3 bed Flat (for sale) Water Street, Birmingham B3

£850,000
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The Modern House
St Alphege Hall, King's Bench Street, London
020 3328 6556
First Published

23rd Aug 2018

Last Published

10th Dec 2018

 

Features

  • Type: Flat
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

Extending to approximately 3,238 sq ft, this wonderful loft apartment, with private lift access, occupies the entire second floor of a former MI5 office building on Water Street in Birmingham’s Jewellery Quarter.

The recent redevelopment of many of Birmingham’s warehouses epitomises the city’s increasingly progressive attitude towards its industrial architecture. This individual apartment is part of a regeneration project by riba award-winning developer Javelin Block. Renovations have focused on bringing the disused building back to life, while honouring its former use. As such, details throughout the interior pay homage to the industrial heritage of the Jewellery Quarter, including exposed brickwork and RSJs, engineered oak floorboards with underfloor heating, zinc clad kitchen and concrete ceilings, creating a space that combines exceptionally high attention to detail with a clear aesthetic understanding of loft-style living.

Internally, accommodation is arranged around an expansive open-plan kitchen, living and dining room, extending to over 2,000 sq ft. Large Crittall windows have been restored throughout, bathing the living quarters in natural light. There are three bedrooms, one is currently configured as a study. The master bedroom has its own en-suite bathroom and dressing room, while the second enjoys a south easterly aspect to Livery Street and a beautiful roll top bath at its far end.

At street level, the apartment has its own private integrated garage with space for two cars, accessed directly off Water Street. There is an internal door at the back of the garage, providing private access by foot to the apartment.

Conveniently situated within walking distance of Birmingham New Street, to the east of the cafes and restaurants of St Paul’s square, the apartment sits high above the peaceful waterways of the Birmingham and Fazeley canal below. The Quarter earned its name in the nineteenth century as the largest concentration of jewellery manufacturers in Europe. At one point accounting for 40% of the jewellery manufactured in the UK, this area of unique character has been described by English Heritage as a ‘national treasure’ and as having a ‘particular combination of structures associated with jewellery and metalworking which does not seem to exist anywhere else in the world’. Nestled in amongst these businesses are a variety of independent bars, restaurants, coffee shops, florists, chocolatiers and home furnishers.

The Jewellery Quarter is well served by public transport and Snow Hill Station now has its own entrance in the area. Water Street is only a fifteen minute stroll from Birmingham City Centre, where trains from Birmingham New Street to London depart regularly with peak journey times of an hour and a quarter; trains to Manchester also run regularly in just under an hour and a half.

Tenure: Share of Freehold
Lease Length: Approx. 980 years
Service Charge: Approx. £2,500 per annum.

 

Local info for B3

Floor plan

 

Property Value Data/Graphs for B3

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 94.1% £326,754 1.8 1.5
Town house 4.7% £508,738 3 1.8
Terraced house 1.2% £105,000 4 1

Area Information

Average Price Paid

£197,270

Sales

645

Current Average Value

£332,709

Value Change

£135,439 68.7%

 

Current Asking Prices in B3 Average: £332,709

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - - £508,738 (4) £105,000 (1) -
Flats £170,578 (27) £328,831 (43) £744,439 (9) £695,000 (1) -
All £170,578 (27) £328,831 (43) £671,915 (13) £400,000 (2) -

Nearby Properties

1 bed Flat () Suffolk Street Queensway, Birmingham B1 £155,000
2 bed Semi-detached house () Felton Croft, Birmingham B33 £130,000
2 bed Flat () Augustus Road, Edgbaston, Birmingham B15 £250,000
2 bed Semi-detached house () Pel Crescent, Oldbury, West Midlands B68 £144,950
7 bed Detached house () Old Park Lane, Oldbury, Sandwell B69 £299,950
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