Birmingham Apartments from £164,995 – Katar Investments

Birmingham Apartments from £164,995

164,995 £

Description

Buy from a developer who have already made their mark on their home city of Birmingham and surrounding provinces, with numerous developments built and completed since 2007. A developer that remain dedicated to providing owner occupiers and buy-to-let investors an exceptional opportunity to purchase prime city centre luxury apartments through a unique purchase payment options.

A residential and commercial portfolio including 28 substantial new build and conversion projects with a GDV of over £300 million.

On track to deliver over £1 billion of residential property within the next 5 years

ONEBHM

A contemporary selection of 165 one, two and three bedroom modern and sustainable luxury city centre apartments.

A modern sophisticated development, One BHM is ideally located to attract the rapidly rising number of professionals, young couples and students who are choosing the area to live and work.

DETAILS
165 APARTMENTS
£164,995 ONE BED STARTING PRICE
£225,995 TWO BED STARTING PRICE
£292,995 THREE BED STARTING PRICE

Example Mortgage Plan

Summary – 1 bed apartment GBP Purchase Price £164,995.00

Legal Fees £850.00

Total Amount Due £165,845.00

Reservation & Exchange Stage

Prosperity Reservation Deposit 5% (minimum £3000) £8,249.75

Legal Fees £850.00

Reservation / Exchange stage total due £9,099.75

Monthly Payment Stage £49,498.50 Deposit divided by 24 month build schedule £2,062.44

Completion Stage Balance payment – by way of mortgage or cash £107,246.75

Mortgage arrangement fee if applicable (estimated)

£995.00 Stamp Duty if applicable (estimated) £5,749.00

Amount due at Completion Stage £113,990.75

Income Estimated Gross Rental Income Per month £850.00 / Per annum £10,200.00

Estimate Yield based on above 6.18%

Expenses Service Charge (estimated) £1,000.00

Ground Rent (estimated) £300.00

Tenant Management Fees @ 12% + vat £1,468.80

Total Expenses* Per month £230.73 / Per annum £2,768.80

Income net of expenses Per month £619.27 / Per annum £7,431.20

* + Letting & Setup Fe

Features

Location

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