Investors Snapping Up Birmingham City Centre Properties With Unique Payment Plan - 60% Sold In Just One Month


Budding investors are snapping up Thirlmere Deacon’s latest investment opportunity in Birmingham. Offering an interest free payment plan over the first 24 months on the 30% deposit, as well as a 6% yield on completion, One BHM, by Prosperity Developments provides a combination of 165 one, two and three bedroom chic city centre apartments with prices ranging from £164,995 - £293,000. All apartments provide stylish interiors, functional facilities and open plan living and are situated in one of the UK’s most desirable cities for investment and long term growth potential.

Stuart Williams, Director at Thirlmere Deacon comments:

“This has been one of the fastest selling developments we’ve been involved with - over 60% of the apartments were sold in just over a month due to the excellent price point, location, and of course the innovative payment plan.”

“The unique payment plan works in a very straight forward way - the reservation fee is fixed at 5%, with a flexible payment plan for buyers, who can stagger their 30% deposit over two years, interest free – either monthly or quarterly. This provides the buyers with more control over their funds and illustrates that the developer is financially strong to offer such an opportunity. Something very few developers offer in the UK.”

The development is due to complete in Q4 2020, with monthly rents starting at £650 for a one beds, and £850 for two beds, is a modern, sophisticated development, ideally located in the heart of the city, just a 10-15 minutes walk from the centre. The bustily city has transformed into a lively hub of business, cultural enrichment and diversity. The One BHM development itself, is a short commute to Birmingham New Street Station connecting users to London in just over an hour.

Apart from being only just over an hour away from London, the popular Manchester, Leicester and Nottingham regions are also all under an hour from the centre. In addition, the HS2, a £56 billion high-speed rail link, is currently in the throes of planning to connect London to Birmingham in under 50 minutes. The other major transport ink is Birmingham International Airport, just 20 minutes from the city centre, connecting Birmingham with the rest of the globe.

In addition to the student fraternity and charming lifestyle, Birmingham is home to several key business and entertainment zones, including the brand new HSBC headquarters, Barclaycard Arena, Brindley place and the Jewellery Quarter.

The future for Birmingham is extremely exciting, with a new master plan underway, called Paradise, a vibrant mixed-used development set to create thousands of jobs in the commercial, retail, leisure and hotel arena - expected to attract shoppers and tourists, delivering a mass increase in revenue for the local economy. Paradise has been recognised as one of the most monumental city centre developments in the UK outside of London.

In addition, The Commonwealth Games is set to be held in Birmingham in 2022, forcing the city to upgrade its infrastructure and building facilities. All these projects solidify the incredible growth prediction prospects in Birmingham.

For further information please contact Thirlmere Deacon on: +44 [0] 203 950 7939

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