Commercial Mortgages Kings Heath

The Kings Heath commercial property market

Kings Heath sits immediately south of Moseley along the A435, with the Kings Heath High Street and York Road retail spine running through the centre. Multi-let retail parade investment is the dominant single product, owners holding parades of four to twelve units mixing national and independent retail with AST flats above. The All Saints Park and Highbury Park residential catchments anchor the consumer spend.

Independent F&B has grown materially along the High Street and onto York Road over the last 36 months, supported by Kings Heath's reputation as an evening destination in south Birmingham. Operators buying the freehold of the unit they have been trading out of route through Cynergy Bank, Allica and Shawbrook on trading-business mortgages. Semi-commercial shop-with-flat above is the bread-and-butter residential underwriting archetype.

HM Land Registry residential transactions across B14 confirm a strong urban catchment with median values supporting the AST rental stack on above-shop residential. Used as a market-temperature signal they confirm Kings Heath continues to absorb supply, which underwrites the upstairs flat income on semi-commercial parade stock. Stamp duty applies at the commercial rates on every freehold commercial purchase.

Active commercial property types in Kings Heath

Lender appetite for Kings Heath parade investment and semi-commercial

Multi-let parade investment strong via Shawbrook, InterBay Commercial, Cambridge & Counties and Cynergy Bank on stabilised parade stock. Semi-commercial via InterBay Commercial, Together, Hampshire Trust Bank and Aldermore at 75% LTV. F&B trading-business via Cynergy Bank, Allica and Shawbrook. Commercial mortgages are unregulated lending and fall outside the FCA's regulated mortgage perimeter, we do not hold FCA authorisation because the products we arrange are unregulated.