Broadway Residences, Broad Street, Birmingham, B15 1BJ
Fantastic Investment Opportunities – Birmingham City Centre, UK. Luxury fully occupied apartments and receive an income from day 1. Gym, 24hr concierge and NO GROUND RENT to pay! Enquire now so not to miss out. Studios, 1 bed and 2 bed apartments. Parking also available.
BROADWAY RESIDENCES – The most anticipated development of the year!
Located on the five ways roundabout in Birmingham, this is an existing building converted from commercial to residential in September 2016. Originally developed as a PRS scheme (Private pension fund), with all units fully furnished and tenanted.
A total of 36 units (Block D of the development) have been released to market in order to generate a cash injection to purchase new developments. As such these units are strictly CASH PURCHASES ONLY. However, you do have the ability to refinance 6 months after completion if you wish to do so. This is a unique opportunity for anyone that is looking to acquire an income generating property investment, with tenants and furniture all in place.
Set in a prime city centre location and less than a 5 minutes’ walk from the banking district and 10 minutes to the city centre (Colmore Row). https://www.youtube.com/watch?v=R0rjFmXw-L0
Broadway Residences development video
36 ready and furnished units available for purchase
170 Year Lease
Ground rent FREE
Completed in September 2016
2 Year Defect Warranty from purchase date
10-year Checkmate Build Warranty with 9 years remaining (fully mortgage compliant)
The apartments are all fully let
Rental Income (averaging 5%)
Expiry date of Current tenants are varied and can be renewed or cancelled
The Service Charge is £2.97ft2 and this includes:
Free WIFI Lobby
Communal Lobby Space & private Meeting Room (free)
Onsite Dry-Cleaning Service (not free)
DESPOSITS & COMPLETION
Reservation Fee £2,500 (Credit/Debit Card Payment)
10% Deposits – Exchange 28 days on receipt of Contract
90% Completion 28 Days after exchange
Prices starting from:
1 Beds 179,950 GBP
2 Beds 249,950 GBP
Brand new ready-made investment opportunity featuring over 200 studios, 1 and 2 bed luxury apartments.
Prime location, brilliant design, superb facilities and outstanding connectivity.
Just a stone’s throw from the heart of Birmingham city centre, Edgbaston, Brindley Place and The Jewellery Quarter, Broadway Residences couldn’t be better placed.
A host of local amenities right on the doorstep, such as Costa Coffee, Morrison’s Supermarket and the comprehensive food, leisure and entertainment offering from the adjacent Broadway Plaza complex.
The development will appeal to professionals, given its close proximity to the city’s flourishing business quarter and excellent rail connectivity.
The development has a host of lifestyle facilities for residents designed to make city living a breeze, including a gym, 24hr concierge, high speed utilities and a dry-cleaning service.
All units are fitted to the very highest standards with modern fixtures and fittings throughout, comprising spacious well-lit bedrooms, sleep bathrooms and stylish, open plan kitchens.
Many apartments benefit from stunning views of the Birmingham skyline.
Brindley Place & Deutsche Bank – 05 mins
International Convention Centre – 14 mins
Centenary Square – 16 mins
The Mailbox – 16 mins
The Cube – 16 mins
Arena Central & HSBC UK – 17 mins
Colmore Business District – 23 mins
Birmingham New Street Station & Grand Central – 23 mins
The Bullring – 23 mins
St Paul’s Square – 25 mins
Jewellery Quarter – 26 mins
With such a comprehensive cultural, retail, entertainment and business offering, Birmingham is a city that’s going places fast. living of any English city outside of London and welcomed a massive 38million visitors in 2016 alone.
Ever looking to the future, the city has enjoyed a number of landmark redevelopment projects in recent years such as the Grand Central transport and retail hub and the city’s fantastic new library. It has also attracted record levels of foreign investment of late as overseas investors look to spread their portfolios beyond the South East and get in on the buzz.
What’s more, the outlook is looking rosier still with the much heralded HS2 high speed rail development set to bring ultra-fast travel to London and beyond and HSBC moving its UK banking operation to the city along with 1,500 jobs.
- All apartments built and ready to let
- No ground rent to pay
- Fantastic City Centre location
- Walking distance to The Mailbox and Cube
- A short walk to Brindley Place and the NEW HSBC HQ
- Meeting rooms available
- Super high speed broadband
- On site facilities including gym, 24 hour concierge and dry cleaning service
- Parking available at an additional cost