Why you should be investing in Birmingham?

Investors from across the globe are flocking to Birmingham in their droves to get their stake in the property boom. Birmingham’s Big City Plan https://bigcityplan.birmingham.gov.uk/ is well underway with the regeneration of Grand Central Station, John Lewis and the Central Library costing a whopping £4 Billion!

Infrastructure

The new Midland Metro system is in operation across the region with planned extensions that will make getting around this great City easier. Work on HS2 is due to start in the coming months and once completed, will allow people to commute from Birmingham to London is under 50 minutes!

Property

City Centre apartment prices in Birmingham are on the up, not only by the thousands of people wanting to come and work and live in the City, but by the 73,000 students who study at one of 5 Universities and over 10,000 of these students are middle-class Chinese with budgets from home, allowing them to rent brand new apartments.

One of the reasons behind this sustainable upward curve is the gross-undersupply of new apartment developments during the financial crisis years and developers have been extraordinarily slow in feeding this growth of demand. You only need to look at the regeneration projects around the City to know why Birmingham is rated as the Number One investment prospect in the UK and incredibly sixth best place to invest in Europe, according to Emerging Trends in Real Estate produced by Urban Land Institute and PwC. In fact, Birmingham has more foreign direct investment than any other UK region according to Marketing Birmingham.

Economy

Our economy here in the Midlands is vast, worth over £23 Billion per annum with a growth rate of over 15% in the last 8 years. With huge employers such as; Jaguar Land Rover, National Express, Sainsbury’s, Asda, Lloyds Banking Group, RBS and many others. Birmingham is the fastest growing UK city, and the youngest major City in the whole of Europe.

When you look at the prices for property in the region, is it clear to see there is real value for money in Birmingham. As a company based in Birmingham and having seen the growth of the City over the last few years, buying now is perfect timing. You do have to be quick, as the last developments to be released on to the market have sold within a matter of days and this shows the type of demand we are experiencing.

You can arrange a call back with us to discuss your individual requirements and whether Birmingham is the ideal investment area for you.