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Key Details
Prices From
£199,995
Payment Plan
Development Type
completed
Status
Completed
Key Points
- • Type, New build apartments
- • Units, 58 one and 2 bedroom apartments (sold out)
- • Price, £87,995 - £122,995
- • Yield, 6%
More Details
It's all about the location
Located conveniently in the heart of Birmingham city centre, our B1 development will comprise 58 one and two-bed apartments in one of Birmingham's most sought after post codes making it the ideal Birmingham city centre investment.
With the proposed construction of the HS2 national high speed rail network, commuting to London will be made even more quick and easy, at just 39 minutes. Right in the centre of England, everything is accessible in Birmingham.
Proud of its distinctive heritage, yet energised by the youngest population in Europe, Birmingham's transformation into a cosmopolitan, accessible and welcoming city has ensured that rental demand in the city continues to outweigh supply.
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Prosperity's trademark design
Delivering style and contemporary elegance to every development. All homes will feature an open plan living area, stylish custom fitted kitchen with integrated appliances and a contemporary white bathroom suite.
Each apartment has been intelligently planned to create the best accommodation flow possible in which to socialise and relax and an individual specification selected to maximise the appearance and long-term enjoyment of each newly created home.
No Mortgage
1 Bedroom Apartment
Purchase Price: £107,995.00Reservation Deposit: £5,399.75 plus £850 legal feeMonthly Payment Stage: 22 x £3,190.76
Remaining payments are covered by rental income over 5 years.This option is perfectly suited to clients without a large lump sum. Payments can be made across the build term, keeping payments low.
Payment plan provided is correct at the time of development launch.
Estimated gross rental income £600 per month / £7,200 per year
Estimated gross rental yield 6.6%
Monthly & Mortgage
2 Bedroom Apartment
Purchase Price: £122,995.00Reservation Deposit: £6,149.75 plus £850 legal feeMonthly Payment Stage: 22 x £1,397.67
Balance is paid by way of an arranged mortgage or cash.This option is perfectly suited to clients without a large lump sum. Payments can be made across the build term– keeping payments low. This payment plan is only available on selected plots.
Payment plan provided is correct at the time of development launch.
Estimated gross rental income £650 per month / £7,800 per year
Estimated gross rental yield 6.3%
Fast Facts
- Initial deposit of 5% followed by monthly payments during construction
- 22 month build period. Completion anticipated Q3 2022
- Ideal location in the heart of Chesterfield's thriving market town centre
- Less than 10 minutes walk to local coach and train stations
- 6 universities less than an hour away
- Projected rental yields of 6.6%
- Birmingham City Centre Investment
Introduction
58 one and two-bed apartments in one of Birmingham’s most sought after postcodes.
Want to know more details?
Feel free to contact our agent
