Goldcrest Suites
Located in Birmingham’s West Bromwich district, 10 minutes from the city-centre, Goldcrest Suites is a high-quality development of only 49 brand new apartments in a low rise 5-storey building from one of the UK’s foremost private developers, Trivelles. The development is due for completion in Q1 2020 and will comprise one, and two-bedroom apartments on a 250-year lease.
Birmingham and Manchester vie with each other for the title of the UK’s second city with both growing rapidly and attracting investors from London and all over the world. However, Birmingham has been ranked as having the highest quality of life of any English city outside of London, and with more than 8,000 acres of park land and open spaces, Birmingham is one of the greenest cities in the country.
Within walking distance of transport connections including a new Metro Station one minute away, Goldcrest Suites is also located just 50 metres from Tesco’s largest European superstore on prime West Bromwich High Street. Goldcrest Suites is not only connected to Birmingham city-centre, but also with the rest of the UK.
The developer behind Goldcrest Suites is Trivelles with more than 25-years experience in the UK property sector and a growing network of more than 2,500 property investors. The company has constructed apartments, hotels and serviced accommodation and to date Trivelles has so far completed and delivered projects worth £35.6 million with £21.5 million worth of projects are in the pipeline.
Please ask us for a brochure with floor plans and latest prices and availability at Goldcrest Suites by contacting info@richmontsthailand.com or calling +66 (0)92 247 9900
Project Specifications
Interiors of all apartments at Goldcrest Suites will include bright, airy rooms featuring clean lines. Enhancing the use of space and natural light, these are high-specification apartments designed to suit a busy, modern lifestyle.
Kitchen and dining areas at Goldcrest Suites are open-plan and will be fitted with the latest integrated electrical appliances. Finished to an impeccable standard, bathrooms come complete with designer fixtures, wall tiling and rainfall showers.
Flooring in the hallway, kitchen and bathrooms areas will be vinyl and carpets will be fitted in the living area and in all bedrooms. Doors will be solid core flush with a high security door lock fitted to the entrance. LED downlighting will be fitted in the hallway, kitchen and bathrooms.
All apartments at Goldcrest Suites come with a 10-year premier guarantee warranty from the date of legal completion.
Goldcrest Suites’s convenient setting is enhanced by beautiful roof-top gardens, perfect for unwinding and relaxing. Residents also benefit from a secure underground car park and communal bike storage.
Prices
Prices at Goldcrest Suites start at GBP139,998 for a 1-Bedroom 52 M2 unit. This is equivalent to THB5,332,207 or just THB102,532 per square metre.
Prices for 2-Bedroom apartments at 74 M2 start at GBP201,519 (THB7,674,765) equivalent to THB103,713 per square metre.
The Service Charge and Ground Rent Fee at Goldcrest Suites will be GBP820 for 1-bedroom apartments, and GBP1,037 for 2-bedroom apartments each year.
Furniture packages are available for all units starting at GBP4,995 for 1-bedroom apartments, and GBP5,995 for 2-bedroom apartments. Furthermore, guaranteed rental schemes for investment buyers looking for a steady income return are also available – please ask us for details.
Projected rental yields at Goldcrest Suites are above average with between GBP550 to GBP575 per month for 1-bedroom apartments and GBP650 to GBP675 per month for 2-bedroom apartments.
Please ask us for a brochure with floor plans and latest prices and availability at Goldcrest Suites by contacting info@richmontsthailand.com or calling +66 (0)92 247 9900
Purchase Procedure
Purchasing your apartment at Goldcrest Suites is simple and straightforward with a booking fee of GBP5,000 payable to reserve your unit.
A 20% deposit (minus your booking fee) is payable upon exchange of contracts (signing the sales and purchase agreement) within 28 days of booking.
Upon completion in early 2020 the remaining 80% will be due. The developer is offering special mortgages for 30% LTV at only 2.99% for up to 10-years. This means you need only pay 70% in order to own your unit. Alternatively, bank-backed mortgages for up to 70% LTV are available for qualified Thai buyers.
All contract and payment arrangements will be looked after by a UK lawyer (solicitor) we can recommend to work on your behalf. Please ask us for further details.
Factsheet
Fact
23 September 2019
Information
Project: Goldcrest Suites
Developer: Trivelles Goldcrest Limited
Number of building: 1
Number of unit: N/A
Completion date: Q4 2019
Unit Type
1-Bedroom
2-Bedroom
Facilities
Parking: N/A
Roof-top Garden
Security Card System
Welcoming Lobby
Bike Storage
Car Park
CCTV security system
24-hour concierge
Video/audio Door Entry System
Price/Payment
Starting Price: THB 5,332,207
Starting Size: 52 sq.m.
Average Price per Sq.m.: 102,532 Baht
Tenure: 250 years
Location
Goldcrest Suites is located in West Bromwich, 10 minutes from Birmingham’s central business district and less than a 1-minute walk from a new Metro Station. The development’s convenient position combines serene living with all the convenience of having city-centre amenities nearby.
Birmingham is undergoing ambitious regeneration and growth, with more and more businesses from southern England and London choosing to relocate there. More than 52,000 students graduate from Birmingham’s five universities each year, with many attracted to remain in the city to work afterwards.
Birmingham is undergoing a GBP 3 billion upgrade to the transport infrastructure, including an enhanced Metro Tram and improved bus services. 90% of England is within a 4-hour drive of Birmingham making the city the best-connected conurbation in the country. In addition, 50 airlines fly to 150 destinations from Birmingham International Airport, including to Thailand with connections at airports in the Middle East.
The high-speed rail connection (HS2) is due to arrive in Birmingham in 2026 and will undoubtably have a huge positive impact on growth and economic prosperity in the West Midlands of the UK. Birmingham Curzon Station will be the city’s high-speed rail station and will cut travel time to London from 1 hour 24 minutes to just 49 minutes.
The population of the region of which Birmingham is a part is 4.1 million, but there is a significant shortfall of new housing planned between now and 2031 making it very likely that property capital growth will continue to increase.
nearby amenities
Time to Invest in Birmingham
- Birmingham is one of the fastest growing cities in Europe with a population of more than 1.1 million, and it ranks as one of the most popular places in which to invest.
- In the last 5 years property within 2 Kms of Birmingham’s New Street Station has increased in value by more than 44%, with much more growth predicted.
- Birmingham’s economy is worth GBP 24.8 billion (more than 1 trillion Thai Baht) and continues to expand with planned investment of over GBP 10 billion over the next 20 years.
- Infrastructure investment in Birmingham includes GBP 600 million on New Street Station, Birmingham’s main railway station, GBP 200 million on the expansion of Birmingham International Airport, as well as the forthcoming high-speed rail development.
- Many international businesses including HSBC, Deutsche Bank, Deloitte and PwC have offices in Birmingham, and the city is also home to global brands including Land Rover and Jaguar cars.
- Birmingham has one of the youngest populations in Europe with 45% of the residents under 30 years old meaning the city is an ideal market for rental investors.
highlights
- Location: Minutes from Birmingham’s CBD and the new high-speed rail link to London reducing travel time to the capital city to just 49 minutes
- Price: High-quality construction starting at 5.3 MB (equivalent to THB102,500/M2) with up to 70% LTV mortgages available for qualified Thai buyers.
- Convenience : Multiple amenities on the doorstep including shops, super markets, restaurants, pubs and cafés. Europe’s largest Tesco shopping complex on the doorstep.
- Payment Terms: Only 20% deposit required with nothing further to pay until completion in early 2020.
- Investment: The Pound Sterling is at an historically low rate against the Thai Baht making now an ideal time to invest in one of the world’s most stable and secure economies.
- Tenant Demand: A large rental pool of young tenants with demand for rental property exceeding supply, and excellent capital growth prospects.
- Management: Full professional management is available for all buyers at Goldcrest Suites wanting to rent-out their units, and rental income may be freely remitted back to Thailand.
Please ask us for a brochure with floor plans and latest prices and availability at Goldcrest Suites by contacting info@richmontsthailand.com or calling +66 (0)92 247 9900.