Just across the street from Severn House is The Mailbox. The iconic red building is home to the BBC as well as a flagship Harvey Nichols store. The area hosts a range of high end fashion retailers as well as spa and relaxation facilities and a great collection of canal side bars and restaurants.
The business district and canal-side favourite Brindley Place are all easily accessible by foot. Bars, restaurants and entertainment venues are in abundance making Severn House the ultimate living choice for young professionals. This desirable area of the city attracts investors, and tourists alike, with apartment developments attracting higher than average rents.
- Property type: Residential conversion in the heart of the city
- Location: Birmingham City Centre
- Units available: 35 one and two bed luxury apartments
- Guide price: £134,995 - £174,995
- Predicted yield: 6.5%
Development status: Planning pending
Estimated completion date: Q1 2019
At the heart of the UK's road network Birmingham is extremely well connected. The international airport offers direct flights around the world, plus the planned high speed rail link (HS2) will bring the capital even closer.
Leading European business hub with a regional economy of over £90 billion. The city is home to more than 32,000 companies, including nearly 700 international firms.
Shopping & Lifestyle
The city centre offers a world-class retail experience with the Bullring, Grand Central and the Mailbox all offering high quality shopping, eating and drinking.
Bars & Restaurants
The culturally diverse city makes eating out like a gastronomic tour of the world. With no less than four Michelin Star restaurants and plenty of others excellent choices to tempt, you really will be spoiled for choice.
With six major universities, a host of colleges and award winning schools, the educational future of Birmingham is bright. Over 73,000 UK and overseas students are choosing the city as their place to study and build their careers.
With the youngest population in Europe, Birmingham's transformation into a cosmopolitan city has ensured that property prices remain at a premium and rental demand continues to outstrip supply.
Culture & Heritage
Birmingham is a vibrant and creative city. Major cultural institutions include Symphony Hall, The Hippodrome, home to Birmingham Royal Ballet, the Birmingham Repertory Theatre and an award winning new library.
Birmingham is home to 571 parks, more than any other European city, they total over 14 square miles of open space. Sutton Park is a national nature reserve that covers over 2,400 acres in the north of the city, it is the largest urban park in Europe.
All homes will offer contemporary open plan living and dining space with oversized windows (where possible) ensuring maximum natural light.
With hardwood 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.
Representative of 1 Bedroom Apartment
Purchase Price: £144,995
Reservation Deposit: £4,349.84 plus £850 legal fees
30% Deposit: 24 x £1,812.44
70% Mortgage arranged on completion
Mortgage then covered by rental income from completion
You own an income producing asset for life.