BIRMINGHAM NEW HOMES PROPERTY LIST

Transcription

1 BIRMINGHAM NEW HOMES PROPERTY LIST 2018

2 WELCOME As one of the UK s largest and most experienced new homes property consultancies, we are well placed to bring you your perfect new home or investment property. We work with the industry s best house builders and developers so you can be assured of high specifications, outstanding workmanship and great after sales care. As the largest privately owned global property consultancy, Knight Frank is driven by a uniquely personal culture. This culture enables a tailored approach to assisting our clients, drives us to continually strengthen relationships across our network and affords us the agility to stay ahead. We hope this property list will provide you with an exciting flavour of our current new homes opportunities. Kate Horton katep.horton@knightfrank.com

3 THE BANK, TOWER 1, SHEEPCOTE STREET Prices from 147,500 THE BANK, TOWER 2, SHEEPCOTE STREET Prices from 191,000 Show Apartment available to view The Bank Tower 1 offers a range of stylish studio s & 1 bedroom apartments that literally stand out from the crowd, offering some of the best views across the city and the picturesque canal network. Tower 1 will be 21 storey. Help to Buy available soon. Open plan layouts Contemporary designed kitchens Lift Access to all floors Secure entry via Video Entry System Close to the new HSBC offices, new Paradise Birmingham and within a short walking distance to Colmore Business District, Mailbox & Grand Central On-site concierge and shared lounge Canal & City views Luxury 1 & 2 bedroom apartments in Birmingham s tallest residential buidling. Offering unrivalled views accross one of Europe s most vibrant cities. Completion hr on-site concierge service Access to private gym, residents lounge & coffee bar Canal & city views Secure & private green outdoor space Poggenpohl Kitchens with solid Krion worktops Concierge Parking Close to the new HSBC head office at Arena Central, National Indoor Arena, the new Birmingham library, the ICC, Symphony Hall and Victoria Square. Birmingham New Homes 2 Birmingham New Homes 3

4 MOSELEY CENTRAL, ALCESTER ROAD Prices from 134,950 KINGS OAK, HARBORNE Prices from 169,950 Show Apartment available to view Contemporary studios, 1 & 2 bedroom apartments set in the desirable bohemian location of Moseley Village. With many great places to eat and drink and independent retailers, it s a real sense of community and a hive of creativity. Ready to move in Summer Help to Buy* available Parking available on selected plots Lift access to all floors Keslar kitchens, Porcelanosa bathrooms, Neff appliances, Moduleo flooring Close to many independent bars & restaurants and boutique shops. Only 3 miles from Birmingham City centre Moseley private park membership available An exclusive development of 14 luxurious apartments, perfectly located on Harborne High Street, offering its occupants all the amenities and necessities of life at its doorstep. Contemporary high gloss kitchen Bespoke laminate work surfaces Integrated washer/dryer Laminate flooring to hallway, living area and kitchen fitted carpets to bedroom Satellite TV system Covered cycle store Premier 10 year building warranty *Terms and conditions apply Birmingham New Homes 4 Birmingham New Homes 5

5 ST PAUL S SQUARE, BIRMINGHAM Price 399,500 TENNANT STREET LOFTS, BIRMINGHAM Prices from 250,000 Last one remaining St Paul s Square is a luxury development of 6 studio four bedroom apartments and 1 three bedroom townhouse. High quality specification Allocated parking for selected plots Located on St Paul s Square Close to independant bars & restaurants in St Paul s Square and the trendy Jewellery Quarter Within short walking distance to Central Business District An exclusive development of 40 luxury loft style apartments located in the heart of Birmingham. If you are in the market for your very own piece of extraordinary, Tennant Street Lofts is exactly where you want to be. Help to Buy* available Contemporary German kitchens Intergrated washer/dryer Limited parking available at an extra cost Laminate to hallway kitchen and lounge Close to the new HSBC HQ at Arena Central, Paradise, Brindleyplace Ready to move in this year Carpets in all bedrooms *Terms and conditions apply Birmingham New Homes 6 Birmingham New Homes 7

6 THE MANSION HOUSE, EDGBASTON Prices from 499,950 REGAL COURT, OFF BROAD STREET Price on application A stunning conversion of an imposing detached house and adjoining lodge. The Mansion House is an impressive, low-density development set in landscaped grounds. It is located on the corner of Richmond Hill Road and Farquhar Road at the heart of Edgbaston s premier residential district. Individually designed luxury apartments Generous sized reception rooms & kitchens High ceilings throughout with carpeted hallways & bedrooms High quality finishes with solid oak entrance doors, high quailty engineered oak flooring in each reception room Regal Court offers a mix of one and two bedroom modern apartments within a convenient City Centre location. Secure car parking sold at an additional cost on selected properties Lift access to all floors Convenient location to Brindleyplace aswell as the well-known Mailbox and Arena Central Within a 15 minute walk from both New Street and Five Ways train stations Beautifully landscaped grounds Well maintained communal areas Located in Edgbastons upmarket conservation area, close to local amenities Located just off Broad Street Birmingham New Homes 8 Birmingham New Homes 9

7 THE JEWEL COURT, JEWELLERY QUARTER Prices from 230,000 THE LIGHTWELL, CORNWALL STREET Prices from 349,000 Last few remaining Final phase A new build development of 77 one and two bedroom apartments in the heart of one of Birmingham s most sought-after districts. Quality specification Parking spaces available to buy Lift access to all floors Integrated high quality kitchen appliances Security entry system Bathroom suites with ceramic wall & floor tiles Ready for immediate occupation THE FINAL RELEASE An exclusive collection of city centre luxury apartments & penthouses located in the heart of Birmingham s business district. Help to Buy* available Designed by award winning architects High specification as standard Located in the heart of Birmingham s business district Close to many shops, bars & restaurants within the Colmore Business District Walking distance to New Street, Snowhill station and the tram network Ready for occupation Winter 2018 *Terms & Conditions apply Birmingham New Homes 10 Birmingham New Homes 11

8 BURNE JONES HOUSE, BENNETTS HILL Prices from 150,000 THE FITZGERALD, WEST BAR Prices from 157,500 Last one remaining Last one remaining Elegantly designed apartments for sale in Birmingham city centre. Originally built in the 1930 s, Burne Jones House has today been re-invented to provide 30 luxury apartments in Birmingham city centre. Stylish 1 & 2 bed apartments Re invented 1930 s Art Deco landmark building 6% projected rental yields Great Investment Opportunity Close to New Street station, Grand Central & The Bullring Brand new, highly specified, city centre apartments. Luxury living in a league of its own, The Fitzgerald offers a unique opportunity to step onto the property ladder. Show apartment available to view. Help to Buy* available Central location next Sheffield s prestigious 175 million West Bar redevelopment Modern specification Contemporary interiors Projected investment yields up to 6.5% Ready for immediate occupation Ready for occupation early 2018 *Terms & Conditions apply Birmingham New Homes 12 Birmingham New Homes 13

9 SNOW HILL WHARF Price on application ASSAY LOFTS, CHARLOTTE STREET Price on application A development of 32 one & two bedroom apartments & duplexes on the corner of St Paul s Square. Some benefit from a terrace. Contemporary interiors Limited parking available Courtyard Sought after location Within short walking distance to Central Business District Close to the trendy bars & restaurants in the Jewellery Quarter & St Paul s Square A landmark development by St Joseph Homes part of Berkeley Group of companies. Luxury 1, 2 & 3 bedroom apartments set in the heart of the Gun Quarter. Neighbouring the Jewellery Quarter and St Paul s Square, within walking distance to the Central Business District & Snow Hill station. 24hr concierge Residents lounge and cinema room Podium Gardens Canalside location Parking available Residents gym, steam room & sauna Milly Shaw milly.shaw@knightfrank.com Birmingham New Homes 14 Birmingham New Homes 15

10 THE CO-OPERATIVE, COVENTRY, CV1 Price on application THE BEAUCHIEF, SHEFFIELD Prices from 270,000 This luxury new development by award winning EDG Property will be home to 63 enviable one & two bedroom apartments set around the region s first indoor park, exclusively for the use of residents. The Co-Operative is one of the city s most enduring landmarks and now an amazing new residential address with stylish retail, restaurants and cafe bars under the same roof. Bespoke layouts, designer specification & secure entry Residents lounge & Sky garden Residents exercise areas Indoor garden area Only 60 minutes by train to London Close to Coventry & Warwick universities The Beauchief is an exclusive new development of luxury apartments and detached houses located in the highly desirable South West of Sheffield. A statement in luxury living. Spacious open plan living kitchen with Integrated Neff appliances Underfloor heating Original features & high ceilings Allocated underground parking Help to Buy* available and part exchange considered on apartments *Terms & Conditions apply Advantage 10 year guarantee Close to shops, restaurants and supermarkets and well positioned for quality schools and picturesque walks. Within easy reach of Sheffield city centre, Dore train station, the M1 motorway and the Peak District National Park Louise Platts louise.platts@knightfrank.com Birmingham New Homes 16 Birmingham New Homes 17

11 PORT LOOP, BIRMINGHAM Price on application Port Loop is a 43-acre, canal-side site in Birmingham, just 15 mins from the city centre offering 1,150 new homes, retail and leisure spaces. The development will consist of 3 & 4 bedroom modular houses and 1 & 2 bedroom apartments. A neighbourhood for 21st century living. Port Loop Canal system Transport Links - water taxis, canal boating Leisure & Exercise facilities Port Loop Resevoir Communal gardens & allotments Dedicated residential & visitor moorings Hannah Robinson hannah.robinson@knightfrank.com Birmingham New Homes 18 Birmingham New Homes 19

12 OUR RESEARCH CITY CENTRE DEVELOPMENTS 3 2 Jewellery 4 Quarter 6 te Wa A ry 1 Birmingham Midd Ln 7 8 r av 13 em idd RESIDENTIAL RESEARCH lew ay 54 0 lg Small Heath A4 A4 Be Chinese Quarter Gay Village l S t re 9 10 B ri s t o A456 et St ad o Br A4540 leway Bearwood Knight Frank Global Research produces market-leading residential, commercial and agricultural property reports and indices, as well as undertaking bespoke consultancy projects. Our global network of offices, operating in over 50 countries, means we can carry out research virtually anywhere in world. 5 THE BIRMINGHAM REPORT REPORT BIRMINGHAM MARKET UPDATE 2018 Edgbaston Harborne Knight Frank The Birmingham Report THE A4 41 A4 A Moseley A41 Sparkhill 1 Supply of stock coming onto the market remains near record lows but is edging up in some areas, according to the latest market sentiment survey from RICS. However, the scale of the rise is unlikely to ease current supply constraints, which is putting a floor under pricing in many areas. 250, , ,000 Quarterly data 0 450, ,000 Land Registry 300, , , ,000 MARKET UPDATE Birmingham New Homes 20 FORECASTS 2017 The average first-time buyer is paying around 26,000 for a deposit, some 16% of the value of their first home 10% 0% Lowest level of annual price growth -10% Follow Gráinne Source: Macrobond, Nationwide % 1996 For the latest news, views and analysis on the world of prime property, visit our blog or Head of UK Residential Research London 20% 1995 Follow Gráinne 25% Deposit: % of purchase price Interest payments as % of income 20% 15% 10% 5% 0% Source: Knight Frank Research / UK Finance The government has marked bridging the generational gap in the housing market as a key priority, illustrated by the scrapping of stamp duty for first-time buyers who are purchasing a home worth up to 300,000 and the reduction in costs for those buying homes up to 500,000. In the new-build market, around 80% of homes purchased through the Help to Buy 17.5% GRÁINNE GILMORE Highest level of annual price growth 30% First-time buyers: Deposits and repayments 30% Bank of England base rate Annual % change 40% Swap rates, the money market rates that determine fixed-rate mortgage pricing, are already starting to rise on the expectation of an increase, but mortgage rates will remain modest in the short to medium-term. As can be seen from the chart, first-time buyers are now paying an average 16% deposit on a new home, equal to around 26,000, according to data from UK Finance ,000 Source: Macrobond, HMRC, Land Registry Regional range of house price growth, UK GRÁINNE GILMORE Head of UK Residential Research The UK s economic prognosis has improved in recent months, despite elements of political uncertainty. While a quarter point rise would lift the base rate to a nine-year high, interest rates will still be at a record low on a long-term basis, as shown in the chart below. There is an increasing range of mortgages that are designed to bridge the deposit gap for younger buyers by offering up to 95% and even 100% of the value of a new home. However, in a change from the home loans on offer before the Global Financial Crisis of 2008/09, many of these mortgages need to be guaranteed by another party, perhaps a relative with certain levels of capital. 350,000 Source: Nationwide Attention is already turning to the August meeting of the Bank of England s base rate setters. There are expectations that, having held rates steady at 0.5% this month, they will move to raise rates to 0.75% at the end of the summer. The nature of mortgages on offer is also changing. HMRC The annual rate of price growth has slowed to a five-year low of 2%, although annual rates of growth have remained between 2% and 3% over the last 12 months. As ever, there are regional variations, with 4.4% annual growth in the East Midlands, compared to a 1.9% fall in average prices in London. 7. Burne Jones House The Bank of England base rate remains unchanged at 0.5% Number of home sales, UK 50, The Mansion House Average rents rose at an annual rate of 1.1% in April across Great Britain 100, Prime central London rents rose by 1.2% in the three months to May taking the annual change to -0.1% Prime central London prices edged down by 0.3%. The annual change is at -1.2% Economic and housing market update Average house prices, UK Average house prices ticked up by 0.2% in April, taking the annual rate of growth to 2.6% The average price of a UK home has risen to 215,444 a new high, according to the most recent data from Nationwide UK average rents were unchanged in May, with an annual growth rate of 1% Key facts May 2018 Overall transaction levels dipped slightly at the beginning of the year, but as with pricing the regional picture is mixed. In 2017, the number of home sales in the North West, North East, West Midlands and Yorkshire and the Humber was higher than in 2016, whereas in all other regions, the number of transactions decreased Prime central London prices slipped by 0.2% in May, taking the annual change to -1.4% Housing market and economic overview Assay Lofts Key facts June 2018 UK average house prices rose by 0.5% in June, but annual growth slowed to a five year low at 2% 12. Moseley Central Average UK house price growth remains modest, while in prime central London, there is price growth in some areas after more than 18 months of declines. Meanwhile, policy-makers are focused on the intergenerational housing gap. Pricing and transactions remain broadly steady overall, although large regional variations are still evident. In prime London, the number of new buyers registering interest in purchasing a new home continues to climb, although there is caution among both buyers and vendors in some localities The Lightwell 11. Kings Oak 2016 RESIDENTIAL MARKET INSIGHT 2018 THE GENERATION GAP STEADY SUMMER MARKETS St Paul s Square 10. Regal Court FOCUS ON: BIRMINGHAM PARSONS GREEN AND SURROUNDS Snow Hill Wharf UK RESIDENTIAL MARKET UPDATE UK RESIDENTIAL MARKET UPDATE Tennant Street Lofts RESIDENTIAL RESEARCH RESIDENTIAL RESEARCH The Jewel Court RESIDENTIAL RESEARCH The Bank FORECASTS Jan 00 Jan 01 Jan 02 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 Jan Port Loop PIPELINE AND DEVELOPMENT For the latest news, views and analysis on the world of prime property, visit our blog or 15.0% 12.5% 10.0% 7.5% 5.0% 2.5% 0.0% ECONOMIC OUTPERFORMANCE Source: Knight Frank Research / BOE RESIDENTIAL STATISTICS Birmingham New Homes 21

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