Prosperity Wealth

One BHM

Birmingham City Centre

Overview

A modern, sophisticated development, One BHM is ideally located to attract the rapidly rising number of professionals, young couples and students keen to live and work in the area.

Key points

  • Property type:
    Luxury city apartments
  • Location:
    Birmingham City Centre
  • Units available:
    165 one, two & three bed apartments
  • Guide price:
    £164,995 - £292,995
  • Predicted yield:
    6%

Status: Planning pending

Estimated completion: Q4 2020

Find out more info about the development

It's all about the location

One BHM sits within walking distance to the city’s key business and entertainment zones including the brand new HSBC headquarters, Barclaycard Arena, Brindleyplace and the Jewellery Quarter.

Economy 01

Economy

Leading European business destination with regional economy of over £90 billion.

02

Population

Youngest population in the UK, Birmingham has a thriving and ever-growing market for city centre property.

Population
Connectivity 03

Connectivity

25 min walk to New Street Station, 30 min walk to the future HS2 Station (49 mins to London), 20 min car or bus journey to Birmingham International Airport.

04

HS2

HS2 will bring the capital even closer at 49 mins, welcoming an estimated £1.5bn of investment and 22,000 jobs to the region.

HS2
Business 05

Business

Relocation of Deutsche Bank and HSBC is increasing the number of affluent professionals making the city their home here.

06

Transport

£750 million transformation of New Street train station, and £100 million Metrolink expansion connecting key city residential hubs.

Transport
Education 07

Education

5 universities with over 73,000 UK and overseas students choosing Birmingham as their place to study and build careers.

The property & investment

The Signature Living brand and trademark design delivers style and contemporary elegance to selected developments in city centre hotspots.

Prosperity’s Signature style can be instantly recognised with its contemporary open plan living areas, high quality flooring, custom built kitchens, integral appliances, stainless steel sockets and stylish bathroom suites, offering homes with style, luxury and comfort.

Payment plans

Monthly & Mortgage Plan

1 Bedroom Apartment
Payment plan provided is correct at the time of development launch

Purchase Price: £164,995.00
Reservation Deposit: £8,249.75 plus £850 legal fee
30% Deposit: 24 x £2,062.44
70% Mortgage arranged on completion

Estimated gross rental income £850.00
Estimated gross rental yield 6.18%

Quarterly Purchase Plan

2 Bedroom Apartment
Payment plan provided is correct at the time of development launch

Purchase Price: £225,995.00
Reservation Deposit: £11,299.75 plus £850 legal fee
Quarterly Payments over 24 months: 8 x £26,836.91
At month 24 you can either retain the property and receive rental income or sell it on the open market.

Estimated gross rental income £1,200.00
Estimated gross rental yield 6.37%

The latest Development updates

Hoarding up at One BHM site

One BHM Site Update

  • Planning to be submitted June 2019
  • Upon planning being granted construction anticipated to begin Q1 2020
  • With the standard statutory planning process taking around 16 weeks, we’re unlikely to have much in the way of updates until this next stage has been reached and consent is granted

One BHM CGI

One BHM Update

Planning

  • Planning submission by Q2 2019
  • Estimated date for planning approval July 2019

Delivery & Construction

  • Detailed design estimated to commence in August 2019
  • Construction estimated to commence in January 2020