Prime Birmingham apartments
Guaranteed 7% rental return
This exciting opportunity enables you able to purchase a modern, luxury apartment in one of Birmingham's most iconic buildings, No 1 Hagley Road, just minutes from the city centre.
Available today from as little as £104,500 these landmark apartments, ideal for young professionals, offer a guaranteed 7% rental return for 1 year.
The development is up to £700 per sqm cheaper than comparable developments with estimated monthly rents for a 1 bedroom apartment at £650 rising to £1,100 pcm for a 2 bedroom unit.
- Studio, 1 and 2 bedroom luxury modern apartments
- Available from £104,500
- Expected yields of 7 - 8% - Underwrites available
- Up to £700 per sqm cheaper than comparable developments
- Prime city centre location, first-class facilities and local amenities
Recently voted the Destination of the Future, Birmingham has transformed itself in recent years with the Big City Plan set to pump hundreds of millions into transforming New Street station, Paradise Circus and Five Ways over the next 20 years.
Not afraid to make bold choices and take the architecture of this fine city in a new direction, the futuristic Selfridges store in the Bullring won the RIBA award for architecture in 2004 and the £188.8 million new Central Library, the largest in Europe, opened to critical acclaim late last year.
Over 1.1 million people already call Birmingham home but as more big businesses move in, the population is set to grow by 150,000 people by 2031.
The clear imbalance in supply and demand (some 80,000 new homes are required over the coming years) makes us at Property Frontiers bullish about Birmingham’s property market. With property prices remaining low in comparison to London and the South-East and rents rising, Birmingham is a true buy-to-let hotspot for 2014.
Invest from £104,500
*Exchange rates and currency conversion data provided daily by xe.com