Sold STC House

7 OAKMEADOW CLOSE

BIRMINGHAM, WEST MIDLANDS B33 0AQ

2 beds 1 baths 55 m² Listed 11 Feb 2024 (-865d)

£180,000

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# 2 bedroom house for sale (B33 0AQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 7 OAKMEADOW CLOSE, BIRMINGHAM, WEST MIDLANDS B33 0AQ |
| Price | £180,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £180,000 Nov 2024 |

## Description

**Approach** - Via driveway to front

**Hallway** - Composite front door, radiator and ceiling light point.

**Lounge** - 3.56m x 5.03m  (11'8 x 16'6 ) - Double glazed sliding patio doors leading to rear garden, stairs to first floor accommodation, two radiators and ceiling light point.

**Kitchen** - 2.36m x 2.34m (7'9 x 7'8) - Triple glazed window to front, matching wall, base and drawer units, integrated electric oven and hob with extractor over, stainless steel sink unit, space for white goods and ceiling strip light.

**Landing** - Loft access and ceiling light point.

**Bedroom One** - 2.95m max to robes x 3.53m (9'8 max to robes x 11' - Triple glazed window to rear, built in wardrobes, radiator and ceiling light point.

**Bedroom Two** - 2.01m x 3.23m (6'7 x 10'7) - Triple glazed window to front, storage cupboard with hanging rails, radiator and ceiling light point.

**Bathroom** - Double glazed obscure window to front, wash hand basin, low level w/c, paneled bath with electric shower over, radiator and ceiling light point.

**Rear Garden** - Low maintenance south- east facing rear garden, having paved patio area, enclosed to neighbouring boundaries, gated access to rear.

**Further Information** - We endeavour to make our sales particulars accurate and reliable, however they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.  Any services, systems and appliances listed in this specification have not been tested by Chambers Estate & Letting Agents and we make no guarantee as to their operating ability or efficiency. All measurements have been taken as a guide only to prospective buyers and may not be correct. Potential buyers are advised to re-check measurements and test any appliances. A buyer should ensure that a legal representative confirms all the matters relating to this title including boundaries and any other important matters.

Money Laundering Regulations:intending purchasers will be required to provide proof of identification at offer stage, a sale cannot be agreed without this.

EPC Rating: C

Council Tax Band: B

## Property Photos

- ![IMG_2919.jpeg](/listings/photos/144606533/448968) - IMG_2919.jpeg
- ![Lounge](/listings/photos/144606533/448969) - Lounge
- ![Kitchen](/listings/photos/144606533/448970) - Kitchen
- ![Lounge](/listings/photos/144606533/448971) - Lounge
- ![Hallway](/listings/photos/144606533/448972) - Hallway
- ![Bedroom One](/listings/photos/144606533/448973) - Bedroom One
- ![Bedroom Two](/listings/photos/144606533/448974) - Bedroom Two
- ![Bathroom](/listings/photos/144606533/448975) - Bathroom
- ![Rear Garden](/listings/photos/144606533/448976) - Rear Garden

## EPC Graphs

- ![EE Rating](/listings/photos/144606533/448977) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 OAKMEADOW CLOSE, BIRMINGHAM, WEST MIDLANDS, B33 0AQ | £180,000 | 01/11/2024 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 14 ALCOTT GROVE, BIRMINGHAM, WEST MIDLANDS, B33 0EY | £4,000 | 06/01/2026 | Other |
| [Same street] 24 OAKMEADOW CLOSE, BIRMINGHAM, WEST MIDLANDS, B33 0AQ | £177,000 | 13/05/2022 | Terraced |
| [Same street] 6 OAKMEADOW CLOSE, BIRMINGHAM, WEST MIDLANDS, B33 0AQ | £170,000 | 15/11/2021 | Semi-detached |
| 58 EAST MEADWAY, BIRMINGHAM, WEST MIDLANDS, B33 0AP | £324,000 | 03/09/2021 | Other |

**Street average:** £173,500 (2 sales)
**Area average:** £164,000 (2 sales)

## Price vs local average

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

- **Local average:** £652,000 (2 Other, B33, 2024–2026)
- **Deviation:** -72.4%

## Rental Range

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

- **Low:** £979/mo
- **Realistic:** £1,088/mo
- **Optimistic:** £1,197/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £748/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 Terraced House, Scout Close, B33 | £940/mo | 2 | 0.32 miles | OpenRent |

**Average rent: £940/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.52% (weak for cashflow)
- **Max investor price (0.8%):** £117,500
- **Target investor price (1%):** £94,000

*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 £940/mo).*

- **Gross yield:** 6.3%
- **Cost-to-rent:** 16×
- **Monthly cashflow:** £112/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.6%

*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).*

## Capital growth trend

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

- **5y growth:** -98.1%
- **10y growth:** -60%

## House Price Index (HM Land Registry)

*Official index for Birmingham; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 14.9%
- **10y growth (index):** 53.4%

## 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)

IMG_2919.jpeg Lounge Kitchen Lounge Hallway Bedroom One Bedroom Two Bathroom Rear Garden

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Property details

Tenure

FREEHOLD

Floor area

55 m²

Council tax band

Last sold

£180,000 Nov 2024

Local average

£652,000 (-72.4%)

Deprivation

Decile 1 (763 of 33,755)

Street crime

340 incidents within 1 mile (Apr 2026)

Key features

Extremely Well Presented Mid Terrace
Call De Sac Location
Two Bedrooms
Lounge
Fitted Kitchen
Bathroom
Rear Garden
Driveway To Front
Good Local Amenities and Transport Links
Must Be Viewed

Additional details

Parking: Yes
Garden: Yes

Description

This extremely well presented mid terrace home situated in a cul de sac location briefly comprises hallway, lounge, fitted kitchen, two bedrooms and bathroom. There is a low maintenance rear garden and a driveway to the front. The property is located close to local shops and amenities and is close to major transport links .This property is an ideal first time buyer home and must be viewed to appreciate the standard of property on offer.

Approach - Via driveway to front

Hallway - Composite front door, radiator and ceiling light point.

Lounge - 3.56m x 5.03m (11'8 x 16'6 ) - Double glazed sliding patio doors leading to rear garden, stairs to first floor accommodation, two radiators and ceiling light point.

Kitchen - 2.36m x 2.34m (7'9 x 7'8) - Triple glazed window to front, matching wall, base and drawer units, integrated electric oven and hob with extractor over, stainless steel sink unit, space for white goods and ceiling strip light.

Landing - Loft access and ceiling light point.

Bedroom One - 2.95m max to robes x 3.53m (9'8 max to robes x 11' - Triple glazed window to rear, built in wardrobes, radiator and ceiling light point.

Bedroom Two - 2.01m x 3.23m (6'7 x 10'7) - Triple glazed window to front, storage cupboard with hanging rails, radiator and ceiling light point.

Bathroom - Double glazed obscure window to front, wash hand basin, low level w/c, paneled bath with electric shower over, radiator and ceiling light point.

Rear Garden - Low maintenance south- east facing rear garden, having paved patio area, enclosed to neighbouring boundaries, gated access to rear.

Further Information - We endeavour to make our sales particulars accurate and reliable, however they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by Chambers Estate & Letting Agents and we make no guarantee as to their operating ability or efficiency. All measurements have been taken as a guide only to prospective buyers and may not be correct. Potential buyers are advised to re-check measurements and test any appliances. A buyer should ensure that a legal representative confirms all the matters relating to this title including boundaries and any other important matters.

Money Laundering Regulations:intending purchasers will be required to provide proof of identification at offer stage, a sale cannot be agreed without this.

EPC Rating: C
Council Tax Band: B

Listed by

Water Orton

Chambers Estate Agents LTD

Reference: 144606533

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

EE Rating

Price history

Event	Date	Price	% change
Sold	01/11/2024 (1 year ago)	£180,000	—

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
14 ALCOTT GROVE, BIRMINGHAM, WEST MIDLANDS, B33 0EY	£4,000	06/01/2026	Other
Same street 24 OAKMEADOW CLOSE, BIRMINGHAM, WEST MIDLANDS, B33 0AQ	£177,000	13/05/2022	Terraced
Same street 6 OAKMEADOW CLOSE, BIRMINGHAM, WEST MIDLANDS, B33 0AQ	£170,000	15/11/2021	Semi-detached
58 EAST MEADWAY, BIRMINGHAM, WEST MIDLANDS, B33 0AP	£324,000	03/09/2021	Other

Street average: £173,500 (2 sales)

Area average: £164,000 (2 sales)

Capital growth trend

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

5y growth -98.1%

10y growth -60%

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

1y (index) 0.1%

5y (index) 14.9%

10y (index) 53.4%

Rental Range

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

Low £979/mo

Realistic £1,088/mo

Optimistic £1,197/mo

Based on Local Authority from postcode lookup → Birmingham.

LHA (30th percentile) floor for Birmingham: £748/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View B33 0AQ

Nearby

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

Type	Name	Distance
Bus stop	East Meadway / Kyngsford Rd	0.1 miles
Bus stop	East Meadway / Sheldon Hall Avenue	0.1 miles
Shop	Price Cutters	0.4 miles
Shop	Home Sweet Home	0.4 miles
Train station	Lea Hall	0.7 miles
Train station	Marston Green	1.1 miles
Hospital	Brian Oliver Centre	1.2 miles
University	BIMM University Birmingham	4.9 miles
University	University of Birmingham School of Dentistry	6.5 miles
Hospital	George Elliot Medical Centre	11.8 miles

Street-level crime

Category	Count
Violence and sexual offences	155
Criminal damage and arson	37
Vehicle crime	35
Public order	26
Robbery	13
Burglary	12
Drugs	12
Possession of weapons	12
Anti-social behaviour	11
Other theft	11
Shoplifting	10
Other crime	3
Theft from the person	3
Total incidents	340

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
Our Lady's Catholic Primary School	Primary	0.1 miles	Good — 13 May 2016
Centre for Accelerated Learning	Other	0.1 miles	— (No rating)
The Shirestone Academy	Primary	0.1 miles	Outstanding — 28 Jan 2024
Tile Cross Academy	Secondary	0.2 miles	Good — 25 Jun 2024
Leycroft Academy	Other	0.2 miles	Requires improvement — 25 Jun 2024

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 Terraced House, Scout Close, B33	£940/mo	2	0.32 miles	OpenRent

Average rent: £940/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%

Max investor price (0.8%) £117,500

Target investor price (1%) £94,000

Gross yield 6.3%

Cost-to-rent ratio 16×

Monthly cashflow £112/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 2.6%

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).

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