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    Prices: £199,995

    Yield: 5.4%

    Completion Date: Q2 2022

    Lease Length: 107 Years

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      About

      The Developer was born out of a passion to deliver affordable, desirable homes and buy to-let opportunities to a global audience. Energised by the sheer wealth of opportunity in the region, Prosperity Developments have already made their mark on their home city of Birmingham and surrounding provinces, with numerous developments built and completed since 2007.

      JQ Rise offers a contemporary selection of 226 one, two & three bedroom modern and sustainable luxury city centre apartments with unbeatable payment terms.

      Important Details:

      • 5% Initial Deposit
      • Pay 30% Over 24 Months
      • Yields of 5.4%
      • Service Charge: £1,000 pa
      • Ground Rent: 0.1% of Property price
      • Complete before Commonwealth Games 2022
      • Serviced lets allowed

      Location

      Known as the “City of 1,000 trades” and “the Workshop of the World”, Birmingham was at the centre of the Industrial Revolution with a rich history in manufacturing anything from brass to toys and buttons to jewellery.

       

      Today, Birmingham is not only the largest UK city outside London with a population of 1.1m, but also one of the country’s biggest financial and commercial centres. The relocation of firms such as HSBC, PwC and Deutsche Bank will bring a large number of professionals to the city and boost the housing market.

      The city is home to five universities with a student population of over 60,000. The University of Birmingham and Aston University are consistently ranked in the top 50 UK universities and the local economy benefits from a vast talent pool helping to attract major employers to the city.

      Birmingham is an increasingly aspirational city that lies at the heart of the UK’s road network 100 miles to the North-West from London and has an international airport that links to hundreds of destinations worldwide. Construction on the £100bn HS2 rail link is now underway and will further improve the city’s connectivity, drastically cutting travel time to other major UK cities and reducing the travel time to London to just 45 minutes.

      The city is seeing substantial large-scale investment and regeneration with a number of new developments creating thousands of new jobs and homes, putting the focus on Birmingham as a popular investment destination.

      The Jewellery Quarter

      The Jewellery Quarter has been described by English Heritage as ‘unique in Europe’ and ‘a national treasure’. With an abundance of museums, galleries, historical buildings and public art, there is plenty to enjoy. Add to that list, some fabulous specialist jewellery retailers and around eighty restaurants, bars and cafes and it makes an irresistible combination for the young professional.

       

      Located immediately to the North-West of the City Centre and within a short walk of the main commercial district, today’s Jewellery Quarter is home to over 1,500 businesses. Of these more than 300 are still involved in the jewellery trade, producing 40% of all the jewellery manufactured in the UK.

       

      The Jewellery Quarter is ideally placed to attract businesses and residents being well served by public transport and both on and off street parking. It is also just a few minutes’ walk from the City Centre with the added bonus of the Metro Tram extension now planned.

       

      Facilities such as banks, supermarkets, coffee shops and a burgeoning arts scene all add up to a highly desirable place to live. The overwhelming majority of the Jewellery Quarter’s eighty restaurants, bars and cafes are all proudly independent. It also has a thriving entertainment scene with many venues featuring live music.

      Birmingham

       B1 3RH
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      Calculate Mortgage Repayments

      Securing a mortgage is a huge financial commitment. Whether you are saving for your first investment or financial planning for your next, it is crucial that you calculate correctly. Use our mortgage calculator to help to determine what your monthly repayments will be. This way you can ensure that the rent earnt covers the repayments on your buy to let property.

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      Calculate Stamp Duty

      Use this calculator to determine the Stamp Duty Land Tax (SDLT) on your property investment. Stamp Duty is a tax paid by the buyer of a UK residential property. The stamp duty rate ranges from 2% to 12% of the purchase price. However, it can change based upon the value of the property, the purchase date, and whether you are a first-time buyer or not. Also, a 2% surcharge is added to each of these rates for buyers who are non-UK residents.

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      Rental Yield Calculator

      Discover whether a property is worth investing in. Use our Rental Yield Calculator to work out the rental yields on your investment.

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