Sold STC Land

3 WOODWAY

BIRMINGHAM, BIRMINGHAM, WEST MIDLANDS B24 0AH

936 sq ft Listed 23 Jul 2025 (-325d)

£100

Guide Price

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# Land for sale (B24 0AH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 WOODWAY, BIRMINGHAM, BIRMINGHAM, WEST MIDLANDS B24 0AH |
| Price | £100 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 87 m² |
| Last sold | £180,000 Feb 2006 |

## Description

Sold in auction by under the hammer for £300.00 - If you would like your property to be sold in our next auction please contact our auction experts today.

Land to the North of, Grange Road, Erdington, Birmingham, B24 0AH  - Freehold.

An excellent  opportunity to acquire a freehold parcel of land located within an established residential setting in Erdington, Birmingham.

Land Overview

This land outlined in red surrounds a quiet cul-de-sac known as Woodway, comprising well-positioned frontages and access routes that serve multiple residential properties.

Location Overview

The land offers easy access to the M6 motorway, A38, local bus routes, and nearby rail stations including Chester Road and Erdington—perfectly positioned for commuters.

Here's what to do next

**Visit** - Our website and view the auction terms.**View** - Book a viewing directly through our website.**Register** - Get registered prior to the auction opening date.**Legal Pack** - Download and view the legal pack to find out all the relevant information.**Prior Auction Offer** - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.**Bidding** - Everything is completed online through the website and the intuitive bidding controls.If you would like your property to go into our next auction then contact our auction experts on   or submit a valuation on our website

## Property Photos

- ![Photo](/listings/photos/164867852/186692)
- ![Photo](/listings/photos/164867852/186695)

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #2403060
- **Address:** 3 Woodway, BIRMINGHAM, B24 0AH
- **Certificate Issued:** 17/01/2005
- **Work Completed:** 26/07/2004
- **Items:** 7 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 WOODWAY, BIRMINGHAM, WEST MIDLANDS, B24 0AH | £180,000 | 06/02/2006 | Detached |

## Price vs local average

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

- **Local average:** £214,500 (2 Other, B24, 2024–2026)
- **Deviation:** -100%

## 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 Birmingham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Chester Road, B24 | £2,500/mo | 1 | 0.65 miles | OpenRent |

**Average rent: £2,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 2500% (strong)
- **Max investor price (0.8%):** £312,500
- **Target investor price (1%):** £250,000

*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 £2,500/mo).*

- **Gross yield:** 30000%
- **Monthly cashflow:** £2,225/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 92052.7%

*Gross yield = annual rent as % of price (no costs). 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:** £1/m²

## Capital growth trend

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

- **5y growth:** -72.2%
- **10y growth:** -53.9%

## House Price Index (HM Land Registry)

*Official index for Birmingham; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 14.9%
- **10y growth (index):** 53.4%

## 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)

Listing type

Auction

Photo 1 Photo 2

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Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

87 m²

Year built

England and Wales: 1967-1975

Last sold

£180,000 Feb 2006

Price per m²

£1/m²

Local average

£214,500 (-100%)

Deprivation

Decile 3 (7,518 of 33,755)

Street crime

404 incidents within 1 mile (Apr 2026)

Key features

View more: underthehammer.com

Description

Sold in auction by under the hammer for £300.00 - If you would like your property to be sold in our next auction please contact our auction experts today.
Land to the North of, Grange Road, Erdington, Birmingham, B24 0AH - Freehold.
An excellent opportunity to acquire a freehold parcel of land located within an established residential setting in Erdington, Birmingham.
Land Overview
This land outlined in red surrounds a quiet cul-de-sac known as Woodway, comprising well-positioned frontages and access routes that serve multiple residential properties.
Location Overview
The land offers easy access to the M6 motorway, A38, local bus routes, and nearby rail stations including Chester Road and Erdington—perfectly positioned for commuters.
Here's what to do next
Visit - Our website and view the auction terms.View - Book a viewing directly through our website.Register - Get registered prior to the auction opening date.Legal Pack - Download and view the legal pack to find out all the relevant information.Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.Bidding - Everything is completed online through the website and the intuitive bidding controls.If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

Listed by

Covering Nationwide

ADVANCED NATIONWIDE LIMITED

Reference: 164867852

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)

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #2403060

Property Details

Street: 3 Woodway

Town: BIRMINGHAM

Postcode: B24 0AH

Installation Details

Items: 7 windows

Certificate Issued: 17/01/2005

Work Completed: 26/07/2004

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	06/02/2006 (20 years ago)	£180,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

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

5y growth -72.2%

10y growth -53.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Birmingham. Series: All dwelling types. As of March 2026.

1y (index) 0.1%

5y (index) 14.9%

10y (index) 53.4%

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: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View B24 0AH

Nearby

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

Type	Name	Distance
Hospital	John Taylor Hospice	0.1 miles
Bus stop	Grange Rd / Playing Field	0.1 miles
Shop	Tesco Express	0.4 miles
Shop	Coral	0.4 miles
Train station	Chester Road	0.6 miles
Train station	Erdington	0.6 miles
Hospital	Ardenleigh Hospital	1.0 miles
University	BCU Oscott Gardens	3.0 miles
University	Maryvale Institute	3.2 miles

Street-level crime

Category	Count
Violence and sexual offences	156
Shoplifting	57
Criminal damage and arson	30
Public order	27
Vehicle crime	27
Drugs	26
Other theft	19
Robbery	18
Burglary	15
Anti-social behaviour	10
Possession of weapons	10
Other crime	4
Theft from the person	4
Bicycle theft	1
Total incidents	404

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
Yenton Primary School	Primary	0.1 miles	Good — 5 Mar 2024
St Edmund Campion Catholic School	Secondary	0.3 miles	Good — 6 Feb 2018
Penns Primary School	Primary	0.4 miles	Good — 20 Feb 2012
Abbey Catholic Primary School	Primary	0.5 miles	Good — 6 Jul 2018
Highclare School	Other	0.5 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Chester Road, B24	£2,500/mo	1	0.65 miles	OpenRent

Average rent: £2,500/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2500%

Max investor price (0.8%) £312,500

Target investor price (1%) £250,000

Gross yield 30000%

Monthly cashflow £2,225/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 92052.7%

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).
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).