Overview

SETL development in the Jewellery Quarters, Birmingham – Unit 514 on the 5^rd Floor

This exceptional unit not only offers a prime location but also a solid investment opportunity with a promising 6% yield. The service charge is competitively priced at £2.33 per sq ft, ensuring a healthy net yield of 5.5%.

Key Features:

• Central location in Birmingham
• Thoughtfully designed 1-bedroom unit
• Amenities include rooftop garden, co-working Lounge, and an on-site Wellness Studio 
• Attractive 6% yield
• Competitive service charge for optimal net yield
• Development completion - Q3, 2024

Unit Details:

• Type: 1 Bedroom
• Size: 46.42 m2 / 500 Ft2
• Price: £255,000
• 6% Yield: £15,300
• Service Charge: £1,164 per annum (£2.33 per sq ft)
• Net Yield: 5.5%
• Net Yield Value: £14,136
• Reservation Fee: £2,500
• Deposit (20%, minus reservation fee): £48,500
• Completion Balance: £204,000

Price range:

1 bedroom Apartments £255,000

Payment Plan:

£2,500 reservation fee (takes the unit off the market)

20% DEPOSIT minus reservation fee

80% completion Q3 2024