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28 Carver Street, Jewellery Quarter B1 - Image 1
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28 Carver Street, Jewellery Quarter B1

West Midlands

£500,000
Listed on 21/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold commercial property presents a compelling investment opportunity in Birmingham's vibrant central area. With its current configuration as commercial premises, there lies considerable scope for transformation into residential apartments or a mixed-use development, pending the appropriate planning approvals. The site is optimally situated near key attractions like Brindleyplace and the Jewellery Quarter, with excellent transport links through New Street, Snow Hill, and Moor Street stations enhancing its appeal for potential residents and businesses alike. The surrounding locale has witnessed significant investment and revitalization, contributing to its desirability among professionals and students seeking urban living environments. This property's potential for redevelopment not only promises promising returns but also aligns with the ongoing trend of city centre living. Given the current state of the building requiring substantial refurbishment, it offers an exceptional canvas for those looking to capitalize on the growth of this rapidly evolving area.

Investment Analysis

(B18 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£259
Avg Yield
7.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (B18)

Area prices are rising by +2.4% over the last 12 months
3 year growth: 4.5%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on B18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

28 Carver Street, Jewellery Quarter B1
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE