Why to invest in Nottingham Property?
Nottingham is the heart of the East Midlands with a population of around 330.000 people, most of them are students and young professionals, which makes it one of the youngest cities in the UK. This is a great opportunity for property Investment in Nottingham because many of these young people are seeking a property to let in.
If you are undecided about whether investing in a Nottingham property is the right move, take a look at some more reasons why this is a great investment.
Nottingham has a long and enchanting history which brings a lot of tourists every year.
The city is also known as a home to the world-famous character -Robin Hood, where people can Immerse a real “Robin Hood experience”. Shortly, an ideal investment for people who are looking for historical significance.
According to Hometrack, Nottingham is one of the cheapest cities for Property Investment in the UK. Only Glasgow, Liverpool, Newcastle, and Sheffield have lower prices. The current average price is £158,500 with a rise of 4.2% over a year.
This is why Nottingham is an accessible property market for many buyers.
Thanks to the world-class known University of Nottingham and Nottingham Trent University there are over 60.000 students in the city. These two universities bring new young talents to boost their economy. According to the University of Nottingham, they are recruiting students all over the world. With such a demand from students (domestic and international), Investing in Nottingham property should bring a significant return on investments.
According to The Times, Nottingham is the best place to live in 2020. Thanks to a strong independent retail scene alongside designer brands and high-street favorites, Nottingham makes one of the best places in the UK to go shopping. Over 50 national and regional companies have chosen Nottingham as their headquarters including global giants like Boots, eon, Speedo, Experian, Capital One, and Paul Smith.
If you look to invest in a city with low prices of properties, high demands, and with a lot of economical potentials shortly, Nottingham is the right choice for you.