Sold STC Flat

APARTMENT 3

16 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS B15 2BG

2 beds 1 baths 66 m² Listed 8 Jan 2024 (-926d)

£240,000

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# 2 bedroom apartment for sale (B15 2BG)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 3, 16 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS B15 2BG |
| Price | £240,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £230,000 Jul 2024 |

## Description

Introducing a modern and stylish 2-bedroom apartment, boasting a range of desirable features. This stunning property offers a spacious and comfortable living space, perfect for individuals or couples seeking a contemporary home. Step inside and be greeted by an abundance of natural light, with large windows enhancing the airy atmosphere.

The apartment also benefits from a private balcony, providing a tranquil outdoor space to relax and unwind. Off-street parking ensures convenience and peace of mind for residents.

Situated in a sought-after location, residents will enjoy easy access to local amenities, including shops, restaurants, and leisure facilities. Excellent transport links are also within close proximity, making commuting a breeze. With its modern design and convenient location, this apartment is an ideal choice for those seeking a comfortable and contemporary lifestyle. Don't miss out, book your viewing today!

Important Information:

Service Charge: £2,930 pa

Ground Rent: £100.00 pa

Years remaining on lease: 129

Council Tax Band: B

EPC Rating: B

## Property Photos

- ![Picture No. 20](/listings/photos/143447648/1357057) - Picture No. 20
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## Floorplans

- ![Floorplan](/listings/photos/143447648/1357077) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/143447648/1357078) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 APARTMENT 3 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £230,000 | 18/07/2024 | Flat |
| 16 APARTMENT 3 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £194,000 | 06/06/2018 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 105 APARTMENT 24 BELL BARN ROAD, BIRMINGHAM, WEST MIDLANDS, B15 2GL | £225,000 | 08/01/2026 | Flat |
| 2 APARTMENT 9 LANGLEY WALK, BIRMINGHAM, WEST MIDLANDS, B15 2EN | £135,000 | 19/12/2025 | Flat |
| 50 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BH | £72,000 | 28/11/2025 | Flat |
| SKYLINE, 165 APARTMENT 76 GRANVILLE STREET, BIRMINGHAM, WEST MIDLANDS, B1 1JW | £135,000 | 11/11/2025 | Flat |
| 61 APARTMENT 3 MASON WAY, BIRMINGHAM, WEST MIDLANDS, B15 2GE | £147,000 | 11/01/2025 | Flat |
| 10 MASON WAY, BIRMINGHAM, WEST MIDLANDS, B15 2EY | £185,000 | 06/11/2023 | Flat |
| 105 APARTMENT 10 BELL BARN ROAD, BIRMINGHAM, WEST MIDLANDS, B15 2GL | £210,000 | 20/10/2023 | Flat |
| 2 APARTMENT 6 LEE BANK MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B15 2BE | £185,000 | 19/09/2023 | Flat |
| 29 APARTMENT 25 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2DF | £160,000 | 25/08/2023 | Flat |
| [Same street] 16 APARTMENT 14 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £232,000 | 22/08/2023 | Flat |
| 26 APARTMENT 38 WHEELEYS LANE, BIRMINGHAM, WEST MIDLANDS, B15 2DX | £280,000 | 14/08/2023 | Flat |
| 29 APARTMENT 49 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2DF | £292,600 | 10/07/2023 | Flat |
| 56 APARTMENT 17 BATH ROW, BIRMINGHAM, WEST MIDLANDS, B15 2DG | £215,000 | 07/07/2023 | Flat |
| 48 APARTMENT 24 MASON WAY, BIRMINGHAM, WEST MIDLANDS, B15 2EE | £135,000 | 19/04/2023 | Flat |
| 26 APARTMENT 17 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX | £136,000 | 14/04/2023 | Flat |
| 26 APARTMENT 16 WHEELEYS LANE, BIRMINGHAM, WEST MIDLANDS, B15 2DX | £194,000 | 14/03/2023 | Flat |
| 26 APARTMENT 3 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX | £145,000 | 09/01/2023 | Flat |
| 26 APARTMENT 6 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX | £140,000 | 06/01/2023 | Flat |
| 26 APARTMENT 29 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX | £225,000 | 21/12/2022 | Flat |
| 2 APARTMENT 8 LANGLEY WALK, BIRMINGHAM, WEST MIDLANDS, B15 2EN | £225,000 | 16/12/2022 | Flat |
| 35 FLAT 2 GRANT STREET, BIRMINGHAM, WEST MIDLANDS, B15 2EH | £200,000 | 13/12/2022 | Flat |
| [Same street] 42 APARTMENT 4 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £135,000 | 06/09/2022 | Flat |
| [Same street] 16 APARTMENT 16 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £219,950 | 23/05/2022 | Flat |
| [Same street] 26 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £207,500 | 20/05/2022 | Flat |
| [Same street] 42 APARTMENT 5 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG | £142,000 | 04/03/2022 | Flat |

**Street average:** £187,290 (5 sales)
**Area average:** £182,080 (20 sales)

## Price vs local average

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

- **Local average:** £217,286 (14 Flat, B15, 2024–2026)
- **Deviation:** +10.5%

## 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).*

- **LHA floor (this property size):** £748/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Flat, Mason Way, B15 | £1,400/mo | 2 | 0.05 miles | OpenRent |
| 2 Bed Flat, Cregoe St, B15 | £1,250/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Wheeleys Lane, B15 | £1,200/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Penthouse, Skyline, B1 | £2,000/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Skyline, B1 | £2,600/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Skyline, B1 | £2,500/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Skyline, B1 | £2,600/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Granville St, B1 | £2,500/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Granville Street, B1 | £1,250/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, St. Catherines Close, B15 | £1,400/mo | 2 | 0.21 miles | OpenRent |

**Average rent: £1,870/mo (10 listings)**

## 1% Rule

- **Rent ratio:** 0.71% (weak for cashflow)
- **Max investor price (0.8%):** £212,500
- **Target investor price (1%):** £170,000

*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 £1,700/mo).*

- **Gross yield:** 8.5%
- **Cost-to-rent:** 11.8×
- **Monthly cashflow:** £560/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.7%

*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:** -31.6%
- **10y growth:** 27%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2.6%
- **5y growth (index):** 5%
- **10y growth (index):** 36.2%

## 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

Tenure

LEASEHOLD (128 years remaining on lease)

Floor area

66 m²

Council tax band

TBC

Last sold

£230,000 Jul 2024

Local average

£217,286 (+10.5%)

Deprivation

Decile 4 (10,610 of 33,755)

Street crime

1608 incidents within 1 mile (May 2026)

Additional details

Parking: Yes

Description

PARK CENTRAL | Two Bedrooms | Refurbished throughout | Balcony Facing Park | Secure and allocated parking |

Introducing a modern and stylish 2-bedroom apartment, boasting a range of desirable features. This stunning property offers a spacious and comfortable living space, perfect for individuals or couples seeking a contemporary home. Step inside and be greeted by an abundance of natural light, with large windows enhancing the airy atmosphere.

The apartment also benefits from a private balcony, providing a tranquil outdoor space to relax and unwind. Off-street parking ensures convenience and peace of mind for residents.

Situated in a sought-after location, residents will enjoy easy access to local amenities, including shops, restaurants, and leisure facilities. Excellent transport links are also within close proximity, making commuting a breeze. With its modern design and convenient location, this apartment is an ideal choice for those seeking a comfortable and contemporary lifestyle. Don't miss out, book your viewing today!

Important Information:

Service Charge: £2,930 pa
Ground Rent: £100.00 pa
Years remaining on lease: 129
Council Tax Band: B
EPC Rating: B

Listed by

Edgbaston - HQ

DAVIDSON ESTATES LTD

Reference: 143447648

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)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

19% since 2018

Event	Date	Price	% change
Sold	18/07/2024 (2 years ago)	£230,000	+18.6%
Sold	06/06/2018 (8 years ago)	£194,000	—

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
105 APARTMENT 24 BELL BARN ROAD, BIRMINGHAM, WEST MIDLANDS, B15 2GL	£225,000	08/01/2026	Flat
2 APARTMENT 9 LANGLEY WALK, BIRMINGHAM, WEST MIDLANDS, B15 2EN	£135,000	19/12/2025	Flat
50 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BH	£72,000	28/11/2025	Flat
SKYLINE, 165 APARTMENT 76 GRANVILLE STREET, BIRMINGHAM, WEST MIDLANDS, B1 1JW	£135,000	11/11/2025	Flat
61 APARTMENT 3 MASON WAY, BIRMINGHAM, WEST MIDLANDS, B15 2GE	£147,000	11/01/2025	Flat
10 MASON WAY, BIRMINGHAM, WEST MIDLANDS, B15 2EY	£185,000	06/11/2023	Flat
105 APARTMENT 10 BELL BARN ROAD, BIRMINGHAM, WEST MIDLANDS, B15 2GL	£210,000	20/10/2023	Flat
2 APARTMENT 6 LEE BANK MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B15 2BE	£185,000	19/09/2023	Flat
29 APARTMENT 25 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2DF	£160,000	25/08/2023	Flat
Same street 16 APARTMENT 14 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG	£232,000	22/08/2023	Flat
26 APARTMENT 38 WHEELEYS LANE, BIRMINGHAM, WEST MIDLANDS, B15 2DX	£280,000	14/08/2023	Flat
29 APARTMENT 49 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2DF	£292,600	10/07/2023	Flat
56 APARTMENT 17 BATH ROW, BIRMINGHAM, WEST MIDLANDS, B15 2DG	£215,000	07/07/2023	Flat
48 APARTMENT 24 MASON WAY, BIRMINGHAM, WEST MIDLANDS, B15 2EE	£135,000	19/04/2023	Flat
26 APARTMENT 17 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX	£136,000	14/04/2023	Flat
26 APARTMENT 16 WHEELEYS LANE, BIRMINGHAM, WEST MIDLANDS, B15 2DX	£194,000	14/03/2023	Flat
26 APARTMENT 3 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX	£145,000	09/01/2023	Flat
26 APARTMENT 6 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX	£140,000	06/01/2023	Flat
26 APARTMENT 29 LONGLEAT AVENUE, BIRMINGHAM, WEST MIDLANDS, B15 2EX	£225,000	21/12/2022	Flat
2 APARTMENT 8 LANGLEY WALK, BIRMINGHAM, WEST MIDLANDS, B15 2EN	£225,000	16/12/2022	Flat
35 FLAT 2 GRANT STREET, BIRMINGHAM, WEST MIDLANDS, B15 2EH	£200,000	13/12/2022	Flat
Same street 42 APARTMENT 4 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG	£135,000	06/09/2022	Flat
Same street 16 APARTMENT 16 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG	£219,950	23/05/2022	Flat
Same street 26 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG	£207,500	20/05/2022	Flat
Same street 42 APARTMENT 5 ALFRED KNIGHT WAY, BIRMINGHAM, WEST MIDLANDS, B15 2BG	£142,000	04/03/2022	Flat

Street average: £187,290 (5 sales)

Area average: £182,080 (20 sales)

Capital growth trend

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

5y growth -31.6%

10y growth 27%

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

1y (index) -2.6%

5y (index) 5%

10y (index) 36.2%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: AWA INVESTMENTS LIMITED (05648230)

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: £748/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View B15 2BG

Nearby

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

Type	Name	Distance
Shop	Mason's Local	0.1 miles
Bus stop	Lee Bank Middleway / Lee Crescent	0.1 miles
Shop	Halfords Autocentre	0.2 miles
Train station	Five Ways	0.2 miles
Train station	Birmingham New Street	0.6 miles
University	BIMM University Birmingham	1.1 miles
University	University of Birmingham School of Dentistry	1.5 miles
Hospital	West Heath Hospital	5.4 miles
Hospital	Brian Oliver Centre	6.9 miles

Street-level crime

Category	Count
Violence and sexual offences	653
Shoplifting	206
Other theft	120
Public order	106
Criminal damage and arson	95
Vehicle crime	75
Drugs	64
Anti-social behaviour	62
Theft from the person	56
Burglary	55
Robbery	49
Possession of weapons	44
Other crime	14
Bicycle theft	9
Total incidents	1608

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
St Thomas Centre Nursery School	Nursery	0.1 miles	Good — 18 Sep 2024
James Brindley School	Other	0.1 miles	Good — 8 Feb 2017
City Academy	Secondary	0.1 miles	Requires improvement — 2 May 2023
St Thomas Church of England Primary School	Primary	0.2 miles	Outstanding — 16 Apr 2013
Oasis Academy Woodview	Primary	0.3 miles	Requires improvement — 20 Oct 2022

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
2 Bed Flat, Mason Way, B15	£1,400/mo	2	0.05 miles	OpenRent
2 Bed Flat, Cregoe St, B15	£1,250/mo	2	0.07 miles	OpenRent
2 Bed Flat, Wheeleys Lane, B15	£1,200/mo	2	0.16 miles	OpenRent
2 Bed Penthouse, Skyline, B1	£2,000/mo	2	0.17 miles	OpenRent
2 Bed Flat, Skyline, B1	£2,600/mo	2	0.17 miles	OpenRent
2 Bed Flat, Skyline, B1	£2,500/mo	2	0.19 miles	OpenRent
2 Bed Flat, Skyline, B1	£2,600/mo	2	0.19 miles	OpenRent
2 Bed Flat, Granville St, B1	£2,500/mo	2	0.2 miles	OpenRent
2 Bed Flat, Granville Street, B1	£1,250/mo	2	0.2 miles	OpenRent
2 Bed Flat, St. Catherines Close, B15	£1,400/mo	2	0.21 miles	OpenRent

Average rent: £1,870/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.71%

Max investor price (0.8%) £212,500

Target investor price (1%) £170,000

Gross yield 8.5%

Cost-to-rent ratio 11.8×

Monthly cashflow £560/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 9.7%

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).