Just moments away from Birmingham’s thriving city centre and less than five minutes from Birmingham New Street and Grand Central, it is easy to forget that The Foundry is so centrally located. This landmark development will deliver 140 luxury one- and two-bedroom residences over three phases. Contemporary styling and ergonomic design will meet harmoniously in these apartments, with the comfort of the cosmopolitan resident at the heart of the specification. Handpicked fixtures and fittings that have been tried and tested in other recent developments will elevate the bespoke apartment space.
Situated in Digbeth, the up-and-coming Creative Quarter of central Birmingham and a stone’s throw away from the renowned Custard Factory, The Foundry is an outstanding opportunity suitable for a sophisticated investor who knows great potential when they see it.
In 2018, Digbeth was named by The Sunday Times' property supplement as the ‘Coolest Neighbourhood in Britain’, and it is not hard to see why it received this amazing award. Once Birmingham’s industrial quarter, home to food giants such as Typhoo tea and Bird’s custard, the area is now a bohemian district and one of the city’s most distinctive areas. Digbeth has developed immensely over recent years to become a nationally recognised cultural hub that is full of art galleries, restaurants and nightlife. The area also benefits from its fantastic central location, with the Bullring and Grand Central less than a ten-minute walk away.
It is an exciting time for Digbeth with advanced plans for HS2, due to open in 2026, now in place. The arrival of this international rail network will provide Birmingham with a catalyst for unparalleled growth and regeneration as well as placing it at the gateway of both the UK and European high-speed rail network.
The publication of the Birmingham Curzon HS2 Masterplan has established the city’s aims to capitalise on the regeneration and development potential of HS2 in the city centre, but in particular Digbeth and the eastern areas of the city. It has been estimated that these areas alone can provide 14,000 (net) jobs, 2,000 new homes and £1.3bn economic uplift. Other benefits that the network will bring to Digbeth include an integrated metro stop in New Canal Street that will serve the area. A landscaped plaza, Paternoster Place, is also planned to transform pedestrian connections between the city centre and Digbeth. Further proposals for the area include 33,000 sqm of retail space, 150,000 sqm of office space and 75,000 sqm of residential development.
Birmingham has declared its plans to maximise the benefits that HS2 will provide the city and Digbeth in particular. This will now provide investors with the perfect opportunity to unlock the potential of property investment in this unique area where history meets futuristic development.
POSTCODE FOR LOCATION B12 0QY
*Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase
**The provision of lender finance for your purchase isdependant upon individual circumstances and cannot be guaranteed. We advise youto obtain independent financial advice before entering into an agreement uponwhich you will be relying upon lender finance. Any decision to proceed withlender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase.
|Assignable Leases Allowing Investors Maximum Flexibility in Purchase and Exit|
|Close to the Proposed HS2 Station|
|Lease Allows for Corporate Short-Term Lets|
|Multiple Revenue Stream Options|
|Developers Previous Projects have Featured in ‘Homes & Gardens’ and ‘Bedrooms, Bathrooms & Kitchens’ Publications|