We believe in this project so much – that we’ve invested our own capital into making it a success!
Birmingham
The Colmore – The developer has recently won three 1st place UK property awards for their latest Birmingham project which sold out in 4 months and which has been shortlisted for development of the year for the whole of Europe.
This project is 16 units only
We see a huge buy-to-let investor opportunity with this rare chance to acquire a 1 or 2 bed apartment in a grade II listed building in the UKs 2nd largest city. Not just that, it is also located in the “jewel in the crown” of Birmingham; St Pauls Square in the Jewellery Quarter. Property here is in huge demand.
Why ‘The Colmore’
- Unique – 16 units only (5 already sold pre-launch) Grade II listed building
- St Pauls Square location (the most desirable area in Birmingham to live)
- Corporate/Short Lets– 18% Gross yield / 13% Net (*£54,000 Gross annual income return based on £300k apartment)
- Long Term Lets – 5% Gross yields / 4.2% Net (*£14,000 Gross annual income return based on £283k apartment)
- Award winning developer
- South Africans can use an interest only UK mortgage
- 12 minute walk into the city (home of Goldman Sachs / HSBC / BBC/ Deutsche Bank / PWC / KPMG)
- 20 minute drive to the airport
- prices from £270k
Why Birmingham?
- £10 billion has been allocated to Birmingham for regeneration (it has already seen over 50% house price growth in the past decade)
- HS2 Train Line completes in 2029 taking travel time to London to 45 minutes (once this opens Birmingham will become a mecca for commuters)
- In 4 years house price growth is estimated to grow 20%
- £46,000 Value increase expected over 4 years based on capital value forecasts (approx R1m)
- We have personally invested in the project ourselves.
