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Property Listings in Birmingham’s New Developments
- Birmingham
Deposit
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Yield
Property Price
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Developing New Spaces for Sales in Birmingham in 2024
In fact, the city is set to deliver over 51,000 new homes by 2031 as part of Birmingham’s Big City Plan. One thing we learned from our own expertise is that you have got to balance your budget—do not get swayed by the shiny extras if it is stretching your pocket.
Let us face it, buying a home is one of the biggest financial decisions you will make, so knowing exactly what you can afford from the start is critical. Many investors think they have a solid grasp on their budget, only to find out later that estate agent fees, mortgage contributions, and all those sneaky extras like building regulations were bigger than expected. It is those kinds of surprises that can throw you off course if you are not prepared.
How Much Can You Afford to Spend on a New Home in Birmingham?
Before you even start viewing properties, grab a coffee, sit down, and run your numbers. Do not just think about the mortgage, but also the hidden costs: legal fees, estate agent commissions, and even stamp duty. For example, stamp duty costs can vary widely but expect to pay around 5% on homes valued above £250,000.
When one of our investors Sarif had looked at homes for sale, he got caught up in the excitement of finding a stunning, south-facing, four-bedroom semi-detached home and then realised he did not account for the deposit or long-term energy bills—hello solar panels.
Most new builds will have lower running costs, though, which is a huge plus. Energy-efficient homes can save you a bundle in the long run. New builds in the UK typically deliver a 52% reduction in energy bills compared to older homes, and if you are after one of those new, sustainable homes with top-notch insulation and energy performance standards, it might be worth spending a little extra upfront. A friend of ours snagged a house that met all the new building regulations, and he swears his energy bills are half what they used to be.
In Birmingham, prices vary widely. Areas like Sutton Coldfield or Edgbaston offer spacious detached family homes, but if you are after a trendy city centre apartment, expect to pay more per square foot, especially in places like Colmore Row or Birmingham Westside.
To clarify further, the average property price in Birmingham is around £238,000, though this may rise to as much as £300,000. However, securing this amount is not easy for everyone, and this is where your knowledge and research become essential. So, conduct thorough market research, delve into the details, and take the first step towards owning your new home.
You might find those three-bedroom homes with a garden just a few miles out of the city core can be a bargain compared to a new apartment in the centre. And if you are a first-time investor, Birmingham has loads of schemes and low cash deposit options to help you get on the ladder.
Low Cash Deposit Options for New Homes in Birmingham
Let us talk about something every investor cares about: deposits. If you are like most of our investors, you might think you need a massive chunk of cash saved up to even think about buying a new home. However, first-time investors in the UK can now purchase a home with as little as a 5% deposit under schemes like Help to Buy. Birmingham has loads of new developments offering 5% or 10% deposit schemes, which can really take the edge off that initial financial hit. We have seen places in Frankley Park and Edgbaston offering these types of deals—it makes getting on the ladder a lot less daunting.
But here is the kicker—always, and we mean always, read the fine print. One of our investors once nearly got pulled into a deal that sounded amazing—super low deposit, mortgage contribution, the works. But when he looked closely, he realised the long-term costs were not as favourable as they seemed. Sure, the deposit was low, but the interest rates were through the roof! So, yeah, it is worth doing the legwork and asking the developers if there are any extra perks, like help with legal fees or even free furnishings. We know someone who snagged a deal like that in Ventura Park and it saved them a fortune.
Why Choose a New Home in Birmingham / How Will New Developments in Birmingham Affect Property?
What makes Birmingham special is that it is still growing. With all the new builds popping up, the city is becoming a solid investment option, and prices are still relatively affordable compared to other major cities like London. But we can see it now—these new homes, developments, and regeneration projects are going to have a long-term impact on property values. That means if you jump in now, you are looking at some serious potential for capital appreciation in the coming years.
Excellent Transportation Links in Birmingham
The basic ingredient to find the best suited home is the basic amenities around you, fulfilling your basic need, with that transportation tops the list. With the best transportation link, where you can grab public transportation hassle free, where a simple trip to shop will not take you ages without your car. The cherry on top for Birmingham transportation is their rail network, you have got New Street, which connects with anywhere around the UK. With that, Birmingham Airport served over 12 million passengers a couple of years ago, which highlights the best of Birmingham Transportation.
If you travel a lot for work or just love to hop on a plane now and again, it is perfect. The fact that Birmingham has such excellent transport options is a big selling point. It is not just about commuting to work either.
Birmingham’s transportation network doesn’t stop there. With new Metro lines under construction, commuting within the city is becoming much easier. These improvements offer simple pleasures that make city living more convenient, encouraging residents to invest more confidently and comfortably.
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Get yourself Scholared: School and Education Facilities in Birmingham
School is the place where your kid is nurtured the most, and admitting your kid in the best of all is the dream of every parent. Schools in Birmingham are definitely the second home for your child, with all the facilities and inoculated education system, your child will be guided with all. We have looked at a few areas, and places like Sutton Coldfield or Harborne have some of the top-rated schools in the country. We are talking about schools like Edward VI Camp Hill—they have got a reputation that attracts families from all over, which, in turn, keeps property demand high. Having said that in a recent The Sunday Times 2023 guide, King Edward VI Camp Hill was ranked top 10 school in the UK.
It’s a unsaid thing that the property around the school tend to hold its utmost value. Sometimes while buying the house we don’t put light on such amenities at first, but trust us having a house near your kids school can be a game changer step both towards parent and a kid. Forsay, if you are not planning to buy that property for yourself, but to rent that rather, think of your renter having a kid and how blessed this investment ca be for him and his kid to have a school near-by.
Birmingham’s Booming Business Sector and Job Opportunities
We have noticed a lot of new developments being built around key business hubs, and it makes sense. More jobs mean more people moving in, which means more demand for housing. If you are looking at the long game, investing in a new build near these growing business centres is a pretty safe bet. The development of the city is most talked about. If we take an example of Colmore Row or Birmingham Westside, they have become a major financial district attracting the business, which leads to more property value, which can be calculated as over 15% in recent years. The more businesses move in, the more property values will climb.
Diverse Property Options to Suit Every Investor in Birmingham
One thing that we have learned about Birmingham is that there is a home for everyone here. We were surprised by how diverse the options are. You can get a modern, energy-efficient home in places like Edgbaston, or something a bit more classic in Sutton Coldfield with loads of space and green areas nearby.
When investors first look, they think they would be priced out of the more central locations, but even in the city core, you can find some gems if you are willing to hunt around. To start with your investment in property in Birmingham, the average property price is around £238,000, which is way more affordable than in London and Manchester. Having said that, with new development coming across, the advancement in new low cash deposit schemes, make it easier to get on the property ladder. For example areas around Frankley & Edgbaston offer 5% deposit schemes.
So, whether you are a first-time investor or an experienced investor, Birmingham’s property market has something for every budget and style.
Eco-Friendly and Sustainable New Developments in Birmingham
Sustainability is not just a buzzword in Birmingham, it is becoming a real selling point for a lot of new developments. Sustainability is the future of the country, hence it is becoming the selling point for new developments in Birmingham. Adding new sustainable features like solar panels & energy efficient heating systems the government targets to meet zero Co standards by 2025. With new built-ups in Cannon Hill Park which embrace sustainable living and saving on energy bills.
All this sums up to make the best investment in the home builts with all these higher standards.
The average new-build home in the UK can save homeowners up to £500 a year in energy costs. Not only will you save money in the long run, but these properties are likely to see a bigger increase in value over time. Investors and renters alike are starting to favour eco-friendly homes, so if you are thinking about the long-term prospects of your investment, sustainability is something you cannot ignore.
New Build Homes in Birmingham and Surrounding Areas
Coming next is the area well connected, with Birmingham Airport and the business hub which is Solihull, which is on the upscale side with the average cost of £500,000. In the last couple of years Solihull has seen prices increase by 10%. Compared to the other cities, the houses here are not cheap but the growth scope is worth each penny.
But if you are looking for something happy in your pocket, Frankley and Northfield are worth considering. The average property prices in Frankley starts from £200,000, making the best option available in the Birmingham area. These areas are the fresh development plans of the city considering all the new development happening with utmost modesty, are the best options for the long-term investment.
Each surrounding area has its own flavour, and the variety really does cater to different types of investors—whether you are after a city centre apartment or a family-friendly detached home. The key here is to think long-term. Birmingham is growing, and the surrounding areas are a huge part of that growth.
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Why make us your partner for your property investment in Birmingham?
Expert guidance, exceptional returns
We do not just sell you a property and move on. No, we take the time to get to know your goals. We have worked with clients who were first-time investors and others who were seasoned investors, and each of them had different priorities.
If you’re looking for short-term gains through rentals or bigger picture and planning for retirement, worry now our team is here for your every ifs and buts.
Your thought, our motto, is what we believe in, we are here to work on your each and every approach, tailor made needs according to our clients. And yes, we are award-winning—which is nice, but the real satisfaction comes from seeing our clients succeed. We have helped people invest in everything from contemporary townhouses in Edgbaston to luxury homes in Sutton Coldfield. We are not about quick wins; we are about building long-lasting relationships and ensuring your investment keeps growing.
We are not going to sugar-coat things either. If a property does not make sense for your goals, we will tell you straight. There is no point in pushing a sale just for the sake of it. At the end of the day, our success is tied to yours. That is why we stay on top of the latest market trends, building regulations, and everything else that affects your investment. So, whether you are new to the market or have been investing for years, we are here to guide you every step of the way.
FAQ's
We have been through this process ourselves, so we totally get it—there are so many questions when you are thinking about property investment. Whether you are a first-time investor or an experienced investor, there is always something new to learn. Here are some of the most common questions we hear, and believe us, we have asked a few of these ourselves along the way:
Angel Gardens
Angel Gardens is located in an up-and-coming district of Liverpool. It is in close proximity to two major regeneration projects: the £150 million Project Jennifer and the £5.1 billion Liverpool Waters scheme.
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Prices, Predictions and Growth Potentials: Birmingham Property Trend in 2024
If you are even thinking about investing in Birmingham, now might be the time to act because things are moving fast.
First off, the HS2 project is a real game-changer. We know it has been in the works for years and it felt like one of those “someday” things, but now we are actually seeing its impact on the market. Areas like Digbeth—which used to be kind of off the radar—are seeing a ton of interest because once that high-speed rail link is fully operational, travel times to London will shrink to just 49 minutes. That is going to make Digbeth and places around it prime real estate. This seems pretty crazy as in upcoming years the property values will rise by 20-25%, and we are eagerly crazy to see what the future holds. Popular areas like Edgbaston and Harborne are now in higher demand than ever.
And the value will jump up nearly 15% in just a few years. What is interesting is that people are not just buying in these areas for the schools or green spaces anymore; they are doing it because they know the properties will appreciate. It is a bit like playing chess—you are thinking a few moves ahead, trying to get the most out of your investment.
The other main shift which we have recently seen in the market is eco-friendly homes.
People are willing to at premium rates to up-hold such properties having solar panels, rainwater harvesting systems and energy- efficient windows.
It makes sense, especially with energy bills rising by as much as 27% in some areas. We know a couple who recently bought a detached home in Sutton Coldfield that was fitted with all the latest eco-tech. They were initially attracted by the savings on their bills, but they are also betting that these kinds of homes will appreciate faster as more investors look for energy-efficient properties.
With the increase in demand and building regulations, homes that meet these standard are even more in demand.
Birmingham being the business hub, this is not just a fancy feature. The city attracted over 1,500 businesses a couple of years ago covering various sectors, which means more growth, more jobs and more people hunting for places for their living.
That is good news for the rental market. We have seen first-hand how rental yields have been climbing, especially for properties near the city centre. Colmore Row, for example, is full of professionals who want to live close to work, and they are willing to pay a premium for it. Some of our investors have already aced their investing game in this property market, have bought a city center apartment and within a couple of weeks it was rented out, making their rental income solid.
Sure, some areas have already seen big jumps, but places like Frankley and Northfield still have some room to grow. And with all the infrastructure improvements happening, they will not stay affordable for long.
Summing it up with saying that Birmingham’s property market is sky shooting and this is your sign to fasten your seat belts and grab the opportunity to start investing in the market, and start expanding your portfolio, this is the perfect time to dive in.
There are so many doubts when you first start something, but once you press your start button, there is no looking back. Everything becomes so much handley, and having us by your side is the way to go.
One of the biggest lessons we learned? Always diversify. Early on, we put a lot of money into a single property that seemed like a sure bet. It was a shiny new build in a trendy part of town, and we thought it would rent out in no time.With overcoming all your challenges, we added yet another feather on our cap, ended up with so many vacant spaces for months, losing money or mortgage payment.
Our long spread investment are now cherry on top in Birmingham city. That way, if one property underperforms, you have got others to balance things out.
Understanding the market trends is another biggie. We cannot tell you how many times we have seen people jump into areas just because they are “hot” at the moment. When we were newer to the game, we got caught up in the hype around a regeneration project that everyone was talking about. We did not do enough research and ended up with a property that took way longer to appreciate than we had expected. Now, we make sure to study each area carefully, look at what is actually happening there, and focus on locations with steady, proven growth—like Birmingham’s upcoming HS2 areas or places benefiting from regeneration projects.
Another tip? Do not overextend yourself financially. It is tempting to max out your budget to get into that dream property, but what happens when unexpected costs pop up? Trust us, they will. One year, we had to replace the roof on one of our rental properties—something we never saw coming. If we had not set aside some emergency funds, we would have been in a pretty tight spot. Nowadays, we always keep a financial buffer for things like that.
Lastly, get the right insurance. It sounds boring, we know, but having landlord insurance saved us more than once. One of our tenants moved out early and left the place in a mess—it was a nightmare. The insurance covered most of the damage and loss of rent, which was a huge relief. If you are investing in buy-to-let, insurance is a must-have. It is one of those things you never think you will need until you do.
Upcoming Infrastructure and Regeneration Projects
One thing we love about Birmingham is how much it is constantly evolving. The city’s got this energy, and it is not just talk—there are real, tangible projects happening that are transforming the landscape. And if you are an investor, these projects are where you want to focus.
Let us start with the HS2 project. We know, everyone has been talking about it for years, and it feels like it is never going to be finished, but trust us, it is already making waves. Areas like Digbeth and Eastside are gearing up to be some of the biggest beneficiaries once that high-speed rail comes through. We almost missed the boat on Digbeth. A couple of years ago, we were looking at properties there, and prices were still reasonable. But we hesitated, thinking we had more time. Fast forward to today, and the prices have already started to climb—up by 10% in just the last year alone. We are telling you, if you are looking for long-term growth, areas near HS2 stations are worth a serious look.
Another area that is catching our attention is Birmingham Westside. This place is undergoing a massive regeneration, and we have seen firsthand how these kinds of projects can breathe life into an area. Westside is set to become a real hub with new residential developments, mixed-use spaces, and better transport links. A friend of ours recently snagged a one-bedroom apartment there just before the prices started to rise, and he has already seen a bump in its value of about 7%.
Do not sleep on Perry Barr either. It might not be as flashy as Digbeth or Westside, but with the Commonwealth Games Village development, it is becoming a more desirable area. We were skeptical at first, but after seeing how much they are investing in infrastructure there—new transport links, housing, and amenities—we are starting to think Perry Barr could be one of those sleeper hits for property investors. Prices are still relatively low compared to other parts of the city, but that will not last long.
And then there is the whole green space push. Birmingham’s really leaning into making its city more livable, with plans for more parks and pedestrian-friendly areas. Frankley and Northfield are starting to see more interest because they offer that suburban feel without being too far from the city centre. One of our colleagues picked up a home in Frankley just before all the infrastructure upgrades were announced, and it is already looking like a solid investment, with a 5% increase in value since purchase.
In short, Birmingham’s on the move—literally and figuratively. If you are looking to invest, keeping an eye on where the next big infrastructure or regeneration project is happening could mean the difference between a good investment and a great one.
Area Guide
Ben Brewer
I’m Ben, I’ve worked as a senior broker here for quite a stretch, witnessing numerous success stories unfold!