One And Two Bedroom Residence Investment Apartments İn Uk

For Sale, ApartmentUnited Kingdom » Birmingham

£ 208,000
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These residences are a joint venture by Wavensmere Homes and The Galliard Apsley partnership to regenerate a 12 acre site that has been disused for some 20 years. The master plan will see the creation of an entire new community with 438 new homes.

The mix will be 326 luxurious 1 & 2 bedroom apartments, together with 112 executive 2, 3 & 4 bedroom houses - all set amid open green space, parkland and new landscaped public realm

Fact Sheet


Units: 1 and 2 bed apartments
Starting Price 1 Bed: £208,000  431 SF     £438 psf
Starting Price 2 Bed: £290,000   657 SF    £441 psf

Practical Completion:
Block A – Q4 2024
Block B – Q1 2025

Mortgage: Yes

Estimated Completion:B12 9 Block A – Q4 2024 Block B – Q1 2025 

Total Development:326 Apartments

Parking:£11,000 per space

Tenure:999 Years

Est. Service Charge:  £3 psf Circa -

Expected Yield:6% gross yield 

Building Warranty:Global Homes Warrantee

Furniture Pack: Available 

 

Payment Plan


Reservation Fee: £5,000
20% on Exchange, balance (80%) on completion
Parking: £11,000

 

Birmingham’s framework of six economic growth zones will attract a £1.5 billion investment programme generating some 1.8 million square metres of new floor space and create around 50,000 new jobs. By 2031, Birmingham will have undergone a transformational change that will see substantial economic growth furthering its dynamic presence on the international stage. The six economic zones provide the stimulus for clustering economic activity within high quality business environments, each accelerating the delivery of growth to benefit the city. Today, Birmingham is a city of outstanding statistics with a regional economy of £40 billion. It is also a city setting an exceptional benchmark for a quality lifestyle – with the cost of living some 60% lower than in London.

LOCATION

 Birmingham is strategically located for motorway travel with the M5, M6, M40 and M42 all interconnecting in and around the city. The commute by car into London is around 116 miles, or just over 2 hours on average. Drive times across the Midlands are impressive with a typical journey time of 30 minutes to Coventry, 55 minutes to Leicester and 60 minutes to Nottingham. New Street, Snow Hill and Moor Street are the three main rail stations that provide a comprehensive network linking destinations across the UK. The £55 billion development of HS2 will slash current rail journey times to and from London to an anticipated 37 minutes from Interchange (Airport) to London Euston and Curzon Street (City) to London Euston in 49 minutes 

West Midlands Metro links Wolverhampton St. George's to the city centre. The ongoing £1.3 billion extension will increase the number of stations to 80 connecting Wolverhampton, Birmingham, North Solihull, the NEC, HS2 and Birmingham Airport.

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