New home, 1 bed flat for sale in Princip Street, Birmingham B4, £230,000

230,000.00

Offer Nr.:
64634587
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Martin & Co Birmingham Land & New Homes
Phone(s):
0121 721 5143

* Call now to receive a floor plan and brochure
* 1 & 2 bed city centre apartments
* Off - plan - Completes Q2 2024
* Rooftop terrace
* Waterfront garden courtyard
* Payment plans from 25%
* Expected 6% rental yields
* Large contemporary living spaces
* Residents & TV lounge
* State - on - the - art gymnasium
Contact us to receive more information today! This development is situated in
the Birmingham Snowhill Business District. Prices start from £229, 000 with a
projected yield of 6%
A brand - new building within a new residential development in the centre of
Birmingham's buzzing Snow Hill district. One and two bedroom apartments are
available from £229, 000.
The development is right by the canal and a short walk to the nearby train
station. Tenants can visit Birmingham's key commercial and retail districts
nearby, whilst being in the popular Snow Hill zone which is a mixed - use hub
for young professionals.
Birmingham's property market is currently considered to be more affordable
than other cities in the UK. While properties are priced low, rental values
are increasing. Investment therefore promises strong yields thanks to high
predicted growth and Birmingham's increasing prevalence as a buy - to - let area.
Birmingham's total gva stood at £29 billion in 2018, rose by 7. 5% in 2021, and
is set to climb a further 4. 5% by 2022. Billions of pounds are also being
invested into Birmingham's infrastructure to enhance what is already the
country's largest financial and commercial centre. The Big City Plan will see
the City Council continue to invest in the creation of a world - class
destination until 2030. Birmingham is also considered a cultural epicentre and
one of the UK's top shopping and dining destinations. This impressive visitor
economy is set to keep on growing with the forthcoming arrival of HS2.
Birmingham's evolution is supported by the youngest population of all European
cities. With a majority percentage of the city's residents below the age of
25, and high retention rates across 25, 000 annual university graduates, both
the workforce and the gva continue to grow alongside commercial and
residential spaces. This is reflected in the Birmingham Development Plan 2031,
which outlines a strategy for sustainable growth and regeneration over the
next decade.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)