“Birmingham is a great place to invest in property at the moment,” says Stuart Eustace of Knight Frank. “This year will see the completion of New Street station and the extension of the Midland Metro system, both of which will make the city much better connected. Additionally, the new 250,000 sq ft John Lewis will open its doors, meaning Birmingham will be the only city outside of London to have a John Lewis, Selfridges and Harvey Nichols.”
Eustace concurs with a recent report from PwC and the Urban Land Institute, which revealed that Birmingham is now the UK’s most attractive city for investment. He adds: “These improvements, as well as the ongoing city centre regeneration and ever-increasing investment from national and global companies, means demand for property in Birmingham city centre (and the suburbs) is on the rise.”
Will Marshall-Murray of agent Fine & Country in Solihull says: “The property market in the West Midlands has certainly picked up over the last couple of years. Smaller developers have benefitted from changes to planning regulations, so we will be seeing more bespoke new-build property from the smaller, more exclusive developers coming on to the market soon.
“A large number of buyers from London and the Home Counties are moving to the Midlands and are specifically looking for properties in the upper quartile of the market.”
Barratt Homes – Dukes Park, Bilston
This development, located on Constantine Way, features a range of three- and four-bedroom homes, including the ‘Ramsbury’ view home which is priced from £174,950. Overall, prices range from £163,950 to £184,950.
The view home is spaciously laid out over three floors; the ground floor of this mid-terrace home comprises a utility, study or third bedroom depending on your requirements, a shower room and integral garage. On the first floor you'll find an open-plan living and dining area with Juliette balcony and a kitchen with family breakfast area. The second floor boasts two double bedrooms, both with modern en suite.
Katie Yates, sales manager for Barratt Homes West Midlands, said: “We’d encourage buyers to visit our sales centre and speak with one of our friendly and knowledgeable sales advisers who will be able to advise them on a number of options available to them, including Help to Buy.”
Find out more at www.barratthomes.co.uk/dukespark ; 0844 811 9933
Bellway Homes – Castle Oak, Solihull
Bellway has kick-started the latest phase of regeneration in North Solihull by starting work on a development of 26 homes. The first three-bedroom homes at Castle Oak were released for sale at the beginning of April.
The development is Bellway’s latest contribution as part of the North Solihull Partnership, the group which has spearheaded the regeneration of the area.
Sales and marketing director for Bellway, Stephen Rose, said Castle Oak would play an important role in the regeneration: “We have been involved in the North Solihull Partnership for almost ten years now and we are excited to be embarking on a new phase of work. We secured planning consent for four new developments in North Solihull at the end of last year and Castle Oak is the first to be built.”
To find out more visit www.bellway.co.uk ; 07805 745 878
Ravenshaw Court benefits from the stunning village location of Dorridge and comprises 51 one- and two-bedroom apartments, with prices starting from £249,950.
As well as offering strong transport links to the wider Midlands from Dorridge, Ravenshaw Court is also conveniently located for a range of local attractions, including Bentley Heath shopping centre just a short walk away.
Facilities at Ravenshaw Court include a stunning homeowners’ lounge ideal for socialising with friends, beautifully landscaped gardens in which to relax and a guest suite should homeowners have friends or relatives to stay.
Find out more at www.mccarthyandstone.co.uk ; 0800 201 4811
Lovell – Eden Valley, Walsall
Lovell has just unveiled its first show home at Eden Valley – a stylish development offering a selection of two- and three-bedroom homes, priced from £124,950, just over a mile from Walsall’s bustling town centre.
The development offers buyers the chance to move into a brand-new home in an established community, ideally placed for the town centre and with ready access to the wider area thanks to superb transport links.
Four rail stations provide direct travel to Birmingham New Street, while Walsall’s main rail station is only a mile away and junction 10 of the M6 is within three miles.
Find out more at lovellnewhomes.co.uk ; 01922 460 313
Redrow – Chestnut Walk, Bilston
Four years after the first homes went on sale at Chestnut Walk, the development has blossomed into a well-established neighbourhood. There are now just a few properties available in the original development and Redrow has just released an additional new phase of 35 homes, including apartments.
Prices start from £102,995 for a one-bedroom apartment and, with the aid of Help to Buy, the initial cost could be as little as £82,396.
Pauline Turnbull, sales director for Redrow Homes (Midlands), says: “We’ve really transformed what was once the site of an iron and steel works, breathing new life into the area and providing much needed new homes.”
Find out more at www.redrow.co.uk/chestnut ; 01902 276900