Property Investment in Nottingham

Home of the beloved folk hero, Robin Hood. Nottingham is a renowned city packed with personality. Unlike many city centres, Nottingham has retained its historical curb appeal through its beautiful architecture and red brick buildings. A gentle stroll through this picturesque city clarifies why Nottingham is a popular destination for workers, tourists and property investors alike. This is what also makes property investment in Nottingham an exceptional choice for people wanting to expand their portfolio.

Nottingham

A Key Player in the UK Property Market

Nottingham is a property investment haven. Not only does the city offer lucrative rental yields, but it has also witnessed some of the strongest capital growth in the country. Over the last year, Nottingham’s property prices have increased by 4.8%.

It is projected that in the next decade, Nottingham will top the tables for average house price growth in the UK, making investing in property in Nottingham now a fantastic choice. The average price for a property in Nottingham is £265,000, which is significantly lower than the UK average. As prices are showing strong growth, you will be able to achieve lucrative returns for little investment. Regarding rental yields, Nottingham averages at 7% – some of the highest in the country. This is only expected to increase, as the city centre undergoes major regeneration, therefore making buy-to-let investments in Nottingham highly lucrative.

330,000
Met. Population
7%
Rental Yields
£24.9 billion
GDP
£265,000
Average Property Price

Why Choose Property Investment in Nottingham?

Low Property Prices

Nottingham’s property prices are on the rise, and have increased by 4.8% in the last year alone. However, they are still lower than most across the UK currently. Over the next ten years, it’s predicted that Nottingham will appear high on the tables of average house price growth in the UK, so choosing to invest in property in Nottingham now is the ideal time. Purchase an investment property now, utilise the fantastic potential in terms of high tenant demand, then you could always look to sell later down the line as house prices rise – if you’re not looking for a long-term investment. Potential for lucrative returns from buy-to-let investments in Nottingham is only expected to increase with major regeneration in the city.

A Young Population is Key for High Tenant Demand

While the rest of the population is getting older, Nottingham is getting younger. This is a huge selling point to people interested in buy-to-let properties in Nottingham, as the younger population is much more likely to rent than to buy. With over 30% of its population aged between 18 and 29, it’s no surprise that the private rental sector now accounts for over 26% of residences in Nottingham.

A key reason for this is that Nottingham is home to two prestigious universities. The University of Nottingham and Nottingham Trent University together have an enrolment of over 70,000 students. This means that 15% of Nottingham’s population are full-time university students – a key demographic in the rental sector. Low vacancy rates and strong graduate retention ensure a conveyor belt of talent is supplied to the city’s economy. This is why property investment in Nottingham continues to offer significant rental opportunities and a strong ROI.

The City Continues to Work on Large-Scale Redevelopment Projects

Nottingham, like many other UK cities, has ample regeneration projects in the pipeline, and a £2 billion scheme is underway, aiming to transform the face of the city. Plans include new, accessible transportation, a renovated shopping centre, a new ‘city hub’ college campus, and Grade A office space. As a result, thousands of new jobs will be created, increasing rental demand in the area. Therefore, profitability from a buy-to-let perspective in Nottingham.

Improving Connectivity

Nottingham’s connectivity will be boosted even further because of large-scale investment in the transport sector. The Nottingham Tram Network will be the beneficiary of an additional £570 million investment.

An additional£800 million worth of investments is being allocated to an integrated Transport Hub. On top of that, the introduction of HS2 will massively reduce travel times to other UK hubs. This opens up a plethora of businesses and property investment opportunities in Nottingham. Also, better transport links widen the pool of potential tenants, which is great news for investors.

Nottingham Property Investment Guide

Get in touch to request your free Nottingham property investment guide today. We also have investment guides for cities all across the UK.

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Join our exclusive membership, CityClub, providing you with priority access to off-market property investment opportunities in Nottingham, as well as across the rest of the UK. We also have a range of benefits, investment resources and early bird offers.

Apply using the form below, and then our team will be in touch to get to know you and your investment goals. CityRise provides a clear gateway to some of the most profitable property investments in Nottingham and across the rest of the UK if you’re also considering investing in other cities.

Boosting Capital Growth

Nottingham’s connectivity will be boosted even further because of large-scale investment into the transport sector. The Nottingham Tram Network will be the beneficiary of an additional £570 million investment.

This is on top of an £800 million that is being allocated to an integrated Transport Hub. On top of that, the introduction of the HS2 will massively reduce travel times to other UK hubs. This opens up a plethora of businesses opportunities. Also, better transport links widen the pool of potential tenants – which is great news for investors.

Broadmarsh Project £250m

The Broadmarsh regeneration project has begun, and the area has already seen significant changes. New major additions such as the Broadmarsh car park, a bus station, and a new library have already been completed. Surrounding areas are in the process of being pedestrianised, further enhancing the connectivity of the city centre and reducing congestion. Once complete, the project aims to create over 3,000 new jobs, further expanding opportunities for property investment in Nottingham.
City Hub Campus:£58m

The new City Hub campus is a monumental addition to Nottingham's skyline. As part of the wider regeneration of the Southern Gateway scheme, the campus has created a shared workspace for students and businesses. The project had encouraged better collaboration between the college and employers. It is also a magnet for start-ups and new businesses, providing the wider community with improved skills and resources.
Guildhall Masterplan£120m

Phase 1 of The Island Quarter, is now complete with 2 restaurants, a large events hall, a state-of-the-art outdoor stage and a 1000-capacity courtyard. But, this contributed to under 10% of the total master plan. The next phases of the plan will include more student accommodations, warehouse buildings, a bioscience campus, residential buildings, multifunctional green spaces and more. Once complete, the project is set to be an iconic, well-recognised canal-side destination providing over 5,000 jobs. Ultimately, this mammoth-project will attract more residents to the area, boosting the desirability of Nottingham as a place to live and invest.

Major Employers Attracting Tenants

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About CityRise and Our Property Investment Services

We’re CityRise, one of the UK’s largest property investment agencies. We were founded by property experts who saw a gap in the market for a highly personalised and trustworthy experience for investors, built upon core values of honesty, transparency and a passion for property.

Whether you’re wanting support sourcing an investment property in Nottingham, or you’re interested in buy-to-let and want to go through the process with us from purchase to management, we can support however you need. With over £265M worth of investment property sold across the UK, our strong industry connections and experience set us apart.

If you’re looking to begin your property investment journey in Nottingham, or you have a portfolio you’re looking to grow, get in touch to speak to one of our property experts.

Learn more about us at CityRise.