London - Sir John Lyon House
London is one of the financial capitals of the world and currently has the highest average salary level in the UK. Last year saw the return of large 'City' bonuses with some 3000 brokers earning bonuses approaching £1m !!
The annual price growth in prime central London is now at its highest level since June 1988. As of October annualised price growth is currently at 24.8% and I expected to break the 25% barrier by the end of 2006.
Reports of chronic supply shortages have been a persistant feature in the market for over 12 months and the number of potential purchasers has simultaneously risen strongly.
London hosts the Olympic Games in 2012. Properties in the Eastern section of the city will benefit from a further boost as the largest Global Sporting Event approaches.
Average prices of prime London property to rent have risen aggresively to reach record levels, up 9.3%. This has been primarliy driven by the central London rental market which has witnessed average rental price increases of 10% on 2005. Rents for one bedroom flats in London have risen more than anywhere else in the country of the last year London has a very strong graduate population driving the rental sector. 17.6% of all UK graduates move to London in search of work.
Sir John Lyon House offers a rare opportunity to purchase one of a selection of 48 studio and one-bedroomed apartments in a contemporary new build development situtated in the Square Mile. The Square Mile, otherwise known as the 'City of London' is Europe's largest business districts.
The development offers:
- 48 studio and one-bedroomed apartments in the heart of London City ; Only 10 remain.
- Convenient proximity to a host of amenities as well to a variety of transport networks
- A completion date of September 2007
- A perfect opportunity for Investors and Owner Occupiers alike
Birmingham - Development Of One and Two Bedroomed Apartments
Birmingham is the UK's second largest conurbation after London and one of the biggest cities in Europe. The population of Birmingham city is just over 1 million, growing to in excess of 3 million within the Greater Birmingham area.
Birmingham, famous for its engineering, manufacturing and distribution is also home to two large Universities. The city has fostered a visionary and entrepreneurial approach, not merely adapting to trends, but actually driving change. Along with its large population and central location these factors have combined to great a general feel good factor within the city and excellent future economic prospects.
Birmingham city centre regeneration has been a classic example to all city planners, resulting in strong economic growth. This growth as mentioned is set to continue and will be supported by the further investment of £1 billion to be spent on West Midlands development between 2005 and 2008.
Research from the Halifax into price rises in the university towns of the UK revealed that prices within these towns increased at a much greater rate in relation to average prices in the market. In general the northern cities and towns outperformed those in the South with Birmingham achieving 108%, growth well above the national average.
The rental market is very strong. With property prices remaining competitive, yields are attractive.
Our high quality developments offer the opportunity to purchase prime location property in a rapidly developing city and recognised attractive investment centre. The developments are located within close proximity to the well know Bull Ring shopping centre, New Street Railway Station, Broad Street, the National Indoor Arena, the International Convention Centre, the Symphony Hall and the Rep Theatre.
The development offers:
- A number of one and two-bedroomed apartments in the heart of Birmingham
- Convenient proximity to a host of amenities as well to a variety of transport networks
- The latest in city living, finished to a very high specification
- A very strong rental market in a vibrant city
- If you have any other questions or if we can be of any further assistance please do not hesitate to contact us.
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