Sold STC Flat

20 MERE STREET

BIRMINGHAM, WEST MIDLANDS B23 6GB

1 beds 1 baths 474 sq ft Listed 29 Jan 2026 (-137d)

£100,000

Offers Over

Reduced on 12 Feb 2026

Save

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Property details

Tenure

LEASEHOLD (133 years remaining on lease)

Floor area

44 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£92,500 May 2024

Price per m²

£2,273/m²

Local average

£104,507 (-4.3%)

Deprivation

Decile 1 (3,218 of 33,755)

Street crime

650 incidents within 1 mile (Apr 2026)

Key features

  • Ground floor one bedroom apartment
  • Communal parking
  • Close to local amenities
  • Close to public transport links
  • Ideal for first time buyers or investors
  • 133 years on the lease

Additional details

Parking
Yes

Description

Dixons are pleased to introduce this one bedroom, ground floor apartment situated on the popular Highcroft Hall development in the heart of Erdington.

This property has 133 years remaining on the lease and is situated close to local shopping amenities and schools. Commuters will appreciate the readily-available bus links to surrounding towns & Birmingham city centre, while Gravelly Hill & Erdington train stations provide convenient cross-country rail services for seamless connectivity.

The property has been modernised and is well-presented throughout, ideal for first time buyers and investors alike.
The accommodation we offer briefly comprises of a living room, fully fitted kitchen, master bedroom and a family bathroom.

Viewing is highly recommended.

Listed by

Erdington

Countrywide UK Sales - Connells

Reference: 171608945

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 30/01/2026

Expiry date: 29/01/2036

Current heating cost: £675/year

Potential heating cost: £404/year

Est. upgrade cost to C: £2,450

Recommendations

  • Draughtproof single-glazed windows (£150 - £250)
  • High heat retention storage heaters (£800 - £1,600)
  • Heat recovery system for mixer showers (£600 - £1,500)

View full EPC on gov.uk

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Floorplans

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EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Listed for sale £100,000 +8.1%
Sold 24/05/2024 (2 years ago) £92,500

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
HIGHCROFT HALL APARTMENT 101 HIGHCROFT ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6GS £100,000 16/01/2026 Flat
4 HIGHCROFT VILLAS, BIRMINGHAM, WEST MIDLANDS, B23 6GQ £221,250 14/01/2026 Flat
102 TOWER ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6GJ £121,000 19/12/2025 Flat
49 BOUNDARY ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6GN £135,000 05/12/2025 Flat
7 NORTHCROFT WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GD £135,000 21/11/2025 Flat
4 NORTHCROFT WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GE £136,000 14/11/2025 Flat
7 BOUNDARY ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6GN £125,000 31/10/2025 Flat
10 NORTHCROFT WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GE £105,000 31/01/2025 Flat
28 HOSPITAL STREET, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6GA £122,000 20/12/2023 Flat
4 RAVENHURST MEWS, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6AZ £52,500 20/12/2023 Flat
16 STAFF WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GG £133,000 15/12/2023 Flat
96 NORTHCROFT WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GE £123,700 27/11/2023 Flat
12 STAFF WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GG £138,500 10/11/2023 Flat
Same street 18 MERE STREET, BIRMINGHAM, WEST MIDLANDS, B23 6GB £127,000 03/11/2023 Flat
88 BOUNDARY ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6GN £135,000 30/10/2023 Flat
73 CITY VIEW, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6GP £147,000 28/09/2023 Flat
112 NORTHCROFT WAY, BIRMINGHAM, WEST MIDLANDS, B23 6GE £128,500 04/08/2023 Flat
HIGHCROFT HALL APARTMENT 205 HIGHCROFT ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6GS £154,500 03/07/2023 Flat
107 FENTHAM ROAD, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6AL £80,000 27/06/2023 Flat
HIGHCROFT HALL APARTMENT 215 HIGHCROFT ROAD, BIRMINGHAM, WEST MIDLANDS, B23 6GS £180,000 19/06/2023 Flat
19 RAVENHURST MEWS, ERDINGTON, BIRMINGHAM, WEST MIDLANDS, B23 6AZ £50,000 13/04/2023 Flat
Same street 34 MERE STREET, BIRMINGHAM, WEST MIDLANDS, B23 6GB £120,000 15/03/2023 Flat
Same street 6 MERE STREET, BIRMINGHAM, WEST MIDLANDS, B23 6GB £127,000 05/08/2022 Flat
Same street 16 MERE STREET, BIRMINGHAM, WEST MIDLANDS, B23 6GB £122,000 02/08/2022 Flat
Same street 14 MERE STREET, BIRMINGHAM, WEST MIDLANDS, B23 6GB £130,000 28/06/2022 Flat
Same street 12 MERE STREET, BIRMINGHAM, WEST MIDLANDS, B23 6GB £114,500 30/06/2021 Flat

Street average: £123,417 (6 sales)

Area average: £126,148 (20 sales)

Capital growth trend

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

5y growth -26.1%
10y growth -2%

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 £977/mo
Realistic £1,086/mo
Optimistic £1,195/mo

Based on Local Authority from postcode lookup → Birmingham.

LHA (30th percentile) floor for Birmingham: £693/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Reservoir Rd / Milverton Road 0.2 miles
Bus stop Reservoir Rd / Milverton Rd 0.2 miles
Train station Gravelly Hill 0.4 miles
Shop Farmfoods 0.5 miles
Shop Iceland 0.5 miles
Train station Erdington 0.8 miles
University Maryvale Institute 2.6 miles
University BIMM University Birmingham 3.3 miles
Hospital Brian Oliver Centre 5.7 miles
Hospital Sir Robert Peel Community Hospital 8.8 miles

Street-level crime

Category Count
Violence and sexual offences 279
Shoplifting 61
Criminal damage and arson 56
Vehicle crime 48
Drugs 42
Burglary 36
Public order 36
Other theft 28
Robbery 24
Possession of weapons 15
Other crime 9
Anti-social behaviour 8
Theft from the person 5
Bicycle theft 3
Total incidents 650

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
Featherstone Nursery School Nursery 0.1 miles Good — 28 Nov 2012
Oscott Manor School Other 0.2 miles Inadequate — 8 Sep 2024
Ss Mary & John Catholic Primary School Primary 0.3 miles Good — 8 May 2023
Featherstone Primary School Primary 0.4 miles Good — 6 Feb 2023
Stockland Green School Secondary 0.5 miles Good — 20 Dec 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, South Road, B23 £106/mo 1 0.3 miles OpenRent
1 Bed Flat, Wentworth Court, B24 £875/mo 1 0.4 miles OpenRent
1 Bed Flat, Wentworth Court, B24 £900/mo 1 0.4 miles OpenRent

Average rent: £627/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.88%
Max investor price (0.8%) £109,375
Target investor price (1%) £87,500
Gross yield 10.5%
Cost-to-rent ratio 9.5×
Monthly cashflow £369/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.3%
  • 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).
  • 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).