Tuesday 8th May 2018
Located in a central position of the UK, Nottingham is a fantastic city with a population of more than 350,000 people, home to two major football clubs, fantastic leisure complexes, large shopping centres, two universities and the legend that is Robin Hood.
Over recent years, Nottingham as a city has become one of the most popular cities for buy-to-let investing, attracting interest from investors on a national and international stage. However, what many people are hoping to learn is just why Nottingham has become so popular within the world of property investment.
A central UK location
Nottingham is located centrally within the UK, offering great transport links for both residents and businesses to benefit from.
With 90% of England’s population able to access the city within two hours of travelling by car or by train, Nottingham presents itself as a great place to be.
The city boasts a busy train station, of which has a direct train services to London each and every day, reaching the capital in just 90 minutes.
As part of the East Midlands, Nottingham is close to the East Midlands Airport, which has flights to 150 countries worldwide, something that is a major plus point for international business owners.
The city of Nottingham is also set to undergo a £1bn investment project to improve the transport available within the city. Plans suggest that a redeveloped railway station and transport hub, as well as two more train lines will be introduced to the city, making it even easier to travel.
Nottingham benefits from waves of young professionals
With 25% of the population aged between 16 and 24, Nottingham is considered as a young city that benefits from a large amount of young workers that possess a high skills base. Nottingham is home to two world renowned universities, with approximately 70,000 students, meaning that Nottingham is the 4th largest University City in the whole of the UK.
Nottingham Trent University and the University of Nottingham are both fantastic universities, recognised on the international scale for the work that they have done in both research and collaborations with businesses from across the world.
Approximately 20,000 students graduate in Nottingham each and every year, meaning that businesses within the city can benefit from ambitious and qualified graduates looking to work within the city. The universities are going from strength to strength, and growth in numbers of students attending university within the city is expected to continue.
Nottingham is a great place to be
The city has made great strides in improving itself over recent years, and is considered by many as a great place to live, work and study.
Surrounded by a beautiful countryside, including both the Peak District and Sherwood Forest, Nottingham is known as the most energy self-sufficient large city in the UK, and also has a great transport infrastructure that makes navigating in and around the city very easy.
With a booming economy and great city prospects, Nottingham is also the place to be for retail and leisure facilities, boasting bustling districts that house restaurants, bars, clubs and pubs for all to enjoy.
Mark Burns is the managing director of property investment firm Hopwood House.
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