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Balfour Court, Lichfield Road, Four Oaks, B74 4DB
For saleReduced 6 Nov 2026
£130,000Offers over

Balfour Court, Lichfield Road, Four Oaks, B74 4DB

1bedroom
1bathroom
Flattype
570sq ft
Leaseholdtenure

Listed 14 Apr 2026 · price reduced 6 Nov 2026 · Sutton Coldfield

How the price compares

This home£130,000£228 per sq ft
Median 1 bed in B74£145k15 homes listed · £228 per sq ft
Difference-10%below the area median

Key features

  • Ideal for first-time buyers, downsizers or investors
  • Sought-after Mere Green location close to shops and transport links
  • Long lease approx. 141 years with peppercorn ground rent
  • Well maintained communal gardens
  • Garage in a separate block
  • FULLY RE-WIRED & NEW MODERN ELECTRIC RADIATORS
  • Large, bright lounge/dining room with dual aspect
  • Spacious one bedroom first floor apartment
  • PLEASE QUOTE REF: JT1146 WHEN ENQUIRING.

About this home

PLEASE QUOTE REF: JT1146 WHEN ENQUIRING. Spacious One Bedroom Apartment with Garage A generously proportioned one bedroom first floor apartment, ideally positioned within easy reach of Mere Green’s popular shops, cafes and excellent transport links. The property has been priced to reflect both the recent upgrades completed and the opportunity for a buyer to further enhance and reconfigure the space to suit their needs. Having recently benefited from improvements including new electrics and modern heating, the apartment offers a solid, move-in ready base with excellent potential to add value. Accommodation Accessed via a well-maintained communal entrance, the apartment opens into a welcoming hallway with secure entry system and useful storage. The large lounge/dining room is a standout feature, with two generous windows overlooking the front gardens, creating a bright and airy space ideal for both relaxing and entertaining. The breakfast kitchen provides ample storage and worktop space, along with room for a table and chairs. The double bedroom is well proportioned and benefits from extensive fitted wardrobes, offering excellent built-in storage. A good sized bathroom completes the accommodation, fitted with a white suite and shower over bath. Opportunity to Add Value While key upgrades have already been completed, there is scope for cosmetic improvement, including removal of wallpaper and redecoration. In addition, the generous layout offers potential to reconfigure into a two bedroom apartment, subject to layout, building regulations and any necessary consents. This creates a compelling opportunity for buyers looking to maximise both space and future value. Investment Potential The property also offers strong investment appeal, with estimated rental income of £925–£950 pcm, equating to approximately 7% gross yield. After factoring in service charges, this provides a realistic net return of around 6% (self-managed), making it a solid option in a high-demand rental location. Outside Garage located in a separate block Well maintained communal gardens Pleasant green surroundings

Key Information Extended lease with approx. 141 years remaining Peppercorn ground rent Separate garage lease (approx. 51 years remaining) Service charge: £615.83 per half year Council Tax Band B

Why This Property? A rare opportunity to secure a spacious apartment in a sought-after location, combining immediate usability with future potential. Ideal for first-time buyers, downsizers or investors looking for space, flexibility and strong long-term upside.

Property details

Property type
Flat
Size
570 sq ft / 53 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
141 years left
Ground rent
£0 per year
Service charge
£1,231.66 per year
Parking
Garage, On street, Communal
Garden
Communal garden

Floorplan

Floorplan 1

Location

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1 on this map

  • Butlers Lane Station0.3 mi
  • Four Oaks Station0.8 mi
  • Blake Street Station1.1 mi

What nearby homes sold for

Median sold prices in B74 over the last 12 months: detached £612k · semi-detached £360k · flat £186k · terraced £328k.

AddressTypeSoldPrice
Flat 17, Balfour Court, 361, Lichfield Road
Sutton Coldfield B74 4DB
Flat
Leasehold
7 Jul 2026£140,000
Flat 1, Balfour Court, 361, Lichfield Road
Sutton Coldfield B74 4DB
Flat
Leasehold
12 Jan 2024£150,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in B74

Buying costs

Monthly repayment£650£13,000 deposit · £117,000 loan
Stamp Duty£100England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by eXp UK, West Midlands on Rightmove (original listing). First listed 14 Apr 2026; details checked 7 Nov 2026. Latest change: reduced yesterday.

Agent disclaimer

Disclaimer - Property reference S1687431. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eXp UK, West Midlands. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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