Why Invest in a 1-Bed Apartment in Birmingham?
When it comes to finding a prime Buy-to-Let opportunity in Birmingham, a 1-bed apartment can be incredibly versatile. Appealing to both single occupants and couples, 1-bed apartments in city-centre locations are also extremely popular with graduates and young professionals.
For investors, a 1-bed apartment in Birmingham is an affordable entry point into the market that will likely drive consistent demand.
With a strong university base, Birmingham’s 46% graduate retention rate means the graduates of today often turn into the rising young professionals of tomorrow. With this demographic accounting for 40% of the city’s overall population, 1-bed apartments are a key asset amongst wider investment opportunities in Birmingham.
Featured Development
Lockside Wharf
Birmingham
Stunning Off-Plan Investment Opportunity
- Off-plan apartments – estimated completion 2023
- City-centre location just 3 minutes from Brindleyplace
- Unique waterfront living in Birmingham
- 24.5% price growth expected by 2026 (JLL)
- Top location for London leavers – forecasting yields above 5%
Prices From
£299,950
Off-Plan Apartments for Sale in Birmingham
Off-Plan apartments around Birmingham are often a go-to for investors that want consistent rental returns at the heart of a thriving city centre. Birmingham is incredibly affordable compared to property prices in the South and remains a hotspot for demand, meaning it typically offers better rental yields.
When we also consider the fact that rises have risen by £77,000 over the last decade, it’s clear why property investment opportunities in Birmingham are popular.
At the same time, expert forecasts suggest that Birmingham property could rise in value by 24% by 2025 – meaning off-plan apartments for sale in Birmingham have the potential to see exceptional growth before they even complete.
Investors should also remember that predictions suggest Birmingham Buy-to-Let property could see rental prices rise by 12% during the same period. If both income streams see a positive increase at the same time, the return on investment would be immediately maximised.
Future Growth of Buy-to-Let Property around Birmingham
Birmingham is in the midst of its biggest transformation to date, causing a domino effect across the city. From redeveloping key hotspots across the centre, to preparations for the 2022 Commonwealth Games, the city is very much in its infancy.
This growing landscape is bringing with it a wealth of possibilities. The city’s business district has already expanded with many international companies, paving the way for more businesses and young professionals while boosting the potential of Birmingham buy-to-let properties.
With HS2 soon set to strengthen the second city’s reputation as a well-rounded UK hotspot, Birmingham will lead the way via world-class transport links, jobs in globally recognised brands and exceptional investment opportunities. With the population set to reach 1,240,000, the demand for premium living quarters will only strengthen 1-bed buy-to-let property investments in Birmingham.