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Investment Opportunities in UK’s Youngest Cities

A younger population can bring advantages such as attracting businesses, which will have a larger pool of working age residents to draw from.

While recent data by the Office for National Statistics (ONS) show that the UK is facing an aging population, key cities remain a hub for the young. What difference does the age of a city make?

With its beautiful, calming scenery and rich history and culture, the UK is home not just to the native Brit, but also millions of immigrants.

Over the past 20 years, younger people have increasingly chosen to live in the urban areas of the UK, while the share of older residents has fallen. Statistics show that the UK’s edgy and lively cities remain a favourite among the younger generation with 62% of people aged 18 – 34 living in cities in 2016 compared to 58% in 1996. In contrast, the share of people aged 65 or older fell from 51% to 46% during this period.

A recently released study by the Centre for Cities reveals some of the youngest cities in the UK, with  Slough as the clear winner at the youngest average age of 33.9. London, popularly assumed as the city with the youngest population, comes in at sixth place, with the average youngest age of 36.5. Here is a list of some of the youngest cities in the UK, with average ages of under 40:

Oxford   34.4
Luton   35.1
Cambridge   35.4
London   36.5
Bradford   36.7
Birmingham   37.6
Bristol   37.7
Manchester   37.8
Reading   37.8
Liverpool   38.2
Plymouth   39.4

Investment opportunities  

What draws the younger population to these cities? Job opportunities and expansion, good infrastructure, facilities and educational institutions — these are the essential pull factors. On the other hand, a younger population can bring advantages such as attracting businesses, which will have a larger pool of working age residents to draw from.

Among the cities which have been getting younger, Oxford, Cambridge and Brighton have large shares of high-skilled, high-paying jobs, and all offer good access to quality schools.

Manchester, the UK’s fastest-growing city, is Europe’s second largest creative tech hub with 70,000 people now working in the city’s creative, digital and tech industries. Like Liverpool, it is also home to some of the world’s leading universities, offering a huge cache of thinkers to future employers.

It is in cities like these that purpose-built student accommodation are at high demand, offering commercial property investors opportunities to grow their wealth in this high-yielding and unique sector. 

In Bristol, for example, the number of students needing accommodation is projected to grow to 44,000 by the 2018/19 academic year. The growth can be attributed to the city’s two notable universities, the University of Bristol and the University of West of England, which make up a total of 40,000 full-time students. Little wonder that student property is a top investment in Bristol.

Meanwhile, Liverpool’s £2bn vision to develop a world-class Knowledge Quarter will further reinforce its status as one of the best student cities in the world. The Knowledge Quarter represents an opportunity for significant future investment and regeneration, and will ultimately create more high-skilled jobs in the city. By attracting investment and creating jobs, people’s lives are improved and opportunities are created, thus attracting a greater number of young settlers and driving housing demand. 

Private Finance and Savills have now placed Liverpool and the overall Northwest as the top hotspots for buy-to-let investors with some of the highest comparative returns.  Does this pique your interest to grow your wealth in cities with a youthful population? Speak to us and find out more. Or send us a comment below!

Next week, we talk about cities with an ageing population and the opportunities they hold. Stay tuned.

Source:

http://www.bbc.com/news/uk-43316697

csiprop.com/the-top-investment-in-bristol/

csiprop.com/liverpools-knowledge-quarter-world-class-innovation-district/

csiprop.com/uk-property-outlook-2018/

csiprop.com/manchester-original-modern-city/

 

By Marzatul Ruslan

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Top 5 Places to Invest in UK Now

Here are top 5 places to invest in the UK now according to http://bit.ly/2w3SlZL

News Update: Political turmoil, stamp duty issues and Brexit have an effect on the housing market in the UK this year. Yet, house prices are still on the rise, with the average price of a UK home now 10% above the Aug 2007 peak at £219,266. This is 42% higher than the low point of £154,663 in April 2009 according to Halifax. So, where is the top 5 places to invest in the UK now for great returns?

The key to finding the best places to invest is by observing the infrastructural changes and investments that go into a particular area. We have constantly stressed the importance of this factor to many investors as investments into an area indicate potential developments and expansion, as well as possible job creation. This will increase the number of people coming into an area, which will, in turn, increase the demand for housing. Simple economics dictate that with the increase in demand — especially if the demand overrides supply — comes an increase in price for the entity in demand.

A recent article published on a news site in the UK has identified the top  Here are the top 5 places to invest in the UK in 2017, according to Express.co.uk, a news website in the UK.

Pricing across Liverpool is expected to rise as the city undergoes several housing regeneration schemes including the Liverpool docks. Image credit: http://bit.ly/2vCeblN

Liverpool

Pricing across Liverpool is expected to rise as the city undergoes several housing regeneration schemes including the Liverpool docks. The L1 postcode is a great example – house prices have risen by a whopping 41.2%!

Meanwhile, the student population in Liverpool has given the city the second highest rental yields in the UK, just behind Manchester, due to the combination of low house prices and high rental values. Clearly, student investment is particularly profitable in this city.

Salford, Manchester is the home to MediaCityUK. The area is also a popular option for rental. Image credit: mediacitydaily.co.uk

Salford, Manchester

Over 60,000 people work in the creative and digital industries in Greater Manchester, and that number is forecast to grow by 27% by 2034. What’s important to note also, is the 70,000 students who come to the city each term, with Salford being the popular option to rent. Yields are higher than London and the arrival of the HS2 will add to this appeal.

Just in case you didn’t already know, many corporations have moved their headquarters to Manchester; ITV and BBC have now set up base in Salford. The recent £1 billion investment into Salford MediaCityUK only goes to affirm Manchester as the biggest tech and creative centre outside London.

Boxpark is constructed of stripped and refitted shipping containers, focusing on small independent retailers to create a unique shopping and dining experience. Boxpark Croydon transforms the quality of the retail and leisure offer in Croydon and is expected to draw customers and new businesses from across South London, Surrey and Sussex. Image credit: http://bit.ly/2uRtc0o

Croydon

This London borough has enjoyed a resurgence in its reputation in recent years. Croydon has fast become the “Silicon Valley of the South” with over 1,000 new start-ups coming to surface. The introduction of Boxpark and the upcoming Westfield shopping centre will further increase investment into this area.

Many first-time buyers are already flocking to the area and prices are believed to have risen by 20 per cent in 2016 according to Rightmove figures, the highest rise in the UK. Nonetheless, prices still sit about  £185,000 below the capital’s average, but demand is expected to increase, as is the price!

Basingstoke has a thriving employment sector attracting global companies like Sony and Barclays, and with 66% of its residents working in the town itself. Image credit: http://bit.ly/2x68pGZ

 

Basingstoke has a thriving employment sector attracting global companies like Sony and Barclays, and with 66% of its residents working in the town itself. Image credit: http://bit.ly/2x68pGZ

Basingstoke

Basingstoke has a thriving employment sector attracting global companies like Sony and Barclays, and with 66% of its residents working in the town itself. It also enjoys the highest concentration of digital businesses compared to overall businesses in all of the UK. That, and the upcoming regeneration and redevelopment projects in the area is sure to increase Basingstoke’s stock.

Change is coming to Wood Green thanks to revitalisation efforts and the upcoming Crossrail 2. Image credit: http://bit.ly/2uJTiqi

Wood Green

Situated just west of Tottenham, Wood Green’s house prices are considerably more modest than those in areas around it such as Muswell Hill and Crouch End. Prices in Wood Green is expected to rise, thanks to the targeted £3.5 billion investment to revitalise the town centre and the redevelopment of over 25 sites to facilitate more restaurants and cafes. Wood Green is also a hotspot zone for Crossrail 2 as connectivity is beefed up. Transportation transit points normally beef up the housing area closest to it.


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260