The Birmingham property market is booming with exceptional house price growth witnessed during 2017. Additionally, set to be another good year for growth in the city is 2018. This is mostly due to rental demand and investment into development projects increasing. The increasingly high rental demand is causing many investors to add Birmingham to their property portfolio. Join an abundance of other investors, and contact North Property Group today to discuss what options are available for you.
Birmingham is Leading the Way in The Property Market in The UK
A recent report by Hometrack published in December 2017 showed that Birmingham’s year-on-year house prices grew by 7.5%. This is higher than all other cities in England and second in the UK; following only Edinburgh. However, in comparison to the UK average of a 4.4% increase, it is very easy to see why Birmingham is an attractive market for property investors across the UK.
The report also stated that discount to listing prices halved from 6% to 2.7% between 2013 and 2017. This goes to show how strong the property market in the city is.
So contact North Property Group today if you are interested in investing in a property in Birmingham or anywhere else in the North of the UK.