# 3 bedroom flat for sale (B12 9PR) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 4, MILTON COURT, 17, HALLAM STREET, BIRMINGHAM, WEST MIDLANDS B12 9PR | | Price | £120,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Construction age | England and Wales: 1976-1982 | | Floor area | 73 m² | | Last sold | £108,000 Feb 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 20/02/2027 - **Current heating cost:** £448/year - **Est. upgrade cost to C:** £4,035 ### Recommendations - B (£500 - £1,500) - E (£35) - G (£350 - £450) - I (£2,200 - £3,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8923-7122-5100-0039-9922) ## 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. ## Property Photos - ![FRONT](/listings/photos/136251980/284505) - FRONT - ![Photo 24](/listings/photos/136251980/284506) - Photo 24 - ![LIVING ROOM](/listings/photos/136251980/284507) - LIVING ROOM - ![LIVING ROOM](/listings/photos/136251980/284508) - LIVING ROOM - ![LIVING ROOM](/listings/photos/136251980/284509) - LIVING ROOM - ![DINING AREA](/listings/photos/136251980/284510) - DINING AREA - ![KITCHEN](/listings/photos/136251980/284511) - KITCHEN - ![KITCHEN](/listings/photos/136251980/284512) - KITCHEN - ![KITCHEN](/listings/photos/136251980/284513) - KITCHEN - ![BEDROOM ONE](/listings/photos/136251980/284514) - BEDROOM ONE - ![BEDROOM ONE](/listings/photos/136251980/284515) - BEDROOM ONE - ![BEDROOM TWO](/listings/photos/136251980/284516) - BEDROOM TWO - ![BEDROOM THREE](/listings/photos/136251980/284517) - BEDROOM THREE - ![BATHROOM](/listings/photos/136251980/284518) - BATHROOM - ![BATHROOM](/listings/photos/136251980/284519) - BATHROOM - ![SEPARATE W/C](/listings/photos/136251980/284520) - SEPARATE W/C - ![COMMUNAL GARDEN](/listings/photos/136251980/284521) - COMMUNAL GARDEN - ![COMMUNAL GARDEN](/listings/photos/136251980/284522) - COMMUNAL GARDEN - ![COMMUNAL GARDEN](/listings/photos/136251980/284523) - COMMUNAL GARDEN ## EPC Graphs - ![Energy Performance Certificate](/listings/photos/136251980/284524) - Energy Performance Certificate ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | MILTON COURT, 17 FLAT 4 HALLAM STREET, BIRMINGHAM, WEST MIDLANDS, B12 9PR | £108,000 | 07/02/2025 | Flat | | MILTON COURT, 17 FLAT 4 HALLAM STREET, BIRMINGHAM, WEST MIDLANDS, B12 9PR | £27,000 | 24/09/1999 | 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 | |---------|-------|------|------| | MILTON COURT, 17 FLAT 1 HALLAM STREET, BIRMINGHAM, WEST MIDLANDS, B12 9PR | £120,000 | 30/11/2022 | Flat | **Area average:** £120,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £280,520 (64 Flat, B12, 2024–2026) - **Deviation:** -57.2% ## 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).* - **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 | |------|------|------|------|------| | 3 Bed Terraced House, Willows Road, B12 | £1,300/mo | 3 | 0.06 miles | OpenRent | **Average rent: £1,300/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.08% (strong) - **Max investor price (0.8%):** £162,500 - **Target investor price (1%):** £130,000 *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 £1,300/mo).* - **Gross yield:** 13% - **Cost-to-rent:** 7.7× - **Monthly cashflow:** £672/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 23.2% *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:** £1,644/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 90.1% - **10y growth:** 177.3% ## House Price Index (HM Land Registry) *Official index for Birmingham; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -3.6% - **5y growth (index):** 4.6% - **10y growth (index):** 34.9% ## 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)