Nottingham Regeneration

Category: Nottingham

Nottingham is amongst the UK's fastest-growing cities, with house prices rising quickly year on year. The city council is now looking to capitalise by improving the city further, with an improvement to quality of life and to build an impressive social infrastructure for the future.

This article will explore where this investment is being made and why it makes Nottingham one of the most exciting investment prospects over the next decade.

Author: Sophie Hope

Digital Marketing Executive

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Nottingham is one of the fastest-growing cities in the UK, with average property prices growing by around 98K since 2015. This growth is largely led by the growing demand and appeal of the city. Another key factor is the connectivity in the city and the accessibility to London. Nottingham presents a prime opportunity for individuals looking for easy access to London as well as wanting a more relaxed way of life in a community-driven area.

Nottingham offers residents a great standard of living at a fraction of London’s cost of living. The commute for those working for London-based businesses is around 90 minutes, making it an ideal commuter city. The city has built a healthy local economy, which has put the city council in a strong position to invest in the future of Nottingham. The city has seen some incredible regeneration projects, with many more in construction. Let’s explore some of the largest regeneration projects recently completed and currently taking shape in Nottingham.

£650m
Island Quarter
£250m
Broadmarsh Project
£58m
Nottingham City College
£8m
Science Park

Island Quarter

The Island Quarter Nottingham is a large-scale regeneration project which will see Nottingham’s waterfront transformed. The approved plans include a 2,000 sqm three-storey pavilion featuring two restaurants and a 500 sqm event space with panoramic views and a rooftop terrace. The plans also include a bandstand and a canal basin area. Historically, regeneration projects like this have acted as a catalyst for property price growth, with early investors often seeing the strongest returns.

1 The Island Quarter, a part of the masterplan located at the south-west of the overall site, is now open. Hosting 2 restaurants, a large events hall, a new outdoor stage and a 1000 capacity courtyard located by the canal. This part of the project accounts for less than 10% of the total project.

The rest of the scheme will include a mixture of office space, luxury living, public park and amenities. Plans are designed to complement the architecture of the city, creating a seamless experience for residents. The project aims to enhance what Nottingham has to offer residents of the city centre and surrounding areas.

Broadmarsh

Once the development of the Broadmarsh area is complete, it will vastly enhance the city centre. In March 2025, Homes England was named as the new owner of the Broadmarsh area in Nottingham. They plan on transforming the site into 1,000 homes, with up to 20,000 square metres of retail, office and community space. Once the construction starts on these plans, over 2,000 jobs are set to be created, further attracting working professionals to the city.

The area where the old shopping centre was located has been transformed into a large public green space lined with trees, local art, landscaping, cafés, and majestic views of the castle. This phase of the project opened in September 2024. Green spaces and low-emission zones are increasingly becoming a priority for tenants. Especially eco-conscious Gen Z and Millennial renters, making this a more desirable area for rental properties.

Nottingham City College

Nottingham City College opened its doors for the first time in 2020, during the early stages of regeneration plans. The state-of-the-art development consists of an impressive six storeys and enrols over 2000 students. The development is a £58m investment into the future and education of Nottingham, one of the largest investments of its kind.

Specialist courses provided include technology, science, tourism, hospitality, digital media, and business. Education is highly important for the local economy as it means more businesses and professionals will grow in the area. The college boasts an impressive 93% of students in employment or further education within six months of leaving. This area is expected to attract a growing number of young professionals and students, a key tenant demographic for buy-to-let investors.

Nottingham Science Park

Situated opposite Nottingham University, the Science Park is part of the D2N2 Enterprise Zones. Already home to some of the most innovative businesses in the UK, the development has an extra 5 acres of land, which will expand upon the current park. The project began in 2019 and has introduced a new three-storey office space used for research and development purposes.

The development will also bring meeting facilities, event spaces and cafes to the area. The goal for this is to provide a platform for people in the science industry to meet and share expertise. As the park is located across from the university campus, the goal is also to increase the student retention rate. This is vital as it increases the city’s population and brings with it quality tenants, which boosts the housing market.

What Does This Mean for Investors?

Regeneration projects have a transformative impact on areas, making them more attractive to residents, businesses, and crucially, investors. As infrastructure improves and local economies strengthen, these areas experience a surge in desirability, which directly drives up demand. This demand not only raises property values but also increases rental yields, creating a favourable environment for long-term capital growth. For investors, regeneration offers a unique opportunity to enter markets before the stage of rapid growth. By identifying and investing in areas undergoing regeneration, they can benefit from both immediate income through higher rents and long-term gains through property appreciation. As such, regeneration is not just for urban improvement, it’s a strategic investment opportunity that can deliver substantial financial returns.

Invest with as little as £38K