Apartment 1, 63 Water Street, Birmingham, B3 1HN
HP Score
- BUYStrong overall fundamentals
- INVESTIGATESome risks
- AVOIDHigh risk factors
AI Verdict
Derived from HomePortfolio scores
Apartment 1 earns a BUY rating with HP Score 78/100. Investment score 64/100 reflects moderate fundamentals. Crime intensity is low. Walkability is excellent (98/100). Flood risk is rated very low. Verdict and headline figures are derived from the live HomePortfolio API; narrative deep-dives below combine real signals with modelled analytics.
Opportunity
Not scored as an opportunity
We will not put a number on this one.
- headline score requires valuation_edge (estimate confidence LOW below scoring floor (measured MdAPE 25.8%))
What we could establish
- Rental economics23.2/30
gross yield 7.6%; range width penalty ×0.90
- zoopla_valuationsrent estimate 3000/mo (range 2750-3200)· as of 11 Aug 2026· verify before relying on this
- Seller motivation0/20
0 price cut(s), 49 days on market; calibration: cuts mark staleness, credited as negotiation context only
- zoopla_listingsprice_changes + first_published_date· as of 3 Oct 2026
- Risk & liquidity6.2/10
54 sales/12mo in area; valuation range width 40%
- property_intelligencetransactions_12mo
Withholding a score is deliberate. A number built on missing or stale inputs would look more certain than the evidence allows.
Economics
What happens to your money
At the asking price
Evidenced range £2,750-£3,200
- Cash required
- £157,550
- Net cash flow
- £474/mo
- Cash on cash
- 3.6%
- Score at this price
- -
After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.87 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.
Evidence
Where every number comes from
- zoopla_valuationsrent estimate 3000/mo (range 2750-3200)Rental economics · as of 11 Aug 2026
- zoopla_listingsprice_changes + first_published_dateSeller motivation · as of 3 Oct 2026
- property_intelligencetransactions_12moRisk & liquidity
Risks
What could kill this deal
Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Valuation edge could not be scored
estimate confidence LOW below scoring floor (measured MdAPE 25.8%)
Rental economics needs verification before you rely on it
rent estimate 3000/mo (range 2750-3200)
Property risk deep-dive →flood, subsidence, crime, environment - the full domain
Plan
Before you offer
1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Fill the valuation edge gap before relying on the score.
estimate confidence LOW below scoring floor (measured MdAPE 25.8%)
3. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.
Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.
Valuation & Market
Risk Overview
- Flood RiskVery low
- Subsidence1
- RadonLow
- MiningUnknown
- Landslide1
- Air QualityUnknown
- NoiseLow
Planning Activity
- Pending2026/05392/PAApplication to determine the details for condition number 5 (details of scaffolding) attached to reference number 2026/01036/PA.
- Pending2026/04876/PAApplication to determine the details for condition number (4- Ecological/biodiversity/enhancement measures ) attached to reference number 2024/04489/PA
- Pending2026/04871/PARemoval of glass panes and installation of aluminium ventilation louvre to a window at first floor to the south west elevation
Ownership
- Corporate Ownership15.7%
- Overseas OwnershipNo
- Lease Term Remaining-
- CovenantsRestrictive
- Lease Type-
- Last Ownership Change-
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- -University College Birmingham0.3 mi
- Oakbridge School0.3 miReport card2026
Ofsted no longer awards a single overall grade.
- St George's Church of England Academy, Newtown0.3 miArea grades2024
Inspected after Ofsted withdrew the single overall grade.
- Jewellery Quarter Academy0.5 miArea grades2024
Inspected after Ofsted withdrew the single overall grade.
2 of 7 nearby schools with published figures were oversubscribed in 2025 - demand, not a catchment.
Comparables
- Viceroy House, 65 Water Street-£350k-
- Viceroy House, 65 Water Street-£850k-
- 63 Water Street-£555k-
- 63 Water Street-£765k-