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Southside Residences

Birmingham, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q4 2023

Two Bedroom Apartment

£349,995.00

  • Invest From Only £218,995
  • Estimated Yields Up To 6.92%
  • Prime B5 Postcode Area
  • Monthly & Mortgage Payment Plans Available
Purchase Process

Investment Highlights

  • Invest from only £218,995
  • Estimated yields up to 6.92%
  • Estimated gross rental return of £24,000 per annum
  • Just a 10 minute walk from New Street Station
  • Bespoke kitchen with built in appliances
  • High specification one, two and three bed apartments
  • Close proximity to the iconic Bullring Shopping Centre
  • Monthly & mortgage payment plans available
  • Located in one of Birmingham's most sought after postcodes

Investment Breakdown

  • Leasehold: 250 years
  • Ground Rent: 0.1% of the value per annum
  • Estimated service charge: £1000
  • Phased Practical Completion Q4 2023 – Q2 2024
  • NHBC or equivalent building warranty

Market Key Facts

  • Projected sales price growth in Birmingham over the next 5 years: 16.5% (Source - JLL)
  • Projected rental growth forecast over the next 5 years: 15.9% (source – JLL) 
  • Average net yield in Birmingham: 4.25%
  • Average sales price in Birmingham (2 bedroom flat): £250,000 - 8.7% increase from 2019

Southside Residences - Overview

Pure Investor are delighted to present Southside Residences, a striking modern development, ideally situated in the popular Chinese district of Birmingham.

Southside Residencies is a boutique development of 116 contemporary apartments in bustling Southside, a district of central Birmingham filled with rich multi-cultural heritage.

This renowned cultural quarter is home to some of the most talked about names in the arts and theatre world (Birmingham Royal Ballet, The Hippodrome), along with a wide array of bars and restaurants, artisan retailers and independent businesses

Purchase Process

  • 5% Reservation Deposit (of the purchase price) 
  • £900 Legal’s conveyancing (excluding searches and disbursements) 
  • 25% deposit paid over 30 x monthly instalments
  • Investors receive development updates every quarter. 
  • 70% LTV upon completion arranged by Prosperity.

Southside Residences - Key Points

Location

Location

Birmingham, United Kingdom

Price

Price

£349,995.00

Completion

Completion

Q4 2023

Rental Yield

Rental Yield

Up To 6.92%

Development Availability

PropertySizeBedroomsPriceEnquire
Two Bedroom Apartment754 square foot-£349,995.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Southside Residences - Location

Stretching from the steps of New Street Station, along Bristol Street and around the impressive new Smithfield development, Southside is currently undergoing something of a renaissance.

The relocation to Birmingham of firms such as Deutsche Bank, HSBC, Goldman Sachs has increased the number of affluent professionals making their home here. The diversity of the areas economy is supported by its reputation as a hub for creative industries and it is among the UK’s fastest growing centres for digital media ventures.

Nearby Amenities

  • The Hippodrome - 4 minute walk
  • The Arcadian - 5 minute walk
  • O2 Academy - 9 minute walk
  • Selfridges - 11 minute walk
  • New Street Station - 12 minute walk

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Birmingham

Birmingham is not only the UK’s largest city outside London, but also one of the country’s biggest financial centres. The relocation of firms such as Deutsche Bank and HSBC will increase the number of affluent professionals making their home here. The diversity of the city’s economy is supported by its reputation as a hub for creative industries and it is among the UK’s fastest growing centres for digital media ventures.

There is a wealth of opportunities for companies seeking to expand or invest in Birmingham. The city has exceptional connections to local, national and international destinations. It lies at the heart of the UK’s road network and boasts an international airport serving 9 million passengers per year to 140 direct and scheduled charter routes. The proposed HS2 rail link will potentially cut travel time between Birmingham and London to under 50 minutes.

  • £600 million makeover of New Street Station was unveiled in September 2015
  • HS2 rail network will bring the capital even closer at 49 minutes - welcome an estimated £1.5bn and 22,000 jobs to the region
  • Birmingham International Airport sits just 5 miles south-east of the city centre
  • 5 universities with over 73,000 UK and overseas students

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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