Birmingham attracts over 41 million visitors a year, with 5 universities and over 73,000 students its population is one of the youngest in Europe, with 40% being under 25. A fantastic place to invest, especially if considering the short term or corporate model as 90% of the UK is accessible from Birmingham in 4 hours. Achieving the spot of the second fastest-growing city of 2018, Birmingham is catching many investors eyes, especially as more and more Londoners move out of the city to 'Brum'. This is also due to the fact that it is one of the UK's biggest financial centres, with firms such as Deutsche Bank relocating to the city.
Birmingham Airport serves over 9 million passengers a year to over 130 routes.
The development benefits from its B1 postcode and is located within a very vibrant area of the city. With the BBC and Harvey Nichols close by attracting tourists, this area of Birmingham tends to maximise rental figures making it an attractive proposition to investors. The Westside area of Birmingham was once neglected, in more recent times regeneration has transformed the area into one of the primary destinations for business and leisure visitors.
30 luxury one and two-bedroom city centre contemporary apartments situated next to Birmingham’s Mailbox. The apartments are being designed and built by one of the UK's leading development companies and will comprise of open plan living, large windows (where possible), integral appliances, stylish suites, hardwood flooring and lots of natural light, everything that the professional tenants of today look for.
Suitable for both long term professional AST as a buy to let, or as short term let accommodation under our corporate model, this development delivers multiple strong revenue streams, with the potential for high returns, and fantastic capital growth due to its prime location.
*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 is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender 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.
|Next to the Iconic and well known Mailbox|
|Luxury City Centre Apartments|
|Suitable for Short Term Corporate Lets|
|Potential for Capital Growth|