Co-organised by The Standard and Sing Tao The Standard Overseas Property Online, the Overseas Property Facebook Live gathers insights from industry professionals and introduces outstanding property projects from top markets around the world.
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In the last episode of Overseas Property FB live held yesterday, Cubie Chan, Managing Director of Swan Knights Limited, shared her views on the UK property market and introduced Affinity Living Lancaster Wharf, Birmingham, UK.
Birmingham, the second largest city in the UK, is a hub of culture and innovation and the business center of the UK's West Midlands area. It is also the largest economy in the UK outside of London. Many Hong Kong residents are drawn to Birmingham for its familiar roots and community.
Currently, the UK government is undertaking ambitious and far-reaching development projects in Birmingham, including ‘The Big City Plan’ and ‘Snow Hill Masterplan’. With a vast array of regeneration programs, Birmingham amasses both well-established business and emerging sectors and industries. “Investors can capitalize on the unparalleled investment opportunities arising from the dynamic regeneration in Birmingham,” Chan notes.
Chan recommends taking a look at Affinity Living Lancaster Wharf, which is Affinity Living’s 5th city center development to launch. With a total of 266 premium one and two-bedroom apartments, ranging in size from 468 to 1,017 square feet, these units are impeccably designed in a contemporary style, allowing residents to indulge in the serene views of the iconic Birmingham and Fazeley Canal.
Its developer, Select Property Group, is an expert in the UK property market and boasts a successful record of healthy returns in the UK’s strongest property sectors. In line with the brand’s focus on prime location, modern design and premium amenities, Lancaster Wharf is a rare gem, set to provide a living experience unmatched anywhere else in the city.
This salubrious residence is where nature blends with modern sophistication and convenience, an especially attractive proposition for young professionals and families.
Located on the water’s edge of the Birmingham canal and built under the idea of “a 15-minute-community”, Lancaster Wharf enjoys close proximity to Snow Hill Station, one of the three main city-center railway stations in Birmingham. Snow Hill Station is akin to Hong Kong’s Central station, with its easy access to the main shopping centers - Bullring, Grand Central and the Colmore Business District, enabling residents to shop to their heart’s content.
The property is well-served by distinctive amenities such as state-of-the-art gymnasium, rooftop terrace, residents & TV lounge and a design-led co-working space for those working from home and want a quiet and comfortable space for meetings. Residents can literally embrace nature when meandering along the path in the secluded waterfront garden courtyard.
The breadth of schooling options of every age group and academic ability is exceptional. Leading Universities including Newman University, University College Birmingham, Aston University Birmingham, and more, are within easy reach.
Prices for 1-bedroom apartments start from £237,000. Ground rent is exempted, providing investors with a lower barrier to entry and high flexibility for resale. Lancaster Wharf is expecting a staggering 5-5.5% rental yield. The 266 apartments come with a 999-year leasehold; the estimated completion of the apartment will be from Q2 2024.
Swan Knights’ physical store in Causeway Bay offers one-to-one consultations on 28 and 29 May from 2:30pm to 4:30pm for buyers who want more details about this exciting new development.
