This one bedroom apartment for sale on Upper Gough Street in Birmingham is a seven-storey residential development set to introduce 106 apartments and 5 duplex apartments strategically located near commercial hubs in the city centre, due to its unrivalled location this property in is expected to enjoy a very strong rental demand with potential for strong capital growth.
This property is priced from just £240,000 and is estimated to generate an average rental return of 5.5% per year.
Birmingham is the UK’s Second City - largest regional economy outside the capital with 2nd largest business, professional and financial sector.
This property is a new B1 post code regeneration scheme well located for the City centre where history meets progress featuring residents facilities designed for the ideal city living, this property will offer residents a rooftop garden and terrace combined of two courtyards, a co-working space and a residents lounge.
Birmingham has been named the most entrepreneurial UK city outside of London with more start-ups than any other regional city.
This property is situated at the original trading hub of the city centre on Upper Gough Street, sitting adjacent to the Mailbox complex which was once the site of the Midland Railway’s Birmingham Central Goods Yard.
London-based occupiers relocating HSBC, Deutsche Bank and Goldman Sachs.
Londoners preferred destination 7500+ people relocated to Birmingham from the capital in 2017.
The reason this property will be the number one address in the city is its location on Upper Gough street siting in the middle of the ‘B1’ post code inner circle of Birmingham’s mailbox, the cube, centenary square, and grand central stations locations.
Birmingham’s population is forecast to rise by 6.6% to 2040, adding an extra 76,000 residents.
Whether looking for a great rental income property or a new home, this property is set to cater for both the investor market and the new home buyers making this property set to see amazing response from both buyer markets.