime	8
Theft from the person	4
Bicycle theft	3
Total incidents	649

Within 1 mile during Apr 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
Imedia School	Other	0.1 miles	Outstanding — 22 Jan 2023
Oscott Manor School	Other	0.2 miles	Inadequate — 8 Sep 2024
New Horizon Academy	Other	0.2 miles	Requires improvement — 27 Jun 2024
Featherstone Nursery School	Nursery	0.3 miles	Good — 28 Nov 2012
Featherstone Primary School	Primary	0.3 miles	Good — 6 Feb 2023

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 Terraced House, Mason Road, B24	£498/mo	4	0.39 miles	OpenRent

Average rent: £498/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%

Max investor price (0.8%) £62,250

Target investor price (1%) £49,800

Gross yield 6%

Cost-to-rent ratio 16.6×

Monthly cashflow £33/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 1.4%

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).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
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).

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