Moseley is only around ten to twenty minutes from the centre of Birmingham and its close proximity to the city centre attracts those looking for affordable housing within a commutable distance from the centre. Once HS2 is completed, Birmingham will only be 49-minutes away from London making it much easier for commuters who might be interested in more affordable properties elsewhere, while still remaining close to where they work.
However, many won’t want to live deep in the heart of Birmingham. Instead, they’ll choose one of the suburbs, and Moseley will quickly become one of the most desirable locations. Home prices are forecast to soar, and early investors may benefit from the potential of high capital growth over the next few years.
One of the main concerns for young families when looking for a place to live is schooling. They want to be in a catchment area that gives them access to the best schools possible. Moseley is home to excellent primary schools like Monica Catholic and secondary schools such as Fox Hollies being rated ‘outstanding’ by Ofsted.
House prices in Moseley over the last year were 5% up on the previous year. Moseley is one of the most affluent areas of Birmingham and as such prices are set to increase further once HS2 is completed.
There are also plans to build a new Moseley railway station that will connect the area to several other towns nearby as well as Birmingham New Street station. This will make it even easier for people to commute in and out of the city, pushing more people towards living in Moseley.
Cheaper rent compared to the city centre makes Mosley a perfect place for student living, with several student properties already in town; it’s certainly a lucrative market that’s only expected to grow. Moseley’s location makes it easy for students to get to their place of study either on foot or by public transport, and plans to reopen Moseley station will only make this easier.
As more people are looking for places to live within or around Birmingham, the surrounding suburbs are becoming an attractive alternative, with their quiet surroundings and cheaper prices appealing to renters who want the best of both worlds; easy access to the city centre but also the benefits of living in a suburb such as more green space, good local schools and value for money.
It also has a lot of potential for those who are looking to invest in luxury properties, with many detached properties coming on the market for around £1m.
In Moseley, investments can yield different results depending on the location; however, you could expect to see yields up to 5% with average house prices above £250,000.
Over the last 12 months house prices in Moseley have risen on average by five percent. An increase of that size should be strong encouragement for investors looking for property with great profit potential. With the plans to re-open the Moseley train station making it easier to get to the city, house prices are forecast to increase further.
Being close to Birmingham, Moseley excels at food. It is only what can be described as a melting pot of cuisines, from Thai to Moroccan; Moseley has a bit of everything. Its crowning jewel however is Carters of Moseley, a Michelin-star restaurant in the heart of the village.
The amazing food selection brings visitors from far and wide and there is definitely the potential to attract new residents to the area.
It is possible to get to Birmingham by bus, car or on foot. However there are plans to re-open the Moseley train station which will make it even quicker to get to Birmingham. Once HS2 is completed it will be possible to get from Moseley to London in under an hour, which will encourage more people to move to the area for the strong transport links.
In September 2020, Birmingham Council approved plans for the reopening and refurbishment of Moseley train station adding a much needed direct public transport link between the village and the city centre.
Published: 14 August 2018One BHM is our latest residential development perfectly situated in the sought after B1 area in Birmingham. One BHM will bring 165 one, two and three-bedroom apartments to the market, each designed with a bespoke and distinctive finish.