Digbeth One 2
Digbeth, Birmingham, is one of the best property investment locations in the UK. This development benefits from a city centre location that captures the high and growing rental demand, and the vast regeneration projects underway are raising property values in the area.
This near completed development represents a unique opportunity for buy to let investors. Contact One Global now to learn more.
BIG CITY PLAN
Birmingham City Council describes this regeneration plan as “the most ambitious, far-reaching development project ever undertaken in the UK”. Their aim is to create a world-class city centre by planning for the next 20 years of transformation. The improvements include the expansion of the city core by some 25%, the merging of the current business districts to create a unified professional centre, the introduction of a new metro service, and vast improvements to the urban fabric of the city. Launched in 2010, the impacts of this project are clear to see for all who visit Birmingham today.
ONE BUILDING, TWO UNIQUE WAYS TO LIVE
Located in the heart of a vibrant creative quarter and just a 10-minute walk from Birmingham city centre, Digbeth One 2 is an excellent buy to let investment opportunity.
Buyers can capitalise on the Smithfield regeneration, a multi-billion project that will see the city centre brought to the very doorstep of Digbeth One 2 residents.
High Speed 2
HS2 is located just 15 minutes from Digbeth One 2. This £100 billion infrastructure project is set to cut train journey times to London to just 50 minutes. This is driving the growth of business and employment opportunities in Birmingham.
The Smithfield project
This multi billion pound transformation of the former Wholesale Markets will see a 140,000 square metre area entirely redeveloped. This will create a natural extension to the existing city core, connecting directly to the Bullring area and leading into Digbeth. This will increase the desirability of the area and increase property values.
Benefit from Regeneration
Property values are positively impacted by material improvements in the public realm, connectivity, and infrastructure. Digbeth offers investors an unrivalled opportunity to benefit from the many billions being spend in the immediate area
New Metro Link
The Birmingham tram network is expanding into Digbeth. This will transform the connectivity of the area. Residents will soon be able to access all of the city centre business districts, as well as the leisure and retail facilities. This will significantly increase rental demand in Digbeth.
HIGH SPEED 2 TRAIN
High Speed 2 is Europe’s biggest infrastructure project. This £100 billion upgrade to the national rail connectivity will create links between London and the major cities in the Midlands and North of England. Birmingham is to be the chief beneficiary of this project, with journey times cut to just 50 minutes and capacity tripled. This project has sent a signal to international businesses that they can shift their operations to the city and access the UK the customers and talent of the UK market. This is driving inward migration and increasing demand for property.
WHY THE SMART MONEY IS IN BIRMINGHAM
In 2010, the Birmingham Big City Plan was set in motion. This strategic planning process is scheduled to span 21 years (ending in 2031). The goal is to transform Birmingham into a world class city.
Birmingham is in the midst of a once in a century regeneration. The city core is being transformed to create a central business district fit for the modern global economy. Projects such as Smithfield, Arena Central, High Speed 2 and Paradise are drawing businesses and new residents to the city and driving house price growth.
Growing Rental Demand
The new High Speed 2 train connection is the biggest such project in Europe. It will connect Birmingham to London in just 50 minutes! This has sent a signal to international businesses that they can base their operations in the city, capitalising on the cost savings and incredible talent available. This is driving inward migration, which is translating to rapidly growing rental demand.
The house price to income ratio in Birmingham indicates that there is significant headroom for property price growth. This relative affordability, coupled with the exciting regeneration projects and new employment opportunities, is drawing people from cities such as London. The increased demand is placing upward pressure on house prices.
DIGBETH ONE 2 APARTMENTS
HIGH RENTAL YIELDS
Digbeth One 2 offers rental yields of circa 5% net. The incredible value and high rental demand represent a unique time-sensitive opportunity. The population of Birmingham is growing rapidly placing upward pressure on rental values. This already excellent yield is set to increase in the near future.