Growing Population in Birmingham Drives Investment Opportunities

Written on .

    Demand for city-centre living in Birmingham is booming, as is the population. Between 2006 and 2016 the number of people living in Birmingham grew by 100,000. Furthermore expected to reach a total of 1.3 million by 2039 it is. The current undersupply of residential housing in Birmingham is creating a very competitive market and increased investment opportunities for investors.


    Increasing House Prices

    2017 saw Birmingham top the list for house price growth in England at a 7.5% average increase. Second only in the UK to Edinburgh. It is also one of the top cities for year-on-year growth. This is due to a house price increase of 6.6% between March 2017 and March 2018.


    Its affordable house prices – an average of £197,461 for the city centre – and undersupply of available homes makes Birmingham a city that investors should definitely consider.


    Build to Rent

    There’s much demand in the privately rented sector due to its high population of students, young professionals and young families in Birmingham. There are currently 1,500 Build to Rent apartments in development in Birmingham. Predicted that more will be constructed as tenant demand doubtlessly grows it is. Furthermore, with some rental yields reaching nearly 11%, there are great investment opportunities for buy-to-let investors in Birmingham.


    So if you are interested in investing in a Birmingham property, contact North Property Group today.

    Call Us:
    Leeds: +44 (0) 113 4264 444
    Manchester: +44 (0) 161 2449 060

    Or Request A Call Back

    North Property Group is a member of the Property Ombudsman.

    CMP Logo

    Copyright © North Property Invest
    Powered By Spotlight Studios

    Registered in England and Wales, Registered Office: One Brewery Wharf, Waterloo Street, Leeds LS10 1GX, Company Number: 10761978

    Contact Us

    Integrated Form

    Join The Investors Club

    Integrated Form

    Calculate my Stamp Duty

    Register your Interest

    Integrated Form