- Prime city centre location
- High-quality apartments
- Prices from £115,000
- 8% yield assured for 10 years (with reviews every 2 years)
- Entirely hands-off investment
- Experienced developer – 17 years experience
- Completion Q4 2021
Developer and Management Team
Developed by Empire Property Concepts – they have an excellent track record over the last decade. And the development is managed by Danum House Management – An in-house management team that had originally been set up to just manage Danum House (a previous development by Empire) but is working so well that they are rolling it out to manage other developments going forward.
The Development and Wolverhampton
The city itself is benefitting from a number of multi-million-pound regeneration programmes that will further boost the economy, benefitting any investors buying into the area at this time. In addition, Wolverhampton is less than 20 minutes from Birmingham which has experienced huge growth in recent years and is continuing to do so with the likes of HS2 and the Commonwealth Games. Due to its proximity, a huge amount of Birmingham’s workforce are choosing to live in Wolverhampton as it’s far more affordable, and savvy investors are taking advantage of this ripple effect.
Investors at the city centre residences will also have the option to take advantage of a 10 year rental assurance where investors can relax in the knowledge their investment will be fully-managed, with no risk of void periods. This rental figure is reviewed every 2 years to ensure investors are getting yields in line with how the market is performing.