# 2 bedroom apartment for sale (B92 8SJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 81 REDFERN CLOSE, SOLIHULL, WEST MIDLANDS B92 8SJ |
| Price | £150,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 51 m² |
| Last sold | £147,000 Nov 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 25/03/2029
- **Current heating cost:** £432/year

### Recommendations
- A2 (1,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8041-6227-5950-3906-1922)

## 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.  

**** ****  

## Property Photos

- ![Photo](/listings/photos/127010315/534394)
- ![Photo](/listings/photos/127010315/534396)
- ![Photo](/listings/photos/127010315/534398)
- ![Photo](/listings/photos/127010315/534400)
- ![Photo](/listings/photos/127010315/534402)
- ![Photo](/listings/photos/127010315/534404)
- ![Photo](/listings/photos/127010315/534406)
- ![Photo](/listings/photos/127010315/534408)
- ![Photo](/listings/photos/127010315/534413)

## Floorplans

- ![Floorplan 1](/listings/photos/127010315/534420) - Floorplan 1

## EPC Graphs

- ![EPC Front Page](/listings/photos/127010315/534429) - EPC Front Page

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #6471838
- **Address:** 81 Redfern Close, SOLIHULL, B92 8SJ
- **Certificate Issued:** 13/04/2009
- **Work Completed:** 30/03/2009
- **Items:** 1 window(s)

### FENSA Certificate #2216443
- **Address:** 81 Redfern Close, SOLIHULL, B92 8SJ
- **Certificate Issued:** 16/11/2004
- **Work Completed:** 20/10/2004
- **Items:** 1 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 81 REDFERN CLOSE, SOLIHULL, WEST MIDLANDS, B92 8SJ | £147,000 | 25/11/2022 | 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 |
|---------|-------|------|------|
| 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)

## Price vs local average

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

- **Local average:** £169,243 (23 Flat, B92, 2024–2026)
- **Deviation:** -11.4%

## Rental Range

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

- **Low:** £1,133/mo
- **Realistic:** £1,259/mo
- **Optimistic:** £1,385/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £823/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 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)**

## 1% Rule

- **Rent ratio:** 0.88% (okay)
- **Max investor price (0.8%):** £165,000
- **Target investor price (1%):** £132,000

*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 £1,320/mo).*

- **Gross yield:** 10.6%
- **Cost-to-rent:** 9.5×
- **Monthly cashflow:** £572/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 15.8%

*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:** £2,941/m²

## Capital growth trend

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

- **5y growth:** -7.5%
- **10y growth:** 15.3%

## House Price Index (HM Land Registry)

*Official index for Solihull; Flats and maisonettes series; as of March 2026.*

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

## 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)