2-bedroom flat · B3 1UE
For saleListed 93 days
Opportunity summary
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About
A large attractive two bedroom, two bathroom apartment in the brand new Reliance Works.
A beautifully restored three storey Grade II listed building comprising nine well appointed one- and two-bedroom apartments offering classic Georgian styling and exquisitely designed interiors situated in the historical heart of Birmingham’s Jewellery Quarter.
Description Reliance Works was built c1825, taking architectural inspiration from the grand Georgian houses in St Paul's Square – the spiritual home of the Jewellery Quarter.
Originally, Reliance Works comprised two townhouses – 41 and 42 Caroline Street - each serving as both a home and place of work for small family jewellers known as 'garret masters'.
Former residents include two of Birmingham's most respected silversmiths: George Unite and Nathaniel Mills.
The two houses were eventually acquired by Pickering and Mayall and converted into one single address - No 42 Caroline Street.
By 1916, the building had been transformed into a flagship manufactory for jewellery cases.
Now, following a prestigious redevelopment, it has been transformed once more – this time, into a mix of nine one and two-bedroom duplexes and apartments around an attractive ground floor courtyard.
Retaining its classic Georgian styling and character – including timber beams, wooden bay windows and original signage - with exquisitely designed interiors it represents a rare example of the Jewellery Quarter's industrial heritage.
It has been one of the area's most distinctive landmarks for almost 200 years.
With personality and a lovingly restored heritage, Reliance Works captures the true character of its community and offers soulful and stylish living within one of Birmingham's most sought-after locations.
Location In the 8th century, Birmingham's famed Jewellery Quarter was a mix of workshops, factories and highly sought after residential addresses.
Today, as a designated conservation are, its Georgian and Victorian heritage is being lovingly restored and redeveloped.
Just a short walk from Birmingham's city centre, it combines listed building and narrow streets with exciting new architecture, shops, restaurants and creative trades with highly popular residential addresses.
Faithful to its heritage, it also remains home to Europe's highest concentration of jewellers.
The result is a truly unique urban village community, offering easy access to all the attractions and benefits of a major international city Property information Postcode - B3 1UE Council Tax - Awaiting confirmation from Local Authority Tenure - Share of Freehold Length of Lease - 999 years Ground Rent - £0 Service Charge - £1711 per annum nb: Some of the images diaplyed have been virtually staged for marketing purposes In the 8th century, Birmingham's famed Jewellery Quarter was a mix of workshops, factories and highly sought after residential addresses.
Today, as a designated conservation are, its Georgian and Victorian heritage is being lovingly restored and redeveloped.
Just a short walk from Birmingham's city centre, it combines listed building and narrow streets with exciting new architecture, shops, restaurants and creative trades with highly popular residential addresses.
Faithful to its heritage, it also remains home to Europe's highest concentration of jewellers.
The result is a truly unique urban village community, offering easy access to all the attractions and benefits of a major international city
Value & comps
No previous sales on record.
Returns
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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.
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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.
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FAQ
About Apartment 5 Reliance Works, 43, Caroline Street, Birmingham
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