Buy to Let Property in Birmingham

Once known as the first manufacturing town of the world, Birmingham has a history steeped in industrial heritage. Now, in 2019, the city continues to attract global attention, with a flourishing economy built on the service industry. This is attracting and retaining plenty of young talent to the city, while fuelling the demand for buy to let property in Birmingham.

Multinational businesses such as Deutsche Bank, HSBC and PWC are among a number of big companies to have relocated offices to the city. The metropolitan, upbeat vibe and
the promise of opportunity has also drawn over 3,000 tech firms; making Birmingham the largest ‘start-up’ centre outside of London.

Birmingham is also home to five universities and a number of highly regarded Business and Law schools, giving Birmingham one of the UK’s largest student populations. Many of whom choose to stay in the city beyond graduation. A strong rental market fuelled by a young population, business growth in the city, and high demand for rental properties, has led to Birmingham becoming a desirable location for buy to let investment opportunities.

With property prices expected to rise by 14% over the next 2 years and considerably lower-than-average house prices compared to the UK, investors have the potential to make great capital gains on their initial investment and achieve a strong return in the following years.