€283,169 EUR | $328,644 USD
Type: Apartment
Bedrooms: 1
Bathrooms: 1
Floor area: 556 m2
Swimming Pool
Agent/Owner:
Overseas Property Forum
Vatsal Trivedi
Location:
Speaks: English, Spanish, French, Greek
Display Phone No.
Advert last updated: 4/3/2024
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CONTEMPORARY 1-BED APARTMENT ON HISTORICAL SITE - GUN QUARTER
This stunning development draws on the character of the local industrial and historical architecture. A subtle mix of period and modern apartments are composed in a palette of classic materials and communal garden areas are thoughtfully landscaped to create a community in this prime location development which is further enhanced by the history and heritage of the surrounding Gun Quarter and Jewellery Quarter.
Situated on the southern edge of Birmingham’s Gun Quarter, well located for the City centre, Business District and Snow Hill Station, this historical site home to the finest gunmakers in the world, consists of 85 new residential apartments, many having their own balconies and roof terraces, all benefiting from landscaped gardens, ample cycle storage and some gated parking.
• 1 & 2 bedroom apartments
• Large double bedrooms and own bathrooms for each
bedroom
• Balcony and Parking Spaces with selected units
• Short walk to city centre and stations (Grand Central,
JQ, Moor St, future HS2)
• Location and design to retain long term tenants
• Private gated landscaped resident’s gardens and
seating areas
THE GEOGRAPHY
The Birmingham Gun Quarter is set to become the City’s most attractive area for residential developments. For many years, a centre of the world’s gun-manufacturing industry, specialising in the production of military firearms and sporting guns, the Birmingham Gun Quarter remains a predominantly industrial area to the north of the city centre, bounded by Steelhouse Lane, Shadwell
Street and Loveday Street.
Now the plan is to reinvent it in a similar way to the nearby Jewellery Quarter – which has become a byword for hip and cool and has moved in a different direction from what originally made it famous to ensure it’s relevant in today’s world. The city itself is determined to give the Gun Quarter a makeover, making it a key part of its Big City Plan. This 20-year masterplan is designed to foster and support Birmingham’s continuing transformation into a world-class city.
MARKET PROJECTIONS
• Foreign Direct Investment to Birmingham reached £1.1 billion in 2018.
• Rental value growth +17% and capital growth +15% by 2024
USEFUL INFORMATION
Tenure: 250 yrs Leasehold
Estimated Service Charge: £2 psf
Ground Rent: Zero
Expected Yield: circa 5.21% gross
Building Warranty: 10 years warranty Buildzone
Furniture Pack: Available
Parking: Available with specific units
Reservation deposit £5,000 net of fees to the bank account
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