Mortimers International

Your passport to property investment

Redditch, St Stephen's House

St Stephen’s House is a brand new, off-plan office conversion scheme that will create 98 high quality apartments within Redditch Town Centre. The building is set in a leafy business district, neighbouring offices solicitors, accountants and other associated professionals. Upon completion in Q1 2021, the apartments will appeal to tenants who are looking for stylish, modern apartments in a very attractive location. The property is located close to all the amenities of the town, yet just 2 miles from the open countryside of the Arrow Valley Country Park.

Investment Highlights:

  • 98 top quality one and two bedroom apartments
  • 10% below market value, starting from £113k
  • Completion Date Q1 2021
  • Prime Town Centre location
  • Optional assured 8% rental return for 10 years 
  • Less than a 3 minute walk to the Train Station (London 2 hrs, Birmingham 30 mins)
  • A 2 minute walk to the newly refurbished Kingfisher Shopping Centre (140+ stores)
  • Over £200m of regeneration works in the local area
  • Average house price growth of 7.7% in B97
  • Leasehold – 250 years
  • Savills predicted that by 2022 West Midlands would see average capital values rise by 18.3% – more than twice the projected rate in London

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