UK Investment Property: The Observatory, Birmingham

2 Bed Apartments from £154,995

December 2005/January 2006

Superb Investment Opportunity in the heart of the UK

The Obsevatory is a fantastic new investment property opportunity in an area where the prices of flats has risen by over 20% in the last year. This new development built by George Wimpey Homes in a fantastic location, just a few miles outside Birmingham City Centre.

Excellent Quality + Excellent Location =Excellent Returns

This new property development is to be built to good specification and as a property rental investment these apartments will be superb as the location - close to the City Centre - will ensure that the rental demand from commuters should be high.

Birmingham has been extensively redeveloped over the past 5 years, with much rebuilding and new property developments. It is now seen as a very desirable area to live in. The Observatory is an excellent opportunity to start or add to an investment property portfolio in a great area without the City Centre price tag

Apartment prices in post code B23 4 between 1995-2005 »

There are 23 units in this prime location investment property.

Payment Schedule

Reservation Fee: £2,000
Deposit: 5% on exchange
Average Coverage: 125% (5 % interest rate used for calculation)

Availability: 27th May 2005 (first come first serve)
Completion Date: December 2005/January 2006

The Observatory Specification

The Observatory is an extremely well specfied new property development. These are just some of the features:

• External doors are white painted high performance steel faced composite or white PVC-u with brass effect ironmongery, incorporation 3 point security locking
• Internal doors are Ash Veneer with chrome handles
• Skirting and architrave will be chamfered profile in non-shrinking MDF.
• Windows will be white PVC-u with easy clean hinges, locking handles and trickle vents. Window boards will be white painted MDF feature “Juliette” balconies to selected plots
• Kitchens by Symphony, fully integrated with an inset stainless steel single bowl sink with worktops and door fronts to your colour choice. With individual remote switching of kitchen appliances.
• Kitchen Appliances. All kitchens to be fitted with integrated washer/dryer, fridge freezer stainless steel oven, hob and cooker hood.
• Tiling. We provide you with a selection of wall tiles to choose from to complement your Kitchen, Bathroom, En-suite and cloaks where applicable.
• Parking: 1 for 1 included

Lease

The lease is for 150 Years, ground rent is £150 Yearly.

Floor Plans

Grosvenor Model »
Kensington Model »
Regent Model »
Richmond Model »
Windsor Model »