Fantastic Value New Build Flats in Digbeth, Birmingham

Rishi Chouhan
Real Estate Broker
Phone:
European Headquarters One Mayfair Place
Fax:
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Location

Alcester St
Birmingham West Midlands B12 0PJ
United Kingdom

Property

Ownership: For Sale
Type: High-Rise
Pets: Pets Unknown

Financials

Price: £183,096
($242,459.39)

Description

Completion Q1 2021
1 bed from £183,096
2 bed from £221,823

• Concierge service
• Parcel and food delivery facility
• Online tenant portal
• Community events
• Car parking and cycle storage
• Central communal courtyard
• 24/7 security
• Professional building management
• Smart technology
• Furniture packs available

Digbeth’s appearance is set to drastically change over the next few years and Westminster Works is ideally located to benefit from this regeneration. Based on what has happened to other major UK cities that have seen huge regeneration programmes, this is likely to help fuel the predicted capital growth.

In addition to the regeneration in the immediate area, Westminster Works is also positioned within walking distance of the 500m Smithfield Development , the £900m HS2 regeneration area (site of the 2026 ultra - fast rail network, connecting London to Birmingham in just 49 minutes) and the £700m Paradise Development.

Knight Frank’s Birmingham report states that by 2020, they predict high quality city centre residential schemes will reach £500 psf. With some niche schemes already hitting £425 to £450 psf, Birmingham looks well on track to hit this. With apartments in Westminster Works starting at just £323, if the price per square foot predicted by Knight Frank is accurate then the potential capital growth that could be achieved by the time Westminster Works completes is up to a massive 54.61% Even if the actual price per square foot is less than the predicted £500 by 2020 due to economic or external factors, we believe that the price of Westminster Works is reasonable enough to still have great capital growth potential.

Amenities

  • Concierge Service
  • Investment Property

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.