2 bed Mews house (for sale) The Pressworks, Northwood Street, Jewellery Quarter, Birmingham B3

£500,000
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Centrick - New Homes
The Exchange, 19 Newhall Street, Birmingham
0121 721 3508
First Published

11th Mar 2022

Last Published

29th Jun 2022

 

Features

  • Type: Mews house
  • Bedrooms: 2
  • Listing status: sale
  • Country: England

Description

**just launched**

Introducing 48 unique homes in the heart of Birmingham’s prestigious Jewellery Quarter!

The Pressworks is located in the heart of Birmingham’s prestigious Jewellery Quarter. Just moments from the famous St Paul’s Square, The Colmore Business District and Birmingham City Centre, the development occupies a premier location in the city’s most desirable district.

Designed to preserve the sites working heritage whilst creating a place fit for the modern world. Demonstrated through the restoration of the original grade II listed building and the addition of new build elements, The Pressworks is the finest example of history and contemporary design seamlessly combining to create a unique place.

Courtyards and outdoor space play an important role in creating pockets of green for residents to enjoy all year round. An original metal press has been restored by expert technicians and stands proudly in one of the courtyards as a reminder of the sites working history and celebration of local craftsmanship. Flexible living spaces have been carefully considered for modern life. Open plan floor plates, high ceilings and innovative layouts are a feature throughout.

Unique and one of a kind The Pressworks is full of character and unique features. Over height ceilings and exposed roof trusses create a sense of space, whilst restored brick walls and crittal style windows achieve an industrial chic and stylish interior aesthetic.

The Jewellery Quarter is more than a place to live, it’s a way of life and is regarded as Birmingham’s most prestigious neighbourhood. Just moments from Birmingham City Centre, The Jewellery Quarter feels like a village in the big city.Accessible and connected, cool and calm, The Jewellery Quarter is rooted in history with a modern and cosmopolitan outlook on the city.

Birmingham is an economic powerhouse in the UK . Analysts predict the city’s Gross Value Added (gva) the value of goods and services produced in the area to increase by 16.4%by 2030, much faster than other areas in the country. Given the uplift from job creation, inward investment and a growing population, the demand for quality city centre living in Birmingham is expected to continue to grow exponentially.

Birmingham boasts an enviable transport infrastructure that includes an international airport, extensive mainline rail network and connected motorways soon to be bolstered by the state of the art, high speed rail project, HS2. Arriving in 2026, HS2 will bring Birmingham with in 45 minutes journey of London and an hour’s journey of Manchester, Sheffield, whilst shaping Britain’s low carbon transport future and creating over 22,000 new jobs. Getting around the city is just as easy as getting around the country. Birmingham’s Metro Light Rail Line sees trams run every 6 8 minutes throughout the week. The line currently spans 13 miles with further expansion plans that will see it become the first in the UK to operate battery powered trams and electric overhead lines.

Birmingham is home to a variety of world class educational institutions including leading universities and the UK’s oldest graduate level business school. 40% of Birmingham’s final year students intend to stay in the city after graduate ion, fuelling demand for high quality city centre living accommodation.

Tenure: Leasehold
Length of the Lease: 999 years
Zero Ground Rent
Estate Charge : To be Confirmed reviewing annually
Council Band : To be confirmed

 

Local info for B3

Floor plan

 

Property Value Data/Graphs for B3

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 88.4% £259,834 1.6 1.3
Studio 9.8% £130,269 0 1
Other 1.2% £322,500 1.5 1
Terraced house 0.6% £290,000 2 1

Area Information

Average Price Paid

£207,814

Sales

542

Current Average Value

£248,001

Value Change

£40,187 19.3%

 

Current Asking Prices in B3 Average: £248,001

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £149,999 (1) £392,500 (2) - - -
Flats £190,571 (72) £277,203 (67) £532,929 (14) - -
All £190,015 (73) £280,544 (69) £532,929 (14) - -

Nearby Properties

6 bed Detached house () Roman Lane, Little Aston, Sutton Coldfield, Staffordshire B74 £3,750,000
5 bed Detached house () Hillwood Road, Sutton Coldfield B75 £3,250,000
6 bed Detached house () Roman Road, Little Aston, Sutton Coldfield B74 £2,950,000
5 bed Detached house () Hillwood Road, Sutton Coldfield B75 £2,775,000
2 bed Flat () Apartments, Holloway Head, Birmingham B1 £2,772,245
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