TIMBERYARD
Chinatown, Birmingham
A luxury development, comprising studios, 1, 2 & 3 bed apartments arranged in two buildings around landscaped courtyard gardens. Located adjacent to Birmingham’s Chinese Quarter and within 10 minutes walk of the heart of the city centre. Timberyard has been designed to provide exclusive lifestyle facilities including an opulent reception foyer and concierge, gym, club lounge and screening room while offering high quality, highly specified living space with many apartments enjoying superb city centre views.
Studios
| Sizes from 484 sq ft | prices from £212,500 |
One bedroom apartments
| Sizes from 478 sq ft | prices from £232,500 |
Two bedroom apartments
| Sizes from 748 sq ft | prices from £310,000 |
Completion
Q4 2021
Payment Terms
£1,000 reservation fee
10% 21 days later
5% 3 months after exchange
5% 6 months after exchange
Balance on completion
10% 21 days later
5% 3 months after exchange
5% 6 months after exchange
Balance on completion
Location
- Chinatown – 3 minutes walk
- Arcadian centre – 3 minutes walk
- Bullring – 8 minutes walk
- Grand central – 10 minutes walk
- City centre – 10 minutes walk
Transport
- New & Moor street railway stations – 8 minutes walk
- HS2 Curzon street station – 10 minutes walk
- Birmingham airport – 25 minutes drive
- London – 49 minutes by new HS2 rail link
Economy
- Birmingham now has a £120 billion economy with many major companies relocating from London including HSBC, Barclays and Deutsche Bank. Employment is forecast to rise by 38,000 in the next decade with new companies such as Linklaters, HS2 and KPMG. Birmingham is also the UK’s most entrepreneurial hotspot and is now voted as one of the top 10 cities worldwide with the youngest city population in the UK and Europe. Birmingham hosts the 2022 Commonwealth Games.
Education
- Birmingham University and Aston University – 10 minutes drive
- Numerous schools and colleges nearby
- Birmingham has 5 universities and 73,000 students
- Graduate retention rate of 49%
Leisure
- Timberyard is adjacent to the vibrant Chinese Quarter with fine restaurants, cafes and bars on your doorstep and the Arcadian one of the city’s top entertainment venues. The Bullring with 130 stores is 10 minutes walk away. Retail excellence also abounds at the nearby Mailbox and Grand Central. Many recreational pursuits are possible nearby including tennis, golf, sailing, cycling or jogging in over 570 parks and 8,000 acres of public open space. The new East side city park is 15 minutes walk away with parklands and waterways. Birmingham has more canals than Venice.
Regeneration
- Adjacent to the £500 million Smithfield regeneration scheme with a new metro tram line and market square.
- HS2 high speed rail link a £56 billion development programme
- Midlands metro expansion a £1.3 billion project
- New street station £600 million upgrade
- Birmingham City airport £200 million expansion
Housing market
- Birmingham 8.6% growth in house prices over the last year
- House price growth of 30% over last 5 years
- Demand for homes fuelled by annual shortage of 2,300 homes
- Rental market forecast growth of 17% over the next 3 years