September 15, 2016

Birmingham’s reign as buy-to-let hotspot continues

We’re pleased to bring you an extract from a report published on recently, citing Birmingham as one of 5 leading Buy-To-Let postcodes.

While this statement is nothing new, the article was based around an interesting notion; there are good investment opportunities for prospective landlords all across the country, yet the key is to find the areas that offer good rentability and the possibility of price growth…

Speaking of Britain’s 2nd city, writer Ruth Bloomfield rightfully points out:

“With high-speed rail on its way to the Midlands, and major firms such as HSBC relocating, Birmingham’s star is on the rise. 

The city centre has enjoyed great regeneration over the past 10 to 15 years and, according to Knight Frank, prices have risen 10 per cent in the past year alone. A two- bedroom flat in the fashionable Jewellery Quarter would cost around £250,000 and Raj Bedi, managing director of Martin & Co Birmingham, believes that a yield of six to seven per cent would not be an unreasonable aim for a landlord.”

To find out more about our developments in Birmingham and surrounding areas, contact us today!