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The Silversmiths
Birmingham, UK

From gbp 235,000

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The grand heritage building of The Silversmiths dates back to 1865, during the reign of Queen Victoria. Today, developer NVSM, who specialise in bringing new life to buildings with a great story, are delicately restoring it to its former glory in the heart of the Jewellery Quarter.

The iconic industrial framework coupled with open-plan interiors creates the epitome of stylish urban living. Choose from 26 luxury one- and two-bedroom apartments set over 3 floors overlooking the courtyard below.

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Development Snapshot

  • Situated in the heart of the Jewellery Quarter
  • A 4-minute stroll from iconic St Paul’s Square
  • High-end fixtures & fittings throughout
  • Walking distance to key employment nodes including Snowhill, a £500 million phased regeneration scheme

Bedrooms

1 / 2 / 3 bedroom units

completion

March 2024

size range

From 538 sqft to 1119 sqft

Unit Tour - 1 Bed

Unit Tour - 2 Bed

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Why Invest In Birmingham?

Due to the acute housing shortage and an economy doubling in size Birmingham's house prices have increased 42% in the past 10 years.

House prices today, however, are still 34% below the national average with half the affordability ratio of London.

With no end in sight for the housing shortage and a booming economy, the city is anticipated to see an exceptional 19.5% house price growth to 2025.

Population

1,225,450 forecast by 2035
+24% from 2000

Housing Deficit

undersupply of at least 29,365 units expected by 2031

Economy

over GBP32.5 billion (GDP)
+90% since 2000
+81% forecast by 2035

A great place to live and work: Birmingham’s buy-to-let potential

Dating back to the 12th century in the historic county of the West Midlands, Birmingham has evolved significantly, playing a pivotal role in Britain's industrial revolution, earning its reputation as the UK’s Second City. Today, Birmingham thrives with a youthful, highly educated workforce and a diversified economic foundation, setting a strong stage for future growth. […]
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Please note: This calculation is a guide to how much your monthly repayments would be. The exact amount may vary from this amount depending on your lender's terms.

Investment Calculator

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(See table below for an estimate of how much you may need to budget towards acquisition costs)

(See table below for estimated mortgage rates across different markets)

Equity required
EUR
Region Mortgage Rates (Up to) Acquision Costs (Estimated)
London 75% 5.0%
Manchester 75% 5.0%
Berlin 60% 7.5%
Melbourne 80% 4.0%
Brisbane 80% 4.0%
New York 55% 6.0%
Chicago 55% 6.0%
Miami 55% 6.0%
Tokyo 70% 5.0%

Stamp Duty Calculator

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Please note: This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.

*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.

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