This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Set In The Heart Of The Jewellery Quarter
- Show home ready
- 437 1621 sqft
- High specification throughout
- Endless views
- Parking Available on Selected Apartments
- 2 Bed Expected Rental £1075 £1550 PCM
- 3 Bed Expected Rental £2000 PCM
- Lease Length 150 Years
- Service Charge Approx. £1.40 PSQFT
WELCOME TO TREASURE HOUSE!
John Shepherd new homes are proud to present to the market Treasure House, a contemporary 5-storey building consisting of 30 high-quality luxury apartments.
Situated in the heart of Birmingham's historic Jewellery Quarter, Treasure House offers the full benefits of city living, with a taste of luxury. This brand new development is the perfect ready for investment for landlords looking to capitalise on the buyoant market that is Birmingham City Centre.
PROPERTY INFORMATION
DEVELOPER: CDP
CONTRACTOR: HARRABIN CONSTRUCTION
PRODUCT MIX: One, two and three bedroom apartments, including extraordinary top floor duplexes
SQFT: 437 sq ft to 1,621 sq ft
OUTSIDE SPACE: Private terraces & balconies available to selected apartments
PARKING: Parking can be available for £25,000 on selected apartments
BUILD COMPLETION: Q4 2020
LEASE LENGTH: 150 years
SERVICE CHARGE: Approx. £1.40 per sq ft
GROUND RENT- 0.1% pa (Capped to a max of £250 pa)
RENTAL EXPECTATION: ONE BED/ £800-£1100PCM
TWO BED/ £1075PCM - £1550PCM
THREE BED DUPLEXS/ £2000PCM
PAYMENT/ RESERVATION FOR INVESTORS -
5% Reservation Deposit to reserve / 15% Deposit in 21 days (Exchange 28 days) / Balance Due on Completion
PAYMENT RESERVATION FOR RESIDENTIAL - 10% deposit on exchange if client can show a DIP from Mortgage lender for 90% mortgage
SPECIFICATION
Exteriors are styled to be respectful to the tradition of the area, whilst interiors enjoy a high standard, contemporary fit out to the latest specification which ensures the joys don't end when the curtains close. You will feel right at home in this comfortable and luxurious space with the complete wow factor it offers.
LOCATION
Described as a ‘national treasure’, the area is unlike any other historic townscape in the world, attracting a young, vibrant community of cultures and an abundance of craft bars, bustling cafés and stylish restaurants. With over 200 listed buildings nearby, you can still peer into the rich heritage of this iconic district of Birmingham, made famous by its array of artisan jewellers, goldsmiths and glassmakers, whose products were the envy of the world. It’s of little surprise that over 6,000 residents already call the Jewellery Quarter their home.
WHERE CAN YOU GET TO FROM TREASURE HOUSE?
WALK
Jewellery Quarter Train Station in 7 mins
Colmore Business District in 10 mins
St Paul's Square bars & restaurants in 8 mins
The Jam House live music venue in 8 mins
Tesco Superstore in 7 mins
DRIVE
Symphony Hall in 8 mins
New Street station in 10 mins
Bullring shopping centre in 10 mins
Mailbox in 7 mins
Barclaycard Arena in 2 mins
Library of Birmingham in 4 mins
TRAIN
Stratford-upon-Avon in 56 mins
Manchester in 90 mins
London in 83 mins
Heathrow in 151 mins
Why should you choose Birmingham?
Being the UK’s second city, Birmingham attracts more than 30 million visitors yearly and has links globally. Besides London, Birmingham is home to the largest financial hub in the UK which sees more than 100,000 people being employed. The city also offers fantastic access routes to all major cities across the UK and when HS2 arrives in the city in five years’ time commuters will be able to get from Birmingham to London in just 49 minutes, completely changing commuting between the two cities.
The city has grown exponentially over the past 15 years and this is only set to continue over the next few years both physically and economically. With new developments going up at a constant rate and the introduction of HS2 in 2026 the city has some brilliant prospects and with that working opportunities for those who live both in and out of Birmingham. In terms of growth Birmingham’s financial district has taken a drastic change with companies such as HSBC, PWC, KPMG and Deutsche Bank relocating either their regional or head offices to the city. In doing this an influx of people have or will be moving to the city, creating brilliant opportunities for the property investment market in the city.
Lease details have been provided by the seller and their accuracy cannot be guaranteed as we have been unable to verify them by means of current documentation. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
*T&C'S APPLY*
Purchase Price: £190,000
Monthly repayment of £543 PCM
10% personal savings: £19,000
Over a 35 year term
Quote on the 23-03-2020
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*DISCLAIMER
Property reference JSN210106. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by John Shepherd - Land & New Homes.
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