Birmingham’s ‘hottest new address’ all but sold out

It was billed as “Birmingham’s hottest new address” and Assay Lofts in Charlotte Street is already virtually sold out over a month before the first buyers will be able to move in.

Elevate Property Group’s 32 apartment development, which overlooks St Paul’s Square in one of Birmingham’s most sought-after locations, has “flown out the door” according to sales and marketing director David Hofton.

Assay Lofts has been constructed on the former car park of the Assay Office which was based there from 1878 but moved to a purpose-built new home on the other side of The Jewellery Quarter in 2015. Completion is anticipated in mid-November with the first buyers taking occupation in late November.

The new development is located on the corner of Charlotte Street and St Paul’s Square with views over Birmingham’s resurgent Jewellery Quarter and features a mix of one and two bedroom apartments plus duplexes with two bedrooms and two bathrooms.

Hofton said the only remaining apartment was one of the jewels of the development – a two bedroom, two bathroom duplex.

“It is a delightful apartment which sits on the corner of the development overlooking the square and provides 1,151 sq ft of accommodation with a ten metre open plan kitchen and living room with the island and breakfast bar providing a major feature of the kitchen.

“Because it is on the corner, it has three window bays, rather than two, with great views over St Paul’s Square,” he said.

It comes with gated, secure parking and is offered at £490,000.

The £10m apartment project’ sits diagonally opposite Elevate Property Group’s headquarters on the other side of St Paul’s Square.

It is Elevate Property Group’s fourth development in The Jewellery Quarter and tenth development in the city.