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From £120,000

1 Bedroom Apartment For Sale

Victoria Street, West Bromwich, Birmingham

Key Features

  • 1 & 2 bedroom apartments available
  • prices from £118,000
  • payment plan – 25% deposit payable on exchange of contracts
  • 12% yield via serviced accommodation
  • reservation process - £2,500 reservation fee
  • completion date: q3 2023
  • allocated parking - £10,000

Property Description

This development occupies a prominent position on Victoria Street, which leads directly off the main West Bromwich High Street. All town centre amenities, including the New Square retail and leisure development, are within close proximity. It is also within the town centre's regeneration area, which has undergone extensive development over recent years.

A yield of 12% is available if you let the property as serviced accommodation.

As the UK's second city, Birmingham is undergoing mass regeneration, has global popularity and huge inward investment. Birmingham was also ranked one of the best cities in Europe for investment prospects in the PwC and Urban Land Institute. Emerging Trends in Real Estate report. Here's why you might want to invest in this amazing city.

Global businesses such as HSBC, Deutsche Bank and PwC are choosing to relocate their headquarter offices in Birmingham and the city has demonstrated its global appeal by winning the bid to host the 2022 Commonwealth Games.

Using a strategy of targeting key areas for investment, Birmingham has developed the largest professional services hub outside of London, demanding the attention of both domestic and foreign investors that are looking to expand and take advantage of a much wider client base. As such, demand for city-centre living is high and house prices in Birmingham are increasing faster than any other English city.

LEASEHOLD INFORMATION:
Lease length - 999 years
Service charge - £1.13 Per Sq Ft
Ground rent - £0 
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