3-bedroom flat · B15 1FF
Let agreedListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"Moda, The Mercian is a striking 42-storey residential tower in Birmingham, home to 481 thoughtfully designed rental apartments.
Residents enjoy an impressive range of premium amenities, including a 24-hour gym, rooftop running track, private cinema, and co-working spaces-all paired with sweeping panoramic views across the city.
Ideal for entertaining, the spacious kitchen includes quartz worktops, high-spec Samsung appliances, and a six-seater dining table.
The open-plan living area features floor-to-ceiling windows, a plush sofa, lounge chair, and 50” Samsung 4K TV. All bedrooms include fitted wardrobes, ottoman beds, and deluxe mattresses.
The apartment offers both an en-suite with rainfall shower and a house bathroom with a bath and separate shower, both finished in elegant porcelain tiling.
*Photographs & floorplans illustrate one apartments layout & finish. Sizes, prices, layouts, and finishes vary." To check broadband and mobile phone coverage please visit Ofcom here
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 429, The Mercian, 218 Broad St, Birmingham
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