UK property has shown time and again its extreme resilience through economic highs and lows, proving it a low-risk way to grow wealth. With economic growth at its fastest rate since 1973, low interest rates and huge infrastructure investment across the country, now is the perfect time to invest in UK property.
Confused on where to start? Here are our top recommendations on locations and properties that will tick all your boxes or contact Jan at +852 9884 9554, or [email protected] for a consultation.
Boasting the second largest regional GDP in the country, Manchester is the leading city of the North with a rapidly growing economy and population. With extensive infrastructure, construction and regeneration projects underway, Savills forecast the highest house price growth at 28% by 2025 making it an attractive investment.
Home to over 100,000 students, the city has the second largest student population in the UK. With graduate retention close to 60%, employers benefit from a highly educated young population. Currently 80 of the FTSE100 companies have a presence here, including Google, KPMG and Adidas, and the city produced 5 of the UK’s 15 unicorn companies.
Recommendation: 55 Queen Street
Location: Greengate, Manchester City Centre
Status: Completion Q4 2022
Prices from £230,580
Invest from £58,000
City centre living without the price tag. Located just minutes walk away from the shops on Deansgate and the Spinningfields CBD, Greengate has attracted continued development and investment from the biggest funds. These factors continue to increase demand and drive prices up in this popular growing area.
Birmingham is transforming into a world class destination through an exciting £9bn investment known as the Big City Plan. Historically the UK’s second city with a population of 1.15 million, the city will soon be home to HS2 (high speed railway) connecting to London in just 50 minutes.
The city is one of the most affordable places to live in the UK, and has a huge rental market bolstered by the youngest population in the country. The thriving financial, aerospace and manufacturing industries are backed by HSBC, KPMG, Deutsche Bank, Deloitte, PWC and Rolls-Royce to name a few, which is why Savills forecast house price growth at 23.9% by 2025.
Our Recommendation: Digbeth One 2
Location: Digbeth, Birmingham City Centre
Prices from £160,000
Invest from £40,000
Influenced by the area's industrial heritage, this exciting opportunity offers the best price per sq. ft. of any new build development in Birmingham's Creative Quarter Digbeth. Already a local favourite, this area of the city is seeing huge investment because of its close proximity to the new HS2 station making it perfect for price growth.
London Commuter Belt - Ashford
Ashford is the ultimate commuter town with trains connecting to London Kings Cross in 36 minutes, along with Paris and Brussels via the Eurostar at Ashford International station. With prices around 75% cheaper than Kings Cross, it’s easy to see why employees of Google, Facebook and Sony Music are considering this well-connected location.
Already the commercial capital of Kent, this established market town is set to become the UK home of Amazon, Netflix and HBO when a new £250m International Studios opens in 2023. Plus Amazon’s new £34m distribution hub is set to open next year and the huge designer outlet recently completed a £90m expansion. All this means Ashford is expected to double in size over the next 25 years.
Recommendation: The Triangle
Location: Ashford Town Centre
Status: Completion Q1 2023
Prices from £215,000
Invest from £54,000
Offering picturesque views overlooking Victoria Park and the Great Stour River, The Triangle is perfectly located just a short walk from every amenity in Ashford. The apartments are competitively priced for Ashford and parking is included with 2 and 3 bedroom properties, making for an attractive resale when the time comes.
Ready to take the next step? Contact Bond & Prosper for a free impartial service finding the right property for your investment criteria and wealth growth plans.
Contact Jan at +852 9884 9554, or [email protected] for a consultation.