Property Developer and consultants, Regency Residential has announced that they will be launching a new residential development. The project is located in the Kings Heath area of Birmingham and will deliver 32 deluxe one and two bedroomed apartments.

These new apartments will measure between 510 sq. ft. and 721 sq. ft. and will be available for £135,000. The Kings heath area is a 10-minute drive away from Birmingham City Centre and has good transport links into the city, operating every day.  The apartments will be finished to the highest standard, with fully fitted kitchen and bathroom. As an added security feature there will also be video door entry intercom system for each apartment.

This development will be ideal for home-seekers as well as investors, due to its location in a urban village feeling area, with a range of independent boutique shops, an organic café culture, and near to Birmingham City Centre and a range of popular student areas.

It is thought that the project will complete in spring 2018, and will be a great new addition to the area already popular with young professionals. In terms of viewing the apartments as an investment, it is thought that the apartments will be able to offer annual yields of around 6%, a very attractive investment. There is no doubt that these apartments will sell out fast.

The deluxe property project has been overseen by Regency Residential, a Manchester based company operating as a part of the MCR Property Group. The business prides itself on being involved in all stages of the project. This means that the company is on hand through the identifying, choosing, planning and development process for each project. The company launched earlier this year and has so far been involved in a range of development schemes over the course of 2017 so far.