Sold Flat

FLAT 2

56 MARTINEAU DRIVE, BIRMINGHAM, HARBORNE, WEST MIDLANDS B32 2AR

2 beds 1 baths 710 sq ft Listed 5 Sep 2024 (-646d)

£199,950

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Property details

Tenure

LEASEHOLD (117 years remaining on lease)

Floor area

66 m²

Council tax band

B

Last sold

£195,000 Sep 2025

Price per m²

£3,030/m²

Local average

£134,000 (+49.2%)

Deprivation

Decile 3 (7,836 of 33,755)

Street crime

222 incidents within 1 mile (Apr 2026)

Key features

  • Superbly Presented Modern Apartment
  • Two Double Bedrooms
  • Fantastic Location just Outside Harborne Village
  • Allocated Off- Street Parking
  • Ground Floor
  • Excellent Links to QE Medical Complex and Birmingham City Centre
  • No Upward Chain
  • EPC Rating - C

Additional details

Parking
Yes

Description

An immaculately presented and deceptively spacious ground floor apartment situated within this quiet and sought-after residential development. The property provides fantastic open plan living and is perfectly located for convenient access into Harborne High Street and QE Medical Complex. Additionally benefiting from allocated parking and No Upward Chain.

The property has a secure communal entrance and is fully double glazed with gas central heating, the internal accommodation briefly comprises entrance hallway, spacious open plan living/dining/kitchen accommodation, two large double bedrooms and a family bathroom suite.

The apartment is ideally positioned for the immediate access to Harborne Village, renowned for its award winning restaurants, stunning bars and a variety of shopping facilities including Marks and Spencer's and Waitrose. Birmingham City Centre is readily accessible via the Hagley Road with all the shopping, entertainment and leisure facilities as well as transport links to other major cities. The immediate location also provides convenient access to local motorway links.

Entrance Hall - Providing access to all accommodation comprising double door cloakroom and storage cupboard and voice intercom system.

Open Plan Living Kitchen - 5.61m x 6.78m Max - With dual aspect double glazed windows to front and side aspects providing plenty of natural light, the living area provides ample space for both living and dining room furniture comprising two panel radiators and telephone and TV point.

Kitchen Area - Fully fitted kitchen comprising oak style wall and base units with wood effect work surfaces, stainless steel sink and drainer, integrated oven and gas hob with extractor fan above, space and plumbing for washing machine and fridge freezer, panel radiator and extractor fan.

Bedroom One - 3.68m into door recess x 6.27m Max - A large double bedroom with double glazed window to front aspect and panel radiator under and TV point,

Bedroom Two - 3.05m x 3.28m - A second spacious double bedroom with double glazed window to front aspect and panel radiator under.

Bathroom - Partly tiled bathroom with double glazed obscure window to rear, comprising low level WC, pedestal wash hand basin , bath with chrome mixer taps and electric shower above, panel radiator and extractor fan.

Communal Gardens - Set within wonderful landscaped grounds with an allocated parking bay.

Leasehold Information - We understand that the property is a leasehold with approximately 118 years remaining on the lease, with an annual service charge payable of approximately £1495.32 and a £150 annual ground rent payable. (Please ensure your solicitor verifies the lease and service charge information prior to purchase).

Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute’s Assured Compliance service to facilitate the AML checks. A fee will be charged for each individual AML check conducted.

Listed by

Harborne

Hunters Property Group Ltd

Reference: 152079953

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)

EPC Graphs

EPC 1

EPC 1

Price history

15% since 2016

Event Date Price % change
Sold 08/09/2025 (9 months ago) £195,000 +14.7%
Sold 23/12/2016 (9 years ago) £169,995

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
Same street FLAT 6, 54 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £202,000 08/08/2025 Flat
Same street 58 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £528,000 19/12/2022 Detached
Same street 22 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £275,000 14/11/2022 Semi-detached
Same street 22 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £275,000 14/11/2022 Terraced
Same street 22 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £134,750 14/11/2022 Semi-detached
Same street FLAT 6, 56 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £197,000 11/11/2022 Flat
Same street 48 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £330,000 13/05/2022 Terraced
Same street 2 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £428,500 06/01/2022 Detached
Same street FLAT 1, 54 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £177,000 23/09/2021 Flat
Same street 18 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR £233,000 24/06/2021 Terraced

Street average: £278,025 (10 sales)

Capital growth trend

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

5y growth 44.4%
10y growth 121%

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 Black Country: £623/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Court Oak Rd / The Court Oak 0.1 miles
Bus stop Court Oak Rd / Court Oak Grove 0.1 miles
Shop Park & Shop 0.2 miles
Shop Dr IT Services - Computer Repair, Laptop Repair & Data Recovery 0.3 miles
Hospital Woodbourne Priory Hospital 1.1 miles
Hospital Birmingham Women's Hospital 1.5 miles
University University of Birmingham Pritchatts Park Village 1.7 miles
University Unknown 1.7 miles
Train station University 1.8 miles
Train station Selly Oak 2.2 miles

Street-level crime

Category Count
Violence and sexual offences 80
Vehicle crime 34
Other theft 20
Criminal damage and arson 18
Shoplifting 18
Burglary 13
Public order 10
Anti-social behaviour 7
Possession of weapons 5
Robbery 5
Drugs 4
Bicycle theft 3
Theft from the person 3
Other crime 2
Total incidents 222

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
Our Lady of Fatima Catholic Primary School Primary 0.4 miles Requires improvement — 4 Feb 2024
Woodhouse Primary Academy Primary 0.4 miles Good — 11 Sep 2015
Queen Alexandra College Other 0.5 miles (No rating)
Baskerville School Other 0.5 miles Good — 28 Feb 2013
Welsh House Farm Community School and Special Needs Resources Base Primary 0.6 miles Good — 20 May 2024

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 Detached House, Hagley Road West, B68 £3,740/mo 2 0.55 miles OpenRent
2 Bed Detached House, War Lane, B17 £1,365/mo 2 0.72 miles OpenRent

Average rent: £2,553/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.28%
Max investor price (0.8%) £319,125
Target investor price (1%) £255,300
Gross yield 15.3%
Cost-to-rent ratio 6.5×
Monthly cashflow £1,485/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 30.7%
  • 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).