1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (250 years remaining)
Investing in this development in Birmingham offers strong rental yields, potential for capital growth, and a stable, growing market. The combination of a central location, increasing demand for rental properties, and upcoming infrastructure projects like HS2 makes Birmingham an attractive option for property investors.
1. Prime Location
Central Location: Birmingham is a thriving city with a growing economy. These apartments are to be located in a sought-after area, offering easy access to key amenities like shops, restaurants, transport links, and employment hubs.
Regeneration and Growth: Birmingham has seen significant regeneration and infrastructure investment in recent years, including new developments, the HS2 high-speed rail station, and the development of major commercial and residential areas. This makes it an attractive location for long-term capital growth.
2. Strong Rental Demand
Growing Population: Birmingham is the second-largest city in the UK, with a young, diverse, and rapidly growing population. This increases the demand for rental properties, particularly in central locations.
Student Population: With major universities like the University of Birmingham, Aston University, and Birmingham City University, the city has a large student population, ensuring a strong rental market for apartments close to these institutions.
3. High Rental Yields
Strong Rental Market: Due to Birmingham’s strong rental demand, particularly from young professionals, students, and families, you could benefit from higher-than-average rental yields compared to other UK cities.
Affordability: Birmingham offers relatively affordable property prices compared to London and other major cities, meaning you may be able to achieve higher rental returns on your investment.
4. Capital Growth Potential
City’s Economic Growth: Birmingham has undergone substantial redevelopment and infrastructure upgrades, which are expected to drive property values up over time. This creates potential for strong long-term capital appreciation.
HS2 Impact: The upcoming HS2 rail station, which will connect Birmingham to London in under 50 minutes, is expected to significantly enhance property values in the city, particularly in areas close to the new station.
5. Quality of the Development
Modern Design and Amenities: these apartments will offer high-quality finishes and modern amenities, making them appealing to tenants and increasing their rental desirability.
6. Diversification and Stability
Diversification: Birmingham’s property market is generally considered less volatile than that of London, offering a more stable investment option, especially for first-time investors or those looking to diversify their portfolio outside of the capital.
Strong Economic Foundation: Birmingham is a major business, finance, and cultural hub in the UK, with industries such as manufacturing, technology, and healthcare. This broad economic base helps provide a stable foundation for the property market.
7. Attractive to Young Professionals
Work-Life Balance: As a growing hub for tech startups, finance, and professional services, Birmingham is attracting young professionals who are looking for quality living spaces close to work, making apartments in prime locations highly desirable.
Places of interest
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Property reference XWU0ZAFAE84. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by TK Property Group - Northwest.
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Broadband availability and predicted speed: obtained from Ofcom on May 17, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 17, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 18, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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