Property description
A very fine conversion of an important Grade II Listed Victorian Glassworks, creating 27 units of the highest quality with a mix of one and two bedroom flats plus, also, two and three bedroom town houses. PHASE ONE sees the release of EIGHT LARGER STYLE ONE BEDROOM APARTMENTS with four to the ground floor and four to the first floor. Each property will have an allocated parking space and the benefit of a 10-year CRL Guarantee
DESCRIPTION
Here is a truly exceptional cool, calm and contemporary Grade II Listed development by highly experienced local Developers, J.G. Woodcock Construction Ltd. The site consists of 27 units, namely 17 one and two bedroom apartments and 10 two and three bedroom town houses found just off North Street in the centre of Brierley Hill; a small town conveniently situated between Stourbridge and Dudley. Dudley is about 4 miles north-east and Stourbridge town centre lies to the south, being about 3 miles distant. Brierley Hill itself has its own town centre which is within a short walking distance and fringing that is Merry Hill; a vast shopping centre with retail Park, Cinema and surrounding Pubs and restaurants offering ultra-convenience to the surrounding residential areas but also a wealth of potential employment opportunities. The 27 homes have been carefully crafted from the former world famous Royal Brierley Hill Crystal Works, built for Messrs. Stevens and Williams in the 1870's and, equally, their own names also carry immense gravitas within Brierley Hill's proud glass making history. Production at the site continued until the modern day and Royal Warrants were awarded to the Company by every Monarch since George V, the most recent being in 1985 when HRH Prince of Wales visited the factory. The development also retains a cone which is a particularly nice feature. Albeit that the development is brought about by means of conversion, it is fair to say that the original factory has been so extensively re-built and re-equipped that each unit is now very much akin to being a totally brand new property. In very general terms new homes have come to hold an unenviable reputation for quick construction and, by direct consequence, low associated standards. With this in mind it is therefore both refreshing and extremely comforting to learn that J G Woodcock Construction Ltd are a local family run Firm who have been trading since 1972 and pride themselves on exacting build quality and the highest industry standards. As great testament to this it is interesting to learn that this development has been the subject of painstaking work in progress since 2008 and exhibits notably high attention to detail, being feature packed and pure quality through and through. In many respects the Royal Glassworks captures the style and standard of similar really high end, big City developments and in this sense, represents an incredibly rare opportunity at a fraction of the price ! These outstanding properties simply cannot fail to impress and such is the selection, will appeal to Investors, First Time Buyers, Families and those seeking a property in which to retire.
RECEPTION HALL - 6' 10'' x 3' 7'' (2.08m x 1.08m)
with roof light to front aspect, built-in cupboard and door to:
COMBINED LIVING ROOM AND FITTED KITCHEN - 20' 7'' x 15' 11'' to living room area/13'8\" to kitchen area (6.28m x 4.86m to living room area/4.16m to kitchen area)
with two roof lights to rear aspect and a further two roof lights to front aspect plus a sealed unit double glazed arched window to rear elevation, exposed beams also carry feature industrial iron workings original to the former building.
INNER HALL
with access to loft space, built-in airing cupboard and doors to:
BEDROOM ONE - 13' 12'' x 9' 3'' (4.26m x 2.82m)
with roof light to rear aspect, sealed unit double glazed arched window to rear elevation and exposed beams also carrying feature industrial workings original to the former building.
BEDROOM TWO - 10' 3'' x 8' 1'' (3.12m x 2.46m)
with roof light to rear access, sealed unit double glazed arched window to rear elevation and exposed beams also carrying feature industrial workings original to the former building.
BATHROOM - 9' 2'' x 6' 2'' (2.80m x 1.89m)
with roof light to front aspect, low level flush wc, pedestal hand wash basin and bath with shower over.
PARKING
The development is approached via Bague Walk. Sat Nav Ref: DY5 3AT
RESERVATIONS
A reservation fee of £500.00 (five hundred pounds) is payable with the understanding that there will be an exchange of contracts in 28 days. In the event of withdrawal and an exchange not taking place then 50% of the deposit will be refunded.
CRL INSURANCE AND WARRANTY
The properties are also offered for sale with the benefit and protection of a 10-year structural insurance policy provided by CRL and this is recognised by all major mortgage lenders in the UK and Ireland and complies with the Council of Mortgage lenders (CML) Initiative. For those with access to the Internet their web address is www.c-r-l.com
PROPERTY MANAGEMENT
The properties will be professionally managed by the specialist long leasehold department of Phipps & Pritchard with McCartneys LLP in respect of service charge provision and on-going maintenance, etc. thereby preserving the development and enhancing values for the future. Any questions should be directed to Mr. Michael Walker - Phipps & Pritchard with McCartneys LLP, 32 Worcester Street, Kidderminster, Worcestershire. DY10 1EW. Tel: 01562 861886.
TENURE
THE HOUSES will be sold FREEHOLD with an annual Estate Charge payable. The estate charge estimate is £203.44pa in order to facilitate general maintenance of the development and to contribute to the general administration there-of. The APARTMENTS will be sold LEASEHOLD and will be held on a 125-year lease. The day to day management of the development will be run and overseen by the specialist long leasehold department of Phipps & Pritchard with McCartneys. There will be an initial ground rent of £100 per annum payable in two equal instalments of £50 each in advance of the first day of each January and July subject to upward only ground rent reviews every 25 years linked to the Retail Prices Index (RPI). The service charge estimate is split in to two schedules, the first part being a contribution towards the Estate upkeep, the second being a contribution towards the upkeep of the apartments and this second schedule contribution is based on the square footage of each plot. The service charges are payable in half yearly instalments on 1st January, and 1st July of each year. The current service charge estimate for plot 17 is £798.98 per annum. Please note that service and estate charges given are ESTIMATES only and may vary. This includes: Communal lighting Communal cleaning and grounds maintenance Window cleaning Intercom system Fire system Aerial system Contingencies and reserves General maintenance Management fees Buildings insurance Audit fees