Mike Smuts December 10, 2018 Uncategorized no responses

Focusing on the UK’s largest Cities, with billions being invested into improvements, regeneration and infrastructure, these cities have been outperforming London in regards to average capital growth in houses prices and rental yield increases. It’s no surprise that 2017/2018 has seen the largest take up of investors buying up in key city centre locations taking advantage of the lower £psf value compared to London, less additional stamp duty charges and higher rental yields .

Birmingham Current Pricing : £300-£450 PSF

  • 2018 population: 1,147,300 – 2041 projected population: 1,313,300
    Property price growth over past five years: 29.46%
  • The city has a young population compared to the country as a whole
  • five university campuses
  • The city has the sixth highest graduate retention rate of any UK city, and the third largest inflow of graduates with no prior connection to the city.

Manchester

  • 2018 population: 553,500 – 2041 projected population: 631,500
    Property price growth over past five years: 30.60%
  • The city is second only to London in terms of its graduate returners (at 58%), as well as its inflow of graduates with no prior connection to the city.
  • Businesses are doing much to harness this talent; Amazon, for example, chose Manchester as the site of its first Amazon Academy, running a series of programmes and events designed to help hundreds of small, local businesses.

Liverpool

  • 2018 population: 495,300 – 2041 projected population: 554,500
    Property price growth over past five years: 24.67%
  • 42% of Liverpool’s population is below the age of 30, compared with 37% nationally.
  • This youthful population is driving forward Liverpool’s reputation as an innovative, entrepreneurial city. It is also one of the main forces behind the extensive regeneration that the city is experiencing, while the growing trend for city centre living is creating new hotspots close to key attractions and amenities.