Westminster Works Birmingham

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.

HIGHLIGHTS

  • 6% estimated net rental yield
  • Q4 2019 completion
  • Prices starting from £190,166
  • Prime city centre location to benefit from HS2
  • David Phillips furniture packs

INTRODUCTION

The stylish, modern design of Westminster Works pairs perfectly with the creative cultural vibe and striking architecture of Digbeth. The warehouse-inspired exterior is the ideal fit for the local neighbourhood, adding a new, contemporary twist to an already exciting district. Digbeth offers the ideal site for Westminster Works, which is tipped to be one of the city centre's most exciting new residential developments. Residents will enjoy access to a superb range of amenities, economic opportunities and cultural pursuits.

OVERVIEW

Westminster Works will bring a fresh standard of elegant living to an already exciting area of Birmingham city centre. The graceful development will provide 126 one-bedroom and 94 two-bedroom apartments, catering to professionals and their families. The high end apartments at Westminster Works are presented alongside a range of top facilities. These include an impressive rooftop terrace, a concierge service for residents' convenience, secure on-site parking and smart home, eco-friendly technology in every apartment. This blend of modern facilities will ensure maximum appeal to professional, urban tenants. David Phillips furniture packs ensure that residents will enjoy a superior standard of living from the moment they set foot in the door. They also mean that investors can benefit from the ease of this turnkey, 'ready to rent' offering. The latest regeneration work in Digbeth, which neighbours Birmingham Smithfield, is focused around five 'Big Moves,' which have been devised to integrate Curzon Street Station, Westminster Works’ nearby station, into the city centre. This will ensure the HS2 connection's position as a catalyst for regeneration, through its connectivity to Digbeth and surrounding areas, pushing Digbeth into a further period of inclusive economic growth and securing its contribution to Birmingham's role as a world-class city.

PAYMENT STRUCTURE

  • Pay £5,000.00
  • Pay 25% minus £5,000.00 reservation fee upon exchange, minus reservation fee – usually within 28 days
  • Pay balance upon completion

WHY INVEST IN BIRMINGHAM?

Why Invest in Birmingham? Birmingham is the second largest UK city next to London and has one of the largest legal and financial services centres in Britain. Many internationally recognised businesses and companies have relocated there, perhaps most notably HSBC and Deutsche Bank which increases the number of affluent individuals living in the city. Ahead of the arrival of HS2, the high-speed rail network, journey times from Birmingham to London will reduce to 49 minutes and as such interest in Birmingham from an investment perspective has risen. More and more people will commute for work purposes which means that someone can live in Birmingham yet work somewhere as far as the capital or vice versa. When HS2 is completed, property in and around the station will rocket in value and this is a major reason why many are choosing to invest in Birmingham right now. The demand for high end property is therefore high and prices are rising due to the economic growth in Birmingham, in fact the West Midlands region is set to be the fastest growing economy in the UK with chartered accountants EY saying that economic input in the region will grow 1.8% a year. The strong economy of the region and Birmingham in particular, make it a great city to invest in currently and in the years to come.

FINANCIALS

On a £190,166 investment, Westminster Works offers £950.83 PCM that will be guaranteed by the developer for first year. This equates to £11,409.96 p/a.

 

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Contact Us

Headquarters

Balfour House, 741 High Road,
North Finchley, London, N12 0BP

Call Us

+44 (0)20 8445 6542

Email Us

 info@tarquinjones.com

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