Fastest Growing City Centre Populations
The Northern Powerhouse cities like Manchester, Liverpool & Birmingham are among the most desirable areas of the country to live. These cities have managed to attract young professionals through a growing number of high-paying jobs within the city centre. For instance, Manchester had an 84% increase in city centre jobs between 1998 and 2015, while Bristol and Leeds enjoyed increases of 42% and 34% respectively.
The growth of a city is a key factor in choosing the right property to invest in because as population grows, infrastructure improves, and the desirability of an area increases. These cities are already defined by their urban cafes, bars, restaurants and gyms that the young professionals are drawn to.
The Northern Powerhouse and key regional cities are worth considering for your next property investment.
ERE are property experts and you can speak to us about our current buy-to-let opportunities in these cities.