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Birmingham Build-to-Rent Booms – Your Next Investment Hotspot?

Property investors and developers looking for the next big opportunity need to look no further than Birmingham. The city’s Build-to-Rent (BTR) market is booming, with a staggering 12,200 units in the pipeline, according to a new report from property giant JLL. That’s almost double the number of existing BTR units currently available in Birmingham!

This surge in BTR development comes as no surprise. Birmingham has witnessed the highest rental growth of all major UK cities, making it incredibly attractive to landlords seeking strong returns.

Here’s a breakdown of the key figures:

  • Average new build rent increases over the past year: 10.3%
  • Three-bedroom apartment rent increases: A whopping 12.5%!
  • One-bedroom apartment rent increases: A healthy 10%
  • Two-bedroom apartment rent increases: A respectable 7.7%

Prime Property Still Offers Value

While prime rental growth has slowed in recent months, Birmingham’s history of strong performance in this sector suggests this is likely a temporary blip.

Here’s what’s happening in the prime market:

  • Prime one- and two-bedroom apartment rents: Remained stable over the past year
  • Prime three-bedroom apartment rents: Increased by a solid 5.3%

New Build Property Prices Remain Flat

JLL’s report also highlights that the average price of a newly built apartment in Birmingham has plateaued over the past year. This is mainly due to a limited supply of new homes for sale and the impact of higher interest rates on both developers and buyers.

The Future is Bright for Birmingham BTR

The JLL report paints a very positive picture for the future of Birmingham’s BTR market. With a huge pipeline of new units set to become available and rents continuing to climb, there has never been a better time to invest in this thriving sector.


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