BTR News Build to Rent (BTR)

£14m luxury development in Birmingham completes

Urban Village Capital has now delivered its latest £14m apartment development in Birmingham after overcoming challenges posed by the lockdown.

The development – Knight’s House – was a former office block in affluent Sutton Coldfield, Birmingham. It includes a total of 63 homes – which includes 12 penthouses – and features a mix of one- and two-bedroom apartments. All apartments offer premium designer kitchens, bathrooms and bedrooms – with chrome fittings and laminate wood flooring.

The Urban Village Group announced the practical completion of the development in November 2019 but had to negotiate issues posed by Covid-19 before it could open up to residents. 

Lounge at Knight House development, Birmingham
Lounge at Knight House development, Birmingham

“Knight’s House is a stunning addition to the Birmingham residential rental market.

“The final couple of months of the development did pose one or two challenges, but nothing that we haven’t been able to overcome to add this development to our growing list of properties.”

Nick Sellman, Chief Executive, Urban Village Capital

The finishing touches to the development were completed during lockdown – and the Urban Village Group offered two months’ rent-free accommodation to NHS workers serving in Birmingham’s hospitals during the peak of the coronavirus crisis.

Kitchen at Knight House development, Birmingham
Kitchen at Knight House development, Birmingham

One of the key innovations in the developoment is the hyperoptic broadband, delivering connection speeds of up to 1GB. The superfast connectivity will have huge appeal to those who will continue to work from home after lockdown. New residents can benefit from an exclusive broadband package and residents on a 12-month lease qualify for a month’s free broadband.

The Urban Village Group are pioneering the conversion of tired former commercial buildings, turning them into desirable living spaces – and aiding the government’s push for 300,000 new homes each year. The government’s plans have identified Birmingham as a key location as it looks to create a Commonwealth Games Legacy, which the city is hosting in 2022.

Bedroom at Knight House development, Birmingham
Bedroom at Knight House development, Birmingham

The Group has made use of the government’s housing rules – which allow existing offices to be built upwards to increase housing stock. Knight’s House was increased from seven to nine floors to accommodate penthouses.

“We are continually sourcing and developing tired properties to transform them into highly-desirable living spaces. There is a huge demand for quality properties across Birmingham and we are playing a key role in delivering those homes and helping the government achieve its ambitious targets.”

Nick Sellman, Chief Executive, Urban Village Capital

Knight’s House adds to the Urban Village Group’s growing Build to Rent portfolio – which includes The Old Arts School House in Sutton Coldfield. There are plans to add another 247 apartments next year following the purchase of a landmark office block in the Yardley area of Birmingham.

Image credit: Centrick

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