Overview
SETL development in the Jewellery Quarters, Birmingham – Unit 514 on the 5rd 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
Amenities
Risk management & compliance, when approached strategically, have the potential
- One bedroom
- 6% Yield
- Central location in Birmingham
- Rooftop garden
- Co working Lounge
- Jewellery Quarters