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The Birmingham Big City Plan:

A Property Revolution Is Afoot In The West Midlands

When talking about investing in UK property, Birmingham tends to be left out of the conversation most of the time. Especially when other more prominent areas like London and Manchester are hogging the limelight. However, a series of major upgrades is set to awaken this “sleeping giant” in the West Midlands. Once those changes occur in the near future, it’s highly likely that Birmingham will become not just one of the UK’s, but also the world’s, most premier property hotspots. So if you’re not familiar with the property scene in Birmingham, fret not. This article will reveal all the latest developments, statistics and everything you need to know to prepare for the upcoming Birmingham property revolution.

The Facts And Stats Of Birmingham’s “Big City Plan”

The Big City Plan is a masterplan to radically transform Birmingham into a world-class city centre. Spanning 20 years of continuous developments, it has been dubbed the most ambitious project ever taken on in the UK. 


To give you an idea of what to expect, here are some key stats involving this transformation:

  • Creating 1.5 million square metres of new floor space

  • Creating over 50,000 new jobs

  • Contributing £2.1 billion to the economy each year

  • Creating a well-connected, efficient and walkable City Centre

  • Providing 65,000 square metres of new and improved public spaces

  • Providing 28 kilometres of enhanced walking and cycling routes

  • Providing over 5,000 new homes with new leisure and recreational facilities to attract more families

  • Valuing the city centre’s heritage and cultural assets

  • Integrating sustainable development and addressing the impact of climate change as part of the future transformation of the city centre

  • Delivering five areas of transformation supporting the growth of the City Core

Source: Birmingham.gov.uk

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How The People Are Responding To Birmingham’s Positive Developments

We are currently in the infancy stages of the big city plan. Even so, visible improvements have already been seen and felt. And the people are responding in kind.

 

Over the last decade, Birmingham’s population has risen by nearly 10%, with an additional 100,000 citizens added to its ranks.


Economists have also projected an annual 3,300 increase in households over the next 10 yearsThis is in large part, due to an increasing desire to work in one of the UK’s fastest-growing economies. Many have already moved from other parts of the UK to Birmingham, seeking employment in this up-and-coming city.


A recent poll among final-year students currently studying in Birmingham universities showed that more than 40% intend to stay for work-related reasons after they graduate. The human factor is a key consideration which has a direct impact on Birmingham’s property market. It’s no secret that rising populations usually leads to thriving property markets.


In the UK, both currently and in the future, Birmingham is quickly establishing itself as one of the leading drivers of the housing market

Source: Birmingham Market Update 2020 

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Should You Join The Revolution And Invest In Birmingham Property?

Based on our research and findings, we can safely recommend Birmingham property as a secure investment which is likely to reap attractive returns down the road. One particular project caught our eye: Digbeth One 2


Located in the heart of a vibrant creative quarter and just a 10 minute walk from Birmingham city centre, Digbeth One 2 is a new collection of apartments built for living, work and play. With an interconnected network of bus routes, tramways and cycle paths, there’s an array of sustainable travel options for you to explore. Conveniently linked to the M6, M5 and M42, it’s the ideal location for those who need to commute. With HS2 (a new high-speed railway) on the horizon, Digbeth is set to become of the most connected communities in the UK.

One Building,
2 Unique Ways to Live.

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  • Located in the heart of a vibrant creative quarter and just a 10-minute walk from Birmingham city centre 

  • Digbeth is a thriving new hotspot in Birminghamhome to a wide range of leisure spots and amenities 

  • Conveniently linked to all of Birmingham‘s fantastic transport links with the Birmingham Coach Station only a 5-minute walk away 

  • Only a mile from the famous Bullring Shopping Centre and Selfridges in the centre of Birmingham, Digbeth One 2 is just a short walk away from the sights and sounds of Britain’s second city 

  • Digbeth One 2 has an exterior that reflects Digbeth’s industrial heritage, with accents inspired by the most dynamic boroughs in New York, with a unique style to reflect the buildings’ industrial and urban aesthetic 

  • A communal rooftop terrace with views over Birmingham for the residents to enjoy 

  • 2 specially crafted interior design styles to choose from - Skandi & Mono, allowing new homeowners to pick the style which defines them 

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At this moment, investing in a Digbeth One 2 unit is still relatively affordable.

194 contemporary apartments fronting Bradford Street, Lombard Street and Cheapside, in the heart of Digbeth.

Est Completion: Q1 2022

10 years NHBC warranty

Studios, 1, 2 and 3 bedroom apartments from £160,000*.

This is a great entry price, considering that rental yield returns are estimated at 4.9%* per year.
 

Not to mention the capital appreciation when more of the big city plan is fulfilled.  But do act fast if you’re interested. This window of opportunity to invest at a low price is likely to be shut sooner rather than later.


So are you keen to find out more about Birmingham property and Digbeth One 2? Fill in your details below, and we’ll contact you to explain further and answer all of your burning questions. 

 

Sign up for development details and investment opportunities.

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Disclaimer: Approved Planning Application No.: 12019/07304/PA granted by Birmingham City Council. Computer-generated images are indicative only. *Prices and details correct at time of issue and subject to changes. ^Journey times are approximate and sourced from Google Maps. This page has been prepared by One Global Property Services (Singapore) Pte Ltd (CEA Licence No.: L3010793D, Co. Reg. No.: 201715336R) & One Global Property Services (Hong Kong) Ltd (Certification No. 69941304-00-10-18-A) for advertising and general reference only. One Global Property Services makes no guarantees, representations, or warranties of any kind, expressed or implied regarding the information including, but not limited to, warranties of content, accuracy, and reliability. Any interested party should undertake their own research and due diligence as to the accuracy of the information. One Global Property Services excludes unequivocally all inferred or implied terms, conditions, and warranties arising out of this document and exclude all liability or loss and damages arising therefrom. One Global Property Services (Hong Kong) Ltd and our representatives only work in relation to real estate located outside Hong Kong. Neither One Global Property Services nor its representatives is licensed under the Estate Agents Ordinance (Cap. 511 of the Laws of Hong Kong) to deal with Hong Kong real estate (nor are we required to be so licensed). Neither One Global Property Services nor its representatives hold them out to perform any regulated activities in Hong Kong under the corporate brand of One Global Property Services such as advising on dealing or advising on securities or providing asset management services or any other incidental regulated activities.

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