birmingham
Birmingham is a leading destination for UK real estate investment with one of the highest levels of price growth forecast for the whole of the UK for the next 5-years at 19.2%.
Birmingham is the UK's second city with the largest city economy outside of London, with an economic output of £31.9 Billion and is established as a prosperous, high-growth city for investment.
The city has the youngest population in Europe with 40% under the age of 25-years old and 75% under 35 years old partly due to its graduate retention rate from its world class institutions, currently at 50%.
With its young population there is an undersupply of new homes with 127,600 additional homes required to meet its growing demand, making it an ideal location to invest for growth and stability.
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birmingham Real estate investment
Birmingham has the second largest city economy outside of London worth £31.9 Billion.
Birmingham has attracted multinational corporations including Deutsche Bank, HSBC and PWC who have relocated offices to the city.
Billions of pounds are being invested into regenerating the city, attracting new residents and businesses increasing demand for housing. The city's infrastructure is also being heavily invested into with the extension of the Metro, HS2 connecting London in just 49-minutes and the expansion of Birmingham Airport.
The city offers real estate investors stability and growth with estimated property price appreciation of 19.2% and 19.3% rental price growth over a 5-year period.
Why Invest in birmingham
Birmingham is the UK’s second largest city with the highest quality of living in the UK after London, with its population enjoying the highest level of income after household spend, it is no surprise that Birmingham is expected to experience rapid growth over the next few years.
Regeneration projects supported by Birmingham City Council including The Paradise City Redevelopment Project, Eastside Locks, Birmingham Smithfield and The Big City Plan are attracting new residents and businesses to the city.
Birmingham is home to five universities and a number of highly regarded business and law schools. The city has one of the UK's largest student populations of around 80,000 and boasts a 50% graduate retention rate, which is fuelling the increasing young population.
With 40% of its residents aged under 25 this means that they will need their own homes over the next 20-years. Birmingham will need to build over 127,600 new homes within this period, which is the highest level required for any English local authority area.
This undersupply of new homes is creating a high-level of pressure on real estate prices and rental prices in the city. Industry experts forecast 19.2% price growth and 19.3% rental price growth over a 5-year period, making the city an excellent choice for real estate investors seeking increasing rental yields and capital growth.
Birmingham will need to build more than 127,600 new homes in less than twenty years, the most needed for any English local authority area.
This is partly due to its graduate retention rate from its world class institutions, currently at 50%. The city has an estimated student population of around 80,000.
Birmingham is experiencing a significant undersupply of new homes with demand far outweighing supply due to its growing young population.
Multi-national businesses such as Deutsche Bank, HSBC and PWC are among a large number of big corporates to have relocated offices to the city. Birmingham is also the largest 'start up' centre outside of London, having drawn in over 3,000 tech firms.
Industry experts JLL forecast 19.3% rental price growth by 2027, exceeding the UK average growth forecast making it one of the leading cities in the UK for growth..
Growth will be driven by the chronic shortage of new homes and demand outstripping supply as the city's population grows.
HS2 is due to open from 2029 and shorten the travel time to London to just 49-minutes.
Birmingham Airport is undergoing expansion and currently serves 11.48 million passengers per year.
birmingham properties
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birmingham's KEY BENEFITS
These projects supported by the Birmingham City Council, are revitalising the city and attracting new residents increasing demand for housing generating upward pressure on Birmingham's real estate prices and rental prices.
Multi-national businesses have relocated to the city including, Deutsche Bank, HSBC and PWC.
Birmingham is also a major pull for enterprise, being the largest start-up centre outside of London.
With around 80,000 students in higher education Birmingham has one of the UK's largest student populations.
This vibrant city retains 50% of its graduates adding to its talent pool, which is a major draw for large multi-national corporations.
CITY
LOCATION
Birmingham is a major city located in-between the UK’s largest cities including Manchester and London, with its central location being a key factor in its success and appeal for investment and development.
Birmingham has a wealth of excellent transport links nationally with the road and rail networks, with HS2 due to be completed from 2029 decreasing the travel time to London to just 49-minutes.
Birmingham's international airport is also undergoing expansion, increasing its international connectivity.
The city benefits from excellent connectivity with public transportation links across the city with the Metro, which is undergoing an upgrade.