£249,995
Southside Residences
- 0 beds
£249,995
- 0 beds
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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Southside Residences - Overview
Pure Investor are delighted to present Southside Residences, a striking modern development, ideally situated in the popular Chinese district of Birmingham.
Southside Residencies is a boutique development of 116 contemporary apartments in bustling Southside, a district of central Birmingham filled with rich multi-cultural heritage.
This renowned cultural quarter is home to some of the most talked about names in the arts and theatre world (Birmingham Royal Ballet, The Hippodrome), along with a wide array of bars and restaurants, artisan retailers and independent businesses
Key Investment Highlight
The properties at Southside Residences have proven hugely popular with investors due to their unique 'investor friendly' payment plan, which allows investors to pay for the deposit (exchange funds) on a monthly basis for 30 months. This lowers construction risk, and allows investors to purchase properties with a lower capital deposit upfront.
Purchase Process
- 5% Reservation Deposit (of the purchase price)
- £900 Legal’s conveyancing (excluding searches and disbursements)
- 25% deposit paid over 30 x monthly instalments
- Investors receive development updates every quarter.
- 70% LTV upon completion arranged by Prosperity.
Your estimated purchase costs
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Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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