Away from the glitz and glamor (and expense) of London, Birmingham has earned the title of second metropolis. With a captivating historical past and thrilling future, Birmingham is on the funding radar. Traders are starting to see the potential for progress and development, and the final buzz round Birmingham is getting louder.
For those who’re contemplating including property in Birmingham to your portfolio, listed below are 5 causes you need to put money into Birmingham proper now.
Birmingham’s Wealthy Tradition
Birmingham offers buyers the prospect to personal property in a metropolis with a wealthy and thriving tradition. The panorama speaks to its historical past as an 18th-century manufacturing powerhouse, with rising fashionable hotspots dotted with world-class retailers and classy bars. To not point out the ‘Peaky Blinders’ impact.
Every space of Birmingham has one thing completely different to supply. Go to Digbeth for an perception into the town’s inventive aspect, or see generations of abilities within the well-known jewelery quarter. Residents will be immersed in genuine meals and leisure from all over the world with over 108 languages spoken within the metropolis.
Why do individuals select to dwell in Birmingham?
Birmingham is rising and we’re seeing an increasing number of buyers eager to discover their choices right here. Extra individuals are eager to dwell in Birmingham, and we’ve perception into the developments the place they need to dwell. There may be a sexy way of life on supply in Birmingham with a number of sights proper right here within the metropolis. Cadbury World, Birmingham Artwork Gallery, and Symphony Corridor are only a few of the favored sights on supply. The NEC and resorts world are simply out of the town centre, and plenty of different sights similar to Alton Towers are simply an hour away.
There’s a sturdy demand for renters as housing is extra reasonably priced and because of a number of ongoing regeneration tasks, the way forward for Birmingham is vivid. The 2018 Birmingham Financial Evaluation reported that Birmingham is the youngest main metropolis in Europe, with below 25s accounting for almost 40% of its inhabitants.
With nice Universities and faculties, Birmingham additionally gives a house for hundreds of worldwide college students who select to additional their training in Birmingham, providing an excellent marketplace for funding.
How will HS2 Profit Birmingham?
The HS2 mission goals to extend railway effectivity, cut back overcrowding, and create a extra linked community throughout the nation. 1000’s of jobs have already been created with many extra to return because the mission continues and settles in Birmingham.
The zero-carbon transport community will add capability and connectivity at over 25 stations within the UK, with Birmingham’s Curzon St Station on the coronary heart of the HS2 community. The primary part is the London to Birmingham route and journey between the 2 will take simply 52 minutes. Whereas completion of the 1st part will not be till round 2030, investing now means you might be making ready your investments for the long run.
Birmingham is a Linked Metropolis
Even with out HS2, Birmingham has implausible transport hyperlinks. The central location is nice for exploring the UK or visiting family and friends simply on weekends. With common public transport and a significant airport close by, nothing is just too distant. The newly refurbished Grand Central station introduced Birmingham into the fashionable period, with a daring look and up to date routes.
Birmingham to London by practice takes simply 1 hour 21 minutes making it simply commutable for these in enterprise, or excellent for a day journey to see the sights, store, or see a west finish present. The central location means there are direct routes to different common cities similar to Glasgow, Liverpool, and Cardiff. Manchester is slightly below 2 hours away with round 25 trains a day touring there.
The Birmingham 2022 Commonwealth Video games
The Birmingham 2022 commonwealth video games arrive in Birmingham on 28th July and can conclude on 8th August. In fact, the video games alone aren’t a motive to take a position. It is the gravity of the occasion that can pull individuals in. In 2019, the federal government introduced £778 million to be invested within the metropolis and the encompassing areas in preparation for the occasions. The funding within the metropolis is not going to solely present Birmingham as an actual contender on the worldwide sporting stage, however depart a legacy past the video games that residents can take pleasure in for years to return. Birmingham is among the UK’s prime areas to buy an funding property and it is easy to see why. To seek out out extra about our improvement and funding alternatives in Birmingham, get in contact with our professional crew.