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CompleteBirmingham

Fountain Court, Birmingham

A Conversion of Historic Barristers' Chambers, 250 Metres From New Street

Prices from£247,000
Deposit from£49k
StatusComplete
Yield / note250m from New Street
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Fountain Court, Birmingham

Overview

Fountain Court is the conversion of a set of historic barristers' chambers on Steelhouse Lane into 70 apartments: 8 studios, 40 one bedrooms and 22 two bedrooms across five floors, arranged around a central courtyard with terraces. It sits 250 metres from both New Street Station and Colmore Row, inside the Steelhouse Lane conservation area and within the Snow Hill and Colmore business districts, with the forthcoming HS2 Curzon Street station close by. The building is complete.

Key details

  • Studios, one and two bedroom apartments from £247,000
  • 70 apartments over five floors around a central courtyard
  • 250 metres from New Street Station and Colmore Row
  • Steelhouse Lane conservation area, within the Colmore business district
  • Service charge £2.60 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

Walking distance to Colmore Row is the whole point. This is Birmingham's professional services core, the tenant base is solicitors, accountants and bankers who want to live within five minutes of the office, and that is the most reliable rental demand in the city.

A listed chambers conversion gives you ceiling heights, windows and a courtyard that a new build at this price cannot, and the conservation area means nothing comparable will be built next door. The counterweight is that period buildings carry more maintenance over a long hold, though at £2.60 per sq ft the service charge is reasonable for the type.

Nothing has sold off our list yet, which means first pick of 25 units across the whole mix. The eight studios are the yield play and the two beds facing the courtyard are the resale play; tell us which matters more and we will shortlist.

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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