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Birmingham offers better value for money than both Brisbane
and Brooklyn for property investors, according to research compiled by Investorist.
According to recently released data, as well as the growing infrastructure,
Birmingham is becoming a more attractive place in terms of off-plan property investment
opportunities. Investorist found that compared
to other international urban cities such
as Brisbane and Brooklyn, Birmingham offered the most value.
In Brooklyn for instance, an apartment listed came in at £10,793 per square metre,
and thus making it the most expensive of the three cities.
Brisbane followed, at £3,976 per square metre, while Birmingham offered a superior deal, at just £3,068
per square metre. "Birmingham offers an excellent investment landscape, from high end retail space to some outstanding residential property developments. "Quite simply, investors can get more for their money by looking at
off-plan buy-to-let homes in the UK right now than they can in many destinations around
the world. In addition, the city boasts an ever bustling
presence of culture and entertainment and nightlife.
If you’re looking for something particularly seasonal, the
Birmingham Royal Ballet is host to annual festive performances of The Nutcracker from the 25th of November-13th December.
 The latest figures back up that view too.
"Cardiff is also doing well as a city but properties there are a bit pricier than in Swansea and Newport," adds
Mike. Is it time to reduce your costs by remortgaging?
Recent figures from Zoopla show that properties in Edinburgh
are the fastest selling in the country, taking just 22 days on average to shift.
The city’s housing market is buoyant with opportunities, according to
the experts, in a number of areas. Malcolm Leslie,
Director of Residential Agency at Strutt & Parker says: "In terms of buy-to-let the Edinburgh market has been exceptionally strong over the last two years and a lot of that is driven by Airbnb. "There can be spectacular returns for people
investing for that reason. A really good property off the Royal
Mile can yield spectacularly. But it’s not just about being close
to the main tourist attractions
and renting on a short-term basis. "There are new developments going on in the east of the city in the old St James’s Centre," says Malcolm.
"That will pull values up in the east end and anywhere accessible to that. "There is also regeneration going on in Haymarket in the west end.
Rob Bence says: "Liverpool has seen huge investment over the last few years and there are several major development projects underway that will have a massive impact on the city.
Today, it seems clear that many of the UK’s best buy to let areas are located north of the Midlands. But which towns and cities should you consider? We’ve trawled through house price reports and spoken to local experts around the country, building an authoritative picture of towns and cities that combine affordable prices with healthy scope for capital appreciation. And we’re putting our money where our mouth is too: these are the areas that we’re targeting for our own personal buy to let property investments, and where we’re aiming to acquire development sites. And once you’ve finished digesting this, you can head on over to watch our free video guide on the best places to invest in buy to let property this year. You should know by now that property prices in Manchester city centre have exploded over the last few years.
And it’s not just property: the city has been transformed, and is now one of the most vibrant and exciting places to live in the whole country. The city centre is still a strong place to invest in property now, but it also opens up opportunities in the surrounding areas. This is the same "ripple effect" (which we’ve covered on our Property Podcast) that we’ve seen in London in the past. After the last crash, prime London was the first to recover - and as prices rose, the growth gradually rippled further out until it reached the Home Counties. We believe the same will happen in Manchester - and there are so many areas set to benefit. From Wythenshawe to Stockport to Bolton, there are places to keep your eye on all around Greater Manchester.
Look for places on the tram network for easy commuting into the centre to benefit the most. Of all the areas we’ve identified, Greater Manchester property investment seems like the safest bet for investors in 2019: it’s already moving, but there’s a lot further to go. Liverpool rightly takes one of the top spots in our best places to invest in property, particularly if you’re focused on investing in the North. It’s a city with loads to offer in its own right, and will also benefit from the Manchester ripple effect. Despite massive regeneration of the city centre, prices in many areas haven’t recovered past their 2008 prices - meaning that in real terms, you can buy in at a lower price than you could have done over a decade ago. As a result, yields for investors are strong too.
They vary by area of course, but on the whole yields are higher than in Manchester or Leeds. And there’s more regeneration in Liverpool still to come. The company behind Liverpool Waters is The Peel Group, who are responsible for The Trafford Centre and Salford Quays in Manchester - so their pedigree couldn’t be much higher. Liverpool property meetups are held every month and they’re a great way to discover more about this cracking location. House prices in Leeds haven’t picked up as much as some other areas (most noticeably Manchester) since the last crash. Around 2006 and 2007 there was a construction boom in Leeds, with thousands of new apartments being built. Unfortunately, most were completed around 2008 just as the economy collapsed - so the anticipated demand wasn’t there, and prices collapsed too.
This led to the persistent idea that there’s an over-supply of accommodation in Leeds - so very little has been built since. This was true 10 years ago, but the population of Leeds has grown faster than any city other than Manchester. A fast-growing population (seven times faster than London, in fact) and very little construction means that an over-supply has become an under-supply. So far, pension companies are the only people building at scale in the city - but we believe it won’t be long until other developers and investors catch on. On top of that, there’s over £7 billion of development in the pipeline for Leeds which makes it a great place to invest - including an enormous regeneration project on the South Bank around the future HS2 station.
Sheffield is another contender for the Manchester ripple effect. Of all the cities we’ve looked at so far, it’s probably the furthest behind in the property cycle. This means that prices are low - shockingly low, when you look at what you can buy an apartment for in the city centre. The centre itself has already improved dramatically, and there’s a lot more on the way: The Moor shopping centre alone is having £480 million spent on it, HSBC is opening new offices, and there are two luxury hotels being developed. Is 2019 too early for significant price movement in Sheffield? You’re unlikely to see big gains this year, but it offers the opportunity to buy in at a great price - locking in strong yields, and allowing you to benefit from the growth that we believe is ahead.
Sheffield is a buy to let property investment hotspot to watch! Nottingham is bizarrely missing from the radar of most property investors. When you look at its central location and what it has to offer in terms of employment and leisure, its prices are just too low. The city centre is a great place to live, and - much like Leeds - there has been minimal new construction. It also has a well-balanced economy with major employers in multiple industries, as well as having two major universities with tens of thousands of students. The effective and extensive tram network offers opportunities outside the city centre too.
Yields are strong both in and out of the centre, but price growth is likely to be strongest in the city itself. Over the past 12 months, house prices in Birmingham have risen faster than any other UK region, so it’s only right that it makes our list as we highly rate Birmingham as a great location for investment. Once the eagerly awaited HS2 makes its debut, Birmingham will easily be one of the most well-connected cities in the UK. Add this to a 1.1 million population which is expected to grow to 1.3 million by 2039, and you have a pretty top-notch location on your hands. We’ve already mentioned Greater Manchester on this list but we also had to include Manchester city centre as a great place to invest this year.
The city centre has had a vast transformation over the past few years and low stock levels coupled with such high demand have made Manchester a desirable place to invest. House prices here have continued to rise and rental yields are great due to the high tenant demand. It’s a thriving employment hub which, combined with fantastic transport links, makes for a vibrant and bustling city centre with a great social scene - something in high demand, particularly with young working professionals. Manchester city centre has appeared in many buy to let hotspot lists over the years and 2019 is no different - there’s plenty more to come from this thriving location. Most importantly, don’t chase the highest yields and target the cheapest properties you can find. They’re likely to be in less desirable areas that will have below average growth, and could well appeal to tenants who’re more more likely to cause you trouble too.
 Connells estate agents are one of the leading brands within the property industry across the UK. We cover Birmingham City Centre and it's surrounding areas such as Sparkhill, Sparkbrook, Nechells, Lozells, Hockley, Edgbaston, Balsall Heath, Highgate, Digbeth, Saltley, Small Heath, Bordesley Green, Stechford, Aston and Yardley. Connells offer a comprehensive service giving you the best possible chance of either buying, selling or letting your home. These services include Premium Marketing Packages, Mortgage Services, Home Conveyancing, Full Management Services and a a FREE Home Finder Service. Our team at the Birmingham branch have over 50 years combined experience within a vibrant market place.
We also provide a Land and New Homes service, currently offering a wide selection of brand new high quality apartments throughout the city and beyond. We also provide Lettings and our team are here on hand to provide you with 24 hour care as a landlord. We have great knowledge of the current and future developments and can provide you with any further information you require. Knowledgeable sales team to advise about the local area and housing market. Prominent High Street location. Extended opening hours and open all day Saturday. Wanted - Two bedroom apartment in and around the Jewellery Quarter and St Paul's Square. Wanted - Apartment to Let in Birmingham City Centre close to the Children's Hospital. Wanted - Needing houses around B9, B10, B11, B12, Buyers qualified looking to purchase now. Wanted - Need a 2 bed in Centenary Plaza, Holliday Street B1 or Postbox, Upper Marshall Street B1. Have a cash buyer waiting to proceed. Wanted - NEED A 1 OR 2 BED APARTMENT IN WESTSIDE ONE. Wanted - NEED 2 BED APARTMENTS IN SKYLINE.
When we talk about property investment, Birmingham is typically high on the list. Birmingham has been experiencing something of a renaissance over the last few years, especially when it comes to property growth. Thanks to billions of pounds of investment heading Birmingham’s way, it has fast become a UK property investment hotspot. The first six months of 2017, for instance, saw house prices rise by 6.1% in the area, more than any in any other UK city according to research conducted by Hometrack. Huge investment into regeneration hasn’t been the only factor in Birmingham’s stunning rate of growth. The upcoming connections set to be offered by the impeding HS2 rail network, connecting it to London, are seeing a large commercial buzz centring around Birmingham and the new opportunities that the new links will open. Word gets out fast.
With the enormous growth experienced in Birmingham, investors across the globe are becoming intrigued by the opportunities the city can offer them as a divergence from what’s typically offered across London. A lack of available supply when combined with high property prices is encouraging them to seek out other property investment opportunities. Statistics show that Birmingham’s popularity has helped buy-to-let owners see their yields grow by 24% over the past year. The highest yields in the UK for buy-to-let landlords can currently be found in the North West. That’s just one of the reasons why house prices continue to rise and a property investment in Birmingham simply shouldn’t be ignored.
Like any investment opportunity, though, an investment into property has to be carefully considered and approached to get the best results possible for your money. Property is no different from any investment opportunity on the planet. Your capital is at risk with every investment and you need to do some serious research before committing to such a big project as property ownership. With the right guidance though, investors can be introduced to property investment opportunities in Birmingham and beyond that could provide potentially high returns for their savings in a short period of time. Some feel it’s the right move for them, but fear choosing the wrong property and amassing little value thanks to high rates of stamp duty and other factors.
FJP Investment offers a consultative approach to property, and can help investors to diversify their portfolios into bricks and mortar through fixed investment return bond opportunities that provide regular interest payments, short-term opportunities and much more besides. You don’t have to be a landlord to reap the potential benefits that property can provide in the UK. Speak to FJP Investments’ expert team of property consultants today to find out more. FJP Investment is a team of investment specialists sourcing a wide range of investment opportunities both in the UK and overseas. Recently launched loan note investment from The High Street Group open to UK and Overseas investors.
We are an independently owned and run chartered surveying practice operating from offices in the heart of Birmingham City Centre, Leamington Spa and Stratford upon Avon. We specialise in providing top quality commercial property advice throughout the Midlands to corporate clients, government bodies and private individuals. Deloitte Real Estate redefines the concept of a full-service real estate business, offering a breadth of capability and an innovative approach unequalled in the market. Our team combines traditional property services with financial and business advisory expertise to deliver integrated solutions on the most simple assignment to the most complex. We are a national firm of chartered surveyors and property consultants with a network of nine offices and more than 348 employees.
 This includes 90 partners and 55 associates one of the highest partner-client ratios for our sector. GVA is the UKs largest independent commercial property consultant. Headquartered in London and with 12 offices and 700 fee earners across the UK, GVA offers the countrys largest and most diverse multidisciplinary property consultancy outside of the capital. Our 200 year heritage has given us stability and resourcefulness. We bring a vital insight to all your challenges, as well as the creativity to solve them. Colliers International is a leader in global real estate offering comprehensive services to investors, property owners, tenants and developers around the world. They have 522 offices in 62 countries around the world. Whilst having a global presence they offer a local service, understanding the market well and serving customers in an excellent manner.
Wright Silverwood was established in 1991 by Jim Wright and Andy Silverwood who formed their own Practice which was then followed by rapid growth, both in terms of personnel and client base. Wright Silverwood offers a range of services including investment advice and leisure property. Harris Lamb was established in 1992 to provide commercial property advice on a regional and national basis to clients that include Occupiers, Developers, Property Funds, Investors and Public Sector Organisations. Co has enjoyed over 75 years of progressive growth and development. It was in 1935 that George Christie, James Owen and Nick Davies founded a practice in London's West End, and London remains the location for the company's present headquarters. Co is the UKs leading agent and adviser in the hospitality, leisure, care and retail sectors. |
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