Birmingham, UK
Birmingham, UK
Nineteen Forty is a delicately restored collection of buildings with historic features and charm, complemented by high-specification modern fixtures.
Situated in Birmingham's Jewellery Quarter, the development is a collection of four historic buildings dating back to the early 1800s. The year 1940 holds particular significance in its 200-year-old history, where it was featured in newspapers across the world.
Today, the Grade II Listed buildings are being delicately restored into 22 luxurious and unique one-, two-, and three-bedroom apartments. These residences will boast three-metre-high ceilings, open-plan interiors, and refurbished industrial-style windows, ensuring an airy and spacious feel. They will preserve historic features while incorporating modern amenities, including high-spec kitchens equipped with Smeg appliances.
2 BED EXAMPLE VR TOUR
1 BED EXAMPLE VR TOUR
As the UK’s second-largest city and one of the most affordable locations to buy property, there are favourable grounds for property investment in Birmingham.
Set to welcome an 11% growth in residents by 2040, housing demand is growing. House prices in Birmingham are forecast to rise by an accumulated 19.9% between 2024 and 2028, yet today the average house price is still 74% more afforable than London offering a window of opportunity for savvy property investors. Coupled with a strong demand for rentals having seen a 23% increase in rents over the past 4 years alone, Birmingham property investment is an attractive choice for buy-to-let investors.
Expanding beyond its industrial success as the ‘first manufacturing town in the world’ in 1791, Birmingham is now an economic powerhouse. Many global firms have set up regional offices in the city, bringing in new career opportunities. Start-ups are also in abundance as innovators make Birmingham their home.
Because of this, Forbes ranked Birmingham as the 2nd best city in the UK for business start-ups.
1.1 million (2023)
+19% since 2000
+11% growth forecast (2040)
GDP of GBP37.9 billion (2023)
+92% GDP growth forecast (2040)
+70% GDP per Capital (2000-2023)
43,600 housing supply shortage forecast (2031)
+33% price growth forecast (2035)
74% more affordable than London (2023)
Download the Fast Fact project summary below.
Region | Mortgage Rates (Up to) | Acquision Costs (Estimated) |
---|---|---|
London | 75% | 5.0% |
Manchester | 75% | 5.0% |
Berlin | 60% | 7.5% |
Melbourne | 80% | 4.0% |
Brisbane | 80% | 4.0% |
New York | 55% | 6.0% |
Chicago | 55% | 6.0% |
Miami | 55% | 6.0% |
Tokyo | 70% | 5.0% |
*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.
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