Derwent Foundry, St Paul's Square, Mary Ann Street
Chain Free £159,950
1 Bedroom Flat/Apartment
- Spacious, one double bedroom apartment, plus a study/office space
- Bathroom with shower over bath and feature tiling
- Large windows with views of St Paul's Square
- Peppercorn ground rent and an extended lease (205 years remaining) which is rare for the development and city centre
- Fantastic investment opportunity, with potential gross yield of 6.7% (speak to the team for more information)
- Also available for owner occupiers, the perfect first purchase
- Jewellery Quarter location, on St Paul's Square
- 0.2 miles away from Snow Hill station, with direct line to Central London
- 0.4 miles to Colmore Row and Birmingham's business district
- 0.5 miles to Paradise Birmingham with offices for PwC, Arup, Goldman Sachs and many more
An exceptional one-bedroom apartment plus study, with an extended lease and peppercorn ground rent at Derwent Foundry, a highly sought-after development in a fantastic location, renowned for its vibrant atmosphere and convenient access to the city centre. With an extended lease and peppercorn ground rent, this is future-proofed and extremely rare in the city centre.
Upon entering, you'll be greeted by a spacious lounge that is bathed in natural light, thanks to striking floor-to-ceiling windows offering views of St Paul's Square. The living area is a generous space with room for your sofa, armchair, media unit and coffee table. The kitchen is to the rear of the living room, and features integrated appliances such as the oven, hob, extractor and fridge with freezer.
The double bedroom is generously proportioned and features freestanding furniture, providing a versatile space that can be tailored to your personal style. Adjacent to the bedroom, the bright family bathroom offers a relaxing shower over the bath, completing this well-appointed home.
A notable feature of this apartment is the separate office/study area, positioned away from the main lounge, making it ideal for those working from home or requiring a quiet space for study or hobbies. This thoughtful addition enhances the functionality of the apartment, catering to the needs of today’s busy lifestyles.
The property is a perfect investment, with rental estimates from the FleetMilne lettings team suggesting a potential gross yield of 6.7% and potential to improve. Speak to the team for more information on this.
Located just off the leafy St Paul’s Square, Derwent Foundry benefits from an enviable position that combines tranquility with accessibility. You are within walking distance of the city center, allowing for easy access to Birmingham’s vibrant amenities, shops, and transport links. St Paul’s Square itself offers a fantastic selection of restaurants and bars, all just moments from your front door.
Living Area
Large open plan living space with sofa and floor to ceiling windows for plenty of natural light.
Kitchen
Fully integrated open plan kitchen with washer/dryer.
Bedroom
Large double bedroom with floor to ceiling windows.
Office
Separate office area
Bathroom
Spacious bathroom with shower over bath.
Disclaimer
- Upon formal acceptance of an offer, all purchasers will be asked to produce identification and full details of their chosen solicitor. In order to avoid delays, this must be produced swiftly. Unreasonable delays may result in the acceptance being withdrawn.
- These property details do not constitute part or all of an offer or contract.
- Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans. Changes or adjustments may have been made since, or the original measurements may have not been accurate.
- Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition. Access can be arranged in order to do so – please just request an additional visit via our team.
- The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.
It is understood that FleetMilne may earn commission from a solicitor, licensed conveyancing company, insurance company, or mortgage company if successful in providing financial services to the Owner and/or the Purchaser of the Property, or anyone involved in the property chain. This involvement should help us to follow the progress of the sale.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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