Residential For Sale

6% Projected

Treasure House, Birmingham City Centre.

Prices from £190,000, 6% Yield Projected

Introducing Treasure House, a new 5-storey development situated in the heart of Birmingham City Centre in the trendy Jewellery Quarter district. The development will consist of 30 brand new apartments, an eloquent mix of 1, 2 and 3-bedroom apartments with outside spaces and some stunning duplex apartments. The project features extensive communal and landscaped gardens designed to provide tenants with ample outside space within the development itself.

Treasure House will feature state-of-the-art, high specification apartments built with tenants in mind. Just a short walk away from the development residents can reach all the major landmarks in Birmingham City Centre including the business district, The Bull Ring, The Mailbox and Grand Central Station. This all contributes to making this property a great 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 set for completion in Q4 2020, meaning there is none of 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 in Q4 2020.

Investment Highlights

  • Boutique development of just 30 apartments
  • Mix of 1, 2 and 3 bedroom apartments
  • Completion Q4 2020
  • 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
FAST FACTS
Price
£190,000
Developer
CDP
Management Company
TBC
Service Charge
£1.31 / sqft
Payment Plan
20% on exchange, Balance on completion
Management Fee
7-10%
Ground Rent
0.1% of property value capped at £250
Completion Date
Q4 2020
Deposit Interest
n/a
Tenure
150 years leasehold
  • Parking available
  • Excellent City Centre Location
  • Developer with impeccable track record

contact the consultant.

OPULENT INVEST

CONSULTANT.

020 7205 4345
info@opulentinvest.com
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