This is a fantastic investment opportunity within a newly refurbished development of 35 apartments with price points perfectly suited to First time buyers and Buy-To-Let investors. Set over 7 floors with large front and rear carparks to accommodate all residents, The Interchange is in the heart of ‘The Hub’ situated 10 minutes south of Birmingham City Centre. The Building is surrounded by a vibrant range of services and amenities including supermarkets, F&B and entertainment.
With the development of the HS2 and the connecting station close by it will mean London will be a mere 39mins away, Birmingham City Airport is 5mins away and the M6 is also only a 5 minute drive, this is one of the best located developments on the market for connectivity in and out of Birmingham City.
The UK's second largest city
Population of 1.1 million
Attracting over 30 million people a year, the N.E.C hosts 850 events per year
The economic capital is over £623 billion
Last year, Birmingham ranked as one of the best cities in the UK in terms of property price growth, comfortably outranking London. Since 2009, Birmingham has experienced a 45% rise in average residential property values. Birmingham residential property is forecasting excellent price growth for 2019 & 2020,cumulatively adding up to a 14% increase! Birmingham requires 90,000 new homes over the next decade to meet this residential demand.
For investors, it’s a great time to get into the Birmingham market! The Big CityPlan is one of the driving forces behind this incredible growth. A major development plan set out over 20 years, The Big City Plan includes developments across key areas in the city and is set to increase the size of the city core by 25%, improving transport connectivity and providing 50,000 new jobs. It’s this vision being realised that makes Birmingham such an attractive prospect for investors. With Birmingham already boasting the largest business, professional and financial services hub outside of London in the UK, there’s plenty for the second city to shout about! Birmingham is being forecast a population growth of 12% by 2032.
Professional opportunities have never been higher with five universities and a student population of 65,000, Birmingham has a wide pool of graduates to choose from when it comes to degree-based industries.
Offering more affordability for both current students and graduates that are looking to stay in the area, Birmingham is also quickly becoming the UK’s tech hub. For the fifth year in a row, Birmingham has been named the top regional city for start-ups outside of London, with 12,108 businesses set up.
When HS2 begins running in 2026, Birmingham will effectively become a London commuter town overnight as journey times are cut in half. The idea ofaffordable living in Birmingham with a commute to London Euston that takes lessthan 50 minutes from Curzon Street and 40 minutes from The Interchange willlikely be highly attractive for many professionals and families, further increasing the demand for residential property. As the HS2 stretches on to the North-West, Birmingham could quickly become the central transport hub of the UK.
*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
|Located in the UKs 2nd Largest City with 1.1m Population|
|Fastest Growing Financial Services Hub in the UK|
|6000 Tech Firms Employing Over 40,000 People|
|Modern and High Quality Fixtures and Fittings|
|Luxury Fitted Kitchens and Bespoke Modern Bathrooms|