Project Name: Dayus House
Project Location: The Jewelry Quarter, Birmingham
Country: UK
Owner & developer: Seven Capital
Completion Date: Q4 2018
Project Type: Residential
Project Contains:
One and two bedroom Apartments
24hr concierge & security with CCTV
High spec development
Tenant storage and lockers
5 Levels
Number of Flats: 49 Apartments
Services:
Lots of storage space
Very bright flats
24 hour concierge
Parking spaces available
Integrated kitchen
Wood effect flooring
Full height wall tiled bathrooms
10year CML warranty
Video intercom system
Location:
The development benefits from its excellent location within the fashionable and desirable location of the Jewelry Quarter. Only 900 meters to Brindley Place, home to Deutsche Bank, RBS and KPMG. As an investment area, Birmingham remains firmly established in the European top 10. At Number 6 in PWC’s recent “emerging trends in real estate report”, the second city is the highest ranked in the U.K, offering fantastic value when compared to other cities like London and Manchester.
Project Views: City Centre
Fees:
Service charge - £2 per sq ft per annum
Ground rent - £350 per annum
Lawyer fees: Approx. £750 +VAT
Type of investment: Lease hold 125 years
Average Price:
One Bedroom, size 43.1 M2, 465 Sq.ft, price from GBP 179,950
Two Bedrooms, size 60.1 M2, 647 Sq.ft, price from GBP 229,950
Car parking spaces can be purchased for £20,000
Payment:
Down payment 30%, Completion 70%
The Developer:
Seven Capital - Established in 2000, Seven Capital is the pre-eminent residential property developer in Birmingham with a passion for outstanding customer service. Seven Capital converts commercial spaces in key city centre locations and transforms them into stunning residential apartments. They also build new apartment complexes in equally desirable locations. Understanding investor needs, they offer a “hands off” property investment service from purchase through the sale - including rental management
Developing buildings such as disused factories, offices and ex-commercial space not only improves the immediate environment, but it also lends the residential space a unique character and a particular integrity that can only be achieved by using buildings with heritage.
Birmingham:
Birmingham is a city and metropolitan borough in the West Midlands, England. It is the largest and most populous British city outside London, with a population of 1.25 million residents within Birmingham and 3.7 million within its metropolitan area. The city of Birmingham is now a major international commercial centre. Its economy is the second largest in the UK and has six universities making it the largest centre of higher education outside London.
Birmingham is a city led by cultural greatness and is seen as the top UK regional city for quality of life. There are more foreign investment projects than any other English regional city and has been voted among the Top 10 cities in the World.
In recent years parts of Birmingham have been transformed, with the redevelopment of the Bullring Shopping Centre and regeneration of old industrial areas. Old streets, buildings and canals have been restored, the pedestrian subways have been removed and the inner Ring Road has been rationalised.