Crown Works is the latest development with flexible payment terms in Burton Upon Trent, Staffordshire, in the West Midlands.
The extremely attractive price point for these apartments gives them strong investment potential.
West Midlands is set to show a price increase of 23.4% over the next 5 years (source Savills research).
Crown Works – 2 St New Street, Burton upon Trent, DE14 3SL
HIGHLIGHTS
74 one and two-bedroom apartments
1 Beds from £134,995
2 beds from £167,995
Town centre
Good investment location in West Midlands.
Yield 7%.
No lump sum deposit
Only 10% deposit to reserve
Flexible payment plan over 18 months.
1Beds £134,995 - Rent £775 per month.
2 Beds £164,995 – Rent £895 per month.
18 month - Unique monthly payment plan.
1 beds £1,875 per month
1 beds £2,366 per month
Mortgage service provided.
Full tenant management service provided.
High specification interiors
Integral kitchen appliances included.
Full planning approved under Permitted Development Right (PDR)
999 Year lease.
No ground rent.
Service charge £900pa.
Estimated completion Q4 2025
The USP is the attractive payment plan:
10% reservation deposit followed by 25% paid in monthly instalments during the 18-month construction period.
Followed by cash or mortgage on completion.
Payment Plan Example:
Purchase price: £134,995.
To reserve: £13,499.50 + £995 initial legals = £14,494.75
Followed by: 25% deposit of £33,748.75 spread equally over 18 months.
This works out at: £1,874.93 per month.
At completion balance in cash / mortgage.
We can assist in securing a Buy To Let mortgage (subject to status) by introducing you to a mortgage broker.
We can also introduce you to a property manager to rent the property out on your behalf.
Property prices: Property prices in Burton-on-Trent are lower than the UK average, and there's potential for capital growth.
Savills research are predicting an increase of 23.4% in the West Midlands over the next 5 years.
Competition: There's high competition among buy-to-let investors in the area.
Rental value increases: Rental values in Burton-on-Trent have increased by 8.4%. (Source Belvoir).
Investment in the town: Burton-on-Trent is expected to see a ripple effect from investment in Birmingham, which could drive prices and popularity upwards.
Commuter town: Burton-on-Trent is a good commuter town, with easy access to Birmingham, Derby, Nottingham, London, and Manchester.
Amenities: Burton-on-Trent has a thriving town centre with shopping centres, cafes, bars, and restaurants.
Investing in property in Burton upon Trent can be a strategic move for several reasons, especially if you're looking for a balance of affordability, growth potential, and strong rental demand. Here are some key factors that make Burton upon Trent an attractive location for property investment:
Affordability
Lower Property Prices: Compared to major cities like Birmingham or Manchester, property prices in Burton upon Trent are more affordable. This allows investors to enter the market with a lower initial capital outlay.
Potential for Capital Growth: While prices are currently lower, there's potential for capital growth as the town continues to develop and attract more residents.
Strong Rental Market
High Rental Demand: Burton upon Trent has a strong rental market driven by a mix of professionals, families, and students. The town’s location, close to major employment hubs, makes it attractive for commuters.
Good Rental Yields: Due to the affordable property prices and strong demand, rental yields can be attractive. Investors can achieve a good return on investment through rental income.
Strategic Location
Connectivity: Burton upon Trent is well-connected, with easy access to major roads like the A38 and A50, and proximity to the M1 and M6 motorways. It's also on the main train line between Birmingham and Derby, making it a convenient location for commuters.
Proximity to Major Cities: The town is within easy reach of Birmingham, Nottingham, Derby, and Leicester, making it an attractive location for those who work in these cities but prefer to live in a quieter, more affordable area.
Economic and Population Growth
Thriving Local Economy: Burton upon Trent has a robust local economy, historically centered around brewing, but now diversified into manufacturing, retail, and services. The presence of major employers like Molson Coors also supports local economic stability.
Population Growth: As more people move out of larger cities in search of more affordable living, Burton upon Trent’s population is growing, which in turn increases demand for housing.
Ongoing Development and Regeneration
Urban Regeneration: Burton upon Trent has seen significant investment in urban regeneration, with improvements to infrastructure, public spaces, and amenities. This increases the town's attractiveness to both residents and investors.
New Housing Developments: There are ongoing housing developments that cater to various demographics, from first-time buyers to retirees, which can offer new opportunities for investment.
Quality of Life
Green Spaces and Amenities: Burton upon Trent offers a good quality of life with plenty of green spaces, parks, and riverside walks. The town also has good schools, shopping facilities, and leisure amenities, making it appealing to families.
Heritage and Culture: Known as the "Brewing Capital of the UK," the town has a rich cultural heritage, which is a draw for both residents and tourists, adding to its overall appeal.
Student Population
University Proximity: While Burton doesn't have a major university, it's close to cities with large student populations like Derby and Loughborough. This can create opportunities for student accommodation investments in nearby areas.
Diversified Property Market
Variety of Property Types: The town offers a diverse range of properties, from traditional terraced houses to modern apartments and new builds. This diversity allows investors to target different market segments.
In summary: Burton upon Trent offers a combination of affordability, growth potential, and strong rental demand, making it a compelling choice for property investment. Whether you're looking for buy-to-let opportunities or long-term capital growth, the town's strategic location, economic prospects, and quality of life factors all contribute to its investment appeal.