The Pressworks, Jewellery Quarter
The Pressworks is one of the finest developments in Birmingham. These apartments are ideal for property investors seeking to capitalise on the rapidly growing young professional population. As firms increasingly relocate staff from London to Birmingham there is a growing demand for high-quality luxury rental accommodation in the city centre. One Global clients have a rare opportunity to secure prime real estate offering high yields and excellent price growth prospects.
The "Mayfair" of Birmingham
Nestled in the city’s most prestigious neighbourhood this luxury development is set to perfectly meet the needs of the growing population of young professional renters. With firms such as Goldman Sachs, HSBC, Deutsche Bank and PWC within 10 minutes walk, Birmingham is now in need of high-quality property to meet the expectations of these affluent workers.
St Pauls Square
Located a one minute walk to the beautiful St Paul’s Square, the only Georgian garden square in the city centre. This area is home to bars, restaurants and cafes that help make the Jewellery Quarter the most desirable residential location in the city.
This location will allow renters to walk to work within ten minutes. However, residents can also access the new Metro and the existing train links within a few minutes walk. Snow Hill Station offers direct connectivity to London, and the Jewellery Quarter has its own Metro stop.
The New Business Core
The City Centre has been completely transformed by the successful unification of the key business districts. Snow Hill, Colmore Row, Paradise, Arena Central and Brindley Place now form a linear mile of business and employment opportunities. This is one of the most vibrant economic centres in the country, with thousands of new jobs being created every year.
Heritage meets Modernity
The Pressworks combines a sensitive redevelopment of a Grade II listed building with luxury new build apartments. The care and consideration taken by the developer is clear to see. Every apartment has unique features maximising their potential. This truly is the best Birmingham has to offer.
THE PRESSWORKS APARTMENTS
WHY THE SMART MONEY IS IN BIRMINGHAM
In 2010, the Birmingham Big City Plan was set in motion. This strategic planning process is scheduled to span 21 years (ending in 2031). The goal is to transform Birmingham into a world class city.
Birmingham is in the midst of a once in a century regeneration. The city core is being transformed to create a central business district fit for the modern global economy. Projects such as Smithfield, Arena Central, High Speed 2 and Paradise are drawing businesses and new residents to the city and driving house price growth.
Growing Rental Demand
The new High Speed 2 train connection is the biggest such project in Europe. It will connect Birmingham to London in just 50 minutes! This has sent a signal to international businesses that they can base their operations in the city, capitalising on the cost savings and incredible talent available. This is driving inward migration, which is translating to rapidly growing rental demand.
The house price to income ratio in Birmingham indicates that there is significant headroom for property price growth. This relative affordability, coupled with the exciting regeneration projects and new employment opportunities, is drawing people from cities such as London. The increased demand is placing upward pressure on house prices.
BIG CITY PLAN
Birmingham City Council describes this regeneration plan as “the most ambitious, far-reaching development project ever undertaken in the UK”. Their aim is to create a world-class city centre by planning for the next 20 years of transformation. The improvements include the expansion of the city core by some 25%, the merging of the current business districts to create a unified professional centre, the introduction of a new metro service, and vast improvements to the urban fabric of the city. Launched in 2010, the impacts of this project are clear to see for all who visit Birmingham today.
HIGH SPEED 2 TRAIN
High Speed 2 is Europe’s biggest infrastructure project. This £100 billion upgrade to the national rail connectivity will create links between London and the major cities in the Midlands and North of England. Birmingham is to be the chief beneficiary of this project, with journey times cut to just 50 minutes and capacity tripled. This project has sent a signal to international businesses that they can shift their operations to the city and access the UK the customers and talent of the UK market. This is driving inward migration and increasing demand for property.
For many years Birmingham’s close proximity to London was a mixed blessing as the capital drew talent and opportunities away. Now the tide has firmly turned. Major global corporations such as HSBC, Deutsche Bank, Goldman Sachs and PWC have opened regional or HQ offices in the city. They have been attracted by the cost savings, the talent pool, and the culture of entrepreneurship and dynamism Birmingham is famed for.
NEXT CHAPTER OF BIRMINGHAM'S STORY
The Pressworks is located in the heart of Birmingham’s prestigious Jewellery Quarter. Occupies a premier location in the city’s most desirable district.
WHERE HISTORY & CONTEMPORARY DESIGN SEAMLESSLY COMBINE
The Pressworks has been designed to preserve the sites working heritage whilst creating a place fit for the modern world.
POCKET OF GREEN FOR RESIDENTS TO ENJOY!
Courtyards and outdoor space play an important role in creating pockets of green for residents to enjoy all year round.