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Lighthouse apartments in Birmingham sell before work starts

11 February 2015 – Greame Brown, Birmingham Post

All but four of the homes being built on the Masshouse plot have been sold off-plan, showing strong demand.

Almost three quarters of the apartments at a new city centre apartment block have been sold in less than a month – before work has even begun.

The development, named Lighthouse, is situated on the southern edge of the Masshouse Plaza plot, near the proposed Birmingham Curzon Street HS2 station.

The developer said all but four of the 14 units had been sold off-plan, showing strong demand for city centre living.

The units include the building’s one studio, and a combination of one and two-bedroom apartments. Among the homes remaining is the three bedroom penthouse, which occupies the entire top floor.

The scheme forms part of the wider Masshouse site, on which the Hive residential development saw all 167 apartments sold in two years.

Stuart Eustace from selling agent Knight Frank, said: “The speed with which these units have been acquired is entirely unprecedented since the recession. The demand for high quality city centre accommodation in Birmingham is continuing to grow and with precious little available stock, it’s understandable why these apartments in their high profile location at the heart of a burgeoning and resurgent part of the city are proving so popular.”