Working hours: Sun-Thu 9AM-6:30PM, Sat 10AM–3:30PM

The UK's "Second City": Off-plan Buy-to-Let flats in the center of Birimingham

1 1 419.00
AED 953,000

Type:Apartment
Built Up Area:419.00
REF:MD-S-3630

Downpayment is 38%: Only 20% (AED 190,600) due upon reservation and the remaining 18% (AED 171,540) due in March 2021. 

After London, Birmingham has the largest economy in the UK at GBP25.3 billion. When a move of personnel is afoot for UK firms, Birmingham tends to be regarded as a natural choice - helping to make it the number one city for relocation from the capital. HSBC, Deutsche Bank, Barclays and HM Revenue and Customs are collectively relocating and increasing staff numbers to around 8,000 personnel by 2020.

A huge amount of interest and demand for investing in this city is apparent, as property prices are set to rise 20.5% between 2018 - 2022. A striking modern development, Kent Street Residence integrates city-living with an urban community feel. The development uses the historic context of the Kent Street Baths and features a green rooftop terrace, offering a place to relax in the middle of the city.

We work with UK-based mortgage brokers and management & letting companies and ensure that our clients have an end-to-end service, making the whole process much simpler.

  • 1 and 2-bed apartments
  • Walking distance from the Bullring and New Street Station
  • Estimated completion Q1 2021.

 

Mortgage:

  • Up to 65% LTV* available
  • Average Interest Rate is 3.7%

 

Key Facts:

  • Projected average gross yields of 5.0%
  • 10-Year Returns without mortgage – 70.0%
10-Year Returns with mortgage – 109.4%
Built In Wardrobes
Carpets
Central Air Conditioning
Central Heating
Community View
Fully Fitted Kitchen
Fully Furnished
On Mid Floor
Upgraded Interior
24 Hours Maintenance
Bank/ATM Facility
Basketball Court
Beach Access
Bus Services
Business Center
Children's Nursery
Children's Play Area
Clubhouse
Communal Gardens
Concierge Service
Cycling Tracks
Fitness Center
Golf Club And Clubhouse
Marina Berth
Metro Station
Mosque
Polo Club And Clubhouse
Public Park
Public Parking
Public Transport
Recreational Facilities
Restaurants
School
Shopping Mall
Shops
Sports Academies
Squash Courts
Tennis Courts
Valet Service
Walking Trails
Kika Pavese

+971 558239744

kika@mduae.net

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