Development Overview.
Solihull Apartments is perfectly located between Birmingham City Centre and Birmingham International along the arterial Coventry Road (A45), in Sheldon. It is a sustainable location for new high-density residential development, close to all facilities, the residential development will play an important role in ensuring the vitality of the centres in accordance with national policy.
The development overlooks the adjoining green belt strip Westley Brook and has lovely views of Sheldon Park, which is extremely rare for such a central Birmingham development.
Central Birmingham prices are now pushing £600/SQFT, Berkeley Homes latest city centre scheme launched this month is already over 50% sold out with one beds starting from £260k.
The City Centre is expanding, and the demand for surrounding areas is already in the midst of a ripple effect. Solihull Apartments is positioned in a golden triangle with immediate access to Birmingham City Centre, the affluent leafy suburbs of Solihull and Birmingham International Airport.
Key Highlights.
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11%
Estimated Yields.
£182,000
Starting Price.
Q3 2023
Estimated Completion.
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Client Testimonials.
Investment case: Why Birmingham?
- Birmingham is home to over 75,000 students with a 49% retention rate. The University of Birmingham and Aston University are consistently ranked in the top 50 UK Universities and the local economy benefits from a vast talent pool which helps to attract major employers to the city.
- Construction on HS2 has now begun - valued at £100 bn this is the largest infrastructure project in the UK and connects London and Birmingham in 49 minutes. This puts 45 million people within 1 hour of Birmingham.
- 60% of the population is aged below 35 - one of the most youthful cities in Europe and this is the largest demographic of renter.
- With the population growth rate rising faster than other UK cities and a high graduate retention rate there is a continuous increase in demand for city-centre apartments. Current shortfall of 2,300 homes to keep pace with demand.
- Most popular destination for people to move away for London.
- £1.9 Billion Smithfield Regeneration – “Once in a generation opportunity"
- £900 Million Curzon Street HS2 Station Regeneration
- Research shows regeneration schemes lead to 3.6% additional house price growth