A former Birmingham City player has expanded his property consultancy to target the city’s growing residential market.
Mat Sadler, who is still playing professional football with Shrewsbury Town, has launched S&P City from its base in Colmore Row to focus on letting, selling and managing city-living homes.
The new division is an offshoot of property investment firm Sadler & Partridge which he co-founded in 2017 with business partner Paul Partridge, himself a director of Yardley-based estate agency Partridge Homes.
Mr Sadler said: “Birmingham provides ideal opportunities for property investors looking to both receive long-term rental returns and the capital growth of a property.
“The city has a house price growth of 7.5 per cent, compared to London’s capital growth of 1.8 per cent, making it the best in the UK.
“We’re extremely excited to launch S&P City.
“Not only does Birmingham have an unrivalled annual house price growth, the average property price in Birmingham is three times cheaper than that of property in London, meaning investors can buy charming properties for as little as £130,000.”
Birmingham has seen a rapid rise in city living developments in recent years with projects such as The Bank, in Broad Street, and St George’s Urban Village, in the Jewellery Quarter, just two of the many projects brining thousands of new flats to the market.
Mr Partridge added: “We know that some investors spend an average of 12 hours per week researching and executing their property acquisition and management strategy and are sometimes reluctant to let go of the reigns.
“The ethos of our company is that of trust, transparency and ease of financial control.
“We are already working with those in the sporting profession as well as first-time and experienced investors and we are looking forward to helping many more in 2019 and beyond.”
Source link Google News