(Image: http://stephensmcbride.co.uk/cache/430b2de3/list-washwood1.jpg)external site Birmingham is the largest and most populous British city outside London, with a population of over 1.1 million. It is is a major international commercial centre, dominated by the service sector. An important transport, retail, events and conference hub, redevelopment of the city centre in recent years has led to many new-build apartment buildings. There is a wide variety of investment property in Birmingham, from apartments in the city centre to houses in Edgbaston, a leafy and fashionable suburb to the south of the centre. Birmingham's six universities make it the largest centre of higher education in the country outside London and a strong consideration for student let investment property.(Image: http://www.remus.uk.com/wp-content/uploads/2016/01/Cable-Street-II.jpg) As the fourth-most visited city in the UK by foreign visitor, short let or holiday let investment property in Birmingham should be on any property investor's radar as well.
As the UK’s second city, Birmingham is an ever-growing hub of business innovation and has a diverse range of commercial properties for sale to choose from. From its humble roots as a market town, to its major development at the heart of the Industrial Revolution, Birmingham has grown to boast a population of over 1.2 million, with thousands of business’s taking advantage of its many benefits. Birmingham city continuously proves itself as a popular commercial centre and is known for its transport links, retail opportunities, conferences and events. It holds some of the UK’s best retail and events spaces such as the NEC, the number one exhibitions space in the UK, and the Bull Ring, a major commercial area and tourist destination. Despite being such a business-orientated city, Birmingham actually has over 8000 acres of parks and open spaces - making it one of the greenest cities in the UK and a surprisingly beautiful place to set up your business. Whether you're looking for an office space, a retail unit or an entire commercial property for sale, at Proplist we are certain that we have the best commercial property solution for you. Browse the properties below and get in touch with our specialist commercial property agents to find your ideal new business location in Birmingham today.
external frameBirmingham, a metropolitan borough and major city located in the West Midlands, has been awarded the title of the 6th best place in Europe for investment opportunities in the property market. Famous for its rich history of art and culture, Birmingham has an economy worth of £24bn and is one of the largest economies worldwide. The diverse and growing population provides the city with innovative and creative ideas and solutions, making it a central-hub for global business and technology. The picturesque city provides ideal opportunities for property investors looking to both receive long term rental returns and the capital growth of a property. Birmingham has a house price growth of an astonishing 7.5%, compared to London’s capital growth of 1.8%, making it the best in the UK.
With a population of over 1 million and titled the second most populated city in the UK, the property market in Birmingham has something to offer for everyone, whether that is a rented house, apartment or flat. With such a large and diverse population, the Birmingham property market lends itself perfectly to students, young professionals and big corporate organisations. Home to five universities, Birmingham now has a substantial student population and thus a growing demand for specialised student property, creating a huge gap in the market for property investors. Established corporate businesses previously based in London are also making the decision to head further north due to Birmingham’s growing business prospects in an already booming economy. The cheaper cost of living, reduced expenses and exceptional transport connectivity in Birmingham are giving bigger, previously more popular UK cities a run for their money in the investment sector.
Birmingham is set to undergo various different redevelopments in years to come - this includes changes to the transport systems both in and out of the city and an increase in the amount of properties available on the market. With more and more new homes being built, the Birmingham property market caters to the large and diverse population it is home to. Whether you’re looking to invest in property that will attract a student demographic or whether you’re looking to rent out to business professionals working in the city, Birmingham offers an extensive range of properties at different prices and attractive yields.
The second instalment of our “Property Investment Spotlight” series focusses on Birmingham, often known as Britain’s “Second City”. With prices in London spiraling out of control, businesses and individuals alike are looking outwards at other cities to invest and live in. Previously, we have discussed the benefits of property investment in Manchester, and today we discuss the appeal of investing in Birmingham. Birmingham’s cultural offerings, more affordable prices and booming business sector has made it an increasingly attractive prospect. Birmingham is often affectionately known as Britain’s second city, having one of the largest populations outside of London. Birmingham has the one of the largest legal and financial services centres outside of London, with a GVA of £226 billion. It also enjoys a strategically advantageous position in the country, as 90% of the population can reach Birmingham in under four hours.
It is predicted that with the construction of HS2, more people will move to Birmingham and commute to London. HS2 journey times between Birmingham and London will take 49 minutes - the typical London journey to work is 45 minutes. Can you imagine what impact that will have on Birmingham house prices? More people commuting will increase demand for land and thereby drive up the associated cost of new developments. As land costs rise the feasibility of new developments becomes constrained. Fewer developments means more demand for a limited supply, which is positive for rental income and capital growth. Similar to Manchester, Birmingham boasts a young population - the youngest of any major city in Europe in fact.
Under 25s make up 40% of the population, and one third of the city’s inhabitants are from an ethnic minority, making it one of the most diverse cities in the UK. Its young demographic lends itself well to the rental market, as young adults generally do not have the capital to invest, or the inclination and would rather experience living in different areas. Recent graduates of Birmingham’s universities are also increasingly likely to stay in the city, due to the quality of life, more affordable prices and job prospects, which makes investing in Birmingham an attractive prospect for high occupancy levels. Birmingham also offers a wealth of cultural experiences for residents and visitors alike.
Outside of London, Birmingham is home to the most Michelin-starred restaurants and has a thriving arts scene. More tickets are sold at the Birmingham Hippodrome than by another theatre, including the West End. It also boasts the unique Jewellery Quarter, home to Europe’s largest school of jewellery, and the UK’s second oldest independent art gallery; the Royal Birmingham Society of Artists. The Jewellery Quarter is another area in Birmingham that has been pinpointed for regeneration, with the aim to develop the Quarter into a hub for creative businesses. Having a colourful arts and culture scene provides a huge benefit to cities in terms of attracting new residents and boosting tourism. Galleries, museums and theatres help enrich the lives of current residents and these attributes makes the area a more appealing place to live.
In 2016 LaSalle Investment Management invested £100m into a private rented sector scheme, clearly recognising the city’s potential.(Image: x-raw-image:///ca679b8ee51eaa60f900638d29ef7273944937246aeacda1d3b739a220dc3bb4) Knight Frank recently named Birmingham as the UK’s number one business hotspot and with the creation of new jobs, young talent has followed. In 2015, 6061 people moved from London to Birmingham, which is more than to any other city. The government’s “Midland Engine” scheme to stimulate economic growth will also boost Birmingham’s outlook. Birmingham is a city targeted in the Midlands Engine. The Midlands Engine is a government initiative aiming to stimulate economic growth in the East and West Midlands. The aim is to create 300,000 new jobs and £34 billion worth of growth within the next 15 years through focussing on five key themes - skills, innovation, transport, promoting the initiative and finance for business.
The government is backing the scheme with a £5 million investment package, aiming to promote the initiative overseas and boost exports. The creation of 300,000 new jobs across the midlands will obviously bring with it new working professionals in need of accommodation, thus increasing rental demand. It will also positively affect capital growth prospects as when the young professionals go forward in their chosen career and start to save, they will start looking to buy their own property. Birmingham has already made a case for itself as an attractive city for workers and businesses, and the significant amount of investment being pumped into the city will only see interest soar. Birmingham’s affordable housing stock has long been a key-driver in why it is considered an attractive place to live and invest.
It is also worth noting that although investment for new homes in Birmingham is now being made, it is not enough to resolve the problem of few second-hand homes being put on the market. This means that there is fierce competition in the property market for homes in Birmingham. Investing in Birmingham is a good opportunity as Birmingham is frequently named as one of the best cities for buy to let, due to its high proportion of young professionals and modest house prices. Due to its increasing popularity, house prices are rising, and have been forecast to rise at a faster rate than London. According to Hometrack, year-on-year house price growth in Birmingham stands at 7.4% in January, compared to 6.4% in London.
So now seems like the ideal time to invest, whilst house prices are still reasonable, even though they are on an upward trajectory. Birmingham property investment opportunities such as One BHM make for an excellent investment as it is located in Birmingham’s city centre. It is a collection of 165 one, two and three bedroom apartments ideally aimed at young professionals working in central Birmingham. It is also close to several attractions such as Brindley Place (a popular eating and drinking destination), The Barclaycard Arena and the National Sealife Centre. A plethora of shops, restaurants and bars are also nearby. Apartments will be stylishly furnished and feature oversized windows, allowing for plenty of natural light. Kitchens will be custom built, hard wood veneer floors will be installed throughout as will stainless steel sockets. Apartments will ooze class and style, combining luxury and comfort. Units in One BHM start from £164,995 - an excellent price for this unbeatable location, so enquire today to see how you can benefit from Birmingham’s economic growth and investing in Birmingham. Interested in investment property news? Sign up to our newsletter and keep up to date on the latest property news and investment opportunities.
It wasn’t too long ago that those with a passion for property almost took pride in never looking further than the prime London property market. Now, however, it is Birmingham that has captured investors’ imaginations - and for more than purely financial reasons. “Property investment is fundamentally about making money, but as the buy-to-let market has matured, we’ve seen a shift in investors’ outlook. There’s something compelling about owning a property in Birmingham and investors are keen to be part of the action. Whether it’s the image of the traditional heart of the Midlands, or the modern architecture transforming the City, Birmingham is doing something right.
The UK’s second city certainly has the right credentials in terms of its numbers. However, price rises are only half of the story when it comes to Birmingham. The city also provides exceptional value in terms of its asking prices. The average Birmingham property costs just £161,100. That’s cheaper than the average for Manchester, Leicester, Leeds and a wide range of other regional cities. It’s also well below the UK average of £218,600, according to Hometrack’s figures. The story so far as prime city centre property is concerned is even more compelling. “The numbers stack up so well in Birmingham that it’s easy to see why the city’s prime residential market has captured such attention both within the UK and overseas. A range of other factors come into play too.
Birmingham is known for its striking, modern architecture and has an outstanding reputation as a shopping and leisure destination. HSBC, Barclays, Deutsche Bank and HMRC are among those to have been drawn to Birmingham in recent years.(Image: https://res.cloudinary.com/jll-global-olm/images/t_jllOlmNewSearchTile/q_60/v1525792311/olm-emea/424798/Rent-Office-Birmingham-B2-5BN-10-Temple-Street-1.jpg) Now, the city is also among the top three options for the location of Channel 4’s new headquarters - and still property prices remain well below the UK average. HS2 has played an important role in elevating Birmingham in the eyes of investors in recent years. The high speed network has pushed forward a number of regeneration schemes within the city, with enhanced connectivity to London and Europe seen as a key driver for Birmingham’s rising reputation overseas. Regeneration work is widespread, with areas such as Digbeth and Smithfield benefitting particularly.
“One of the most notable things we’re seeing about the investment that is pouring into Birmingham is the focus on city centre living. Interest in the city is so strong that leading property investment agency Surrenden Invest has been taken aback at the speed with which homes at its Westminster Works development are selling. Priced from £165,000, the properties provide investors with a 5% NET yield and plenty of scope for capital growth. The Surrenden Invest team is now poised to unveil a further Birmingham development, in close proximity to the Mailbox, although further details of this are currently being kept under wraps.
As a nation who is renowned for moving to ‘where the work is’; knowing you can provide your tenants with a rental property in a rapidly evolving city, is truly gratifying. After all, if they are happy with your property they will not be looking for a new place to live anytime soon, will they? And in this particular location you could also provide your tenants with a city steeped in history, culture and 8,000 acres of beautiful landscape. Would that be worth just 2 hours of your time? Well, you can. At Property Mentor we feel we have found an incredible location.
And as it sits right in the heart of the country, it’s SO accessible. Affordable and accessible - what more can you ask for? It is a prime location. When you compare the rental prices to other cities across the country, it is easy to see why Birmingham University is so popular. Its rental prices are incredible. Not a bad income at £14,640 for one property alone. Times it by 4 and you’ll have an impressive income of £58,560 for 4 hours work a week - £281 per hour. Considering that these properties have got some of the best rental prices available, you’ll have no problem tempting Birmingham’s commuters into living in the heart of the city.
If anything they will be begging you to let them rent one of your properties, once they have seen what you have got to offer. And with courses taking place across the whole of the UK, if you are interested in harnessing the true power of Birmingham’s buy-to-let market, you can find the answer during one of our Property Mentor courses. You can use the Property Mentor System literally ANYWHERE in the UK, so the flexibility it gives you is second to none. Maybe you're happy dealing in properties close to home, or perhaps you wish to use this valuable knowledge to buy properties in an up and coming property hotspot. You can be based from your current home, or you could up sticks and actually move house yourself.
A peaceful rural location, the excitement of the buzzing metropolis of a big city, a few miles down the road or the other end of the country. The great thing is, once you have these techniques you can live anywhere you want. You are not tied to an office or a 9 to 5 grind. If you've been thinking about a move or wishing you had the freedom to spread your wings, Property Mentor can help you achieve the means to be able to turn your dreams into reality. To book a place on one of our FREE property investment courses and start your path to earning a profit every month from property, simply click on 'book now'.
What will you learn in 2 hours? Go on any property investment course and the first thing they will tell you, is to invest in where you know. Don’t go venturing further a field, but keep it local. At Property Mentor we are different. We believe every city, town or region has got the potential to offer incredible property investments. It is just a question of how well you research your properties first. Things change, and your property portfolio needs to be able to adapt with it. If it doesn’t hit our £300 base mark, look elsewhere. Just because it is London property, does not mean it is better than Cardiff or Edinburgh.
It is the research you do, and the time you put in that will make all the difference. So by keeping your options open, you can essentially free yourself from the limitation of investing in just one location and open up your property portfolio to property gems you’d never thought possible. And at Property Mentor we can help. With just a little work and determination, you too could soon be investing in properties of all shapes and sizes. And where will you invest? It really is that simple. In just 2 hours we can show you how to effectively research and stack up your properties, and earn an easy £300-£1,000 every month for the rest of your life.
And what do you need to get started? Simply, the knowledge we’ll give you and the initiative to recognise all that the buy-to-let market has got to offer. Attaining financial freedom doesn’t have to be a fantasy. You can make it your real, day to day life. Become your own boss - Never sick, never late, your property can become the perfect employee - always working to keep your profits positive. Make some of your income 100% tax free - How? Using a [[https://gspropertygroup.co.uk/|Property Developer in Birmingham]] Matrix which we will show you. Invest at bargain prices - other investors may have seen the news and are now running scared, but not you.
(Image: https://i0.wp.com/residentiallandlord.com/wp-content/uploads/2019/02/Hull-street-house-town-restaurant-downtown-tourist-687486-pxhere.com-1-e1550685240153.jpg?resize\u003d260,146\u0026ssl\u003d1)You can take advantage of all their mistakes and invest for just 80% of the price. Get the best deals from your estate agent - with property sales down, let’s just say when you appear offering to invest - cash in hand - they will more than happy to give you discounted deals. 100% financially free. No mortgage. No repayments. But 100% free. Think everything we have just described is just too good to be true? Well, what would you say if we could also offer you a proven credible system that has invested in all the lows of the 1990’s and all the highs of recent years? Would you give it another chance? At Property Mentor we understand the hesitation to invest.
After all, all the papers are telling you that investors are struggling to sustain their properties. So the only reason their investments are not working is simply because they have not learnt to adapt with the evolving market. For you it will be different. You see, many of our experts have been on the property market for over 20 years. 20 years that has enabled them to compile a perfected system that is free from the kinks of trail and error; that is free from all the mistakes and is proven to work. We have thought of absolutely everything. Fluctuating interest rates, falling house prices, varying rental yields - it is all here, so that when you do come to stack up your properties you will instantly know, if they will or will not work. We have covered every angle so you don’t have to.
And the reason we have gone to such lengths to offer you this system? No support. No guidance. No one to tell us how to move with the changing market in order to keep our property portfolio strong. We had to learn it the hard way. For you it will be different. We want to help you get access to the knowledge, techniques and tactics we never had. And we actually LOVE sharing our knowledge and helping you to become successful. So we have opened up our system to all our delegates, to give you the flexibility to invest in any property, in any city and know that with our training your properties will always be safe. And yes it does work! In the last 10 years we have helped over 2,500 delegates begin their journey to achieving financial freedom. A 10 year spate that has witnessed both a property boom and a credit crisis all in one turn.
We provide property advice and consultancy to clients throughout the UK. Our reputation is based on first class effective client service, having wide ranging experience and knowledge of our markets. We can advise clients on all aspects of commercial property solutions. Our specialist team of Surveyors and Planners are able to deliver meaningful advice and effective results. From our centrally located offices in Birmingham, Stoke and Worcester, we are well placed to serve clients throughout the UK, delivering solutions for commercial property owners and occupiers alike. Our overriding principal is to create relationships with our clients. Many are large PLCs with complex portfolios of commercial property throughout the UK, others are individuals with single land holdings. Our clients work with us because they like, trust and value us and the contribution we make to their business. We are proud to hold this reputation across all our offices and departments.
Everyone requires a home and each and every home needs a holder. Maybe you are already a home-owner. When you can afford you could start to get a home and allow it to go out on rent. It might be immensely rewarding if you want a loan. Buy to allow is when a buyer buys a property to allow against eachother for commercial purposes. Mortgages specific about bat roosting sort of purchase are classified as buy to allow mortgages. Buy to allow mortgages are highly specialized and meant to appeal to specific needs. In 1996, The Association of Residential Letting Agents (ARLA) developed a constructive effort available as Buy to allow mortgage. This effort was endorsed by a few leading mortgage brokers including Birmingham MidShires, GMAC Residential Funding, Nat West Mortgage Services, Paragon Mortgages, plus the Mortgage Business.
Buy to let mortgages can be an seek to motivate the expansion of the Private Rented Sector by encouraging eco-friendly to accept opportunities given by low, highly competitive, rates of interest. The buy to let should sustain reasonable capital growth over the long term. Buy to allow mortgages differ from residential mortgages. The loan borrower is needed to pay larger quantity of deposit amounting to 20%. Though some loan lenders would also allow 15% deposit. Loan contender for buy to let mortgages must be sure to recognise a persons vision rates. The interest rates are higher in lieu of lower deposit.