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Birmingham is long established as the UK's second city by size and population
Birmingham needs 89,000 new homes between 2011 and 2031 – that’s 4,450 new homes per year
5-year average property price growth in the West Midlands forecast at 23.90% to 2025. – Savills
Cumulative average rent growth forecast for Birmingham 2019-2023 - JLL
Strategically located in the very centre of England, Birmingham is one of the UK’s most important regional hubs.
The home to a GBP 31.9 billion economy, the largest city economy outside of London, Birmingham is established as a prosperous, high-growth investment city.
But it’s Birmingham’s future growth projections that makes it such an exciting investment location for global investors.
In the coming years, key infrastructure projects such as High-Speed 2 (HS2) will accelerate the growth of the city’s economy, population, and – subsequently – property investment in Birmingham.
The time to secure invest in Birmingham is now.
Birmingham is the second most populous city in the UK. Between 2002 and 2015, Birmingham city centre’s population increased 163%, the second fastest rising in the UK.
That growth is continuing. 10,000 people are added to Birmingham’s population every year, with an extra 50,000 forecast to be living in the city by 2023.
But it’s the demographics of the city that make it such an attractive location for investors – particularly those considering a build-to-rent residential property investment in Birmingham.
40% of Birmingham’s population is under the age of 25-years-old, making it the youngest major city in Europe. The city has a graduate retention rate from its universities of 41%, adding young people to Birmingham’s rental market and economy each year.
This is creating a huge demand for residential property in Birmingham – and a significant opportunity for investors like you.