# 1 bedroom apartment for sale (B1 3AQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 122, WEXLER LOFTS, 100, CARVER STREET, BIRMINGHAM, WEST MIDLANDS B1 3AQ |
| Price | £195,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £180,000 Jan 2020 |

## Description

***Investors Only*** Tenanted until March 2020. A stunning one bedroom apartment at the popular Wexler Lofts development in Birmingham`s Jewellery Quarter. With over 700 square feet of accommodation, this beautiful property is enhanced by several original features including exposed brickwork. The property comprises entrance hall, open plan lounge / fitted kitchen with integrated appliances, double bedroom and family bathroom with separate shower cubicle. The property also benefits from a secure intercom entry system. EPC Rating B.

**Hallway** - 4.67m x 1.12m (15'04" x 3'08") - laminated flooring, raised step with automatic uplighting system, storage/airing cupboard, doors leading to all rooms

**Living Area/Kitchen** - 5.99m x 5.31m (19'08" x 17'05") - Quality Laminate flooring, exposed brick walls, underfloor heating, double glazed windows with street aspect, fully fitted kitchen with integrated appliances

**Bedroom** - 3.51m x 4.19m (11'06" x 13'09") - Carpeted flooring, built in wardrobe, underfloor heating

**Bathroom** - 2.90m x 2.29m  (9'06" x 7'06" ) - white ceramic sink, w/c and bath, separate walk-in shower, tiled flooring and to splash prone areas

**Leasehold** - Lease 125 Years from 2004

Service charge 1,300 per annum

Ground rent £250 per annum

## Property Photos

- ![Photo](/listings/photos/72863884/1630064)
- ![Photo](/listings/photos/72863884/1630065)
- ![Photo](/listings/photos/72863884/1630066)
- ![Photo](/listings/photos/72863884/1630067)
- ![Photo](/listings/photos/72863884/1630068)
- ![Photo](/listings/photos/72863884/1630069)

## EPC Graphs

- ![EE Rating](/listings/photos/72863884/1630070) - EE Rating
- ![EI Rating](/listings/photos/72863884/1630071) - EI Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| WEXLER LOFTS, 100 APARTMENT 122 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £180,000 | 23/01/2020 | Flat |
| WEXLER LOFTS, 100 APARTMENT 122 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £145,000 | 11/05/2007 | 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 104 CARVER STREET, BIRMINGHAM, WEST MIDLANDS, B1 3AQ | £227,000 | 22/01/2024 | 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 |
| 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:** £198,925 (20 sales)

## Price vs local average

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

- **Local average:** £172,333 (39 Flat, B1, 2024–2026)
- **Deviation:** +13.2%

## 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:** 1.15% (strong)
- **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:** 13.8%
- **Cost-to-rent:** 7.2×
- **Monthly cashflow:** £1,232/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 26.1%

*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:** -26.5%
- **10y growth:** -11%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.4%
- **5y growth (index):** 4.3%
- **10y growth (index):** 32.5%

## 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)