Overseas Property > UK Property
Oak Court
- Room：
- Housing prices： 84,412 - 0
- Building area：㎡
- Area：㎡
- （about 8ten thousand - 0ten thousand）
QUICK FACTS
• 78 modern apartments consisting of 77 1 bedroom apartments and 1 2 bedroom apartment
• Over 31,000 sq/ft of prime residential apartments
• Apartments available from just £84,412
• Rental yields >7%
• Excellent modern specification
• Outstanding central location - close proximity to Birmingham
• 9.1% capital appreciation in Dudley in the 12 months to January 2021
• 4.3% and 4.9% net rental yields increase in Dudley in the 12 months to January 2021
• Empire Property Concepts joint venture contractor record (2012 - 2020);
• 1171 apartments completed across 28 sites
• A current pipeline of 2,487 apartments currently in planning, spread across 33 sites
• Current portfolio of 3,767 units and, on all developments, Empire has maintained a zero failurerate
• An extensive 100% successful track record of collaboration between the Managing Director of Oak Property Trading Limited and Empire Property Concepts over many years and projects
Location
Brierley Hill, West Midlands
Local Authority
Dudley, West Midlands
Tenure
Leasehold 250 years from 31st May 2021
Service Charge
£900 p/a
Planning Architect
SLA Design LLP
Car Parking
Private and allocated parking (selected units only)
Building Insurance
10 year Global Homes Warranty cover
Practical Completion
May 2021
Distance to Birmingham
<10 miles
LEASE
250 years, commencing from 31st May 2021
ESTIMATED SERVICE CHARGE
£900 per annum - This includes: staffing costs, cleaning, general maintenance, insurance, external
communal utilities
GROUND RENT
1 Bed - £100 p.a.
2 Bed - £100 p.a.
Ground rents are reviewed every 10 years in line with inflation (RPI)
PARKING
A limited number of allocated parking spaces are available. The car parking spaces are in private
grounds within the Oak Court grounds and away from public usage
WARRANTY PROVISION
10 year building warranty in place from Global Home Warranties Limited
• Over 31,000 sq/ft of prime residential apartments
• Apartments available from just £84,412
• Rental yields >7%
• Excellent modern specification
• Outstanding central location - close proximity to Birmingham
• 9.1% capital appreciation in Dudley in the 12 months to January 2021
• 4.3% and 4.9% net rental yields increase in Dudley in the 12 months to January 2021
• Empire Property Concepts joint venture contractor record (2012 - 2020);
• 1171 apartments completed across 28 sites
• A current pipeline of 2,487 apartments currently in planning, spread across 33 sites
• Current portfolio of 3,767 units and, on all developments, Empire has maintained a zero failurerate
• An extensive 100% successful track record of collaboration between the Managing Director of Oak Property Trading Limited and Empire Property Concepts over many years and projects
• 5 mins walk to the Waterfront Metro Station. Direct Links to Birmingham, Wolverhampton, Dudley.
• Easy access to the Birmingham (24 mins by train)
• Birmingham International airport is 45 minutes away by car
• Dudley is a short 10 minute car journey away
• Brierley Hill town centre is only 0.4 miles from Oak Court
• Wolverhampton is 9.7 miles away, a 30 mins drive
• West Bromwich is accessible via a short 20 minute drive
• Close to major road routes: A4306, A4123 and the M5.
• London 128 miles away (2 hours 10 mins drive)
• Easy walking distance of the Waterfront Business Park and the Merry Hill Shopping Centre (0.8 miles) which is the 8th biggest shopping centre in the UK,
boasting over 250 shops, a separate retail park, cinema, food hall and ten-thousand parking spaces.
• There are several attractive parks situated close by, including a local nature reserve that’s virtually on the doorstep
• Conveniently situated for the beautiful canalside area, which is home to a host of bars and restaurants, a short 9 minute (0.5 miles) walk
• Just 10 miles from Birmingham, Brierley Hill is the strategic centre of Dudley borough attracting massive inward investment
• 5 minute walk to the Waterfront metro station to access the new £450 million metro extension network providing direct access to Birmingham central
• Local supermarket, Aldi, a 2 minute walk away (0.1 miles)
• Leading universities are within easy reach. Birmingham University, Birmingham City University, University College Birmingham and Wolverhampton University - to name just a few - are nearby and easily accessible
• Good choice of healthcare (Russell Hall Hospital - 1.1 miles), libraries (0.6 miles), community centres (Brockmoor Community Centre - 0.6 miles), places of worship (Brierley Hill Methodist Church - 0.5 miles), sports facilities (PureGym - 0.5 miles)
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