Arcadian, City Centre
Birmingham, UK
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Price
£150,000 - £204,000
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Type
1 & 2 bed apartments
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Offer
5% Net 10 Year independent rental guarantee
Cornerstone Property offers investors seeking safe returns and positive cashflow a 10 Year Rental Guarantee with a 5% net yield per year. The independent guarantee offers a minimum of £75,000 income over the next 10 years to purchasers.
Gallery
Located above Birmingham's hippest shopping and restaurant area, the Arcadian Shopping Centre, this exceptional opportunity provides investors with the security of a 10-year rental guarantee providing a 50% net return over the life of the guarantee.
Safe, structured and sought after, the Arcadian apartments provide high quality bespoke living to the south side of Birmingham city centre. Positioned on top of the Arcadian centre, two raised floors of apartments will provide residents with all the city has to offer. Adjacent to Birmingham's Bull Ring shopping centre, the International Convention Centre, National Sea Life Centre and the financial district known as Brindley Place, this opportunity truly is worth a second look.
Due for completion later this month, you can take control of your investment immediately, providing you with safe capital growth, and a guaranteed income stream in one of the UK's main cities. Birmingham is a growing city with a solid social and economic foundation upon which housing demand is expected to grow by 11% in the next ten years. The city has experience and will continue to lead the development of residential and commercial property growth and investment opportunities.
Example Apartment
Apartment 80, 2 bed with parking, sized 650 sq ft.
| Contract Purchase Price | £204,000.00 |
| Bank Valuation Received | £225,000.00 |
| Instant Equity | £21,000.00 |
| Lending | Up to 90% of Contract Price / 85% LTV |
| Rental income | £102,000 total over 10 year period guaranteed |
Terms
- £3,000 booking fee
- 10% (less booking fee) payable on exchange of contracts, within 14 days of reservation
- Balance of 90% due on completion scheduled for Nov 07
- Should you not proceed to contract stage, the sum of £350 will be deducted from your booking fee to cover administration and legal costs ensued. After exchange of contracts, the deposit of 10% becomes non-refundable
Questions? Enquiries?
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