1 Bed Flat For Sale Cheapside, Birmingham, B5

£239,995- Flat

1 of 2
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Last Updated: 25th April 2024

Description

Birmingham property can be an attractive opportunity for several reasons:\r
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Regeneration and Development: Digbeth is undergoing significant regeneration, transforming from an industrial area into a vibrant cultural and creative hub. This transformation has attracted investment into new residential, commercial, and leisure developments.\r
Central Location: Digbeth is strategically located close to Birmingham city centre, making it convenient for commuting and accessing amenities. It's also well-connected to transport links, including Birmingham New Street Station and major road networks.\r
Cultural and Creative Hub: Digbeth has a strong artistic and cultural scene, with galleries, music venues, street art, and creative spaces. This unique identity contributes to its appeal for residents and visitors alike.\r
Growth Potential: Property prices in Digbeth have shown a steady increase due to the ongoing development and increasing demand for city-centre living. Investing now could yield good returns as the area continues to grow.\r
Diversification: Birmingham is a major UK city with a diverse economy, including finance, manufacturing, education, and healthcare sectors. Investing in Digbeth property can offer diversification within the broader Birmingham property market.\r
Rental Demand: The proximity to Birmingham city centre and the presence of cultural and creative industries make Digbeth attractive to renters, including young professionals and students. This can translate into strong rental demand and potential rental income for property investors.\r
Infrastructure Improvements: Ongoing and planned infrastructure improvements in Birmingham, such as the expansion of public transport networks and redevelopment projects, contribute positively to the attractiveness and value of property in Digbeth.\r
Investment Incentives: The UK government often provides incentives for property investment, such as tax benefits or assistance for certain types of developments. It's worth exploring these incentives when considering Digbeth property investment.\r
As with any property investment, thorough research and due diligence are essential. Factors such as specific location within Digbeth, property type, rental yields, and market conditions should all be carefully evaluated before making investment decisions.
Agent Details
TK Property Group Ltd
Covering Manchester

Investment Analysis

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Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested