CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
Area: | BIRMINGHAM CITY CENTRE, BIRMINGHAM | |||||||
Category: | A | |||||||
Investor Profile | Pension, University, Downshifter, Business and Cash&Equity | |||||||
Population aged 15+: | 738,643 | |||||||
Actual | National Average | |||||||
Percentage Class ABC1: | 39% | 44% | ||||||
Crime: | Violence | Sexual | Burglary | Motor | ||||
Per 1000 population | 23 | 1 | 14 | 11 | ||||
Yield Range: | 6.3% - 12.7% | |||||||
Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||
Flats&maisonettes | 52,000 | 78,000 | 75 | 167 | 7.5% | 11.1% | ||
Terraced | 61,000 | 85,000 | 110 | 207 | 9.3% | 12.7% | ||
Semi-detached | 69,600 | 104,400 | 150 | 250 | 11.2% | 12.4% | ||
Detached | 153,600 | 230,400 | 209 | 282 | 6.3% | 7.0% | ||
Valuations above the national average by: | 0% | |||||||
Actual | National Average | |||||||
Capital growth last 12 months: | 22% | 18% | ||||||
Capital growth last 4 years: | 71% | 74% | ||||||
Large employers in the area: | Jaguar, MG Rover, Cadbury Trebor Bassett, Vodafone, Cap Gemini, BPS Teleperformance and Specialist Computer Holdings | |||||||
Demand For Letting: | Excellent | |||||||
Average void period: | 1 week | |||||||
Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||
Out of 10: | 9 | 5 | 4 | |||||
Summary: | The 2nd capital city of England having seen major investment in the past 5 years – it has to be a good choice. | |||||||
Description: | Birmingham is a progressive and cosmopolitan city. With its roots in the industrial revolution, it is still the powerhouse of the United Kingdom’s manufacturing sector and home to internationally-known companies such as Jaguar, MG Rover and Cadbury Trebor Bassett. Traditional industries remain important to the region’s success, but now, through highly effective diversification, the New Birmingham is a major centre for telecommunications, information technology and the development of knowledge-based industries, with companies such as Vodafone, Cap Gemini, BPS Teleperformance and Specialist Computer Holdings. Companies from across the globe are recognising the advantages of a base at the heart of the UK. Investment by overseas-owned companies in the city is strong, with over 300 companies choosing Birmingham as their preferred location. Birmingham is also Britain’s number one exhibition, conference and event city - having hosted the G8 Conference of world leaders and the Lions International Convention - and, served by Birmingham International Airport, is increasingly a mecca for business and leisure tourism. Twenty-two million business and leisure tourists visit Birmingham each year. New Birmingham, home to the biggest financial and professional services community in the United Kingdom outside London, employing over 60,000 people, is, however, more than just a thriving business city. It is a vibrant, multi-cultural society, currently regenerating itself with spectacular redevelopments in greater Birmingham worth over £11 billion. It is a city where people like to live, work and enthusiastically play. Birmingham is a city with an emphasis on youth - over a third of its population being aged 24 and under. It has a catchment area of over 500,000 people within a 25 mins drive to the city. Economic forecasts predict that between 2001 and 2010, economic growth in Birmingham will accelerate to 2.5% per annum. 74% of the City's employment is now in sectors where job numbers are forecast to increase over the next ten years. The City’s three universities - the University of Birmingham, Aston University and The University of Central England - have a total student population of over 56,000, and a graduate population of over 17,000 an increase of 8.7% and 16.9% respectively over the previous year. Birmingham International Airport is one of the UK’s fastest growing airports, handling 7.8 million passengers in 2001, an increase of nearly 3% over the previous year. This is despite the impact on air travel following recent terrorist attacks. The airport is the 2nd largest UK airport outside London, the 3rd largest for charter traffic, and the UK's 5th largest overall. The airport’s £260 million expansion programme is underway, with the second phase already complete. Facilities will handle a projected 10 million passengers by 2005. Birmingham International Airport has been voted best UK Business Airport 4 times in the past 6 years. | |||||||
Mainline railway station: | 1 hour 45 minutes to London Euston | |||||||
Road Access: | Main access M5, M6 & M40 51 miles south west of Nottingham 5 miles from M6 | |||||||
Local Newspaper | Birmingham Evening Mail 0121 236 3366 | |||||||
Estate Agents: | Name | Address | Tel | Web | ||||
Chamberlains Estate Agents | 343 High Street Birmingham B17 9QL | 0121 427 7442 | www.chamberlains.uk.com | |||||
Judith Hitching | 57 Hewell Road Birmingham B45 8NL | 0121 447 8300 | www.judithhitching.co.uk | |||||
Burchell Edwards | 148 Church Road Birmingham B25 8UT | 0121 783 4494 | www.burchelledwards.com | |||||
Englands Estate Agents | 146 High Street Birmingham B17 9NP | 0121 427 1974 | www.englands.uk.com | |||||
Cooke Rudling & Co | Queensway House 57 Livery Street Birmingham B3 1HA | 0121 212 1701 | ||||||
Andrew Grant Estate Agents | 98 Colmore Row Birmingham B3 2AA | 0121 230 1000 | www.andrew-grant.co.uk | |||||
Letting Agents: | Name | Address | Tel | Web | ||||
Pennycuick Collins | 9 The Square 111, Broad St Birmingham West Midlands B15 1AS | 0121 665 4150 | www.pennycuick.co.uk | |||||
Robert Powell & Co Residential Lettings | 40, George Rd Edgbaston Birmingham West Midlands B15 1PL | 0121 454 3322 | www.robertpowell.co.uk | |||||
Hollier Browne | 1880, Pershore Rd Kings Norton Birmingham West Midlands B30 3AS | 0121 458 7421 | www.hollier-browne.co.uk | |||||
Fishers | 20-24, High St Harborne Birmingham West Midlands B17 9NF | 0121 428 1000 | www.fishers-rental.co.uk | |||||
Scriven & Co | 0121 422 9920 | www.teamprop.co.uk | ||||||
Searchers Letting Agency | 0121 702 2222 | www.searchershomes.co.uk | ||||||
Wolfs | Weekin Works 112-116, Park Hill Rd Harborne Birmingham West Midlands B17 9HD | 0121 428 3232 | www.wolfs.co.uk | |||||
Cottons | 0121 247 2233 | www.cottons.co.uk | ||||||
Curry & Partners | 14, Beeches Walk Sutton Coldfield West Midlands B73 6HN | 0121 354 2079 | ||||||
Bright Willis | 1323, Stratford Rd Birmingham West Midlands B28 9HH | 0121 693 6000 | www.brightwillis.com |