£269,995
Smithfield House
- 1 bed
£269,995
- 1 bed
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Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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Smithfield House - Overview
Pure Investor are delighted to present Smithfield House, an exciting new development consisting of 211 one and two bedroom apartments, ideally located in the thriving creative quarter of Digbeth, Birmingham
Smithfield house is the epitome of modern, luxury living. A modern selection of natural colour schemes, designer fixtures and quality finishes result in apartments that are focused on comfort making them ideal for the modern professional looking to live and work in one of the UK's most exciting cities.
Additionally, the larger Smithfield development project will provide residents of Smithfield House with an array of world class facilities. At its heart will be the new market, festival square and immersive cultural spaces. Furthermore, business and leisure spaces such as hotels, cafes, bars and restaurants will all help create and estimated 8,000 jobs.
Unique 'Investor Friendly' Payment Plan
Key to the appeal of this development is the unique, investor friendly payment plan offered by the developer, allowing buyers to pay the balance of the exchange funds throughout the duration of the construction build.
Clients purchasing on the Smithfield House development are able to reserve a unit with just 5% down as a reservation deposit, with the remaining 30% deposit being paid over 30 monthly instalments during the construction process. With investors looking to maximise security, and minimalise construction risk during the build process, this payment plan has proven to be hugely popular.
Purchase Process
- 5% Reservation Deposit (of the purchase price)
- 30% deposit paid over 30 x monthly instalments.
- Investors receive development updates every quarter.
- 65% LTV upon completion arranged by Prosperity.
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