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Octagon at Paradise

77 Paradise Circus, Birmingham, B1 2DT., United Kingdom, Birmingham, United Kingdom
GBP 200,000 - 1650000

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Overview

Bedrooms1-3
Bathrooms0
Area52-91 sqm
Year BuiltN/A

A 49-story octagonal residential tower in Birmingham, set to be the world’s tallest pure octagonal residential building.

Building/Community Amenities

  • 24/7 Concierge
  • 24/7 Maintenance
  • Business Center / Co-working Space
  • Clubhouse / Resident Lounge
  • Fitness Center / Gym
  • In-Unit Laundry (Washer & Dryer)
  • On-site Retail / Shops
  • Pet-Friendly
  • Private Dining Room

Investment Insights

Investment Analysis

Investment Summary

Property Price:£200,000
Down Payment (30%):£60,000
Total Investment:£0
Monthly Rental Income:£0
Net Annual Rental Income:£0
Future Property Value:£0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

Foreigners can buy property in the UK with no restrictions, enjoying the same rights as local buyers.

Tax Considerations

Property Taxes

Property taxes in the UK include Stamp Duty Land Tax (SDLT) on purchases, which varies depending on the property's value and buyer's status (e

Transfer Tax

Stamp Duty Land Tax (SDLT) on purchases, which varies depending on the property's value and buyer's status (e

Inheritance Tax

Capital gains tax applies to profits from selling property, with rates depending on the owner's residency status

Important Considerations

Restrictions

  • Foreigners can buy property in the UK with no restrictions, enjoying the same rights as local buyers.

Required Documents

    Financing Options

    Financing Options

    Mortgage Calculator

    £60,000
    Loan Amount:£140,000
    Monthly Payment:£0
    Total Payment:£0
    Total Interest:£0

    Financing in United Kingdom

    The United Kingdom offers a range of property financing options for foreign buyers, making it an attractive destination for international investors. Typically, loan-to-value (LTV) ratios for foreign buyers range from 65% to 75%, allowing investors to leverage their property purchases effectively. The UK’s stable economic environment, coupled with competitive interest rates and strong legal protections for property owners, makes it a favorable market for mortgage financing. Additionally, the diverse property market, from bustling London to serene countryside estates, provides ample opportunities for investment.

    Requirements for Foreign Buyers
    • 1
      Valid passport
    • 2
      Proof of income (e.g., tax returns, salary slips)
    • 3
      Recent bank statements (typically 6 months)
    • 4
      Credit history report
    • 5
      Proof of employment or business ownership
    • 6
      Deposit funds (usually 25% to 35%)
    • 7
      Proof of address
    Popular Lenders

    Contact Information

    City Developments Ltd

    City Developments Ltd

    Property Developer

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    Contact Developer

    Mention property ID: Octagon at Paradise when contacting.

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