# 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

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

## 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)