Derwent Foundry, 5 Mary Ann Street, Birmingham, B3

££150,000

1 Bedroom Flat For Sale

Davidson Estates is pleased to present this third floor, one bedroom apartment set in the popular and characterful, converted Derwent Foundry close to the centre of the Jewellery Quarter, just off St Paul's Square and within walking distance of the City centre. The property can be accessed via the staircase or the lift and benefits from a large bedroom, a pleasing living area, a fully fitted kitchen and a bathroom. In addition, there is double glazing throughout and the property is heated by electric wall heaters.

This is a fabulously located apartment, situated in the Jewellery Quarter just a few yards from St. Paul's Square, Birmingham's most desirable district. The magnificent frontage of the complex is fully in keeping with the locale which is now benefiting from substantial regeneration and extensive restoration while preserving the unique ambience of the area. The Jewellery Quarter has an interesting mix of shops and residential schemes and many of the buildings have been listed because of their historic significance. The apartment is a very short walk to St. Pauls Square, a lovely, green, Georgian square with bars, restaurants and the popular live music club, the Jam House. Broad Street and Brindley Place are also within walking distance and there one can find a number of bars, high quality restaurants and theatres, the Sea Life Centre, the National Indoor Arena, the magnificent new library, the International Convention Centre and Symphony Hall, the home of the City of Birmingham Symphony Orchestra. The apartment offers easy access to the main commercial and shopping areas, the M6, Snow Hill Station, the Metro link and Grand Central Station and regular trains from here operate to London and Birmingham International for the NEC and Birmingham International Airport.

Birmingham is an excellent location for overseas and domestic investment being centrally located, young and vibrant. Birmingham is home to the strongest economy outside London and is the subject of large-scale infrastructure projects from the £550 million Grand Central development to the £1.5 billion Smithfield regeneration. Also, with work underway on HS2, one of Europe's most exciting rail projects, England's second city is becoming a most attractive place to live and invest in.

HALLWAY Entry to the apartment is at third floor level and can be accessed by the stairs or the lift. The front door has a peephole and two locks. The Hallway floor is a tile effect vinyl and the walls are painted white. In addition, one will find a CCTV entry phone, an electric wall heater, two ceiling lights, a smoke alarm, electric wall sockets, a telephone point and double doors give access to a storage cupboard housing the boiler, plumbing for a washing machine, the fuse box, the hot water console and the water meter.

LIVING ROOM/ KITCHEN 21' 4" x 11' 9" (6.52m x 3.60m) LIVING AREA

This is a spacious, characterful room with vinyl, tile effect flooring, double glazed windows overlooking the quiet courtyard with a sill below, ample electric wall sockets, telephone points, television, radio and satellite points and a ceiling light.

KITCHEN AREA

Located at the end of the living area, this contemporary kitchen area has tile effect vinyl flooring, an electric wall heater, base and wall units (the wall units have downlights) with dark, wood effect doors, an integral fridge and freezer, an integral oven with a four ring halogen hob above and a fitted extractor above that, electric wall sockets, an extractor, four ceiling spot lights and a smoke alarm.

BEDROOM 11' 7" x 11' 1" (3.54m x 3.40m) This is an excellently proportioned room as the dimensions suggest with vinyl, tile effect flooring, double glazed windows overlooking the courtyard with a white sill below, a ceiling light, a telephone point, television, FM and DAB sockets and electric wall sockets.

BATHROOM 7' 6" x 6' 3" (2.29m x 1.92m) The bathroom enjoys a tiled floor, part tiled and part painted walls (fully tiled to the wet areas), a bath with a wall mounted shower above and a glass shower screen, a toilet, a wall mounted washbasin with a chrome mixer tap, a useful shelf above the basin with a mirror above that, a heated towel rail, a shaving socket, a Vortice extractor, and four ceiling spotlights.

Communal areas

Access to the apartment is from Mary Ann Street via the communal, secure rear courtyard. One can get to the apartment via the stairs or the lift.

Parking

A residents' parking permit is available at a minimal cost.

Tenure

The property is leasehold with approximately 107 years remaining. The service charges are approximately £2,100 per annum (Arkade Property has only seen the 2022 demand) and the ground rent is £300p.a. This information must be verified by the solicitor.

Tenure: Leasehold

Tenure Details

Lease Expiry:

02-03-2131

Time Remaining on Lease:

106 years

Ground Rent:

£300

Service Charge:

£2,100

Derwent Foundry, 5 Mary Ann Street, Birmingham, B3
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Office Details

Davidson Estates
14 Frederick Road
Edgbaston
Birmingham
B15 1JD

0121 455 7727
info@davidsonestates.co.uk

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