Pictured: Sales adviser Maria Pownall at Hive

Eastside development Hive hit a summer sales high in August and September with fourteen properties sold at the popular residential scheme.

With no sign of the traditional summer slowdown at Hive, visitor levels remained consistent in August and September with the majority of properties sold to owner occupiers keen to move into Birmingham city centre and be a part of Eastside's growing community.

John Moffat, development director at Hive commented: "It's been a great couple of months at Hive with no sign of the slowdown often experienced at residential developments during the summer holidays. The Eastside community here is growing fast, as is the status of this side of the city. Construction commencing on the City Park last month has proven a real talking point with purchasers who can now see exactly how close Hive is to this fantastic new public facility.  

"With Hive's own Secret Garden for residents also nearing completion, Eastside offers house hunters the opportunity to live within walking distance of all the city centre has to offer while also being able to enjoy almost seven acres of formal lawns, public squares, water features and planted gardens.

"The start of work on the park followed the announcement that Willmott Dixon has been chosen by Birmingham City University as the approved contractor for a £61m project including phase one of its City Centre Campus in Eastside. This will deliver another fantastic learning environment to this side of the city and can only further boost both the community and economy within Eastside. With the new Hotel La Tour also under construction next door to Hive, the future HS2 terminal and new Birmingham Magistrates Court, Eastside is really starting to gather some critical mass, and purchasers are able to see the potential capital growth on offer."

Mark Evans, Partner at Knight Frank, added: "Since the launch of the second phase at Hive earlier this year we have seen encouraging sales figures. Hive is an excellent development for owner occupiers as well as investors due to its great location, fantastic value for money and exceptional finishes to each individual apartment."

Part of the wider £600m mixed-use Masshouse scheme in Birmingham's Eastside, Hive brings an exciting and innovative new collection of studio suites plus one and two bedroom apartments to the city centre.  

A choice of studio suite and one bedroom apartments are currently available with prices starting from £90,000. Properties are ready for immediate occupation and benefit from a prime Eastside location within walking distance of the Bullring, High Street, Colmore Business District and universities in the vicinity.

Kick started through funding from the Homes and Communities Agency, Hive has triumphed over difficult market conditions, delivering stylish new apartment that are also highly innovative.  All properties at the development are powered by Birmingham District Energy Company (BDEC) - the first time residential homes in the city have benefitted from the city's district water heating system, saving an estimated 92 per cent of CO2 emissions and reducing residents' hot water and heating bills by around 30 per cent.