# 1 bedroom flat for sale (B16 9RR) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 5, GRIFFIN HOUSE, 231, HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS B16 9RR | | Price | £135,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | B | | Last sold | £120,000 Nov 2025 | ## Description Apartment based on the first floor of this purpose-built development, having double bedroom, good size lounge diner, balcony, re-fitted shower room, kitchen, central heating and Smart thermostat, and garage in separate block. The property has the benefit of a long lease. Conveniently located on the Hagley Road, being close to Birmingham city centre, Harborne, Edgbaston Village, Queen Elizabeth Medical Centre and the University of Birmingham. The new Midland Metro Terminus is within easy walking distance. Having a private entrance door which is accessed via steps leading from the communal grounds, the property is located on the first floor. Entrance door with spy hole leads into: **Vestibule** - Having ceiling light point, and door through to: **Hallway** - Having ceiling light point and useful storage cupboard housing the water tank and the Potterton Gold electric boiler. **Double Bedroom** - 3.78m max x 2.74m max (12'4" max x 8'11" max) - Having large UPVC double glazed window overlooking the rear garden, fitted wardrobe with sliding doors, ceiling light point and radiator. **Kitchen** - 2.72m max x 2.15m max (8'11" max x 7'0" max) - Having a range of matching gloss-fronted wall and base units, single bowl stainless steel sink drainer with mixer tap over, double glazed UPVC window, composite work surfaces, integrated electric oven with electric hob over, appliance spaces and plumbing for washing machine and dishwasher. Tiled floor and ceiling light point. Partial opening to living area. **Lounge/Dining** - 4.47m max x 3.71m max (14'7" max x 12'2" max) - Spacious lounge having wood-style flooring, sliding double glazed doors out onto the south-facing balcony, radiator and two ceiling light points. **Shower Room** - Having shower cubicle with wall-mounted electric shower over, double glazed window with obscured glass, complementary tiling to walls and floor, medium level WC, wash hand basin with mixer tap over being set into vanity storage unit, radiator, ceiling light point, power outlet and extractor fan. **Outside** - Single garage in separate block having up and over door. Attractive and well-maintained communal grounds with an excellent range of established evergreen shrubs and trees. Communal drying area. **Additional Information** - Tenure: The property is leasehold and we are advised that the terms are 999 years from 1982, and a service charge payable of £2,100 per annum. COUNCIL TAX BAND: B ## Property Photos - ![front.jpg](/listings/photos/161654165/1067898) - front.jpg - ![living1.JPG](/listings/photos/161654165/1067899) - living1.JPG - ![kitchen.jpg](/listings/photos/161654165/1067900) - kitchen.jpg - ![bedroom.JPG](/listings/photos/161654165/1067901) - bedroom.JPG - ![bedroom1.JPG](/listings/photos/161654165/1067902) - bedroom1.JPG - ![living2.JPG](/listings/photos/161654165/1067903) - living2.JPG - ![shower_room.JPG](/listings/photos/161654165/1067904) - shower_room.JPG - ![GARDEN 3.jpg](/listings/photos/161654165/1067905) - GARDEN 3.jpg - ![GARDEN.jpg](/listings/photos/161654165/1067906) - GARDEN.jpg - ![kitchen2.JPG](/listings/photos/161654165/1067907) - kitchen2.JPG - ![bedroom2.jpg](/listings/photos/161654165/1067908) - bedroom2.jpg - ![living3.JPG](/listings/photos/161654165/1067909) - living3.JPG - ![GARDEN 2.jpg](/listings/photos/161654165/1067910) - GARDEN 2.jpg - ![REAR.jpg](/listings/photos/161654165/1067911) - REAR.jpg ## Floorplans - ![5 griffin house...jpg](/listings/photos/161654165/1067912) - 5 griffin house...jpg ## EPC Graphs - ![EE Rating](/listings/photos/161654165/1067913) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | GRIFFIN HOUSE, 231 FLAT 5 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9RR | £120,000 | 28/11/2025 | 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 | |---------|-------|------|------| | PORTLAND COURT, 35 FLAT 3 PORTLAND ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HS | £237,000 | 28/11/2025 | Flat | | 18 - 20 FLAT 2 YORK ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9JB | £130,000 | 17/11/2025 | Flat | | THE LODGE, 2 2 ROTTON PARK ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9JJ | £90,000 | 12/12/2024 | Flat | | RYLAND PLACE, 27 APARTMENT 29 NORFOLK ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B15 3AY | £201,650 | 01/12/2023 | Flat | | 18 - 20 FLAT 9 YORK ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9JB | £130,000 | 12/10/2023 | Flat | | MONTAGUE HOUSE, 5 FLAT 10 MONTAGUE ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HR | £222,500 | 28/07/2023 | Flat | | RYLAND PLACE, 27 APARTMENT 42 NORFOLK ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B15 3AY | £170,000 | 21/07/2023 | Flat | | RYLAND PLACE, 27 APARTMENT 19 NORFOLK ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B15 3AY | £305,150 | 28/04/2023 | Flat | | LINDENS, 7 FLAT 5 ROTTON PARK ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9JH | £55,000 | 31/03/2023 | Flat | | RYLAND PLACE, 27 APARTMENT 36 NORFOLK ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B15 3AY | £302,950 | 28/02/2023 | Flat | | PORTLAND COURT, 35 FLAT 3 PORTLAND ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HS | £228,000 | 05/12/2022 | Flat | | PORTLAND COURT, 35 FLAT 9 PORTLAND ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HS | £221,000 | 24/11/2022 | Flat | | 4 FLAT 7 ROTTON PARK ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9JJ | £145,000 | 18/11/2022 | Flat | | [Same street] GRIFFIN HOUSE, 231 FLAT 9 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9RR | £168,000 | 04/11/2022 | Flat | | ASQUITH HOUSE, 19 APARTMENT 2 PORTLAND ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9HN | £215,000 | 28/10/2022 | Flat | | PORTLAND COURT, 35 FLAT 7 PORTLAND ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HS | £160,000 | 14/10/2022 | Flat | | MONTAGUE HOUSE, 5 FLAT 17 MONTAGUE ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HR | £140,000 | 15/09/2022 | Flat | | MONTAGUE HOUSE, 5 FLAT 18 MONTAGUE ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HR | £145,000 | 15/09/2022 | Flat | | MONTAGUE HOUSE, 5 FLAT 8 MONTAGUE ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HR | £220,000 | 15/09/2022 | Flat | | MONTAGUE HOUSE, 5 FLAT 4 MONTAGUE ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HR | £225,000 | 15/09/2022 | Flat | | MONTAGUE HOUSE, 5 FLAT 3 MONTAGUE ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 9HR | £238,000 | 09/09/2022 | Flat | | [Same street] GRIFFIN HOUSE, 231 FLAT 8 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 9RR | £185,000 | 21/12/2021 | Flat | **Street average:** £176,500 (2 sales) **Area average:** £189,063 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £126,465 (27 Flat, B16, 2024–2026) - **Deviation:** +6.7% ## 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 Mid Staffs (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £499/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 | |------|------|------|------|------| | 1 Bed Flat, Stanmore Road, B16 | £775/mo | 1 | 0.59 miles | OpenRent | **Average rent: £775/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.57% (weak for cashflow) - **Max investor price (0.8%):** £96,875 - **Target investor price (1%):** £77,500 *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 £775/mo).* - **Gross yield:** 6.9% - **Cost-to-rent:** 14.5× - **Monthly cashflow:** £141/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4.3% *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:** -28.3% - **10y growth:** -16.4% ## 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)