SCHOLARS QUARTER
JEWELLERY QUARTER, BIRMINGHAM
1 Bed apartments From £245,000
2 Bed apartments From £300,000
YIELDS: UP TO 6% GROSS
20% DEPOSIT REQUIRED
UK INVESTMENT PROPERTY OVERVIEW
Scholar’s Quarter is a UK investment property opportunity, a collection of 100 apartments in the heart of Birmingham’s vibrant historic district, the Jewellery Quarter. Choose from one and two bedroom apartments across six interconnected buildings with lush-planted private residents’ courtyards and views of the city skyline from the top floors.
The JQ has seen rapid population growth increasing by 103.5% between 2001-2011. Today, 68% of its tenants are aged between 18 and 29. Within the neighbourhood over a third of residents walk to work (compared with a city average of 17%), thus showing its popularity as a desirable place to live for working professionals, close to the CBD. It’s also perfectly placed to capitalise on the post-pandemic changed lifestyle choice of desiring a lesser commute time into the office.
JLL has forecasted Birmingham to have the strongest rental growth of any UK city; predicting a 3.5% rise in rents in 2022 and a further 3% rise in 2023 with a 5-year rental growth prediction of 14%.
These figures are underpinned by:
A growing number of corporate relocations to Birmingham including most recently Goldman Sachs and HMRC, the latter alone creating 6,300 professional high earning jobs in the city.
The 2022 Commonwealth Games and its legacy of investment for the city on top of Birmingham’s visitor economy which is worth £5.98bn annually.
HS2 progression, cutting journey times between Birmingham and London to 45 minutes and bringing £724million of investment with it.
Birmingham’s academic reputation; the University of Birmingham is one of the UK’s largest civic universities and most targeted by graduate recruiters. The city is home to five universities in total with a resident student population of 100,000, many of which are foreign students.
PROPERTY DETAILS
COMPLETION DATE: Q4 2023
TENURE: 999 Year Leasehold
BUILDING WARRANTY: ICW 10 Year Warranty
SERVICE CHARGE: £1.60 PSF P.A.
UK PROPERTY FOR INVESTMENT: BIRMINGHAM
24% 5 yEAr growth forecast
-Savills
3.5% rise in rents forecast for 2022
6% growth 2022
JLL
LOCATION
The Jewellery Quarter is one of Birmingham’s top-10 places to live, making Scholars Quarter an attractive property investment opportunity. It’s a vibrant neighbourhood thrumming with cafes, restaurants and retail also within easy walking distance of Birmingham’s main attractions and places of work.
The JQ is a protected area of historical interest and this is reflected in its architecture and streetscapes, a large part of what makes it such a popular place to live. Incredibly, it remains the place where 40% of British jewellery is made, giving it a unique sense of industry.
Savills predicts that Birmingham will be one of the UK’s fastest growing regions forecasting a property price rise of 24% by 2025. Likewise, Birmingham’s growing population, set to hit 1.24million by 2030 is driving demand for quality accommodation in the city, with the advent of HS2 pushing demand further, making Birmingham the epicentre of the UK’s new high-speed network. Hence why, the city remains a top location for investors interested in UK property investment opportunities.
TAKE A WALK
8 minutes - Jewellery Quarter Station
14 minutes - Colmore Business District
14 minutes - Brindley Place
16 minutes - New Street station
26 minutes - Curzon Street (future HS2 station)
RIDE A TRAIN
1hr 21 mins (45 mins HS2) - London
1hr 26 mins (41 mins HS2) - Manchester
1 hr 34 mins - Liverpool
1 hr 58 mins (49 mins HS2) - Leeds
TAKE A VIDEO TOUR
WHY INVEST IN BIRMINGHAM?
THE UK CITY WITH THE FASTEST GROWING PROPERTY MARKET
8% population growth by 2038
High GVA growth rate
Highest inward investment outside of London
A major transport interchange
Growing jobs sector in professional and technical occupations
Vibrant, growing visitor economy
Strong innovation ecosystem; specialists in technology and AI
Strong university presence
Houses required across Birmingham by 2031:28,150 by 2036: 60,900