AFFINITY LIVING
LANCASTER WHARF, BIRMINGHAM
A bespoke 266-apartment development in a prime canal side city centre location. Affinity Living has a modern design and premium amenities, Lancaster Wharf is set to provide a living experience unmatched anywhere else in the city. With a range of premium communal living areas and garden spaces, Affinity Living encourages residents out of their apartments and into a thriving residential community. Reintroducing greenery to the canal front, the waterfront courtyard will provide a relaxing outdoor space for residents to escape busy city life. Including large, contemporary living spaces, gymnasium, rooftop terrace, waterfront garden courtyard, residents’ lounge, tv lounge area, work lounge & private working booths.
One bedroom apartment
| Sizes from 480 sq ft | prices from £231,294 |
Two bedroom apartment
| Sizes from 597 sq ft | prices from £307,450 |
Completion
Q2 2024
Payment terms
20% on exchange
80% on completion
80% on completion
Rental yield
~6%
Location
- Central business District - 5 minutes walk
- Fazeley Canal - 1 minutes walk
- HS2 and train stations - less than a mile
- Mailbox & Chinese quarter - 1 mile
- Bullring shopping centre - 1 mile
- Aston & Birmingham city universities - 0.6 miles
Investment
- Projected Yield - 6% gross
- Rents rising - 6.56% increase over the UK
- Estimated Capital Growth - 13.5% over the build period
- Forecasted cumulative growth - 19.5% over the next 5 years
- Average rents - 1,250 a month
- Occupancy levels - 100%
Leisure
- Birmingham has more canals than Venice
- With over 8,000 acres of parks and green space, Birmingham is one of the UK’s greenest cities
- The most Michelin Star restaurants in the UK (outside London)
- The Hippodrome is the UK’s busiest theatre
- 41% Graduate Retention Rate Across Five Universities
Education
- UNIVERSITIES - University of Birmingham, Aston University, Birmingham City University, Newman University & Birmingham University
- SCHOOLS - St Catherine’s RC Primary School, St Thomas C of E Academy, Chandos Primary School, West House School, Hallfield School, St George’s School
Regeneration
- HS2 and Curzon Street Station - The heart of the high-speed rail network to London, with proposals for £724 million investment into the surrounding area. Creation of 36,000 new jobs, 4,000 new homes and 600,000 sq m of commercial development
- The Snow Hill Masterplan - A 20-year plan created to enhance the Snow Hill area’s key assets and drive Birmingham’s growth and regeneration activity, including a £50 million investment into Snow Hill station