Eazy property proudly presents this new residential development called Fountains Loft in Digbeth, Birmingham, UK, which is offering 39 modern apartments. The apartments have contemporary-style living and kitchen spaces with ample natural light, and high-quality finishes such as noise-reduction flooring and soft-close kitchen and bathroom appliances. The development has been designed for modern and efficient living, with high-specification interiors and a 10-year build-zone warranty.
Fountains Loft is part of a neighbourhood that is witnessing a huge surge in local regeneration and urban improvements for those that missed out on the Birmingham city centre regeneration this is your second chance. The population is growing and employment rates are rising quickly. The development is a new build with fantastic characteristics, upon completion it will offer some of the most marketable accommodation in the city. These new apartments are aimed squarely at a thriving new generation of young, skilled and ambitious workers.
The new high-speed railway HS2, due for completion in 2026, is expected to reduce journey times from Birmingham to London to just 49 minutes with the main station Curzon Street only being 1.1 miles away from Fountain Lofts.
Business in Birmingham:
HMRC moving into new premises in Birmingham, bringing with it 3,500 jobs. In a similar vein, HSBC moved its retail banking headquarters to Birmingham in 2018, relocating 1,000 jobs; and Deutsche Bank did the same in 2014, moving 500 jobs from London. Other large employers in the area include BT, Deloitte, Lloyds Bank, Jaguar, KPMG, PWC, RBS, Rolls Royce, Sainsbury's and Whitbread PLC.
Fountain Lofts will have strong appeal for young professionals working at these companies due to rental prices being much more affordable than in central Birmingham. West Bromwich is only 27 minutes by metro to Birmingham and the City Centre is a 22-minute walk away.
Development Details:
- Price from £239,600 for 1 bed, These prices are significantly less than in central Birmingham, they have a forecasted capital growth rate of 15.7%.
- 999-year lease
- NET yields up to 6.98% on a short let and 4.07% on a long let
- Prime Birmingham Commuter Location - 22 minutes into the city
- Completion date Q2 2023
Payment plan:
- £5,000 reservation fee
- 20% on exchange (less the reservation fee)
- Balance on completion in Quarter 2 2023
Call us at 020 8550 8788 or Email us at sales@eazyproperty.co to book for viewing ASAP