Sold STC Flat

FLAT 4

MILTON COURT, 17, HALLAM STREET, BIRMINGHAM, WEST MIDLANDS B12 9PR

3 beds 1 baths 73 m² Listed 19 Jun 2023 (-1094d)

£120,000

Guide Price

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FRONT Photo 24 LIVING ROOM LIVING ROOM LIVING ROOM DINING AREA KITCHEN KITCHEN KITCHEN BEDROOM ONE BEDROOM ONE BEDROOM TWO BEDROOM THREE BATHROOM BATHROOM SEPARATE W/C COMMUNAL GARDEN COMMUNAL GARDEN COMMUNAL GARDEN

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Property details

Tenure

LEASEHOLD (152 years remaining on lease)

Floor area

73 m²

Council tax band

A

Last sold

£108,000 Feb 2025

Local average

£280,520 (-57.2%)

Street crime

565 incidents within 1 mile (Apr 2026)

Additional details

Garden
Yes

Description

A spacious three-bedroom first floor flat situated in the popular residential area of Balsall Heath. The property is within close reach of local shops and schools and is ideally situated for Moseley Village and Birmingham City Centre with good travel links to both.

The property briefly comprises; hallway, a spacious living room with an open arch to a separate dining area, kitchen, three good size bedrooms, a bathroom and separate W/C. There is gas central heating and double glazing.

Outside, at the back of the property there is a communal garden with a lawn, paved patio and communal drying area.

There is NO UPWARD CHAIN.


VIEWINGS:- By appointment only through Glovers Estate Agents.


PLEASE NOTE:- (1) These sale’ particulars are for guidance only, and Glovers Estate Agents cannot guarantee their complete accuracy, nor do the particulars constitute a contract or part of a contract. (2) A purchaser must obtain verification on any point of importance or concern. (3) Any measurements given are approximate, and purchasers should verify the measurements for themselves especially before ordering furniture or floor coverings. (4) Glovers Estate Agents have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose; purchasers are advised to obtain verification from their solicitor or surveyor. (5) References to the tenure of a property are based on information provided by the seller; we will not have seen the title documents; purchasers must therefore obtain verification on tenure from their solicitor. (6) Items shown in photographs are not included in the sale unless specifically mentioned within the sale’s particulars; certain items may be available by separate negotiation.  (7) Purchasers must check the availability of the property before travelling to see it, and before making an appointment to view.


TENURE:- The seller advises us that the property is Leasehold. We have not seen title deeds and cannot verify the title to the property nor covenants, charges, or rights of way affecting title. Tenure details are subject to confirmation through the vendor’s solicitor, and purchasers must verify tenure details through their solicitor / conveyancer. 
We understand the property to be Leasehold with 152 years remaining, though interested parties should obtain verification from their own solicitor.

We believe that the annual ground rent is £150 and that the annual service charge is approx.£2,462.


COUNCIL TAX BAND:- A


FIXTURES AND FITTINGS:- All items of fixtures and fittings except those mentioned in the detailed sales particulars are excluded from the sale.


PLANNING PERMISSIONS AND BUILDING REGULATION CONSENTS:- Any reference in these particulars to extensions or conversions of parts of the property, does not imply that planning permissions and / or building regulation consents have been obtained for the extensions or conversions. Unless specifically mentioned in these particulars, we will not have verified that any necessary consents have been obtained. Verification of these matters must be made by purchasers through their solicitor / conveyancer.


THE PROPERTY OMBUDSMAN:- Glovers Estate Agents is a member of The Property Ombudsman Scheme (TPOS) and follows the TPOS Code of Practice. The Property Ombudsman (TPO) scheme has been providing consumers and property agents with an alternative dispute resolution service for several years and provides consumers with a free, impartial, and independent alternative dispute resolution service. A copy of the Code of Practice and the Consumer Guide is available from us upon request.

Listed by

Kings Heath

Glovers Estate Agents

Reference: 136251980

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)

EPC Graphs

Energy Performance Certificate

Energy Performance Certificate

Price history

300% since 1999

Event Date Price % change
Sold 07/02/2025 (1 year ago) £108,000 +300%
Sold 24/09/1999 (26 years ago) £27,000

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
MILTON COURT, 17 FLAT 1 HALLAM STREET, BIRMINGHAM, WEST MIDLANDS, B12 9PR £120,000 30/11/2022 Flat

Area average: £120,000 (1 sale)

Capital growth trend

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

5y growth 90.1%
10y growth 177.3%

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

1y (index) -3.6%
5y (index) 4.6%
10y (index) 34.9%

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: £823/mo (Apr 2025 – Mar 2026)

Location

Address

9-16 Hallam Street

Nearby

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

Type Name Distance
Shop Unknown 0.0 miles
Bus stop Hallam St / Albert Place 0.0 miles
Shop Barn Wines & Spirits 0.0 miles
Hospital Runcorn Road Dialysis Unit 0.4 miles
Hospital St Patricks Centre for Community Health 0.6 miles
Train station Moseley Village 0.7 miles
University University of Birmingham School of Dentistry 1.0 miles
University Birmingham City University 1.1 miles
Train station Bordesley 1.3 miles

Street-level crime

Category Count
Violence and sexual offences 230
Vehicle crime 53
Other theft 44
Criminal damage and arson 42
Drugs 34
Burglary 30
Public order 27
Possession of weapons 25
Anti-social behaviour 22
Shoplifting 20
Robbery 15
Theft from the person 14
Other crime 9
Total incidents 565

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
Jakeman Nursery School Nursery 0.1 miles Outstanding — 15 Jun 2023
Ark Tindal Primary Academy Primary 0.2 miles Good — 7 Nov 2014
Heath Mount Primary School Primary 0.3 miles Requires improvement — 11 Jul 2019
Redstone Academy for Boys Other 0.4 miles Good — 28 Feb 2024
Redstone Academy for Girls Other 0.4 miles Good — 15 Aug 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
3 Bed Terraced House, Willows Road, B12 £1,300/mo 3 0.06 miles OpenRent

Average rent: £1,300/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.08%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 13%
Cost-to-rent ratio 7.7×
Monthly cashflow £672/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 23.2%
  • 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).