Regency Residential, the property developer and consultancy company has announced that they will be launching a new residential development that will deliver a wide range of affordable luxury homes to Kings Heath.
The property developer will be working on Fifteen The High Street, which contains 32 deluxe one and two bedroomed apartments that will be available for purchase from as low as £135,000. The homes that are being created by the developer are considered to be an attractive investment for those who are home-seekers as well as investors. It is thought that these apartments will be able to offer annual yields of as much as 6%, great news for those wanting to invest.
The development is expected to be completed by Spring 2018 and will offer between 510 sq. ft. and 721 sq. ft. of space. The development is taking place in an area that has become popular with young professionals. The Kings Heath area is well known for its urban village atmosphere while also offering a large variety of independent boutiques as well as an organic café culture. The area is located a 10-minute drive away from Birmingham City Centre and also has a regular bus route into the city that is in operation seven days a week.
Each of the one and two bedroomed apartments will be completed to the highest possible standard, and no doubt will be snapped up quickly. Each of the apartments will feature a fully fitted kitchen and bathroom. There will also be a video door entry intercom system installed in order to offer that extra level of security.
Regency Residential is a property consultancy and advisory firm that operates out of Manchester. The company is a part of the MCR Property Group which is directly involved with each stage of the development process, this means identifying, choosing, planning and development of each site. It is great news for the company that they have the opportunity to get involved with a project being carried out in such a vibrant community, well-connected to Birmingham City Centre and a range of popular student areas.
