A new £15 million development of 63 high quality apartments - and a new restaurant - in the centre of Sutton Coldfield, Birmingham, has been unveiled.
The Knights House development, at The Parade, includes 12 luxurious penthouse apartments in a two-storey roof extension, with impressive views extending for miles over the town and the nearby Sutton Park.
Joint venture partners Key Land Developments and Urban Village have completed phase one of the conversion of the dilapidated former office building. Phase two is expected to be completed in July 2019. There are 28 apartments in phase one and 35 in phase two.
The development will include a small office suite and a new restaurant, Key Land Developments have confirmed.
Kevin Sharkey, head of of Key Land Developments, said: “Knight’s House is a fantastic, high quality development which is bringing new life to a tired old building. It’s hugely satisfying to see what were vacant and dilapidated offices transformed into dozens of exciting new homes right in the heart of Sutton Coldfield town centre.
“Investors have already reserved a number of apartments and we expect the remaining apartments to be very popular with young professionals, first time buyers and landlords as they offer excellent quality in a location which is just a two-minute walk to the train station. Commuters can be in Birmingham city centre in around 20 minutes on the cross-city line.”
He added: “The original building had seven floors and we have extended it with the addition of two storeys on the roof to accommodate the penthouse apartments. They really are something special and unique in the Sutton Coldfield market.
“Knights House represents another exciting joint venture with Urban Village and we are looking forward to working together with themto deliver further exciting residential developments in the region.”
Floors one to seven each have six two-bedroom apartments and a single one-bedroom apartment. The 12 penthouses all have two bedrooms. Prices range from £180,000 to £300,000.
Key Land Developments is delivering residential projects worth more than £40 million across the West Midlands.
Its mission is to provide affordable, luxury and modern housing to students and professionals, whilst maintaining solid returns for investors. The company raises private investment to develop sites throughout the Midlands, a mixture of residential new build and office to residential conversions. Other Key Land Developments projects include the £15 million Ringway House student accommodation development in Coventry, another joint venture with Urban Village.
Pictured: The Knight's House development in Sutton Coldfield
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