Severn House is a contemporary selection of 30 one- and two-bedroom city centre apartments, located next to the Mailbox – Birmingham’s premier luxury shopping and lifestyle destination.
With its highly sought after B1 postcode, the development is in a diverse and vibrant part of the city centre. The picturesque and historic canal offers quick and easy walking and cycle routes to the rest of the city, as well as connecting other areas such as The University of Birmingham and Edgbaston.
Apartments are available to investors on a 24-month payment plan, requiring an initial payment of just 5%, with the remaining deposit split across the number of build term months.
The Prosperity Group was born out of a passion to deliver affordable, desirable homes and buy-to-let opportunities to a global audience.
Energised by the sheer wealth of opportunity in the region, Prosperity Developments has already made its mark on its home city of Birmingham and surrounding provinces, with numerous developments built and completed since 2007.
Their residential and commercial portfolio includes 36 substantial new build and conversion projects with a GDV of over £300 million. Furthermore, they are on-track to deliver over £1 billion of residential property within the next 5 years.
Birmingham is the UK’s largest city outside London and one of the youngest in Europe, with 40% of its population under 25. Located in the heart of the UK, 90% of the population can drive to Birmingham in under four hours.
With the highest quality of life in the UK after London – but with a cost of living that is 60% less – Birmingham is expected to see rapid growth over the next few years. The average price per square foot in Birmingham is expected to increase from £242 to £500 by 2020 in the city’s highest quality developments, making it a prime location for property investment.