Despite being just 348 square miles (roughly the same size as Dartmoor National Park), the West Midlands is the second most densely populated county in the UK. Busy, bustling and culturally diverse, it’s a vibrant area in which to live and work.
Due to the diversity of industries and the investment in future transport infrastructure the West Midlands has a thriving local economy.
The Birmingham Mail has reported that the West Midlands has one of the lowest costs of living in the UK. And despite there being relatively low wages in the West Midlands people were generally better off than most parts of the country.
Much of the Industrial revolution in the United Kingdom began in the Black Country area of West Midlands.
Jaguar land Rover has long-established production of its vehicles across their multiple West Midlands sites. The biggest factory in the UK is due to open in the West Midlands in 2025.
Developers are planning a £2.5 billion car battery “gigafactory” in Coventry. Jaguar Land Rover (JLR) is understood to be closely involved in the project
Property prices across the West Midlands have subsequently increased by 61% on average in the last ten years. These factors make the West Midlands an ideal choice for investors looking for high yields ad capital growth. Lamont Estates are proud to manage over 300 investment properties across the West Midlands for our Global client base.