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Should you invest in Birmingham’s Jewellery Quarter?

Should you invest in Birmingham’s Jewellery Quarter?

The popular district is just a 15-minute walk to the city centre’s thriving business sector with the M6 motorway just a 15-minute drive, which makes the Jewellery Quarter a perfect location for the modern commuter, whether they are travelling in and out of the city.

Featuring historic monuments like the Chamberlain Clock and a backdrop of the jewellery trade that has thrived in the heart of Birmingham, The Jewellery Quarter has earned a reputation as home to a much younger demographic of buyers and renters in the city.

The wide majority of residents that live in the JQ are aged 21-30, most of whom are not yet homeowners but are instead members of the growing demographic ‘generation rent’.

Due to the cost of living crisis and the housing market, there is large doubt that this will change anytime soon, as a result investing in the area remains a hot prospect for developers, averaging a price growth of 28% over the last three years.

Buy-to-let investment in the Jewellery Quarter has been growing in popularity and demand for many years due to the convenience of the location and the continued modernisation of the area, whilst maintaining the rich history Birmingham is so famous for.

According to Prosperity Wealth in 2020 Jewellery Quarter property values were 177% higher than they were two decades ago, and Birmingham was leading the country in price growth post-2016 at 16% will a forecast to continue above-average house price growth.

With that being said, Asset Residential have the experience and knowledge to help you onto the promising path of property investment as well as the property management expertise to offer a fully comprehensive service should you consider to invest in the Jewellery Quarter of Birmingham.

Our team work every single day in managing, selling and letting property in the area and have built up a portfolio of clients who are reaping the benefits of investing in property within the Jewellery Quarter and the wider areas of Birmingham.

If you are interested in investing in property in Birmingham or simply need a team of experts to manage your property portfolio, look no further than Asset Residential.