# 1 bedroom apartment for sale (B1 3AQ) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 302, WEXLER LOFTS, 100, CARVER STREET, BIRMINGHAM, WEST MIDLANDS B1 3AQ | | Price | £229,950 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | TBC | | Construction age | England and Wales: 1900-1929 | | Floor area | 85 m² | | Last sold | £230,000 Feb 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** C - **Expiry date:** 29/03/2032 - **Current heating cost:** £1,342/year - **Est. upgrade cost to C:** £10,000 ### Recommendations - Q (£4,000 - £14,000) - L2 (£800 - £1,200) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7703-3015-4207-1782-4200) ## Description This nicely presented, larger than average, one bedroom loft apartment is situated on the 3rd floor of the sought after Wexler lofts development in the heart of the Jewellery Quater. The property spans over 85 Square meters and comprises:- An entrance hall, open plan living & kitchen area, bedroom and ensuite bathroom. The property also benefits from large picture windows, high ceilings, exposed brickwork, solid flooring, a daytime concierge service and secure allocated underground parking. The property is located in the heart of Birmingham's Jewellery Quarter. The Jewellery Quarter is a designated conservation area and proposed World Heritage Site. It is already a prestigious and highly desired part of Birmingham. Currently undergoing further redevelopment, many of the old factories are converted into stylish apartments, restaurants and shops. Within only a short distance to all that Birmingham City Centre has to offer including the Colmore Business District, Bullring Shopping Centre and transport links such as New Street Station. BENEFIT OF NO UPWARD CHAIN. The property is approached via a fob secure communal door, with stairs leading to the 3rd floor where 302 Wexler Loft is located. Main wooden front door through to: HALLWAY: With oak flooring, large aluminium windows to rear aspect, fuse box, ceiling light fittings and electric radiator. Doors to: OPEN PLAN KITCHEN/ DINING/ LIVING ROOM: Southwest facing, with oak flooring, ceiling light fittings, large storage cupboards, 4 electric radiators, large aluminium double-glazed windows to front aspect and high ceilings. Kitchen: - Matching wall and base units, island, integrated hob, oven dishwasher and under counter fridge freezer. Spotlight fittings and stainless-steel sink with drainer and mixer tap. Door to: BEDROOM: With oak flooring, ceiling light fittings, bare brick wall, frosted window wall partition, aluminium double-glazed door to Juliette balcony. Door to: BATHROOM: With tiled floor, partly tiled walls, spotlight fittings, extractor fan, white suite comprising wash hand basin, WC and bath with mains shower overhead. Cupboard housing space and fittings for washing machine. Further floor leading back into the HALLWAY. OUTSIDE: Secure allocated underground parking. TENURE: We understand the flat is LEASEHOLD with 104 years remaining, though interested parties should obtain verification from their own solicitor. We have been informed that annual service charge is £2,500 and the annual ground rent is £300. ## Property Photos - ![Picture No. 05](/listings/photos/134963582/1629839) - Picture No. 05 - ![Picture No. 18](/listings/photos/134963582/1629841) - Picture No. 18 - ![Picture No. 04](/listings/photos/134963582/1629843) - Picture No. 04 - ![Picture No. 06](/listings/photos/134963582/1629844) - Picture No. 06 - ![Picture No. 02](/listings/photos/134963582/1629846) - Picture No. 02 - ![Picture No. 09](/listings/photos/134963582/1629847) - Picture No. 09 - ![Picture No. 10](/listings/photos/134963582/1629849) - Picture No. 10 - ![Picture No. 11](/listings/photos/134963582/1629851) - Picture No. 11 - ![Picture No. 12](/listings/photos/134963582/1629853) - Picture No. 12 - ![Picture No. 14](/listings/photos/134963582/1629854) - Picture No. 14 - ![Picture No. 15](/listings/photos/134963582/1629858) - Picture No. 15 - ![Picture No. 03](/listings/photos/134963582/1629860) - Picture No. 03 - ![Picture No. 07](/listings/photos/134963582/1629861) - Picture No. 07 - ![Picture No. 16](/listings/photos/134963582/1629863) - Picture No. 16 - ![Picture No. 17](/listings/photos/134963582/1629865) - Picture No. 17 - ![Picture No. 08](/listings/photos/134963582/1629867) - Picture No. 08 - ![Picture No. 19](/listings/photos/134963582/1629869) - Picture No. 19 - ![Picture No. 01](/listings/photos/134963582/1629871) - Picture No. 01 - ![Picture No. 13](/listings/photos/134963582/1629873) - Picture No. 13 ## Floorplans - ![Floorplan](/listings/photos/134963582/1629875) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/134963582/1629878) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | WEXLER LOFTS, 100 APARTMENT 302 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £230,000 | 07/02/2024 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | TREASURE HOUSE, 4 APARTMENT 10 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3ER | £157,000 | 28/11/2025 | Flat | | AMAZON LOFTS APARTMENT 321 TENBY STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AJ | £143,000 | 26/11/2025 | Flat | | TREASURE HOUSE, 4 APARTMENT 17 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3ER | £265,000 | 01/08/2025 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 214 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £230,000 | 11/07/2025 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 124 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £245,000 | 28/06/2024 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 410 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £235,000 | 15/05/2024 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £227,000 | 22/01/2024 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 306 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £205,000 | 20/12/2023 | Flat | | ORB APARTMENT 5 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AP | £228,500 | 30/11/2023 | Flat | | SYDENHAM PLACE, 19C TENBY STREET NORTH, BIRMINGHAM, WEST MIDLANDS, B1 3EN | £115,000 | 10/11/2023 | Flat | | METALWORKS APARTMENTS, 91 71 WARSTONE LANE, BIRMINGHAM, WEST MIDLANDS, B18 6PG | £216,500 | 08/11/2023 | Flat | | TREASURE HOUSE, 1 THE BASEMENT CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AS | £33,500 | 30/10/2023 | Flat | | 39 APARTMENT 403 POWELL STREET, BIRMINGHAM, WEST MIDLANDS, B1 3DH | £120,000 | 16/10/2023 | Flat | | ORB, 6 APARTMENT 71 TENBY STREET, BIRMINGHAM, WEST MIDLANDS, B1 3EL | £210,000 | 13/10/2023 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 218 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £240,000 | 04/09/2023 | Flat | | ALBION COURT 101 ALBION STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AA | £245,000 | 25/08/2023 | Flat | | SUMMER HOUSE, 95 APARTMENT 303 POPE STREET, BIRMINGHAM, WEST MIDLANDS, B1 3BJ | £170,000 | 28/07/2023 | Flat | | 34 APARTMENT 2 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AS | £168,000 | 30/06/2023 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 140 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £170,000 | 27/04/2023 | Flat | | [Same street] WEXLER LOFTS, 100 PENTHOUSE 4 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £240,000 | 17/02/2023 | Flat | | 44 APARTMENT 22 CAMDEN STREET, BIRMINGHAM, WEST MIDLANDS, B1 3DP | £250,000 | 07/02/2023 | Flat | | ORB, 104 APARTMENT 16 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AP | £200,000 | 27/01/2023 | Flat | | 44 APARTMENT 9 CAMDEN STREET, BIRMINGHAM, WEST MIDLANDS, B1 3DP | £290,500 | 26/01/2023 | Flat | | AMAZON LOFTS APARTMENT 407 TENBY STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AJ | £250,000 | 13/01/2023 | Flat | | AMAZON BUILDING LOFT 11 TENBY STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AJ | £240,000 | 16/12/2022 | Flat | | 44 APARTMENT 6 CAMDEN STREET, BIRMINGHAM, WEST MIDLANDS, B1 3DP | £199,500 | 16/12/2022 | Flat | | CAMDEN HOUSE, 80 APARTMENT 110 POPE STREET, BIRMINGHAM, WEST MIDLANDS, B1 3BH | £162,000 | 16/12/2022 | Flat | | 44 APARTMENT 10 CAMDEN STREET, BIRMINGHAM, WEST MIDLANDS, B1 3DP | £310,400 | 14/12/2022 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 412 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £279,000 | 30/09/2022 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 316 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £290,000 | 12/08/2022 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 116 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £175,000 | 21/03/2022 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 206 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £180,000 | 02/03/2022 | Flat | | [Same street] WEXLER LOFTS, 100 PENTHOUSE 2 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £287,500 | 17/12/2021 | Flat | | [Same street] WEXLER LOFTS, 100 APARTMENT 304 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £235,000 | 24/09/2021 | Other | | [Same street] WEXLER LOFTS, 100 APARTMENT 128 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £255,000 | 09/08/2021 | Flat | **Street average:** £232,900 (15 sales) **Area average:** £198,695 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £172,333 (39 Flat, B1, 2024–2026) - **Deviation:** +33.4% ## Rental Range *ONS Price Index of Private Rents (Birmingham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £981/mo - **Realistic:** £1,090/mo - **Optimistic:** £1,199/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Birmingham (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £693/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 | |------|------|------|------|------| | 1 Bed Flat, Orb, B1 | £1,100/mo | 1 | 0.04 miles | OpenRent | | 1 Bed Penthouse, Birmingham, B1 | £3,450/mo | 1 | 0.08 miles | OpenRent | | 1 Bed Flat, Camden St, B1 | £1,150/mo | 1 | 0.09 miles | OpenRent | | Studio Flat, Kettleworks, B1 | £850/mo | 1 | 0.14 miles | OpenRent | | 1 Bed Flat, The Quadrant, B1 | £1,050/mo | 1 | 0.21 miles | OpenRent | | 1 Bed Flat, The Quadrant, B1 | £900/mo | 1 | 0.21 miles | OpenRent | | 1 Bed Flat, Spencer Point, B18 | £2,000/mo | 1 | 0.25 miles | OpenRent | | 1 Bed Flat, Spencer Point, B18 | £2,250/mo | 1 | 0.25 miles | OpenRent | | 1 Bed Flat, Spencer Point, B18 | £2,250/mo | 1 | 0.25 miles | OpenRent | | 1 Bed Flat, Spencer Point, B18 | £2,250/mo | 1 | 0.25 miles | OpenRent | **Average rent: £1,725/mo (10 listings)** ## 1% Rule - **Rent ratio:** 0.68% (weak for cashflow) - **Max investor price (0.8%):** £196,875 - **Target investor price (1%):** £157,500 *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 £1,575/mo).* - **Gross yield:** 8.2% - **Cost-to-rent:** 12.2× - **Monthly cashflow:** £487/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8.8% *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).* ## Price per Square Metre - **£/m²:** £2,705/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -26.5% - **10y growth:** -11.5% ## House Price Index (HM Land Registry) *Official index for Birmingham; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -2.6% - **5y growth (index):** 5% - **10y growth (index):** 36.2% ## 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)