Tameway Plaza, Walsall West
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Tameway Plaza Walsall West Midlands Property Investment
Located in the west midlands town of Walsall, Tameway Plaza is just 8 miles away from Birmingham, and six miles from Wolverhampton.
Tameway Plaza is situated in Walsall’s city centre, close to eateries and transportation hubs. All homes will offer open plan living with oversize windows and hardwood veneer floors, custom built kitchens and stainless steel sockets. These high specifications will make the property attractive to prospective tenants.
Key Figures
£99,995Starting Price
6%Net Yield
Q4 2019Completion Date
Investment Details
Tameway Plaza Walsall West Midlands Property Investment Fundamentals
- Invest from £99,995
- 30% deposit and developer finance
- Within easy reach of Birmingham
- Central Walsall location
- Over 6% gross rental yield predicted
- One-bedroom apartments available
Why invest in Walsall?
Walsall is a thriving historic place that is also the largest industrial town in the west midlands. Due to extensive job creation in the region such as Walsall Manor Hospital and Walsall College, it has become necessary to build new homes to accommodate the growing workforce. This means that it is likely that property in the area will be in high demand.
Walsall is situated just 8 miles away from Birmingham, in the west midlands. Being located only 15 minutes from Birmingham City Centre and towards The Royal Town of Sutton Coldfield which is an incredibly affluent area meaning appreciation will be brilliant on a property like this.
Birmingham is one of the largest financial centres in the UK. As a result of the employment opportunities, Birmingham performs well in terms of graduate retention which is the sixth highest in the UK.
Over the past five years, the average price for property in Birmingham has already increased by 29.46%. City living is becoming increasing unaffordable for those who are just starting out in their careers.
Contact us today to learn about how the ripple effect can positively affect prices in surrounding market towns.
The Numbers
Ground Rent:£250
Number of Units:143 one and two bedroom town centre apartments
Service Charge:£900
Prices:From £99,995
Leasehold:123 years
All homes will offer contemporary open plan living and dining space with oversized windows (where possible) ensuring maximum natural light.
With hardwood veneer floors and stainless steel sockets throughout these high grade specifications combined with custom built kitchens integral appliances and stylish bathroom designs come as standard for prosperity clients, offering a home with style, luxury and comfort.
- Reservation fee
- 30% deposit
- 70% on completion
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