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See how verdicts work1-bedroom flat · B13 8EP
For saleReduced £15k (−8.8%) on 25 OctListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview Flat 3, 124 Alcester Road is a modern, tastefully presented, well proportioned, 1 double bedroom, 1st floor apartment, most conveniently situated in the heart of the very vibrant Moseley village centre and further benefitting from an impressive private sun terrace.
Vendor Comments "I’ve absolutely loved living in this apartment in the heart of Moseley.
One of its best features, and the thing I’ll miss most, is the large private terrace — it’s been the perfect space to relax, entertain friends, or just enjoy a coffee in the sunshine.
The location couldn’t be better: just a short stroll to all of Moseley’s brilliant shops, restaurants, cafés, and bars, and with excellent links straight into Birmingham City Centre.
It really does give you the best of both worlds — the buzz of village life with easy access to the city. The apartment itself is modern, bright, and welcoming.
I bought it new and have been the only person to live here, so it’s been very well looked after.
It’s been an ideal home for me as a young professional, and I think it would make a wonderful first home for someone else looking to enjoy everything Moseley has to offer.
I will be very sad to move on but it’s time for me to continue up the ladder." Tenure We have been advised that the property is LEASEHOLD, with approximately 143 years unexpired and is subject to a current annual service charge of £2,493.82 and a current annual ground rent of £172.95, which is currently subject to a review every 10 years.
You should check this with your legal advisor before exchanging contracts.
Local Authority Birmingham City Council - Tax Band C Services Mains electricity (currently supplied by Octopus Energy), water, drainage and sewerage (Severn Trent).
According to OFCOM the maximum download/upload speeds are 1,800 Mbps and 220 Mbps respectively for this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About 124, Alcester Road, 124 Alcester Road, Birmingham
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