5 Reasons to Invest
- Cannock, West Midlands
- Close to Birmingham
- Over 65% Return on Investment
- Newly Completed
- Exclusive prices for Choices Investments clients
Find out more from Steve Cubitt, Investments Director, by clicking play below.
Choices Investments are pleased to present a limited number of one & two bedroom new build apartments situated in Cannock, West Midlands with exclusive prices for our clients.
Choices Investments have negotiated a 14% discount on these properties meaning the potential ROI after year one is over 65%.
The apartments are leasehold and come with new 250 year leases with low ground rents and service charges estimated at just £0.73 per square foot. Ground rents are reviewed in line with RPI every 10 years.
The properties benefit from flooring, oven, hob, extractor, washing machine and fridge freezer included in the price.
We anticipate strong demand for these properties and investors are advised to register their interest as quickly as possible.
Cannock is a town with a population of 29,000, around 20 miles north of Birmingham. Properties in the Cannock Chase local authority have increased 7.2% – higher than the national average of 5.7% and Birmingham’s growth of 6.3%.
Birmingham is a city on the move and is grasping its opportunity to become the UK’s economic centre. With two HS2 stations being built in Birmingham – in the city centre and Solihull – a number of major regeneration projects are already underway including commercial development and more housing. In the 12 months to September 2017, investment into Birmingham property had reached £1.1bn. Around 30% of property purchases are from overseas investors.
As a city, despite having the largest population other than London, the amount of housing is far below the level that it needs to be meaning investors that are wise enough to invest now will benefit from extended periods of growth throughout the region.
Recent news articles show the benefits of investing in the West Midlands:
- Property rents falling in London but still rising in the West Midlands
- West Midlands tops monthly average rent price growth
- West Midlands secures massive technology investment boost
- West Midlands has third highest capital growth in UK in 2017
- Midlands sees fastest house price rises