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Treasure House, Birmingham City Centre.

18/02/20

Prices from £190,000, 6% Yield Projected

Set in the heart of Birmingham’s historic Jewellery Quarter is this contemporary new-build, 5-storey development of 30 high-quality, luxury, boutique 1-,2- and 3-bedroom apartments. This new build project in Birmingham offers all the benefits of city living with extensive communal and landscaped gardens designed to provide tenants with on-site outdoor space for recreation and relaxation.

This new build property investment opportunity is close to major landmarks in Birmingham City Centre, including the business district, The Bull Ring, The Mailbox, and Grand Central Station. This prime location contributes to making this property an excellent purchase for a discerning owner-occupier or a shrewd investor looking for a great buy-to-let property.

This brand-new property development in Birmingham is due for completion in Q2 2021, removing the development risk associated with other off-plan properties for sale. From an investment point of view, this makes perfect sense for investors looking to capitalise on the growing Birmingham residential property market with a high-end investment property.

Service charges are reasonable at just £1.31 per sq. ft. and ground rent is 0.1% of the purchase price capped at £250. Finance is available, and investors require just 20% deposit on exchange within 28 days and then the balance is payable with either cash or a mortgage on completion.

Investment Highlights

  • Boutique development of just 30 apartments
  • Mix of 1-, 2- and 3-bedroom apartments
  • Some apartments with private terraces
  • Completing Q2 2021
  • Projected yields of 6%
  • £5000 reservation fee
  • 20% deposit on exchange, balance on completion
  • Walking distance to prime sites in Birmingham city centre
  • Communal landscaped garden area

 

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