Investment Type: BUY-TO-LET
Est. Completion: OFF-PLAN
Stunning new development comprising of spacious one and two bedroom apartments, perfectly located between Birmingham city centre and the International Airport. The location on the arterial Coventry Road, ensures easy and convenient access to the city centre for young professionals and couples alike. Location close to the Westley Brook and Sheldon Park area ensures high local rental demand.
Birmingham Off-Market Development - Highlights:
• Close proximity to Birmingham tram system
• Close proximity local green space area and park
• Post code has had a 30% price growth over the last 5 years, but is still 40% price lower than the city centre
• One of the fastest selling postcodes in the West Midlands
• Rents from £900-£1400 PCM
• Rental demand is strong- the average is 16 days to rent a property in the postcode showing a 140% stock turnover per month as shown in the full property data report.
• 65% of the population in area class A, B or C1 (Higher professional occupations) - average local income of £46,000 PA.
• High specification – Quartz tabletops, marble style tiles etc.
• Launch Prices from £182,000
• Close to the City Centre, Birmingham International Airport, HS2 and NEC.
• £0 Ground Rent | £1.60/sq.ft. Service Charge | 250 Year Lease
• Completion Q3 2023
• Under construction - started December 2021- click to view drone footage in June
• 20% deposit due on exchange with balance on completion
If you are considering investing in a buy-to-let property in Birmingham, and would like to find out more details about this off-market investment opportunity, please contact our team directly on enquiries@pureinvestor.co.uk or give us a call on Tel: 0161 337 3890.
Location
Birmingham, United Kingdom
Price
N/A
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