Prosperity Wealth

Castle Court

Dudley

Overview

Not only a flourishing economic location in its own right, Dudley sits less than 8 miles from the vibrant city of Birmingham. This makes it excellently positioned to feast off the benefits of a forward thinking, dynamic city.

Energised by the youngest population in Europe, the region continues to enjoy wealth of investment and regeneration and as a result, retain its position as one of the UK’s top property investment hotspots.

Key points

  • Property type:
    Stylish 8-storey conversion
  • Location:
    Dudley
  • Units available:
    141 in total, 1 & 2 bed apartments
  • Guide price:
    £89,950- £114,995
  • Predicted yield:
    7%

Status: Build almost complete

Estimated completion: Q2 2018

Find out more info about the development

It's all about the location

The area is attracting a widening cross section of home buyers and renters, keen to capitalise on a more affordable rental proposition than inner city birmingham. This, combined with a great choice of schools and excellent direct transport links to the rest of the uk explains why the area continues to see significant investment & high rental demand.

BIRMINGHAM 01

BIRMINGHAM

With its rich industrial heritage, Dudley is not only a thriving business location in its own right, but benefits hugely from its close proximity to the cosmopolitan city of Birmingham, just a few miles away.

02

ARTS & CULTURE

Dudley is within easy reach of a host of internationally acclaimed arts venues such as the mac arts centre, International Convention Centre, Barclaycard Arena and the National Exhibition Centre.

ARTS & CULTURE
SHOPPING & LIFESTYLE 03

SHOPPING & LIFESTYLE

As well as Dudley’s own pedestrianized town centre, you are only minutes away from intu’s Merryhill and Birmingham city centre, with the Bullring, Grand Central & the Mailbox.

04

BARS & RESTAURANTS

While Dudley is world famous for its Indian balti cuisine, Birmingham is proud to hold the most Michelin stars outside of London.

BARS & RESTAURANTS
LINKS TO LONDON 05

LINKS TO LONDON

Excellent transport links make excellent accessibility. Dudley’s direct trains link London Euston in 90 minutes, Birmingham in under 10 minutes.

06

TRANSPORT

A great central location connects Dudley conveniently to the motorway network, while Birmingham’s International Airport connects the region to the rest of the world.

TRANSPORT
EDUCATION 07

EDUCATION

With Birmingham’s 3 universities just minutes away and a host of outstanding schools and colleges in the area, Dudley is proud of its reputation as a first-class education provider.

08

INVESTMENT AREA

Dudley has long been an industrious area, with many big brands making their commercial home in the town. The area offers endless international business opportunities, making it an ideal location to invest in.

INVESTMENT AREA

The property & investment

All homes will offer contemporary open plan living and dining space with oversized windows (where possible) ensuring maximum natural light.

With hard wood veneer floors and stainless steel sockets throughout, these high grade specifications combined with custom built kitchens, integral appliances and stylish bathroom designs come as standard for prosperity clients, offering a home with style, luxury and comfort

Payment plans

2 bed apartment

Representative of 2 Bedroom Apartment

Purchase Price: £104,996
Reservation Deposit: £3149 plus £850 legal fee
Deposit: 21 x £1,650
(monthly amount inc. Stamp Duty due at completion at 3%)
Mortgage arranged on completion for remaining £71,340
Mortgage then covered by rental income from completion
You own an income producing asset for life.

Estimated gross rental income £700 per month
Estimated gross rental yield 7%

The latest Development updates

Castle Court Site Update

  • The development is at its final phase of construction
  • Defects inspection is ongoing
  • Estimated completion date: August 2018

Show apartment bedroom

Show apartment detail

Castle Court Site Update

Phase 1

  • Plastering complete on all floors
  • Decoration complete on all floors
  • M&E work complete on all floors
  • Window installation complete
  • Ventilation complete
  • Joinery complete
  • Kitchens fitted on all floors

Phase 2

  • Plastering complete on 5th-8th floor
  • Decoration completed on 8th floor
  • Second fix M&E completed on 5th-8th floor, first fix completed on 3rd-4th
  • Ventilation first fix completed
  • Window installation complete

Estimated completion date: July 2018

Show apartment kitchen

Show apartment bathroom

Show apartment kitchen

Show apartment complete

Castle Court Site Update

  • Plastering complete from ground to 7th floor
  • Decoration complete from 1st to 3rd floor
  • First and second fix electrics complete from ground to 6th floor
  • Ventilation first fix complete on every floor
  • Windows installed on every floor
  • Second fix joinery complete from ground to 5th floor
  • Kitchens fitted from ground to 6th floor
  • Show apartment completed
  • Estimated completion date: July 2018

Show apartment bathroom installed

Show apartment kitchen being installed

Castle Court Site Update

  • Show apartment due for completion first week of February 2018
  • Plastering completed on ground, 1st, 2nd, 3rd and 4th floor
  • Decoration commenced on ground, 1st, 2nd, 3rd and 4th floor
  • M&E – First and second fix completed on ground, 1st, 2nd, and 3rd floor – first fix completed on 4th and 5th floor
  • Ventilation – First fix completed on every floor
  • Windows have been installed on every floor except the 8th
  • Kitchen fitting completed on ground, 1st, 2nd and 3rd floor
  • Joinery completed on ground, 1st, 2nd and 3rd floor
  • Estimated completion date: June 2018

Windows fitting in progress

Internal party wall layout commenced

Castle Court Update

  • Window fitting in progress, installed up to 3rd floor
  • Internal partitions 80% complete on ground floor
  • Skimming 90% complete on ground floor
  • Magnet survey complete with ground floor fixtures due to commence 16/10/17
  • Internal party wall layout commenced on 1st to 3rd floor
  • Internal studwork and apartment walls started on 1st floor

Strip out complete

Castle Court Update

  • Strip out complete
  • Window fitting in progress