# 1 bedroom apartment for sale (B1 3AQ) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 104, WEXLER LOFTS, 100, CARVER STREET, BIRMINGHAM, WEST MIDLANDS B1 3AQ | | Price | £235,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Construction age | England and Wales: 1900-1929 | | Floor area | 55 m² | | Last sold | £227,000 Jan 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** D - **Expiry date:** 31/10/2031 - **Est. upgrade cost to C:** £14,655 ### Recommendations - Q (£4,000 - £14,000) - W2 (£4,000 - £6,000) - Y (£585 - £725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2639-7929-2109-0589-0206) ## Description **DESCRIPTION** **** James Laurence are pleased to present an immaculately presented, individual designed one bedroom loft apartment in the sought after Wexler lofts development. The property spans over 696 Sq. Ft. and comprises of:- An entrance hall, open plan living & kitchen area fitted with a top of the range kitchen with freestanding appliances, master bedroom with built in wardrobes, family bathroom and boasts a secured and allocated parking space. The property also benefits from large picture windows, high ceilings, exposed brickwork, solid flooring and a daytime concierge service. A must view to avoid disappointment!  **ENTRANCE** **HALL** ****   **OPEN** **PLAN** **LIVING** **&** **KITCHEN** **AREA** **26' 1" x 16' 7" (7.95m x 5.05m)**   **MASTER** **BEDROOM** **15' 4" x 9' 9" (4.67m x 2.97m)**   **FAMILY** **BATHROOM** ****   **PARKING** **** The property boasts one secure and allocated parking space.   **LOCATION** **** 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 and is already a prestigious and highly desired part of Birmingham. It is experiencing further development as some of the old factories are converted into apartments, restaurants and shops. It is only a short distance to all that Birmingham City Centre has to offer including the Colmore Business District.  **JAMES** **LAURENCE** **ESTATE** **AGENTS** **** Agents Note: We have not tested any of the electrical, central heating or sanitary ware 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. All material information stated below has been provided by our client, but we would request all information to be verified by the purchaser's chosen solicitor. 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. Tenure: Leasehold Services: All mains' services are connected to the property. Local Authority: Birmingham City Council Council Tax Band - D Service Charge - £1960.00 Per Annum Ground Rent - £250.00 Per Annum (For the Apartment) & £50.00 Per Annum (For the Parking). So in total £300.00 Per Annum. Ground Rent Review Period - TBC Length of Lease - 105 Years Remaining (125 Years from 1st March 2002) To complete our comprehensive service, James Laurence Estate Agents is pleased to offer the following:- Free Valuation: Please contact the office on to make an appointment. Residential Lettings and Management: If you are interested in letting out your property or are considering renting a property, please contact our office to find out further information. Conveyancing: Very competitively priced rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details. Financial Services: James Laurene Estate Agents work with an independent Mortgage Service offering face to face mortgage advice to suit your needs. Please contact the office on to make a free appointment.   ## Property Photos - ![Photo](/listings/photos/135685211/1629879) - ![Photo](/listings/photos/135685211/1629881) - ![Photo](/listings/photos/135685211/1629882) - ![Photo](/listings/photos/135685211/1629884) - ![Photo](/listings/photos/135685211/1629886) - ![Photo](/listings/photos/135685211/1629887) - ![Photo](/listings/photos/135685211/1629888) - ![Photo](/listings/photos/135685211/1629889) - ![Photo](/listings/photos/135685211/1629890) - ![Photo](/listings/photos/135685211/1629893) - ![Photo](/listings/photos/135685211/1629895) ## Floorplans - ![Floorplan 1](/listings/photos/135685211/1629897) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/135685211/1629900) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £227,000 | 22/01/2024 | Flat | | WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £200,000 | 08/03/2017 | Flat | | WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £129,000 | 12/12/2014 | Flat | | WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £100,000 | 10/07/2009 | Flat | | WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £143,500 | 27/04/2007 | Flat | | WEXLER LOFTS, 100 APARTMENT 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £130,000 | 27/01/2006 | 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 | | WEXLER LOFTS, 100 APARTMENT 214 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £230,000 | 11/07/2025 | Flat | | WEXLER LOFTS, 100 APARTMENT 124 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £245,000 | 28/06/2024 | Flat | | WEXLER LOFTS, 100 APARTMENT 410 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £235,000 | 15/05/2024 | Flat | | WEXLER LOFTS, 100 APARTMENT 302 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £230,000 | 07/02/2024 | Flat | | 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 | | 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 | | WEXLER LOFTS, 100 APARTMENT 140 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £170,000 | 27/04/2023 | Flat | | WEXLER LOFTS, 100 PENTHOUSE 4 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £240,000 | 17/02/2023 | Flat | **Area average:** £193,325 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £172,333 (39 Flat, B1, 2024–2026) - **Deviation:** +36.4% ## 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 | |------|------|------|------|------| | Studio Flat, Kettleworks, B1 | £850/mo | 1 | 0.14 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: £1,920/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.96% (okay) - **Max investor price (0.8%):** £281,250 - **Target investor price (1%):** £225,000 *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 £2,250/mo).* - **Gross yield:** 11.5% - **Cost-to-rent:** 8.7× - **Monthly cashflow:** £1,075/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 18.9% *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:** £4,273/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% ## 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)