1-bedroom flat · B15 1FF
No longer listedListed 20 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.
The kitchen boasts quartz worktops and integrated Samsung appliances, paired with a marble-topped dining table for two.
The bright living area features a plush sofa, 50” Samsung 4K TV, and floor-to-ceiling windows. The bedroom offers a bespoke wardrobe, ottoman bed with storage, and a premium mattress.
The en-suite includes a rainfall shower, porcelain tiles, heated towel rail, and LED-lit vanity unit. *Photographs & floorplans illustrate one apartments layout & finish.
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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.
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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 advisers 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 424, The Mercian, 218 Broad Street, Birmingham
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