Flat for sale in Alcester Street, Birmingham B2

£1,993,395 (£360/sq. ft)
Flat for sale - 14 bedrooms 14 14 5,533 sq. ft*
Interested in this property? Call +44 20 8033 5785 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description



Up and Coming Digbeth
Completion Q1 2021
exclusive and sole Portfolio of 4 x 1 beds and 5 x 2 bed only £1,993,395
Approx just under 7% yield!

• 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, This Development 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.

It is predicted that by 2020, 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 this development starting at just £323, the potential capital growth that could be achieved by the time this development 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 this development is reasonable enough to still have great capital growth potential.

Property info

  • Unfurnished

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Nest Seekers International, EC2R on +44 20 8033 5785 * (local rate)

Contact Nest Seekers International about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nest Seekers International, and do not constitute property particulars. Please contact Nest Seekers International for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all New Street Station Forecourt new homes for sale