Sold STC Flat

81 REDFERN CLOSE

SOLIHULL, WEST MIDLANDS B92 8SJ

2 beds 1 baths 51 m² Listed 13 Sep 2022 (-1369d)

£150,000

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Property details

Tenure

LEASEHOLD

Floor area

51 m²

Last sold

£147,000 Nov 2022

Local average

£169,243 (-11.4%)

Deprivation

Decile 3 (7,560 of 33,755)

Street crime

221 incidents within 1 mile (Apr 2026)

Additional details

Parking
Yes

Description

APPROACH ** The property is entered via door into communal hallway with intercom system and stairs rising to the second floor  

ON THE SECOND FLOOR  

HALLWAY Central heating radiator, intercom system, doors off to lounge, bedrooms, bathroom and kitchen. Large useful storage cupboard housing electric consumer unit
 

BEDROOM ONE 13' 9" x 9' 8" (4.2m x 2.96m) Having a double-glazed window to the side elevation and central heating radiator 

BEDROOM TWO 11' 11" x 9' 4" (3.64m x 2.85m) Having a double-glazed window to the side elevation and central heating radiator 

LOUNGE 14' 10" x 11' 10" (4.54m x 3.63m) Having a double-glazed window to the rear elevation, central heating radiator and door onto enclosed balcony 

ENCLOSED BALCONY 10' 5" x 3' 9" (3.2m x 1.16m) Double glazed windows to the rear elevation. 

REFITTED KITCHEN 10' 8" x 7' 6" (3.26m x 2.3m) A range of eye and base level units with roll edge worktop, inset stainless steel electric oven, stainless steel gas hob and extractor, Space for fridge, freezer and washing machine, stainless steel sink with drainer and mixer tap, tiling to splashbacks, storage cupboard housing central heating combination boiler and gas meter, plus further built-in cupboard
 

BATHROOM Suite comprises pedestal sink with mixer tap and close coupled w.c, panel bath with mixer tap and triton power shower over, obscure double-glazed window to the side elevation, wall mounted central heating radiator and airing cupboard with wall heating radiator.  

OUTSIDE There is unallocated parking at the front of the development.  

**  

Listed by

Shirley

Horton & Storey

Reference: 127010315

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 1

Floorplan 1

EPC Graphs

EPC Front Page

EPC Front Page

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #6471838

Property Details

Street: 81 Redfern Close

Town: SOLIHULL

Postcode: B92 8SJ

Installation Details

Items: 1 window

Certificate Issued: 13/04/2009

Work Completed: 30/03/2009

This certificate data was retrieved from FENSA's database

FENSA Certificate #2216443

Property Details

Street: 81 Redfern Close

Town: SOLIHULL

Postcode: B92 8SJ

Installation Details

Items: 1 window

Certificate Issued: 16/11/2004

Work Completed: 20/10/2004

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 25/11/2022 (3 years ago) £147,000

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
264 CASTLE LANE, SOLIHULL, WEST MIDLANDS, B92 8SN £96,250 30/11/2023 Flat
CHERRYWOOD COURT FLAT 14 MOORDOWN AVENUE, SOLIHULL, WEST MIDLANDS, B92 8QS £145,000 28/07/2023 Flat
54 REDFERN CLOSE, SOLIHULL, WEST MIDLANDS, B92 8SL £117,000 09/06/2023 Flat
CHERRYWOOD COURT FLAT 9 MOORDOWN AVENUE, SOLIHULL, WEST MIDLANDS, B92 8QS £160,000 23/03/2023 Flat
48 REDFERN CLOSE, SOLIHULL, WEST MIDLANDS, B92 8SL £118,000 18/11/2022 Flat
310 CASTLE LANE, SOLIHULL, WEST MIDLANDS, B92 8SG £110,000 21/10/2022 Flat
CHERRYWOOD COURT FLAT 12 MOORDOWN AVENUE, SOLIHULL, WEST MIDLANDS, B92 8QS £142,500 21/09/2021 Flat
5 REDFERN CLOSE, SOLIHULL, WEST MIDLANDS, B92 8SJ £132,000 16/07/2021 Flat
20 OAKHAM WAY, SOLIHULL, WEST MIDLANDS, B92 8ST £120,000 30/06/2021 Flat

Area average: £126,750 (9 sales)

Capital growth trend

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

5y growth -7.5%
10y growth 15.3%

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

1y (index) -3.4%
5y (index) 0.4%
10y (index) 30%

Rental Range

Estimated market rent for Solihull. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,133/mo
Realistic £1,259/mo
Optimistic £1,385/mo

Based on Local Authority from postcode lookup → Solihull.

LHA (30th percentile) floor for Solihull: £823/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Highwood Ave / Castle Lane 0.1 miles
Bus stop Castle Lane / Highwood Ave 0.1 miles
Shop Vienna's Hair Salon 0.3 miles
Shop Launderette 0.3 miles
Train station Olton 0.7 miles
Train station Acocks Green 1.5 miles
Hospital Brian Oliver Centre 2.9 miles
University BIMM University Birmingham 4.8 miles
University University of Birmingham School of Dentistry 5.4 miles
Hospital Bromsgove Private Hospital 11.8 miles

Street-level crime

Category Count
Violence and sexual offences 62
Shoplifting 54
Vehicle crime 26
Criminal damage and arson 16
Anti-social behaviour 13
Public order 11
Other theft 10
Robbery 10
Burglary 7
Possession of weapons 5
Drugs 4
Other crime 2
Theft from the person 1
Total incidents 221

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
Ulverley School Primary 0.2 miles Good — 18 Jun 2012
St Andrew's Catholic Primary School Primary 0.3 miles Good — 24 Nov 2016
Olton Primary School Primary 0.6 miles Good — 8 Mar 2023
St Margaret's Church of England Primary School Primary 0.7 miles Good — 19 Jan 2022
Lyndon School Secondary 0.7 miles Good — 5 May 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 Maisonette, Rowood Drive, B92 £950/mo 2 1.03 miles OpenRent
2 Bed Flat, City Green Block A, B26 £1,340/mo 2 1.04 miles OpenRent
2 Bed Flat, Coventry Road, B26 £1,350/mo 2 1.06 miles OpenRent
2 Bed Flat, Etna House, B26 £1,300/mo 2 1.19 miles OpenRent

Average rent: £1,235/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.88%
Max investor price (0.8%) £165,000
Target investor price (1%) £132,000
Gross yield 10.6%
Cost-to-rent ratio 9.5×
Monthly cashflow £572/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.8%
  • 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).