2 bedroom apartment for sale
Coventry Road, Sheldon, Birmingham B26>
- Tenure: Leasehold
The Development - The Interchange, Birmingham
This is a fantastic buy to let opportunity within a newly refurbished development of 35 apartments with price points perfectly suited to First-time buyers and Buy-To-Let investors. Set over 7 floors with large front and rear carparks to accommodate all residents, The Interchange is in the heart of ‘The Hub’ situated 10 minutes south of Birmingham City Centre. The Building is surrounded by a vibrant range of services and amenities including supermarkets, F&B and entertainment. With the development of the HS2 international rail network nearby, it will provide Birmingham with a catalyst for unparalleled growth and regeneration as well as placing it at the gateway of both the UK and European high-speed rail network.
Due to the location being central to a range of transport links, such as a connecting station close by, it will mean London will be a mere 39 mins away, Birmingham City Airport is 5 mins away and the M6 is also only a 5-minute drive, this is one of the best-located developments on the market for connectivity in and out of Birmingham City.
When HS2 begins running in 2026, Birmingham will effectively become a London commuter town overnight as journey times are cut in half. The idea of affordable living in Birmingham with a commute to London Euston that takes less than 50 minutes from Curzon Street and 40 minutes from The Interchange will likely be highly attractive for many professionals and families, further increasing the demand for residential property. As the HS2 stretches on to the North-West, Birmingham could quickly become the central transport hub of the UK.
Why Invest In Birmingham?
- The UK's second largest city
- Population of 1.1 million
- Attracting over 30 million people a year, the N.E.C hosts 850 events per year
- The economic capital is over £623 billion
- Quickly becoming the UK's tech hub
- 5th year in a row, Birmingham has been named the top regional city for start-ups outside of London - 12,108 businesses set up
Last year, Birmingham was ranked as one of the best cities in the UK in terms of property price growth, comfortably outranking London. Since 2009, Birmingham has experienced a 45% rise in average residential property values. Birmingham residential property is forecasting excellent price growth for 2020, cumulatively adding up to a 14% increase! Birmingham requires 90,000 new homes over the next decade to meet this residential demand.
For investors, it’s a great time to get into the Birmingham market! The Big City Plan is one of the driving forces behind this incredible growth. A major development plan set out over 20 years, The Big City Plan includes developments across key areas in the city and is set to increase the size of the city core by 25%, improving transport connectivity and providing 50,000 new jobs. It’s this vision being realised that makes Birmingham such an attractive prospect for investors. With Birmingham already boasting the largest business, professional and financial services hub outside of London in the UK, there’s plenty for the second city to shout about! Birmingham is being forecasted population growth of 12% by 2032.
Professional opportunities have never been higher with five universities and a student population of 65,000, Birmingham has a wide pool of graduates to choose from when it comes to degree-based industries.
Empire Lettings & Property Management - Birmingham
The Mansion 27 Fredrick Street Birmingham, United Kingdom B1 3HH
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