Leicestershire offers so much potential when it comes to buying property that word about the opportunities on offer is spreading across the world.
People attending the recent mipim property conference, held in cannes in march, for example, were told of Leicestershire’s potential for investments, especially as the market in London heats up more and more.
The county was promoted by directors from the Commercial Estates Group (GEG), which owns the East Midlands Airport Industrial Estate at Castle Donington and is set to create 4,500 new homes at Thurmaston. CEG’s director of investments, Andrew Woods, said the London-based group, which has a capital worth of £800 million, already had a ‘significant’ presence in Leicester but was still looking for ‘more opportunities’ in the area, reflecting what it believes will be an extremely ‘strong future’ for the county.
As well as owning various swathes of the wider county, CEG also owns two office buildings within the city of Leicester itself. These are currently let to De Montfort University and BT. The group’s director of development, Jonathan Kenny, said more investors should be made aware of the excellent transport links the city has and ‘how easy’ the journey between Leicester and London can be.
Mr Woods added that the city offered a sensible alternative to the capital, which is confronting a potential housing crisis as a result of high costs. He said that the city of Leicester should market itself, allowing more people to understand its appeal, which includes world-class universities, excellent motorway links, mainline rail accessibility and a teaching hospital.
Mr Woods added that CEG were attracted to the city by its high-class universities as well as the rail and M1 links on offer. He said that having these assets opened the door for the ‘rest’ to follow.
Certainly, it is easy to see why investors should be interested in Leicester, whether they are looking for new-build opportunities or the chance to reap the rewards from traditional buy-to-let investments.
Getting in now will ensure that opportunities are not missed when, as predicted, London companies continue to relocate their premises and staff in a bid to find better value and avoid the high costs that London living and working increasingly involve.
Our expert team at Keywest is perfectly placed to help you find the right investment for you, whether you want a single buy-to-let opportunity, a complete portfolio or your next dream home for yourself. To find out more, simply get in touch with us today, call 01162 544 555
