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Six Reasons to Buy a Property in Birmingham

How much do you love Birmingham? Not half as much as you will in a few years’ time, we reckon – once all these fabulous new developments and infrastructure improvements get going. Regardless of whether you’re looking to invest in the city or buy/rent a home and move there, here are 6 reasons to love Brummie (but there’s loads more, of course):

  1. Super commuting speeds. This year theMidland Metro Alliance is to start phase two of the city’s Westside Metro extension between Centenary Square and Hagley Road. Another extension wil take you direct to Birmingham Airport and the NEC. Meanwhile by 2026 the HS2 rail link will be in full flow, making commuting into London a mere 49 minutes, and travel to other UK cities such as Manchester, Liverpool and York so much easier. Oh, and there’ll also have super-modern Curzon Street station.
  2. Jobs, jobs, and more jobs. Commuting may not be such an issue in future in Birmingham though – thanks to the fact there are plenty of job opportunities being created slap bang in the city itself. Silicon Canal and Innovation Birmingham are ensuring the city is instrumental in the world of digital technologies while disrupters such as Deliveroo has moved here as has the John Lewis new Tech Hub for Innovation. Meanwhile, HM Revenue & Customs plans to create 3000 new jobs this year, and HSBC another 1200 posts.
  • A fantastic festival square. The city’s £500 million Smithfield Regeneration Scheme – of which Festival Square will prove a main feature – will bring vibrancy and fun to the south side. A project guaranteed to bring “food, culture and community together” according to its designers. Certainly, there’ll be markets, an ice rink, hotel, museum and, of course, big concerts.
  • Youth on its side. Birmingham is the youngest major city in Europe in terms of population age, according to a new report the Birmingham Economic Review by Birmingham University. Around 40 per cent of residents in the city are aged 25 and under. At the same time self-employment levels are at 14.4 per cent – higher than the UK average. In fact, Birmingham had more start-ups per head of population than even London last year, according to a new city entrepreneurial report.
  • Development of Digbeth Canal. A £450 million canal side regeneration scheme at Eastside Locks will provide calm courtyard spaces as well as an area known as Pound Square with plenty of bars, restaurants and shops. Oh, and there’ll be apartments and an impressive new 175-room hotel too! Watch for the transformation of the former Typhoo building.
  • Commonwealth Games hosts 2022. Yes, in less than four years Birmingham will be the host city for the Commonwealth Games. That means the creation of a Commonwealth Games Village, comprising 1,072 new flats and maisonettes, 79 houses and 268 extra care apartments. Oh, and there’ll also be a brand new 400-metre warm up track for starters (as it were).

Thinking of buying a property here? Then take a look at our website www.barrowsandforrester.co.uk and get in touch today!

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James Forrester

James Forrester MD of Barrows & Forrester Property Group and Author of The Birmingham Property News Blog.

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