# 2 bedroom flat for sale (B32 2AR)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, 56 MARTINEAU DRIVE, BIRMINGHAM, HARBORNE, WEST MIDLANDS B32 2AR |
| Price | £199,950 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Floor area | 66 m² |
| Last sold | £195,000 Sep 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 05/12/2026
- **Current heating cost:** £214/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0168-6955-7362-4386-8920)

## 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.

## Property Photos

- ![Martineau Front Elevation.jpg](/listings/photos/152079953/341477) - Martineau Front Elevation.jpg
- ![Photo](/listings/photos/152079953/341478)
- ![Photo](/listings/photos/152079953/341479)
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- ![Photo](/listings/photos/152079953/341481)
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- ![Photo](/listings/photos/152079953/341483)
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- ![Photo](/listings/photos/152079953/341485)
- ![Photo](/listings/photos/152079953/341486)
- ![Photo](/listings/photos/152079953/341487)
- ![Martineau Front Elevation2.jpg](/listings/photos/152079953/341488) - Martineau Front Elevation2.jpg

## EPC Graphs

- ![EPC 1](/listings/photos/152079953/341490) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 56 FLAT 2 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR | £195,000 | 08/09/2025 | Flat |
| 56 FLAT 2 MARTINEAU DRIVE, HARBORNE, BIRMINGHAM, WEST MIDLANDS, B32 2AR | £169,995 | 23/12/2016 | 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 |
|---------|-------|------|------|
| [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 | £134,750 | 14/11/2022 | Semi-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] 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)

## Price vs local average

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

- **Local average:** £134,000 (8 Flat, B32, 2024–2026)
- **Deviation:** +49.2%

## Rental Range

*ONS Price Index of Private Rents (Birmingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £977/mo
- **Realistic:** £1,086/mo
- **Optimistic:** £1,195/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Black Country (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £623/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 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)**

## 1% Rule

- **Rent ratio:** 1.28% (strong)
- **Max investor price (0.8%):** £319,125
- **Target investor price (1%):** £255,300

*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 £2,553/mo).*

- **Gross yield:** 15.3%
- **Cost-to-rent:** 6.5×
- **Monthly cashflow:** £1,485/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 30.7%

*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).*

## Price per Square Metre

- **£/m²:** £3,030/m²

## Capital growth trend

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

- **5y growth:** 44.4%
- **10y growth:** 121%

## 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)