The Observatory, Birmingham.
2 Bed Apartments from £154,995
 The Obsevatory is a fantastic new investment property opportunity in an area where the prices of flats has risen by over 20% in the last year. This new development built by George Wimpey Homes in a fantastic location, just a few miles outside Birmingham City Centre.
This new property development is to be built to good specification and as a property rental investment these apartments will be superb as the location - close to the City Centre - will ensure that the rental demand from commuters should be high.
Birmingham has been extensively redeveloped over the past 5 years, with much rebuilding and new property developments. It is now seen as a very desirable area to live in. The Observatory is an excellent opportunity to start or add to an investment property portfolio in a great area without the City Centre price tag
Apartment prices in post code B23 4 between 1995-2005 »
There are 23 units in development and PPI have negotiated a 15.5% discount on this prime location investment property.
Reservation Fee: £2,000
Deposit: 5% on exchange
Average Coverage: 125% (5 % interest rate used for calculation)
Lease: 150 Years
Gr. Rent/Service:
£150 Yearly
Parking:
1 for 1 included
Availability: 27th May 2005 (first come first serve)
Completion Date:
December 2005/January 2006
The Observatory Specification
The Observatory is a well specfied new property development. These are just some of the features:
• External doors are white painted high performance steel faced composite or white PVC-u with brass effect ironmongery, incorporation 3 point security locking
• Internal doors are Ash Veneer with chrome handles
• Skirting and architrave will be chamfered profile in non-shrinking MDF.
• Windows will be white PVC-u with easy clean hinges, locking handles and trickle vents. Window boards will be white painted MDF feature “Juliette” balconies to selected plots
• Kitchens by Symphony, fully integrated with an inset stainless steel single bowl sink with worktops and door fronts to your colour choice. With individual remote switching of kitchen appliances.
• Kitchen Appliances. All kitchens to be fitted with integrated washer/dryer, fridge freezer stainless steel oven, hob and cooker hood.
• Tiling. We provide you with a selection of wall tiles to choose from to complement your Kitchen, Bathroom, En-suite and cloaks where applicable.
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