Hopwood House - Property Investment
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Priest House - Overview

Location

Location

Birmingham, United Kingdom

Price

Price

£2,191,950.00

Completion

Completion

Q2 2019

Rental Yield

Rental Yield

7% net rental return assured for 1 year


Investment Highlights

  • 7% net rental return assured for 1 year
  • Mix of 1 and 2 bedroom apartments
  • 3 storey development 
  • Fully managed hands-off investment
  • Located in the developing suburb of Cradley Heath
  • Estimated completion date: Q2 2019

Priest House is a buy-to-let residential development located in Cradley Heath, Birmingham. Priest House is a refurbishment of a former office block, set to comprise of 21 contemporary one and two bedroom apartments across three floors. Each unit has been designed with young professionals in mind, with spacious living areas, well-appointed kitchens and comfortable double bedrooms.

Contact the Team

Call us on +44 (0) 161 337 3890 or contact us using the form below to arrange your free no obligation property consultation.

Development Availability

PropertySizeBedroomsPriceEnquire
Bulk Development--£2,191,950.00Enquire

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Call our team today on +44 (0) 161 337 3890

Investment Opportunities

Image Gallery - Priest House

Exterior Priest House Left
living area
kitchen
bedroom
bathroom
Exterior Priest House Left Night
Exterior Priest House Right Night
Exterior Priest House Right
Purchase Process

Purchase Process

1. Complete a reservation form and £5,000 reservation fee
2. Solicitors are instructed
3. 35% of the purchase price is due on exchange of contracts – usually within 28 days
4. 15% of the purchase price and furniture pack due 3 months from the start of construction
5. Remaining 50% of purchase price due on completion

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Priest House - Location Details

Cradley Heath is an up and coming town located just 8 miles from Birmingham city centre. The developing suburb offers a mix of; schools, leisure facilities, excellent transportation links and open spaces for residence to enjoy the suburban atmosphere.

Priest House is perfectly located just off the Halesowen Road, meaning residence will benefit from excellent transportation links on their doorstep. Located just minutes from Old Hill train station, means residence can commute to Birmingham city centre within minutes. Likewise, Priest House benefits from being located just 3 miles from the M5, meaning residence have easy access to the; M6, M40 and M42.

Walking Distances

Old Hill Train Station – 10-minutes
Haden Hill Park – 10-minutes
Cradley Heath Town Centre – 20-minutes
Birmingham City Centre – 20-minutes via train

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Why Invest

Why Invest in Birmingham

Birmingham is not only the UK’s largest city outside London, but also one of the country’s biggest financial centres. The relocation of firms such as Deutsche Bank and HSBC will increase the number of affluent professionals making their home here. The diversity of the city’s economy is supported by its reputation as a hub for creative industries and it is among the UK’s fastest growing centres for digital media ventures.

There is a wealth of opportunities for companies seeking to expand or invest in Birmingham. The city has exceptional connections to local, national and international destinations. It lies at the heart of the UK’s road network and boasts an international airport serving 9 million passengers per year to 140 direct and scheduled charter routes. The proposed HS2 rail link will potentially cut travel time between Birmingham and London to under 50 minutes.

  • £600million makeover of New Street Station was unveiled in September 2015
  • HS2 rail network will bring the capital even closer at 49 minutes - welcome an estimated £1.5bn and 22,000 jobs to the region
  • Birmingham International Airport sits just 5 miles south-east of the city centre
  • 5 universities with over 73,000 UK and overseas students
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Why Choose Hopwood House

Key to the success and growth of Hopwood House in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Hopwood House first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@hopwoodhouse.com or Tel: 0161 660 8261

We look forward to hearing from you!

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Hopwood House took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

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Hopwood House - Property Investment