Lexington Gardens, Birmingham
B153LW
£270,000
Key numbers
Comp median
£201,500
+34% vs asking
Est. rent
£1,780/mo
7.9% gross yield
Condition
7/10
Good
SDLT
£9,100
Running costs
£527/mo
2yr trend
-2.7%
slow liquidity
AI Summary
This is a top-floor, two-bedroom executive apartment in Park Central, B15 — a well-regarded Birmingham city fringe location close to the Mailbox and Grand Central. However, the asking price of £270,000 sits materially above the comp median of £201,500 for the area, which raises genuine questions about value for money at this price point. Buyers should commission an independent RICS valuation, scrutinise the lease terms and service charge history, and satisfy themselves that the premium is justified by the specific unit's position, finish, and building quality.
Comparable sales - 20 transactions
Median ARV
£201,500
Min
£55,000
Max
£370,000
88 LEASOW DRIVE
£135,000
32 WHETSTONE CLOSE
£188,000
50 ALFRED KNIGHT WAY
£72,000
8 WARWICK CREST
£180,000
ST. JAMES PLACE, 34 APARTMENT 18 GEORGE ROAD
£370,000
~£1,780/mo
Based on 25 nearby lettings · range £1,655–£1,900/mo
Gross yield
7.9%
Median
£1,780
pcm
Low
£1,655
pcm
High
£1,900
pcm
£1,100pcm
£3,900pcm
£3,250pcm
£3,250pcm
£3,150pcm
£2,600pcm
£1,900pcm
£1,900pcm
Stamp Duty Land Tax (SDLT) · England & N. Ireland
Purchase price: £270,000 · Effective rate: 3.4%
£9,100
Stamp Duty Land Tax applies in England & Northern Ireland. Higher rates apply to additional properties. First-time buyer relief available on properties up to £500,000.
Due within 14 days of completion. Your solicitor typically handles filing and payment.
Mortgage Brokers
UK-wide online mortgage broker · Free, whole-of-market
Solicitors & Conveyancers
Online conveyancing · Fixed fees from £595 · No completion, no fee
Verified partners selected for your area. Always compare multiple quotes.
AI photo assessment
Condition
7/10
GoodKerb appeal
7/10
Positives from photos
Cavity wall, filled cavity
Estimated annual saving of £157 if all EPC-recommended upgrades are completed
Wall insulation: ~£700. Could save ~£157/yr on energy.
Planning constraints (England)
Planning restrictions apply - permitted development rights may be limited
Certain permitted development rights have been removed
Crime - 475 incidents (2026-01)
Crime data from Police UK. Covers incidents reported within approximately 1 mile.
Low coal mining risk
Estimated monthly costs
£527/mo
EPC certificate (heating + hot water + lighting)
Estimated Band G from 174m² floor area
Regional average (local provider)
Estimated UK average
Estimated from 174m² (Apartment)
These are estimates based on averages and EPC data. Actual costs will vary depending on usage, provider, and local authority rates.
Moderate transaction volume in this area.
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BRICK. Property Intelligence
Report prepared 31 March 2026
Data sources
HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority, SpareRoom, and portal listing data. Market statistics derived from 30M+ recorded transactions.
Important
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. While we strive for accuracy, we make no warranties about the completeness or reliability of the information. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
BRICK. Property Intelligence
Data: HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority. Market statistics from 30M+ transactions.
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
9 April 2026 | brickstack.co.uk







