Chapmans Yard, Birmingham

Overview

Chapmans Yard is a 111 apartment regeneration scheme by Elevate Property Group on Upper Gough Street, immediately next to the Mailbox and a short walk from Paradise, Grand Central and New Street Station. The site was part of the Midland Railway's Birmingham Central Goods Yard, the city's original trading hub. The building is complete, with a residents' lounge, two inner courtyards and a roof terrace and garden, and Juliette balconies to many of the apartments.

Key details

• One and two bedroom apartments from £237,453, including ground floor duplexes
• 111 apartments beside the Mailbox in Birmingham B1
• Residents' lounge, two inner courtyards, roof terrace and garden
• Short walk to Paradise, Grand Central and New Street Station
• Service charge £2.20 per sq ft
• Reservation £5,000, 20% on exchange, 80% on completion
• Completion can be taken now or deferred to June 2027 to suit your funding

Verta's expert insight

B1 beside the Mailbox is a better address than the price suggests. You are between Broad Street and the canal basin on one side and Paradise and Colmore Row on the other, which is a five minute walk to two different employment cores rather than one.

The two bedroom ground floor duplexes at around 900 to 1,025 sq ft are the interesting stock here. They price close to the upper floor two beds but give a layout that sharers will pay more for, and sharers are what drives gross yield in Birmingham city centre.

Like the other Elevate schemes on our list this is finished stock with the option to defer completion to June 2027, so you can fix the price now and choose your own funding date. Nothing has sold from our allocation yet, so all 23 remaining units are open.

Prices shown are the lowest unit available on the developer's current release and change as units sell, so ask us for the latest availability list before you reserve.

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