sold out
Priest House, Birmingham
Starting From:- £84,950
Number of units:- 21
Completion:- Q1 2019
Location:-
Priest House, Priest Street, Cradley Heath, Birmingham, B64 6JN
United Kingdom
Key Highlights
7% NET Rental Return Guaranteed for 1 Year
Mix Of 1 & 2 Bed Apartments
Superior wood engineered flooring throughout hallway, kitchen, living area and bedrooms
Porcelain tiling throughout bathrooms and en-suites
Information on Priest House, Birmingham
Priest House
In the developing suburb of Cradley Heath
Cradley Heath
The up-and-coming town of Cradley Heath is just 8 miles from the city. It has become a popular location to commute into Birmingham, making this a wise choice for property investors.
The area offers a mixture of great schools, beautiful open spaces and relaxed sub-urban atmospheres. This location also benefits from good transport links, low levels of crime and many leisure facilities.
TRANSPORT
Priest House is situated in Cradley Heath just off the A459 Halesowen Road between. Dudley and Halesowen Town Centre.
Cradley Heath's railway and bus station are situated together. The railway is on the Birmingham to Worcester line, with regular services between the two.
CraMotorway links are excellent with the M5 approximately 3 miles away allowing for convenient access to the M6, M40 and M42 motorway network.
Whilst the prospect of owning a city pad might be appealing, when you compare the ROI to investing in commuter towns, there's no question as to where you'll get more for your money.
Feel Culture
In the heart of Birmingham
Birmingham is one of the youngest cities in Europe
The fundamentals for Birmingham remain strong with Birmingham continuing to reposition itself nationally as a major regional centre with a dramatically enhanced profile. The increased connectivity promised through the delivery of Midlands Metro and HS2 is driving demand, bringing more people to Birmingham to live, work and play.
Ahead of HS2, there has been significant investment in the regeneration of Birmingham city centre. This has also triggered commercial investment from companies choosing to relocate to the Midlands, such as Deutsche Bank and HSBC, which has helped to drive residential demand, subsequently boosting house price growth.
Birmingham is one of the youngest cities in Europe, with under 25 year olds accounting for 40% of the population. Home to five universities, the city is also seeing a high retention of graduates with a knock-on effect on demand for new high-quality housing.
We are also seeing an extension of the traditional city core, with residential development opportunities spilling out into the suburbs.
Commuter suburbs and towns are changing. Some have become so fashionable that they're almost as pricey as the city. And subsequently, prices are undergoing a dramatic correction.
Young professionals are moving out of the city into towns within easy commuting distance in order to find a home to buy or rent at a price that doesn't break the bank. And this is exactly where the savvy investors should be looking.
Towns around Birmingham are most likely to see the biggest rise in house prices... BIRMINGHAM LIVE
The Apartments
The apartments have been thoughtfully designed to make wonderful homes, with their fully residential design offering rental market versatility. With local demand consisting of young professionals, students and tourists, the income potential of these apartments is very attractive.
The Apartments
The apartments at Priest House cater to the higher end of the private rental and residential market. Both one bedroom and two bedroom apartments provide ample room with spacious living rooms, well-appointed kitchens and comfortable bedrooms.
The design scheme consists of white, grey and light tones creating an airy atmosphere. In addition, wood and tile flooring and highgrade materials throughout project a truly premium look and feel to the apartments.
1 BEDROOM
The one bedroom apartments are large and would be ideal for single professionals or young couples.
9 units available | Price from £84,950
2 BEDROOM
The two bedroom apartments all have double bedrooms, enabling tenants sharing to split the rent.
12 units available | Price from £94,950
SPECIFICATIONS
Kitchens
- Premium white high gloss lacquer finish units with soft closing doors
- Square-edged work surfaces with porcelain tile splash backs
- A+ high quality integrated appliances for maximum efficiency and performance
- Stainless steel sink unit with mixer tap
- Integrated LED track lighting under wall units
- Stainless steel extractor fan
Bathrooms & En-Suites
- Contemporary design-led white sanitary ware
- Chrome fittings
- Fixed shower head and hand held shower attachment
- Porcelain tiles throughout
- Heated towel rail
- Ventilation fan
Electrical/Security
- Latest LED technology downlighting
- Dali lighting control in living area
- Smart connection points in living area including speakers with Bluetooth connection and additional connection in the kitchen and bedrooms
- Vimar light switches and sockets throughout
- Secure residents entrances
- Automated door entry system with video link
Wall & Ceiling Finishes
- Three coats of high quality white matt emulsion to walls and ceiling throughout
Floor Finishes
- Superior wood engineered flooring throughout hallway, kitchen, living area and bedrooms
- Porcelain tiling throughout bathrooms and en-suites
Joinery
- Decco PVC triple-glazed windows
- Solid wood frame internal doors
First Floor
Flat 1 | 1 bedroom | 342.4 sq.ft / 31.8m2 | £84,950 |
Flat 2 | 1 bedroom | 367.9 sq.ft / 34.1m2 | £91,950 |
Flat 3 | 2 bedroom | 460.8 sq.ft / 42.8m2 | £114,950 |
Flat 4 | 2 bedroom | 543.4 sq.ft / 50.5m2 | £124,950 |
Flat 5 | 1 bedroom | 377.5 sq.ft / 35.1m2 | £93,950 |
Flat 6 | 2 bedroom | 511.8 sq.ft / 47.5m2 | £124,950 |
Flat 7 | 2 bedroom | 365 sq.ft / 33.9m2 | £94,950 |
Second Floor
Flat 8 | 1 bedroom | 342.4 sq.ft / 31.8m2 | £84,950 |
Flat 9 | 1 bedroom | 367.9 sq.ft / 34.1m2 | £91,950 |
Flat 10 | 2 bedroom | 460.8 sq.ft / 42.8m2 | £114,950 |
Flat 11 | 2 bedroom | 543.4 sq.ft / 50.5m2 | £124,950 |
Flat 12 | 1 bedroom | 377.5 sq.ft / 35.1m2 | £93,950 |
Flat 13 | 2 bedroom | 511.8 sq.ft / 47.5m2 | £124,950 |
Flat 14 | 2 bedroom | 365 sq.ft / 33.9m2 | £94,950 |
Third Floor
Flat 15 | 1 bedroom | 342.4 sq.ft / 31.8m2 | £84,950 |
Flat 16 | 1 bedroom | 367.9 sq.ft / 34.1m2 | £91,950 |
Flat 17 | 2 bedroom | 460.8 sq.ft / 42.8m2 | £114,950 |
Flat 18 | 2 bedroom | 543.4 sq.ft / 50.5m2 | £124,950 |
Flat 19 | 1 bedroom | 377.5 sq.ft / 35.1m2 | £93,950 |
Flat 20 | 2 bedroom | 511.8 sq.ft / 47.5m2 | £124,950 |
Flat 21 | 2 bedroom | 365 sq.ft / 33.9m2 | £94,950 |
The Developer
Delivering exceptional, end to end residential property solutions
ROY LEDGISTER
Roy Ledgister is a qualified barrister with a wealth of commercial and legal experience structuring, advising and being involved in a number of commercial activities over the years, with a proven track record in the property and construction industries.
At present he is an Owner Director of Convivia Group and Chairman of Caridon Group, having developed in excess of £150million worth of conversions in the UK, consisting of studio, 1 & 2 bed apartments.
CONVIVIA GROUP LIMITED
Convivia Group offer superior construction materials and services to the industry at unbeatable prices and lead times, via exclusive supplier relationships emanating from the Balkans. In addition to this, they supply high quality windows and curtain walls, offering an end to end installation service throughout the UK.
CARIDON GROUP LIMITED
The Caridon Group provide exceptional, end to end residential property solutions throughout the UK. An independent property specialist with the expertise and capability to deliver a diverse portfolio of services through subsidiary companies: Caridon Holdings, Caridon Developments, Caridon property and Caridon Landlord solutions. To date, 631 apartments have been delivered with an additional 603 apartments schedule for completion across the next 12 months.
Project Due Diligence
House of Commons Library Tackling the under supply of housing in England
Read More Please Click Here!
Department for Communities and Local Government Fixing our broken housing market
Read More Please Click Here!
The Government Northern Powerhouse Initiative
Reservation Process
7% NET Rental Return, Guaranteed for 1 Year
We have a clear and transparent purchase process, our investment consultants are available to assist you through each step
A FULLY MANAGED HANDS-OFF INVESTMENT
With high-end accommodation and attractive prices the apartments at Priest House represent an excellent investment.
Our team of specialist advisors will assist you through the investment process from initial enquiry through to the completion and tenanting of the property.
We are more than happy to show potential buyers and interested investors around the site, introduce them to the projects developer and answer any queries that may arise during the process.
We are anticipating incredibly high demand for this project so we advise you to get in touch with us as soon as possible to avoid disappointment.
PURCHASE PROCESS
- Choose an apartment to buy
- Pay a £5,000 reservation fee
- Instruct solicitors
- Transfer 35% of the funds on exchange (within 28 days)
- Transfer 15% stage payment plus Furniture Pack 3-months from construction start. This payment is due on 1st December.
- Transfer balance, minus the reservation fee on completion.
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Why Hamilton International Estates
We strive to deliver a personal service for all of our clients
Why us
Our standard is also a measure of the perfection that we strive to achieve in everything we do. Our professional property consultants have cumulatively acquired over 25 years of experience in providing the perfect property development opportunities for all our clients..
What we offer
Hamilton International Estates specialises in property development opportunities. We have a wide range of property developments, ranging from; residential and commercial property. The Hamilton International Estates Standard is the benchmark of our excellence by which we judge ourselves.
Our Role
We build genuine partnerships with our customers and use our intellect to help our clients reach their goals. Our role is to connect buyers and sellers across the world and we offer our clients a number of different assets that they can purchase, retain and profit from.
Our Clients
Our client base is formed of people across the globe who wish to diversify their portfolios as well as purchase and profit from a variety of different assets. Our experience aids us to tailor our services to meet the needs of all our clients.
Disclaimer - Hamilton International Estates is acting as an agent in marketing products and services for many other companies. Hamilton International Estates is not authorised to give investment/tax advice and you should seek independent financial and legal advice prior to making any investment decision. All forecasts are based on historical performance and are purely indicative. The value of your property may rise or fall. No guarantees as to future performance in respect of income or capital growth are given either expressly or by implication and nothing expressed or implied should be taken as a forecast of future performance. This is not an offer to participate in a collective investment scheme as defined in the Financial Services and Markets Act 2000 (section 235) and as such buyers have no access to statutory or regulatory protections including the Financial Ombudsman Service and the Financial Services Compensation Scheme. Hamilton International Estates is not regulated by the FCA and is not authorised to offer advice to the general public concerning any regulated or unregulated investment. Although every care has been taken to make sure that the information in this brochure / website is accurate, Hamilton International Estates cannot accept any responsibility for mistakes or omissions. You should take your own professional advice before taking or refraining from any action based on the contents of this brochure / website which are only intended as a general outline to the matters referred to in it. All content, product description and illustrations in this factsheet, brochures and website are purely marketing material provided by the companies that we work as agents for. Hamilton International Estates registered address Chiltern House Business Center, 64 High Street, Burnham, Bucks, SL1 7JT, United Kingdom, Company Registration Number 10767032 is a sales and marketing agent.