New Home

Scotland Street, Lockside, B1

Offers In Region of £369,950Leasehold

221

Key Information

Tenure:Leasehold
Service charge:ÂŁ1,880 per year
Ground rent:ÂŁ325 per year
Time remaining on lease:Not available
Council tax band:Not available
Broadband:up to 330Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

BRADN NEW TWO BEDROOM APARTMENT
CENTRAL BIMRINGHAM LOCATION
CORNER TWO BEDROOM APARTMENT
DEVELOPMENT COMPLETED 2023
LOVELY HIGH END FINISH THROUGHOUT

Description

Lockside Wharf – a stunning restoration of a landmark along Birmingham’s iconic waterways.
Each of the 61 apartments at Lockside Wharf represents a refined urban space, maintaining a reclaimed aesthetic while a superior build quality meets the needs of the modern tenant – creating unique, contemporary living spaces that retain their soul.


The development itself is a sensitive regeneration of a site filled with history, overlooking one of Birmingham’s most scenic locales – a destination where natural beauty, refined Victorian architecture and contemporary living will coalesce.


Designed with high-end waterfront living in mind, Lockside Wharf isn’t a sprawling urban jungle – it’s a bespoke, intimate development for residents that crave character and connectivity. A perfect blend of the old-world and the new, this factory conversion will preserve the unique characteristics that are a rarity in the modern market.


Lockside Wharf is a development filled with character, where the exposed brick, steelwork, internal fireplaces and external fixtures that make up the original architecture take pride of place. Finishing touches such as Poggenpohl kitchens and superior build quality provide an unmistakable, high-end feel – creating unique examples of contemporary living in the heart of the city.


Ground Rent – 0.1% Per Annum
Service Charge – Estimated at £2.50 per sqft per annum
Build Warranty – 10 Years Fully CML Compliant


Step inside and you’ll find beautifully finished homes, seamlessly combining clean designs and functional living. While each of these refined urban spaces will maintain a reclaimed aesthetic, a superior build quality and state-of-the-art fittings will support a contemporary lifestyle. Lockside Wharf is the latest addition to a Birmingham market on the rise. As the leading UK city for growth over the last five years, Birmingham is the most exciting investment destination in the country. This has contributed to property price rises of nearly 16% since 2016, one of the highest in the country. A further 24% increase is expected over the next five years.


At the same time, incredible demand for residential property has driven the rental market to new heights. Rents are expected to rise by 12% over the next four years, an important metric for buy-to-let investors to consider. With a value of around £24.8 billion, Birmingham continues to have the strongest economy outside of London, anchored by huge global businesses such as HSBC, PwC and Goldman Sachs alongside over 100,000 working professionals. This has created incredible demand for quality residential accommodation - a niche that Lockside Wharf will easily fill along with picturesque canal side views in the heart of the Birmingham’s city-centre.




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City United Academy (CUA)
(0.1 miles)
Inadequate
Number of pupils: 28
Age Range: 11 - 16
Jewellery Quarter Academy
(0.22 miles)
Requires Improvement
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Nelson Junior and Infant School
(0.23 miles)
Good
Number of pupils: 423
Age Range: 3 - 11
St John's & St Peter's CofE Academy
(0.53 miles)
Good
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Age Range: 4 - 11
Arc Oakbridge School
(0.6 miles)
Good
Number of pupils: 31
Age Range: 7 - 16
St Edmund's Catholic Primary School
(0.62 miles)
Requires Improvement
Number of pupils: 206
Age Range: 3 - 11
Brookfields Primary School
(0.64 miles)
Number of pupils: 330
Age Range: 3 - 11
St George's Church of England Academy, Newtown
(0.7 miles)
Good
Number of pupils: 312
Age Range: 4 - 11
City Academy
(0.7 miles)
Number of pupils: 901
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Flexible Learning School
(0.73 miles)
Good
Number of pupils: 40
Age Range: 13 - 16

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,946 /mo.25 Years, 5% Interest
Loan
ÂŁ332,955
Total Repay
ÂŁ583,927

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ5,998
0% up to ÂŁ250,000
5% between ÂŁ250,000 and ÂŁ925,000
Your effective stamp duty rate is 1.62%

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