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| 60 min

Launch of Transport Works in Birmingham

November 3, 2022 @ 13:00 - 14:00 UTC+4

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DESCRIPTION

Development Name: Transport Works

Development Location: 9 St Michaels Close, Victoria St, West Bromwich, B70 8ET

With starting prices in super prime Birmingham from £238,200, the challenge for investors now is to find pockets of Birmingham that are still undervalued and primed for long term rental and capital growth.

Recent figures released by Rightmove confirmed West Bromwich as one of the UK’s top performing markets reporting a rise in property values of 17% for the period from January 1st 2021 to December 14th 2022.

West Bromwich is a market that we have had our eye on for some time, it benefits from nearly every acknowledgeable contributory to a top performing residential property market, including excellent transport links and academic credentials. Lodge Road Metro Station is located only 0.2 miles away, offering a quick 13-minute commute into Birmingham City Centre.

Our most recent launch presents an unrivalled play into Birmingham’s buy-to-let market at 10% below local market comparables:

  • Studio price points: £118,495 – £149,050
  • 1 bed price points: £137,000 – £169,950
  • 2 bed price points: £177,250 – £224,945
Key Discussion Points
  • Superb commuter location – 13 minutes to the city centre, 5 minutes to the town centre and quick and easy motorway access
  • Low Deposits
  • Construction commenced – Q3 2023 completion
  • Low operational costs, no ground rent, low service charge
  • Lease enables investors to operate short lets for higher yields ( with Travel Lodge, Mercure, and Premier Inn all within walking distance, this demonstrates strong short let demand for the area)
SPEAKERS
Chris Allen - Property, Holborn Assets

Webinar Host: Chris Allen

Property, Holborn Assets

Richard Sutherland - Senior Consultant - Surrenden Invest

Speaker: Richard Sutherland

Senior Consultant – Surrenden Invest

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    Details

    Date:
    November 3, 2022
    Time:
    13:00 - 14:00 UTC+4
    Event Category:

    Venue

    Online
    View Venue Website

    Organiser

    Why choose Holborn Assets Property Investments?

    Purchase

    We manage the whole purchase process, including arranging a mortgage & instructing solicitors.

    Rent

    Once the purchase process is complete, we'll ensure the property is rented at the right yield.

    Maintain

    We will also look after the maintenance of the property while it is rented.

    Sell

    If you'd ever like to sell the property, Holborn are here to assist you through this process too.

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