The centrally located skyscraper, which stands at more than 100 metres tall and contains 217 apartments, has attracted scores of investors since its launch in July last year.
One of Birmingham’s most significant residential developments is due to complete towards the end of this year, with the last remaining apartments expected to be snapped up by investors over the next few months.
The Bank II, sister project of The Bank I which completed last summer, is the tallest residential building in Birmingham at 33 storeys and contains a mixture of studio, one-bedroom, two-bedroom and three-bedroom flats. The project has attracted interest from investors internationally due to its central location five minutes from Birmingham New Street station, making it a key opportunity for both buy-to-let landlords and owner-occupiers looking for a prime spot in the city.
As well as apartments, the building contains an on-site gym, shared open space, ground floor restaurants and shops, and a concierge service.
Completion event for Hong Kong buyers & investors
To mark the development’s imminent completion, property investment consultancy BuyAssociation is hosting a completion event at the Royal Hong Kong Yacht Club on Saturday 7th September. The event will offer buyers and prospective buyers the chance to meet industry leading partners, learn more about Birmingham’s investment landscape and access the final release of apartments at The Bank II.
James Dempsey, Hong Kong sales director at BuyAssociation, commented: “Birmingham is Europe’s youngest city, and it’s attracting more and more young professionals away from London every year. Rental growth and house price growth prospects are some of the best in the country, so it’s a fantastic place to invest right now.”
The developer, Regal Property Group, has more than 50 years of experience in all aspects of commercial and residential development, land assembly and investments.