With 25 years of experience, Residential Estates manage a reputable portfolio of high-yielding buy to let property investments, sales, and lettings.

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OVERVIEW

Situated minutes from Birmingham City centre and within a 1 to 3 mile radius of the 3 main Universities in Birmingham, Bywater House is an ideal location for student accommodation such as this. 

 

There are a combination of 39 self contained, high spec studio and en-suite student apartments. The development is highly secured, with a FOB entry system and 24 hour CCTV in place. There are various amenities in the area, including a post office, several grocery stores, restaurants and fast food outlets around the vicinity as well.

 

Having achieved 100% occupancy in the two years it has been built, this is perfect for those investors looking for an existing build with proven success, that will provide them with an immediate income upon contract completion. Investors will benefit from a 7% net rental yield, guaranteed for 3 years by the experienced management company in place, SLC Property Group. 

 

The development ties in nicely with the new £260 million move Birmingham City University are undergoing, whereby they are combining all of the campuses into two large campuses. One of those will be in Edgbaston, increasing the demand for student accommodation in the area, therefore perfect for Bywater House investors. The move is expected to be completed in 2017, and more information can be found on the following link: http://www.bcu.ac.uk/education/about-us/facilities/move-to-city-south-campus-2017

 

 

Take a closer look in the video below.