# 1 bedroom flat for sale (B16 8JA)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 1811, METROPOLITAN HOUSE, 1, HAGLEY ROAD, BIRMINGHAM, EDGBASTON, WEST MIDLANDS B16 8JA |
| Price | £80,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £70,000 Sep 2024 |

## Description

FOR SALE BY MODERN METHOD OF AUCTION

Elevate Your Lifestyle with this Exceptional One-Bedroom Apartment with a Study on the 18th Floor of the Sought-After Development at One Hagley Road!

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation

Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information

Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase

price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the

Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the

service is taken. Payment varies but will be no more than £450. These services are optional.

As you step into this apartment, you'll be captivated by the stunning open plan living and dining room. Designed to maximize space and natural light, it offers a seamless blend of comfort and style. The modern kitchen is a haven for culinary enthusiasts, featuring top-tier appliances, ample storage, and pristine countertops. The adjacent study is a versatile space, perfect for remote work, creative endeavors, or even a cozy reading nook. A place of quiet productivity or relaxation, it adapts effortlessly to your lifestyle.

Located on the 18th floor, this apartment boasts panoramic views that will take your breath away. Gaze upon the cityscape, savoring both sunrise and sunset from the comfort of your own private retreat.

One Hagley Road is renowned for its popularity and desirability. This apartment presents an unparalleled investment opportunity, owing to its prime location, modern amenities, and the ongoing appreciation of property values in the area. Whether you're seeking a reliable rental income or long-term appreciation, this property is a sound investment.

The development offers a world-class concierge service, providing assistance with daily tasks, package handling, and security. Enjoy the convenience and luxury of a dedicated concierge at your service. Your peace of mind is paramount. The apartment is equipped with a security intercom system, ensuring safety and control over who enters your space.

One Hagley Road is perfectly situated for those who crave a vibrant urban lifestyle. Enjoy proximity to restaurants, shopping, entertainment, and excellent transport connections, giving you easy access to the city's finest offerings.

Council Tax Band: C

Tenure: Leasehold

Service Charge: £2,563

Ground Rent: £250

Ground Rent Review Period: TBC

Ground Rent Review Amount: TBC

Next Ground Rent Review: TBC

Parking Arrangements: N/A

Property Construction: Brick

Electricity Supply: Mains 

Water Supply: Mains

Sewerage: Mains 

Heating Supply: Electric

Broadband: Refer to Ofcom

Mobile Signal Coverage: No known issues

Building Safety Issues: None

Restrictions: None

Rights And Easements: None

Flood Risks Or Previous Flooding: No

Past Or Present Planning Permissions Or Applications: No

Is the property located in a Coalfield Or Mining Area: No

AGENTS NOTE: 

We have not tested any of the electrical, central heating or sanitaryware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.

FIXTURES AND FITTINGS: 

All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.

## Property Photos

- ![Picture No. 10](/listings/photos/144199559/337024) - Picture No. 10
- ![Picture No. 06](/listings/photos/144199559/337025) - Picture No. 06
- ![Picture No. 03](/listings/photos/144199559/337027) - Picture No. 03
- ![Picture No. 07](/listings/photos/144199559/337029) - Picture No. 07
- ![Picture No. 04](/listings/photos/144199559/337031) - Picture No. 04
- ![Picture No. 08](/listings/photos/144199559/337032) - Picture No. 08
- ![Picture No. 09](/listings/photos/144199559/337034) - Picture No. 09
- ![Picture No. 02](/listings/photos/144199559/337036) - Picture No. 02
- ![Picture No. 05](/listings/photos/144199559/337037) - Picture No. 05

## Floorplans

- ![Floorplan](/listings/photos/144199559/337038) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/144199559/337039) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| METROPOLITAN HOUSE, 1 APARTMENT 1811 HAGLEY ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £70,000 | 13/09/2024 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 1811 HAGLEY ROAD, EDGBASTON, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £117,900 | 18/04/2016 | 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 |
|---------|-------|------|------|
| METROPOLITAN HOUSE, 1 APARTMENT 1203 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HX | £70,000 | 14/11/2025 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 2105 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £90,000 | 11/08/2025 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 706 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HU | £103,000 | 04/03/2025 | Flat |
| BROADWAY, 105 APARTMENT 208 BROAD STREET, BIRMINGHAM, WEST MIDLANDS, B15 1BF | £230,000 | 10/08/2023 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 712 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HU | £114,000 | 14/07/2023 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 304 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £130,000 | 17/04/2023 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 1912 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £110,000 | 29/01/2023 | Flat |
| BROADWAY PLAZA, 219 26 THE PURPLE APARTMENTS LADYWOOD MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B16 8EQ | £145,000 | 21/12/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 503 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £160,000 | 14/12/2022 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 2009 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £120,000 | 30/09/2022 | Flat |
| GARDEN COURT, 231 - 232 FLAT 16 LADYWOOD MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B16 8EU | £110,500 | 30/09/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 1401 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HX | £125,000 | 16/09/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 306 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £185,000 | 14/09/2022 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 2011 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £133,000 | 13/09/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 1506 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HX | £161,000 | 12/08/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 504 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £152,500 | 05/08/2022 | Flat |
| GARDEN COURT, 231 - 232 FLAT 9 LADYWOOD MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B16 8EU | £138,000 | 28/07/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 301 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £120,000 | 26/07/2022 | Flat |
| GARDEN COURT, 231 - 232 FLAT 15 LADYWOOD MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B16 8EU | £120,000 | 22/07/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 610 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £168,000 | 13/06/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 315 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £117,000 | 09/06/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 912 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HU | £118,000 | 17/05/2022 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 2101 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £131,500 | 06/05/2022 | Flat |
| METROPOLITAN HOUSE, 1 APARTMENT 514 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8HT | £152,500 | 29/04/2022 | Flat |
| GARDEN COURT, 231 - 232 FLAT 10 LADYWOOD MIDDLEWAY, BIRMINGHAM, WEST MIDLANDS, B16 8EU | £125,000 | 14/04/2022 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 1904 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £135,000 | 07/04/2022 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 1703 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £200,000 | 01/02/2022 | Flat |
| [Same street] METROPOLITAN HOUSE, 1 APARTMENT 1910 HAGLEY ROAD, BIRMINGHAM, WEST MIDLANDS, B16 8JA | £174,000 | 15/09/2021 | Flat |

**Street average:** £136,688 (8 sales)
**Area average:** £137,225 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £126,815 (24 Flat, B16, 2024–2026)
- **Deviation:** -36.9%

## Rental Range

*ONS Price Index of Private Rents (Birmingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £977/mo
- **Realistic:** £1,086/mo
- **Optimistic:** £1,195/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Mid Staffs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £499/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 Detached House, Stirling Road, B16 | £730/mo | 1 | 0.66 miles | OpenRent |
| Studio Flat, Clarendon Road, B16 | £750/mo | 1 | 0.75 miles | OpenRent |
| 1 Bed Flat, Mariner Avenue, B16 | £875/mo | 1 | 0.83 miles | OpenRent |
| Studio Flat, Summerfield Crescent, B16 | £750/mo | 1 | 0.99 miles | OpenRent |
| Bedsit, Gillot Rd, B16 | £925/mo | 1 | 1.05 miles | OpenRent |

**Average rent: £806/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.94% (okay)
- **Max investor price (0.8%):** £93,750
- **Target investor price (1%):** £75,000

*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 £750/mo).*

- **Gross yield:** 11.3%
- **Cost-to-rent:** 8.9×
- **Monthly cashflow:** £335/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 17.3%

*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:** -30.9%
- **10y growth:** 2.8%

## House Price Index (HM Land Registry)

*Official index for Birmingham; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.6%
- **5y growth (index):** 4.6%
- **10y growth (index):** 34.9%

## 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)