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its all happen before and its going to happen again remember Inside Track ??
I have a few 1980s city center properties and I wish I had not purchased them I only purchased them because they have garages and parking
which I rent separate
They are not worth the price and the service charges long term If I did not have the extras from garages and parking I would have sold
Learn Change and Adapt ?????
All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.
Where if not city centre or Digbeth do you think is still a good investment opportunity in Birmingham, and why?
If you're out of the city center then I like the Kings Heath/ Moseley area
Kings Heath & Moseley are 2 areas i messaged Elliot about privately a few days ago..........I did also throw in Bearwood, Oldbury & Halesowen too, all great areas with consistent capital growth.
I wouldnt put my money into Digbeth thats for sure.
Stewardson Developments Ltd.
Burson Land Ltd. & Jennings & Gilchreaste Ltd.
Follow me on twitter - @philstewardson
Birmingham will be the UK’s top city for attracting private rented sector (PRS) investment over the next five years, according to new data. Knight Frank’s inaugural Residential Investment report, which looks at the sector as a whole for the first time, surveyed 43 leading investors with a combined £32bn already invested across student accommodation, investment grade PRS and senior living rental. The respondents identified the cities where they saw the biggest opportunities in each sector over the next five years.Full/source article
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Work has begun on a new build residential development near Birmingham city centre by the niche Birmingham residential developer Prosperity Developments.
Comprising of 67 one and two-bedroom apartments, the units at Moseley Gardens in Digbeth were snapped up within weeks of being launched to the market.
Joe Billingham, Chairman and CEO at Prosperity Developments, said: “We are delighted that Moseley Gardens has proven to be so popular with buy-to-let investors and owner-occupiers, who are keen to take advantage of the development’s convenient location. The fact that all of the available apartments have been purchased entirely off-plan demonstrates how desirable it is to live and invest in Birmingham city centre".Full/source article
Research from property website OnTheMarket.com reveals the average number of bedrooms buyers can get for the national average house price – £229,431 – in cities across the UK.
What buyers can get for their money varies hugely up and down the country from a leasehold studio flat in inner London to a three bedroom house with parking and a garden in Cardiff, Newcastle, Leeds and Birmingham.
Among the cities analysed, Birmingham was found to be the city with the most available (60%) three bed homes currently on the market with a price tag of around £230,000.Full/source article
Music giant HMV could be opening a new interactive concept store focusing on vinyl and a space for bands to perform live in Birmingham city centre.
The new HMV store, dubbed The Vault, will open at the former Ikea order and collection point in Dale End, according to Property Week .Full/source article
Wow, they give up the old Pavillions to make way for the worlds largest Primark and want to move down the road where nobody wants to shop.
Dale End is a brave move. Not a nice part of town