Birmingham and All its Glory
Big Business
Birmingham is growing. Billions of pounds have been put into the development of the city. The business and shopping districts are booming, and well-known enterprises are relocating their head offices to the core of the city. The large organizations provide an increase in job vacancies causing an influx of people to relocate for enticing career opportunities. The infrastructure is improving with intelligent transportation systems built for ease of travel to all parts of the UK. The population continues to grow bringing a liveliness to the city. There is excitement in the air.
The benefits are clear. Birmingham is a city that is booming with no signs of slowing down. The city has been transformed with major developments continuing across the region. The expansion of the HS2 will create several new neighborhoods and rail lines that will connect London to Birmingham, Manchester, and Leeds well into 2026. The city has changed from a caterpillar to a beautiful butterfly offering more canals than Venice, Michelin Star restaurants, employment opportunities, accessibility, ease of transportation, dynamic culture, and lots of green space. The level of certainty is clear and obvious.
What does this all mean?
Birmingham has never been more visible on the world stage. According to an article in ‘The Telegraph,’ “Investors see Birmingham as a safer bet than London and with much more room for profit growth.” Because of the increased international interest, now is the time to invest with 31% capital growth in the past eight years with predication of that value rising another 20-30%.[1]Investors should focus on the city center where the business and shopping districts are booming. Because of the influx of organizations relocating their businesses to the center of Birmingham, more people will want to live in the core.
Apartments near the New Street station are becoming very popular with investors. One development sold all their units in 10 minutes, while another development tried to launch an event showcasing their units but sold out before the event could happen. Not only investors, but developers are rushing to take advantage of the attractive, rejuvenated Birmingham. All parties see the promising value and return on their investments.
Birmingham is also experiencing an influx of students, which has become a great investment for landlords. It is becoming a cool, hip place for the younger generation. There are a lot of pubs, trendy restaurants, neat buildings, and an abundance of green spaces. The salaries and living costs are sensible for the young generation, which are attracting more students and young professionals to relocate. This invites another great reason to invest in the second city of Britain as investors will benefit from the great yields in the buy-to-let market.
Vista Invest recognizes UK property being one of the safest and most secure property markets in the world. There is also an increasing lack of supply in the private rental sector due to record number of residents renting instead of buying. Many investors are taking advantage of this and achieving fixed rental yields from 7% per annum, as well as, clearly defining exits offering fixed capital growth.
With prices in London spiraling out of control, Birmingham’s affordable prices, booming business sector, high proportion of young professionals, and cultural activities have made it an extremely attractive investment prospect for developers, investors, and landlords. In tune with the city’s 20 year vision, the focus in Birmingham is on long-term returns rather than short-term. As the population rises, the demand will always be there.
Vista Invests personal approach and attention to client care ensures that you will find the property to match your investment needs. You will be guided through each stage of the purchasing process. We cater to all types of investors and professional landlords even if you are looking for your first property or to build a portfolio in the Birmingham area. Now is the time to invest in a flourishing city with certainty.
[1]Source: Hometrack UK Cities House Price Index














