Westminster Works is a collection of luxurious, loft-style apartments in one of Birmingham city centre's most sought-after districts, Digbeth and offers an estimated 6% return.
6% estimated NET rental yield
Prices starting from £190,166
Completion: Q1 2021
220 one and two-bedroom apartments
Leasehold: 250 years
Prime city centre location to benefit from HS2
Facilities include parcel delivery service, 24 hr security and David Phillips furniture packs
Westminster Works is luxury living in the coveted district of Digbeth. A collection of 220 one-bedroom and two-bedroom loft-inspired apartments across 7 floors, investors will enjoy 6% estimated NET rental yields, selling from £190,166.
Where residential meets industrial, Westminster Works feeds off the imagination flowing through Digbeth, Birmingham's creative quarter to provide elegant living in the warehouse inspired property. With a 6% return for investors, Westminster Works offers the finest of luxury living to meet the demand for state-of-the-art accommodation in Birmingham. Positioned in the heart of Birmingham's proposed HS2 transportation link, Westminster Works, will be an ideal property for tenants commuting up and down the country. Additionally, the property located within the Southern Gateway £1 billion regeneration zone, offers a vibrant lifestyle from Birmingham's thriving culture scene. The fully fitted kitchen including ceramic hobs and spacious bathrooms featuring Bristan brass wear and heated towel racks, offer a stunning living space matched by the American white oak veneered apartment entrance doors and double-glazed windows and patio doors. To complement the high specification apartments, Westminster Works provides audio door entry, smoke detectors, carbon monoxide detectors and lift access all floors. To adhere to the growing demand for luxury living, Westminster Works, offers parcel and food delivery services, smart technology, communal courtyard and more. The extensive facilities offered, coupled by the coveted Digbeth location, this opulent residential property is a fantastic investment opportunity in a city undergoing mass regeneration.
Reservation fee: £5000
Exchange: 25% (minus reservation fee within 28 days)
Westminster Works offers investors 6% NET rental yields with a 250-year household and a ground rent of £250-300 per annum.
See table below for an example of the amount of returns you could earn:
WHY INVEST IN BIRMINGHAM?
As the second largest city in the UK, Birmingham is identified as a global source of opportunity with business, financial and professional services making up for 500 companies, employing 35,000 people. The significant strategic development has seen major international businesses including HSBC and Deutsche Bank relocating the thriving city.
Rich in culture, Digbeth, an established creative sector such as Fazeley Studios is a hub is digital media, gaming and arts companies is mirroring the creative atmosphere of London. Evolving as a beacon of scientific development, Birmingham is home to various research centres including Birmingham Science Park Aston in addition to an enticing retail industry, featuring Bullring, one of the largest shopping centres in Europe. The culmination of these factors has led, to an increase in young professionals living in Birmingham, to the extent of under 25-year olds answering for 40% the city's population.
The extensive regeneration, most notably the HS2 train and New Street station £770 million redevelopment will result in a skyrocketing increase in population desiring high-quality accommodation to mirror the standard of the standard, is the very reason Birmingham is a prime opportunity to invest in.
For further details call (0)20 8445 6542 or email email@example.com.
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