Knight’s House, a former nine-floor office block in Sutton Coldfield, Birmingham, features 63 apartments, including 12 penthouses.
The company made use of government housing rules allowing existing offices to be built upwards, by adding an extra two floors to the building to make space for the new penthouses.
Having announced practical completion in November, and finishing touches completed during lockdown, the property developer had to negotiate issues posed by the crisis before being able to open up to the rental market.
During lockdown, Urban Village Group offered two months’ rent-free accommodation to NHS workers serving in Birmingham hospitals.
The property features one- or two-bedroom apartments.
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Knight’s House bedroom
Hyperoptic broadband has been added to the building in a bid to attract professionals looking to work from home after the lockdown.
New tenants will be able to benefit from an exclusive broadband package, while tenants taking a 12-month lease will qualify for one month’s free broadband.
This project adds to the company’s growing portfolio of BTR developments, which includes The Old Arts School House in Sutton Coldfield.
Nick Sellman, chief executive at Urban Village Capital, said: “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.
“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.”
The business plans to add a further 247 apartments next year, having recently purchased an office block in the Yardley area of Birmingham.