A stylish new development of contemporary apartments close to the heart of Birmingham is proving a huge hit with investors.
The Edg at Edgbaston is a gated development of 45 two-bedroom luxury apartments from prestigious leading housebuilder Charles Church.
The builder says interest from investors has been so high it has already sold four of the properties – even though the show apartment has yet to open.
Charles Church West Midlands sales director Stephen Cleveley said a combination of great quality, superb location and value-for-money made the apartments particularly attractive to investors.
“These apartments are really well positioned close to the city centre yet also on the edge of Edgbaston. Interest has been extremely high, particularly from people wanting to invest in a buy-to-let.
“Rental prices remain strong in the area and the type of stylish living these apartments offer close to the city centre mean they are particularly attractive to a younger market for whom renting is an attractive option.
“With prices starting from just £134,950, and the quality of work which has gone into the apartments, they are proving a real must-see opportunity.”
Major Mahil, director of lettings agency Belvoir in Birmingham, said The Edg offered a fantastic opportunity to investors – and one they were already snapping up.
“The rental market in the city at the moment is phenomenal. We rented out 51 properties across the city centre in July alone, which is a record. Blue Chip companies are starting to see the city as a real alternative to London because we can offer really competitive prices alongside a great environment in which to do business.
“The Edg is particularly attractive because of its location and the quality of the build. It’s next to Edgbaston which offers some really good schools and excellent facilities, but close enough to the city centre to make commuting straightforward.
“As a result, investment interest in the site has been really strong and we expect that to continue as more of the apartments come on the market.”
Stephen added that the show apartment would open later this month but sales staff were already on site to deal with inquiries.
For more information on The Edg visit www.charleschurch.com or call the on-site sales advisor on 0844 248 1088.