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A Quick Overview Of Birmingham Property Market

Birmingham has been reinvented in the past two decades, following a long spell of decline as car makers and other manufacturing industries closed. Birmingham may not be as famous around the world as Manchester or Liverpool, but it is the UK’s second city in terms of population.

It has also just been included on a list of the best UK cities for buy-to-let; this isn’t surprising when you consider that average rents in the city are £766 a month. Property prices are still catching up to their peak and rising at nearly 5% a year currently.

The planned high speed rail link to London (HS2) will enhance Birmingham’s status among UK cities and could even see it finally catch up with Manchester as the UK’s main city for business investment in years to come.

For overseas investors, Birmingham already tops the chart for the UK, due to the value-for-money it offers in comparison to other cities such as London.

 

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A Quick Overview Of Birmingham Property Market

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