2-bedroom flat · B3 1TX
Sold STCListed 307 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Now ready for immediate occupation** A beautifully appointed spacious two bedroom duplex apartment with a private roof terrace situated in the brand new Pressworks Development in the heart of Birmingham's prestigious Jewellery Quarter.
Unique and one of a kind, this brand new development is full of character and unique features.
Description The Pressworks has been 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 element's, 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 floorplates, high ceilings and innovative layouts are a feature throughout making The Pressworks the most desirable place to live.
Unique and one of a kind, The development 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.
Location The Pressworks in 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 on the city's most desirable district.
Property Information Tenure - Leasehold Length of Lease - 999 years Est Service Charge (per annum) - £1641.86 Est Ground Rent - Peppercorn
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 43, Northwood Street
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