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Birmingham, B23

£140,000|Flat | 2 bedroom | Leasehold|↓7.23% compared to last sold price
Approximate area: B23
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Added on 1st April 2026 by Connells, B'ham North - Sutton Coldfield
On the market for 5 months, 12 days
Summary
A well presented 2 double bedroom 3rd floor flat in the popular Observatory development. OFFERED WITH NO CHAIN. Having allocated undercroft parking space, a lounge with Juliette balcony, fitted kitchen with built-in appliances, electric heating & double glazing, in good order.
Price history
2006 £150,906
£140k£145k£150k£155k20062011201620212026Asking £140,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 14th January 2025 - Valid
EPC rating: C
Property age: 2003-2006
EPC energy efficiency rating: current 73, potential 85
Rent data
16 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £895 to £1,050 which represents a yield of between 7.7% and 9% if buying at the asking price
A yield of 8.5% to 10% if purchased for 90% of the asking price (£126,000)
A yield of 9.6% to 11.3% if purchased for 80% of the asking price (£112,000)
Stamp duty
£
Main and only residence: £300.00
First-time buyer: £0.00
Buy-to-let: £7,300.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None