Birmingham, a major UK city located in the West Midlands region, has a population of over 1 million, making it the second most populated city in the UK. The metropolitan borough, which has some of the most sought after postcodes, is also one of the country’s biggest financial centres.
There are numerous opportunities for both individuals and companies alike looking to expand or invest in Birmingham and the major city has great transport connections to both local and international destinations.
Among the UK’s fastest growing centres for digital media ventures, and once referred to as a “seething cauldron of musical activity”, Birmingham has long had a reputation as a hub for creative industries. The city is home to world-class artistic institutions such as The Royal Ballet Company and Symphony Hall, and benefits from the £80 million that is invested annually into the arts.
In the past 5 years, Birmingham’s £24 billion economy has seen a growth rate of an astonishing 19%, making it one of the largest city economies in the UK today. There is a huge and growing demand for purpose built and privately rented accommodation in Birmingham due to the substantial student population that derives from the 5 Birmingham-based universities.
The young and diverse population of the major UK city are passionate about working alongside creative institutions to design, manufacture and engineer and produce innovative technologies and enhance the digital industries in Birmingham. Combined with the strong growth in international tourism, Birmingham gives investors numerous different attractive investment opportunities for both capital appreciation and rental returns.
"This contemporary new residential development is perfectly located for young professionals to enjoy everything Birmingham has to offer."
Westminster Works is comprised of 220 stylish apartments that span across the 7 storey development. Located in Digbeth, each one-bedroom or two-bedroom open plan apartment will be completed with chic and sophisticated furnishings and fixtures, whilst some units will benefit from the stunning views when overlooking the private residential courtyard area.
Westminster Works is also located just 1 kilometre from Birmingham New Street, which makes travelling in and around the city as quick and easy as possible. Digbeth has undergone major regeneration schemes in recent years, with more initiatives set to continue in the coming months.
Westminster Works onsite amenities also include a concierge, 24/7 security, communal courtyard, community events, car parks and cycle storage.
There are two types of Westminster Works developments available – a 460 square-foot one-bedroom apartment for £173,441 and the 634 square-foot two-bedroom apartment for £217,209. The stunning development is perfect for both young professionals and students seeking luxury accommodation alike. All units are set for completion in Q1 2021.
For more information on Westminster Works or on property investment in Birmingham, please contact Hopwood House.
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