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CompleteBirmingham

Gunsmith House, Birmingham

85 Apartments in the Gun Quarter, Minutes From Snow Hill

Prices from£249,100
Deposit from£50k
StatusComplete
Yield / noteMinutes from Snow Hill
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Gunsmith House, Birmingham

Overview

Gunsmith House is an 85 apartment regeneration scheme by Elevate Property Group on Price Street, on the edge of Birmingham's Gun Quarter and the closest of the quarters to the city centre, the Business District and Snow Hill station. The design draws on the industrial and period architecture around it, mixing classic materials with contemporary apartments, and many homes have their own balconies. There are landscaped communal gardens, ample cycle storage and some gated parking. The building is complete.

Key details

  • One bedroom duplexes and two bedroom apartments from £249,100, 673 to 756 sq ft
  • 85 apartments in the Gun Quarter, minutes from Snow Hill station
  • Landscaped communal gardens, cycle storage and some gated parking
  • Many apartments with their own balconies
  • Service charge £2.07 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

The Gun Quarter is the least converted of Birmingham's historic quarters and the closest one to Snow Hill and the Business District. That combination, walkable to the offices and still priced below the Jewellery Quarter, is where the next few years of rental growth in the city centre are most likely to come from.

The one bedroom duplexes at 745 sq ft are unusually generous for the price. Most one beds at £249,100 in Birmingham are 450 to 550 sq ft, so you are getting close to 200 extra square feet, and a layout that lets a tenant use the lower level as a study.

Only six units remain from this release and the service charge at £2.07 per sq ft is the lowest of the four Elevate schemes we are listing, which matters more to a net yield than most buyers allow for.

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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