Introducing our latest Birmingham Development, Southside Residences. Centrally located within the heart of Birmingham’s vibrant theatre and Chinese quarter, Southside Residencies will be home to 116 stylish and spacious one, two and three bed apartments in a desirable location that blurs the boundaries between work, relaxation and play. PRICES FROM £ 264995 with 6% to 7% yields
Available with no lump sum deposit on our monthly payment plan of £1824.96 per month
| Premium city centre location | Predicted yield of 5% | Predicted property price increases of 19.5% by 2025 (JLL) | Rental prices are expected to increase by 12% over the next four years (JLL) | Unique payment plan |

Location – Kent Street, Southside B5

OVERVIEW
The Southside District sits at the heart of Birmingham’s cultural hub and its creative quarter (Digbeth). Stretching from the steps of New Street Station, along Bristol Street and around the impressive new Smithfield development, its home to the iconic Bull Ring Shopping Centre, neighbouring Selfridges as well as a wealth of nightlife and dining from all corners of the world.

With the recent news of Goldman Sachs arrival in the city, demand for commercial and residential have risen significantly. Businesses that work with Goldmans and other Bluechips are taking the view that they need to remain close to their business funnels, not only does this influence Grade A office space take-up in the city, but increases the footfall in the city core of working professionals that require quality accommodation

A quick update on the Birmingham market, which has been voted as JLL’s top city in the UK for both house price and rental growth.

The key drivers have been inner city regeneration. The tram extension is now complete so tenants have a brand new station directly on their doorstep. This provides a link to New Street Station and importantly, HS2.

HSBC’s HQ is now fully operational and HMRC (the UK’s tax department) have signed a 25 year lease for the building next door to house a further 3,600 professionals. The recent big announcement has come from Goldman Sachs who will be opening an office in the city to employ ‘several hundred’ professionals over the coming years. They will join the likes of Deutsche Bank, Deloitte and KPMG who are all very optimistic about the city’s financial future.

Next year we will see the 2022 Commonwealth Games in Birmingham which will further put the city in the international spotlight. As such, we have seen development in the city centre intensify as investors see the opportunity to buy centrally located properties whilst the opportunity still exists. Future projects will simply be located further out and released at higher prices as the value of land increases with high demand. We have seen a number of new developments come to market which have pushed prime values well over £500/ sqft. London developers have joined the playing field as their clients look for higher returns outside of the capital and this is also contributing to house price growth.

We currently see a very good opportunity to benefit from the Smithfield regeneration plan, hailed as a ‘once in a generation opportunity. This is a £1.5bn redevelopment scheme which is the largest of its kind in Birmingham and is shared between the City Council and Lendlease. It will create new retail markets, cultural buildings, offices, public squares and transport links. According to CBRE, property located within 750m of a regeneration scheme of this scale can outperform the wider market by up to 3.6% pa and we have been incredibly fortunate to secure a new development which overlooks the regeneration.

Useful PDFs

E BROCHURE PRICES AND YIELDS FACT SHEET FLOOR PLANS FAQS MAP AND LOCATION BIRMINGHAM MASTER PLAN OVERVIEW CITY PLAN AND FUTURE REPORT THE STATE OF THE UK MARKET 2022