This one bed apartment for sale on Kent Street in Birmingham is a new build residential project that will replace an existing building located in Birmingham's Cultural Quarter on New Kent Street with one, two and three bed apartments, this property will offer a collection of 146 apartments spread over a twelve story high building.
This property priced from only £229,995 is estimated to generate an average 8.75% per year rental return.
Birmingham’s cultural quarter where this property is located is home to some of the most talked about names in the arts and theatre world along with a wide array of bars and restaurants, artisan retailers and independent businesses.
This property was conceived as the centre of a new community, this property will offer a range of contemporary designed living spaces surrounded by inviting public areas, bars and restaurants.
A foyer, reception and a shared lounge will welcome residents into this property, while a rear garden will be available with 148 cycle spaces and two external roof terraces at Level 9 for residents to relax also.
The local area is currently undergoing a £9.5m green pedestrian and cycle route improvement scheme as part of the Enterprise Zone Investment Plan, which will regenerate Southside and see it become the centre's most thriving residential neighbourhood.
Birmingham is the most populous city in the UK after London and its continuing development is nothing short of predominant when considering the progressive impact it has on the economy.
The rooms at this property have been thoughtfully designed to accommodate many different aspects of everyday life, from relaxing to entertaining, with its central location this property will attract massive tenant interest benefiting those property investors looking for rental income profits.
With a growing population and an estimated undersupply of 26,000 homes the rental market is booming for property investors/landlords, residents staying here can expect luxury features like hard wood veneer floors, custom built kitchens and integrated appliances along with great onsite facilities and local attractions minutes away.