Birmingham is Economically Diverse

While it's true that Birmingham was ranked in recent years as having the highest quality of life of any city in the UK outside of London, it also boasts an incredibly diverse economy. 

For example, it currently has more foreign direct investment than ever before, as well as the highest Gross Value Added of any city outside of London.

This makes Birmingham's economy future-proofed because it's a city that doesn't rely on a single industry or sector for economic strength.



It's a city of major innovation, renewable energy sources, creative and digital companies, as well as being a significant hub for the aerospace industry.

Birmingham has a Tremendous Educational System

Birmingham also offers one of the widest varieties of outstanding universities in the UK.



With a student population of over 110,000, it also ranks among the youngest cities on the continent. With so many young people pouring into the city each year, the need for rentals has created huge potential for investment properties.

Birmingham Offers Many Opportunities for Property Investors

In addition to booming manufacturing industries and the need for student housing, the average property price has seen an increase of 7.5% year-on-year. This has created an environment ripe for strong rental yields. In fact, the average yield current stands above 6%.



All this emphasized the value of Birmingham for investors looking to include rental properties as part of their overall investment portfolio. 

Birmingham has a Fast-Growing Population Density

Birmingham's population is growing incredibly fast. In fact, the population increased by more than 100,000 between 2004 and 2014. This speed of growth is well ahead of Birmingham's nearest rival and has resulted in an increase in the demand for rental housing.

Birmingham has a Booming Tourism Industry

Believe it or not, Birmingham has quickly become one of the most popular destinations in the UK. This includes companies seeking locations for conferences and other special events. In fact, Birmingham is second only to London when it comes to tourism within the United Kingdom.

A Guide to the Benefits of Owning Rental Property in Birmingham

When it comes to building wealth, few investments are as reliable as real estate. Fortunately, this guide to the benefits of owning rental property in Birmingham shows why now is the right time to invest in properties that will generate long-term income.



Please contact us to learn more about how our letting agents in Birmingham can help make the most of your real estate investments.