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Property for sale information

 
BIRMINGHAM CITY CENTRE, JEWELERY QUARTER THE EXCHANGE  
Reference nr: MG294511
Description:

A rare opportunity to invest in Birmingham – now one of the UK’s most desirable places to work, study and live. There is a constantly growing market for property to buy and property to rent in Birmingham and The Exchange, located in the fashionable Jewellery Quarter, is perfectly placed to take advantage of this demand.

Effortlessly combining old and new, The Exchange offers a Grade II listed Victorian façade, behind which you will find every ‘mod con’. With a great selection of bars, restaurants and shops on the doorstep, and with the city centre hotspots within easy reach, this is a highly sought-after area.

With strong capital growth potential and rental incomes steadily sustainable via demand from local hospital staff, university lecturers and urban professionals, The Exchange is an investment not to be missed.

Birmingham is a world class conference city – and with shows and exhibitions at the NEC throughout the year, the city is enriched with an assortment of accents and languages in the bars and restaurants around town. In turn, such multi-culturalism has ensured Birmingham has become shaped by a variety of influences and ethnicity, each combining to create a unique city experience. Without doubt, Birmingham is the UK’s most integrated city.

Those who wish to escape the hustle and bustle of city life can head for the 8,000 acres of parkland. These areas include Sutton Park, the largest urban nature reserve in Europe, and Birmingham’s Botanical Gardens with its conservatory and bandstand.

Since 1995, the average property price in Birmingham has increased by 184.8% and since 2000 Birminghams’ house price index has consistently increased at a rate faster than that of England and Wales as a whole.

Birmingham Airport is the 6th busiest in Europe and is undertaking massive redevelopment up until 2030, including improvements ahead of the 2012 London Olympics.


To find out more information please call 1890 350 350

Bedrooms: Bathrooms: Price (€):
1 1 215,000
2 2 283,000
3 1 440,000
Features:
City
Submission Date:
08-01-2007
Last Update:
08-01-2007
Advertiser Details:


Name:
Martin Godfrey

Company:
Imagine Homes

Phone:
0044 845 812 1000
Fax:

Mobile:
0044 845 812 1000

 
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Calculators

 
Property price: €215,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations