Galliard Homes – in partnership with Apsley House Capital – is delighted to present Timber Yard, the group’s latest regeneration project, situated in the heart of one of the UK’s most exciting cities: Birmingham.
Timber Yard, a 1.58-acre site located in the city’s Southside district, will feature 379 residential units comprising a mixture of studio, one, two and three bedroom apartments.
Taking its name from the area’s 18th century residencies of a timber yard and joinery factory, the new development will embrace all aspects of 21st century, modern city-living.
Modern Living with Exclusive Facilities and Exhilarating Views
Combining comfort with a stylish design, each property will boast matt white walls, complemented by chic, oak plank-style flooring throughout the principal living areas, which will provide residents with a blank canvas to personalise accordingly.
The bathrooms and shower rooms are designed to exude sophistication and purity, with white marbled porcelain tiling, while all bedrooms will feature grey carpeting. In addition to sleek interiors, a main feature of each property will be the designer kitchen, which will include fully integrated, top-of-the-range electric appliances.
A number of properties at Timber Yard will feature a private balcony or terrace, whilst all residents will have access to a winter garden. In addition to communal landscaped courtyard gardens and extraordinary views of Birmingham’s bustling city centre from the upper levels, residents will also enjoy access to exclusive leisure facilities such as a private, fully-equipped gymnasium, a club lounge, a screening room and a concierge desk (all subject to planning and finalisation).
The multi-use site, designed by award-winning Claridge Architects, will encompass 10,000 sq. ft. of retail and leisure space at ground level and will be only three minutes’ walk from Birmingham’s renowned Chinese Quarter and the iconic Bullring shopping centre.
Birmingham: A Desirable Location with Rewarding Yields
Widely referred to as the UK’s ‘second capital’, in 2016 the BBC reported that over 6,000 people had moved from London to Birmingham in the previous year, making it the most popular destination for those relocating outside of the capital.
House prices in Birmingham have risen by over the last year and 30% over the past five years according to Savills research. Combine this with the prediction that the rental market in the area is set to grow by 17% over the next three years and it comes as no surprise that the area has become such a popular location for investment and relocation.
Timber Yard, selling off-plan from £199,000, will provide yields as high as 4.8% – presenting a fantastic investment opportunity for Buy-to-Let investors. Meanwhile, HS2 will provide scope for lucrative capital growth for first-time buyers looking to get on the property ladder by the time it is up and running in 2026.
To find out more about investment opportunities at Timber Yard click here or call 020 7620 1500 to speak to our sales team.