Investment Highlights
• Prices from £99,000
• 11 Minutes by Metro to Birmingham City
• Short let available
• NET yields up to 6.47% long let / 9.94% short let
• Reservation fee £1000
• 20% on exchange of contract
• Completion date Q3 2022
Development Specification
Comprising 97 single-bedroom apartments and 8 two-bedroom units, the property is part of a neighbourhood that’s witnessing a huge surge in local regeneration and urban improvements. With central Birmingham a few short stops along the metro, the new apartments will be suited for a thriving new generation of young, skilled and ambitious workers.
Transport Connections
The development stands less than 8km from Birmingham city centre, just a few short stops along the West Midlands Metro line. The advent of High Speed Rail will make a considerable difference to Birmingham, which will be amongst the first British cities to benefit. Plans are now well advanced for the new, £1 billion Curzon Street Railway Station, which is due for completion in 2026. Once operational, it is expected to reduce journey times to London to just 49 minutes.
Employment & Education
With a population of over a million, Birmingham is the second largest city in Britain. It’s also one of the most productive and economically successful growing faster than any other city region outside London, with output up by 35 per cent over the past five years. There's a 20-year, £1.5 billion City Centre Masterplan, which seeks to build 1.5 million square metres of new office space, create over 50,000 new jobs and add £2.1 billion to the economy each year. It's estimated that by 2030 there will be 250,000 private sector jobs. Large employers in the area include BT, Deloitte, Lloyds Bank, Jaguar, KPMG, PWC, RBS, Rolls Royce, Sainsbury's, Whitbread PLC. This year should also see HMRC moving into new premises in Birmingham, bringing with it 3,500 jobs. The Midlands is home to 20 universities, producing 112,000 graduates per year.
Amenities
Located in West Bromwich centre there's everything you'd need on the doorstep of this development.
• University – 1-minute walk
• Bars & restaurants – 5-minute walk
• Metrolink – 10-minute walk
• Shopping Centre – 10-minute walk