Birmingham City Centre Investment property
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Tel: +44 (0)1932 849536

PV90018 - Birmingham City-centre investment

Digbeth, Birmingham, ENGLAND, United Kingdom
Apartment
£ 159,995

 Description

Birmingham is the UK's second city by population size and it is about to get bolder. With HS2 coming to the heart of Birmingham enabling London commuting, more residents and business are flocking here. Property is seeing steady price and yield rises year on year. Few cities have this good news story. NEW DEVELOPMENT COMING SOON

Why invest in buy-to-let property in Birmingham?

The UK’s next largest city after London, by population (1.1 million), rising to 2.5 million when combined with nearby Wolverhampton, Birmingham is a major education hub with five universities and 75,000 students (its student numbers represent the size of an independent town in its own right). Birmingham has the youngest profile of any city in Europe with 37% of the population under 24 years of age and is the second most ethnically diverse population in Europe. The city attracts 33 million people a year for business and pleasure.

The Big City Plan is the most ambitious, far-reaching development project ever undertaken in the UK, combining both public sector and private sector investment. This Masterplan’s aim to create a world-class city centre, has a 20 year timeframe. Transformation work started in 2007, with over £1billion of public investment in the city centre and manifestations of this work can now be seen in its infrastructure projects.

Birmingham property market

Land Registry shows prices are rising, with steady annual growth of over 5%. Upward pressure on prices looks likely to continue as demand forecasts of 4,200 homes by 2021 surpass the forecasted supply of only 2,300 over the next three years. With HS2 coming to Birmingham in 2026 this will only serve to buoy the local economy and its property market further, with predictions of average annual price growth of over 6%.  Even with this steady growth, the average cost of a home in Birmingham is still around 60% less than one in London.

Rental growth of 4% per annum is expected, but this is likely to be significantly more in the central parts of the city.

The investment apartments’ central Birmingham city location

In the Digbeth area, B5, these homes will be within walking distance of Birmingham New Street Station - the £600 million Gateway scheme built in 2015. This investment has regenerated this part of the city centre creating thousands of jobs, with spin-off effects in other areas in close proximity, like Digbeth and Smithfield.

With High Speed Rail being brought directly into the heart of Birmingham, this will also be easily accessible from this location in Curzon Street.

Birmingham investment apartments - pricing and timing

Completion first part of 2020

1, 2 and 3 bed apartments are soon to be released starting from £159,995

Payment terms are £3,000 reservation, 30% deposit payable over 24 months with a 70% balance of payment.

Please get in contact for more details. Click the 'Request More' tab on the right side of the page.

 Tags

 Features

Base Information

Bed
1
Bath
1
Square meter
30.00 sqmt

Land Information

Square feet
30 sqmt

 Amenities

 General Amenities
Central Heating
Double glazing
 Appliance Amenities
Kitchen Appliances
 Community Amenities
Football ground
Gym
Train
Bus
Tram
Metro/Subway
Medical Facilities
Shops
Restaurants
Bars
Airport
Entertainment
University
Schools
Park
 Security Amenities
Security

 Investment Type

Buy-to-let : 
Investment : 
Year-Round-Living : 

 Construction status

Off-Plan : 
New Build : 

 Investment Category

Residential : 

 Location

  Louise Reynolds

  Request more Details

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