3 bed (for sale) Water Street, Birmingham B3

£2,750,000
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Savills - Birmingham RDS
55 Colmore Row, Birmingham
0121 721 8470
First Published

1st Nov 2020

Last Published

19th Nov 2020

 

Features

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

Description

An extraordinary renovation of a former textiles factory offering c. 8,942 sq. Ft. Of multi-purpose space including three self-contained living areas with magnificent character features.

Description

Savills is delighted to present this extraordinary renovation of a former textiles factory which was completely remodeled in 2012 by esteemed local developer Javelin Block. With a focus on reanimating the building while honouring its former use, Javelin Block have produced a spectacular property which was shortlisted for the prestigious Stephen Lawrence award in 2017 and the recipient of three riba awards that year.

Offering an incredible multi-functional space including three self-contained living spaces, an artist's studio, office, speak-easy bar and 25-seat cinema the space has been used by a number of blue chip companies and industry-leading figures for exhibitions and photo shoots. Unassuming from the outside and in keeping with the local area, vehicular access and generous parking is via electronic shuttering with an adjacent Banham-locked side entrance. The superb space is immediately unveiled as you enter the winter garden with electric vehicle charging point, triple height gabled ceilings and a series of bridges, balconies and mezzanine floors.

On your right hand side you will find "The Treehouse", one of the self-contained living spaces accessed via a spiral staircase and complete with its own kitchen and ensuite bathroom. On your left, a steel-framed Crittal window wall spans the entire length of the space and separates the courtyard from the main residential areas whilst allowing light to flood the entire space through the panels of skylights.

Occupying most of the ground floor is an expansive open-plan kitchen, dining and living area complete with antique brass island, inspired by a welder's bench, a range of high quality integrated appliances and stylish, polished concrete floor with underfloor heating. Throughout the ground level you will find a variety of flexible spaces which could be used as further bedrooms or snugs while the lower ground floor rooms include a softly lit speakeasy bar and 25-seat cinema with surround sound system (furniture and technology available by separate negotiation).

The principal bedroom suite is situated centrally on the first floor complete with ensuite bathroom, finished in an industrial style with brass fixtures and fittings, and walk-in wardrobe. From here you can access the spacious balcony overlooking the interior winter garden.

Also accessible from this floor are two further bedrooms, an office space and beautifully bright studio split across two levels which again could be thoughtfully repurposed for a number of uses to suit you.

In keeping with Javelin Block's "modus operandi" many fixtures and fittings have been sourced from local craftsmen and tradespeople in order to bring the property back to life whilst retaining its spirit. Exposed brick and steel frames, former prison doors, a working industrial crane and light fixtures from decommissioned ships all add to the "wow factor" and unique character of the space.

Situated within Birmingham's historic and vibrant Jewellery Quarter, here you'll find a burgeoning scene of independent craftsmen, retailers, eateries and bars while 40% of the uk's jewellery continues to be manufactured within the Quarter. This is a neighbourhood that's proving itself to be second to none while you'll also be within 0.5 miles of picturesque St. Paul's Square, the Bull Ring Shopping Centre, Selfridges, Michelin star restaurants, fantastic bars and independent pubs in addition to Colmore Business District, Birmingham Snow Hill and Birmingham New Street railway stations with direct links to London Euston and London Marylebone from 1 hour 24 minutes.

 

Local info for B3

Floor plan

 

Property Value Data/Graphs for B3

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 92.7% £296,005 1.8 1.5
Studio 3.7% £146,650 0 1
Town house 2.4% £647,500 3 2
Maisonette 1.2% £220,000 2 2

Area Information

Average Price Paid

£215,486

Sales

648

Current Average Value

£298,187

Value Change

£82,701 38.4%

 

Current Asking Prices in B3 Average: £298,187

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - - £647,500 (2) - -
Flats £179,559 (23) £314,395 (47) £544,286 (7) - -
All £179,559 (23) £314,395 (47) £567,222 (9) - -

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6 bed Detached house () Roman Park, Roman Lane, Sutton Coldfield B74 £3,650,000
7 bed Detached house () Wellington Road, Edgbaston, Birmingham B15 £3,500,000
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