Source: Buy Association
On a positive note, it identified that property investors in 2019 should look to key regional cities that will offer ‘Brexit-proof’ investment potential. Underpinning these important metropolitan hotspots is a trend for inner city urban living and growing youthful populations which will provide an ongoing supply of would be homebuyers and tenants.
Surrenden Invest believes
that the UK is as prepared as it can be to ensure that property
investment continues as business as usual in the year head.
Jonathan Stephens, managing director at Surrenden, said, “Nobody can
ever see what the future holds, that’s the case regardless of Brexit. As
such, looking ahead to likely investment hotspots is a case of
examining the underlying market fundamentals.
“For 2019, that means cities with youthful populations
and strong trends for city centre living. The UK’s rental sector is
still growing, so 2019’s hotspots will be those areas in which
populations are expanding rapidly, and where employment prospects are
2019 property investment hotspots
By 2041, Birmingham’s
population is set to rise by 14.5% reaching 1,313,300; it currently
stands at 1,147,300. Already boasting a 65,000-strong student talent
pool across five university campuses; the city has the sixth highest
graduate retention rate of any city in the UK. As a result, Birmingham
benefits from a vast pipeline of future workers and entrepreneurial
In the last five years Birmingham has seen property prices rise by 29.46%.
As the city centre continues to expand the demand for quality new
build homes and developments will continue to attract attention;
exciting new scheme like Westminster Works in prime locations are and
will be, in high demand.
Manchester is mirroring Birmingham’s growth
is in line to see the population rise by 14.1% increase between 2018
and 2041 with property prices up by over 30 % since 2013. It is already
ranked (as part of the Manchester-Liverpool metropolitan region) in IBM’s list of top ten global destinations for foreign direct investment in 2017.
The city is second only to London in terms of its graduate returners
running at 58%, as well as its influx of graduates with no prior
connection to the city. Amazon chose Manchester as the site of its first
Amazon Academy, running a series of programmes and events designed to help hundreds of small, local businesses.
Creative young professionals will be sure to look to future residential developments in the city centre such as Ancoats Gardens, to immerse themselves in Manchester’s community.
Over the next 25 years or so, London’s population is projected to
increase by 15.4% which will push up demand for housing across the
Over the past five years London property prices have risen by 32.36%. According to PWC, 60% of Londoners will rent their homes by 2025, with the city’s professionals renting in higher numbers.
is on track to experience a population increase of 12.0% between now
and 2041 seeing its current population of 495,300 grow to 554,500 in
2041. The city’s booming service sector, healthcare sector and
knowledge economy attracts talented young professionals;
42% of Liverpool’s population are under 30 compared with a UK average of 37%.
It is a city driven by youth and an entrepreneurial movement that has
accelerated a major regeneration. Centrally located developments such
as The Tannery aim to provide contemporary housing within easy reach of
Liverpool’s rich cultural scene.
According to Centre for Cities, Newcastle city centre
enjoyed population growth of 112% between 2002 and 2015. It projected
population in 2041 is 318,100 from 297,400 in 2018.
The massive spike in demand for city centre living is creating a
hotbed of innovation within the housing sector, as developments compete
to attract a younger generation, who work in the city and want prime
housing in the heart of Newcastle.
Student numbers at Newcastle University have shot up by over 70%
since 2000, while Northumbria University has seen student numbers expand
by over 114% over the same period. With nearly 50,000 students in
total, a full sixth of the city’s population is engaged in study with
many choosing to remain living in the city after graduating.
Jonathan Stephens, Managing director at Surrenden Invest said:
“Each of these cities has its own distinctive culture,
which is drawing in young people who will ultimately contribute to the
future success of that city.
“Those working in the housing sector need to respond accordingly,
delivering high quality homes in central areas, in order to meet the
demand that these young people are driving.”