62 WELLHEAD LANE
BIRMINGHAM, WEST MIDLANDS B42 2SY
£80,000
Property details
Tenure
FREEHOLD
Floor area
94 m²
Council tax band
A
EPC rating
C
Year built
England and Wales: 1900-1929
Last sold
£135,000 Apr 2005
Price per m²
£851/m²
Local average
£211,167 (-62.1%)
Deprivation
Decile 1 (511 of 33,755)
Street crime
597 incidents within 1 mile (May 2026)
Key features
- INVESTMENT OPPORTUNITY
- END TERRACE
- TWO FLAT CONVERSION
- GROUND FLOOR ONE BEDROOM
- LOUNGE, KITCHEN & BATHROOM
- FIRST FLOOR ONE BEDROOM
- OPEN PLAN LOUNGE & KITCHEN, BATHROOM
- NO CHAIN
Additional details
- Garden
- Back garden
Description
Shipways are now proceeding with an offer for the sum of £90,000 for 62 Wellhead Lane, Birmingham, B42 2SY. Anyone wishing to place an offer on this property should contact Shipways, 905 Walsall Road, Great Barr, B42 1TN before exchange of contracts.
DESCRIPTION
Situated on Wellhead Lane, this end-terrace property is a fantastic investment opportunity, comprising two self-contained one-bedroom flats.
The ground floor flat features a spacious lounge, a well-equipped kitchen, a good-sized bedroom, and a separate bathroom, offering comfortable and practical living.
The first-floor flat boasts a modern open-plan layout, combining the lounge, kitchen, and bedroom into a bright and airy space, complete with an en-suite shower room for added convenience.
With its prime location close to local amenities, schools, and excellent transport links, this property is ideal for investors or those looking for a home with rental potential. Don't miss out on this unique opportunity!
Agent Note
Council Tax Band A
Flat One
Ground Floor
Lounge 12' 8" x 11' 11" ( 3.86m x 3.63m )
Two windows to the side of the property, ceiling light point, radiator
Kitchen 12' 6" x 7' 8" ( 3.81m x 2.34m )
Double glazed window to the rear and the side of the property, a range of base units with roll top worksurface, stainless steel sink and drain, gas cooker point, plumbing for washing machine, storage cupboard, wall mounted boiler
Bedroom One 12' 8" x 11' 10" ( 3.86m x 3.61m )
Double glazed window to the front of the property, store cupboard, radiator, ceiling light point
Bathroom
Shower, low level WC, radiator, ceiling light point, extractor fan, pedestal wash hand basin
Flat 2
First Floor
Lounge/Kitchen 12' 8" x 12' ( 3.86m x 3.66m )
Window to the rear, a range of base units with roll top worksurface, electric hob, extractor fan, oven, plumbing for washing machine, stainless steel sink and drain, tiled, electric storage heater
Bedroom One 12' 8" x 11' 10" ( 3.86m x 3.61m )
Double glazed window to the front of the property, electric storage heater, laminate flooring, wash hand basin, ceiling light point, extractor fan, loft access
Rear Garden
Paved yard with Fenced borders
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Listed by
Great Barr
Sequence (UK) Limited - Connells
Reference: 158163230
EPC Rating & Upgrade Cost
Current rating: C
Potential rating: C
Inspection date: 28/04/2026
Expiry date: 27/04/2036
Current heating cost: £960/year
Potential heating cost: £773/year
Est. upgrade cost to C: £16,935
Recommendations
- Floor insulation (suspended floor) (£5,000 - £10,000)
- Draughtproof single-glazed windows (£150 - £250)
- Upgrade heating controls (£220 - £250)
- Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)
Flood risk
Zone: 2
Risk: In flood risk area
Environment Agency Flood Risk Areas (APSFR)
Price history
26% since 2005
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 08/12/2025 (7 months ago) | £123,500 | -8.5% |
| Sold | 18/04/2005 (21 years ago) | £135,000 | +37.8% |
| Sold | 18/03/2005 (21 years ago) | £98,000 | — |
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 |
|---|---|---|---|
| 140 STONELEIGH ROAD, BIRMINGHAM, WEST MIDLANDS, B20 3AS | £149,000 | 03/12/2025 | Terraced |
| Same street 50 WELLHEAD LANE, BIRMINGHAM, WEST MIDLANDS, B42 2SY | £75,000 | 19/10/2023 | Terraced |
| 8 NORTH ROAD, HANDSWORTH, BIRMINGHAM, WEST MIDLANDS, B20 3HX | £144,950 | 19/09/2023 | Terraced |
| 117 STONELEIGH ROAD, BIRMINGHAM, WEST MIDLANDS, B20 3AR | £133,000 | 17/03/2023 | Terraced |
| 138 STONELEIGH ROAD, BIRMINGHAM, WEST MIDLANDS, B20 3AS | £150,000 | 13/05/2022 | Terraced |
| 156 ASTON LANE, HANDSWORTH, BIRMINGHAM, WEST MIDLANDS, B20 3HA | £250,000 | 01/04/2022 | Terraced |
| 19 OSCOTT ROAD, PERRY BARR, BIRMINGHAM, WEST MIDLANDS, B42 2TA | £130,000 | 07/02/2022 | Terraced |
| 24 OSCOTT ROAD, PERRY BARR, BIRMINGHAM, WEST MIDLANDS, B42 2TA | £92,000 | 20/08/2021 | Terraced |
Street average: £75,000 (1 sale)
Area average: £149,850 (7 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Birmingham. Series: Terraced. As of April 2026.
Rental Range
Estimated market rent for Birmingham. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Birmingham.
LHA (30th percentile) floor for Mid Staffs: £623/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Aston Lane / Wellhead Lane | 0.2 miles |
| Shop | Unknown | 0.3 miles |
| Shop | Paddy Power | 0.3 miles |
| Train station | Perry Barr | 0.3 miles |
| Train station | Witton | 0.6 miles |
| University | Maryvale Institute | 2.2 miles |
| University | BIMM University Birmingham | 2.8 miles |
| Hospital | Brian Oliver Centre | 7.1 miles |
| Hospital | Bilston Street Surgery | 9.6 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 250 |
| Criminal damage and arson | 77 |
| Public order | 64 |
| Vehicle crime | 40 |
| Drugs | 38 |
| Other theft | 31 |
| Shoplifting | 24 |
| Possession of weapons | 21 |
| Burglary | 19 |
| Anti-social behaviour | 11 |
| Robbery | 9 |
| Theft from the person | 8 |
| Other crime | 5 |
| Total incidents | 597 |
Within 1 mile during May 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 |
|---|---|---|---|
| Eden Boys' School, Birmingham | Secondary | 0.2 miles | Outstanding — 3 Jul 2018 |
| Broadway Academy | Secondary | 0.3 miles | Good — 22 Jan 2023 |
| Prince Albert High School | Secondary | 0.3 miles | Good — 21 Mar 2024 |
| Canterbury Cross Primary School | Primary | 0.4 miles | Good — 20 Mar 2014 |
| Holy Trinity CE Primary Academy (Handsworth) | Primary | 0.5 miles | Good — 20 Oct 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 Flat, Tame Road, B6 | £800/mo | 2 | 0.67 miles | OpenRent |
Average rent: £800/mo (1 listing)
Rent-driven metrics
Based on OpenRent comparables.
- 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).