14.07.2016

How much will it cost to live in the Jewellery Quarter?

With Birmingham being a city on the up and showing no signs of slowing down it is now a popular destination for businesses and individuals. With many people now moving to the 2nd city even from London, the city currently comprising of more than 10,000 residential properties, with another 5,000 due to arrive by 2021. So the question is where should you live in Birmingham?

Why Live in the Jewellery Quarter

Birmingham Jewellery Quarter has over recent years become a prime destination when it comes to living in Birmingham city, the area has seen many new residential developments whether it’s something new or restoration of one of its many historic building and former factories. Which means there is plenty to choose from when looking for properties to rent or buy.

As well as the wide variety of properties Birmingham Jewellery Quarter has to offer, it is also a beautiful area which retains its heritage and beauty making it an ideal place for anyone who wants to experience city living however still want to enjoy a village like feel. Living here you are conveniently located close Birmingham City Centre, with great public transport links to the city you’re never going to be far from the shopping, restaurants and nightlife Birmingham City Centre has to offer.

Living Costs

House price stats for 2015 in the quarter went from £66k for a studio in St Paul’s Square to £690k or a loft designed by Javelin Block in Viceroy House. The prices to rent or buy for property in Jewellery Quarter are still relatively competitive.

There is a real mix of property here, although it is probably more suited to individual renters or couples than families with the majority of homes being apartments. As a lot of the new developments have been created out of former factory buildings, you can expect bags of character with some of the high-end places offering spacious kitchens and balconies.

For anyone seeking to live in Birmingham Jewellery Quarter, the best advice is to allow as much time possible to research preferred locations and requirements, and speak to a member of the team here at FleetMilne, we are an estate agent based in the heart of Birmingham City and specialise in property investment, property management and property to let or buy in Birmingham.

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