city life in the suburbs 1 & 2 Bedroom Apartments available with 7% NET Rental Return - Guaranteed for 1 Year

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1 city life in the suburbs 1 & 2 Bedroom Apartments available with 7% NET Rental Return - Guaranteed for 1 Year

2 feel culture in the heart of birmingham T he fundamentals for Birmingham remain strong with Birmingham continuing to reposition itself nationally as a major regional centre with a dramatically enhanced profile. The increased connectivity promised through the delivery of Midlands Metro and HS2 is driving demand, bringing more people to Birmingham to live, work and play. Birmingham is one of the youngest cities in Europe Ahead of HS2, there has been significant investment in the regeneration of Birmingham city centre. This has also triggered commercial investment from companies choosing to relocate to the Midlands, such as Deutsche Bank and HSBC, which has helped to drive residential demand, subsequently boosting house price growth. Birmingham is one of the youngest cities in Europe, with under 25 year olds accounting for 40% of the population. Home to five universities, the city is also seeing a high retention of graduates with a knock-on effect on demand for new high-quality housing. We are also seeing an extension of the traditional city core, with residential development opportunities spilling out into the suburbs. Commuter suburbs and towns are changing. Some have become so fashionable that they re almost as pricey as the city. And subsequently, prices are undergoing a dramatic correction. Young professionals are moving out of the city into towns within easy commuting distance in order to find a home to buy or rent at a price that doesn t break the bank. And this is exactly where the savvy investors should be looking. Towns around Birmingham are most likely to see the biggest rise in house prices... BIRMINGHAM LIVE 03

3 priest house in the developing suburb of Cradley Heath Cradley Heath The up-and-coming town of Cradley Heath is just 8 miles from the city. It has become a popular location to commute into Birmingham, making this a wise choice for property investors. The area offers a mixture of great schools, beautiful open spaces and relaxed sub-urban atmospheres. This location also benefits from good transport links, low levels of crime and many leisure facilities. TRANSPORT Priest House is situated in Cradley Heath just off the A459 Halesowen Road between Dudley and Halesowen Town Centre. Cradley Heath s railway and bus station are situated together. The railway is on the Birmingham to Worcester line, with regular services between the two. Motorway links are excellent with the M5 approximately 3 miles away allowing for convenient access to the M6, M40 and M42 motorway network. Whilst the prospect of owning a city pad might be appealing, when you compare the ROI to investing in commuter towns, there s no question as to where you ll get more for your money. 05

4 the developer ROY LEDGISTER Roy Ledgister is a qualified barrister with a wealth of commercial and legal experience structuring, advising and being involved in a number of commercial activities over the years, with a proven track record in the property and construction industries. At present he is an Owner Director of Convivia Group and Chairman of Caridon Group, having developed in excess of 150million worth of conversions in the UK, consisting of studio, 1 & 2 bed apartments. CONVIVIA GROUP LIMITED Convivia Group offer superior construction materials and services to the industry at unbeatable prices and lead times, via exclusive supplier relationships emanating from the Balkans. In addition to this, they supply high quality windows and curtain walls, offering an end to end installation service throughout the UK. CARIDON GROUP LIMITED The Caridon Group provide exceptional, end to end residential property solutions throughout the UK. An independent property specialist with the expertise and capability to deliver a diverse portfolio of services through subsidiary companies: Caridon Holdings, Caridon Developments, Caridon property and Caridon Landlord solutions. To date, 631 apartments have been delivered with an additional 603 apartments schedule for completion across the next 12 months. Delivering exceptional, end to end residential property solutions 07

5 the apartments The apartments have been thoughtfully designed to make wonderful homes, with their fully residential design offering rental market versatility. With local demand consisting of young professionals, students and tourists, the income potential of these apartments is very attractive. SPECIFICATIONS s Premium white high gloss lacquer finish units with soft closing doors Square-edged work surfaces with porcelain tile splash backs A+ high quality integrated appliances for maximum efficiency and performance Stainless steel sink unit with mixer tap Integrated LED track lighting under wall units Stainless steel extractor fan Floor Finishes Superior wood engineered flooring throughout hallway, kitchen, living area and bedrooms Porcelain tiling throughout bathrooms and en-suites Wall & Ceiling Finishes Three coats of high quality white matt emulsion to walls and ceiling throughout THE APARTMENTS The apartments at Priest House cater to the higher end of the private rental and residential market. Both one bedroom and two bedroom apartments provide ample room with spacious living rooms, well-appointed kitchens and comfortable bedrooms. The design scheme consists of white, grey and light tones creating an airy atmosphere. In addition, wood and tile flooring and highgrade materials throughout project a truly premium look and feel to the apartments. 1 BEDROOM The one bedroom apartments are large and would be ideal for single professionals or young couples. 9 units available Price from 84,950 2 BEDROOM The two bedroom apartments all have double bedrooms, enabling tenants sharing to split the rent. 12 units available Price from 94,950 s & En-Suites Contemporary design-led white sanitary ware Chrome fittings Fixed shower head and hand held shower attachment Porcelain tiles throughout Heated towel rail Ventilation fan Electrical/Security Latest LED technology downlighting Dali lighting control in living area Smart connection points in living area including speakers with Bluetooth connection and additional connection in the kitchen and bedrooms Vimar light switches and sockets throughout Secure residents entrances Automated door entry system with video link Joinery Decco PVC triple-glazed windows Solid wood frame internal doors 09

6 FIRST FLOOR PLAN Flat m² ft² Flat m² ft² Flat 3 first floor Flat m² ft² / Room m² ft² / Flat 1 1 bedroom sq.ft / 31.8m 2 84,950 Flat 2 1 bedroom sq.ft / 34.1m 2 91,950 Flat 3 2 bedroom sq.ft / 42.8m 2 114,950 W/C Flat 4 2 bedroom sq.ft / 50.5m 2 124,950 Flat 5 1 bedroom sq.ft / 35.1m 2 93,950 Flat m² ft² Flat 6 2 bedroom sq.ft / 47.5m 2 124,950 Flat 7 2 bedroom 365 sq.ft / 33.9m 2 94,950 The pictures in this brochure are interior stock photographs and 3D renders of the apartments and are shown for illustrative purposes only. Flat m² ft² Flat m² ft² / / 11

7 SECOND FLOOR PLAN Flat m² ft² Flat m² ft² Bath Flat 10 second floor Flat m² ft² / m² ft² / Flat 8 1 bedroom sq.ft / 31.8m 2 84,950 Flat 9 1 bedroom sq.ft / 34.1m 2 91,950 Flat 10 2 bedroom sq.ft / 42.8m 2 114,950 W/C Flat 11 2 bedroom sq.ft / 50.5m 2 124,950 Flat 12 1 bedroom sq.ft / 35.1m 2 93,950 Flat m² ft² Flat 13 2 bedroom sq.ft / 47.5m 2 124,950 Flat 14 2 bedroom 365 sq.ft / 33.9m 2 94,950 The pictures in this brochure are interior stock photographs and 3D renders of the apartments and are shown for illustrative purposes only. Flat m² ft² Flat m² ft² / / 13

8 THIRD FLOOR PLAN Flat m² ft² Flat m² ft² Flat 17 third floor Flat m² ft² / m² ft² / Flat 15 1 bedroom sq.ft / 31.8m 2 84,950 Flat 16 1 bedroom sq.ft / 34.1m 2 91,950 Flat 17 2 bedroom sq.ft / 42.8m 2 114,950 W/C Flat 18 2 bedroom sq.ft / 50.5m 2 124,950 Flat 19 1 bedroom sq.ft / 35.1m 2 93,950 Flat m² ft² Flat 20 2 bedroom sq.ft / 47.5m 2 124,950 Flat 21 2 bedroom 365 sq.ft / 33.9m 2 94,950 The pictures in this brochure are interior stock photographs and 3D renders of the apartments and are shown for illustrative purposes only. Flat m² ft² Flat m² ft² / / 15

9 7% NET Rental Return Guaranteed for 1 Year We have a clear and transparent purchase process, our investment consultants are available to assist you through each step A FULLY MANAGED HANDS-OFF INVESTMENT With high-end accommodation and attractive prices the apartments at Priest House represent an excellent investment. Our team of specialist advisors will assist you through the investment process from initial enquiry through to the completion and tenanting of the property. We are more than happy to show potential buyers and interested investors around the site, introduce them to the projects developer and answer any queries that may arise during the process. We are anticipating incredibly high demand for this project so we advise you to get in touch with us as soon as possible to avoid disappointment. PURCHASE PROCESS 1. Choose an apartment to buy 2. Pay a 5,000 reservation fee 3. Instruct solicitors 4. Transfer 35% of the funds on exchange (within 28 days) 5. Transfer 15% stage payment plus Furniture Pack 3-months from construction start. This payment is due on 1st December. 6. Transfer balance, minus the reservation fee on completion. 17

10 For further details and to arrange a private viewing contact us today