locations - ERE Property

The UK is seen as one of the most investable countries in relation to property, but how do you know where to invest? We’ve created a guide for some of the major locations we’ve analysed to be the best in the UK – check them out below.

Leeds Property Investment Case

The city of Leeds has a combined population of 3 million and a workforce of 1.37 million, with employment rising by 11,000 since 2011. Leeds now has the highest ratio of private to public sector jobs of all major cities outside London; it is expected that over the next ten years, the economy will grow by 21% with financial and business services set to generate over half of GVA growth over that period.

Manchester Property Investment Case

Manchester was voted the Most Liveable City in the UK according to The Economist in 2019. The city represents the largest UK city region economy outside London, with an economy worth £62.8 billion (GVA). This strength has enabled it to establish an outstanding reputation as a competitive place to do business, boasting a diverse and high-quality portfolio of business properties.

Liverpool Property Investment Case

Liverpool boasts the UK’s second largest regional economy as the city region has a GVA of £30 billion per annum and is now attracting over £1 billion a year in investment and is continually showing how it is a city that is open for business. There are over 54,000 students attending its three universities and Liverpool’s Commercial Business District is home to the fastest growing regional economy outside of London. The city is also home to Liverpool ONE which is a £500 million development and the UK’s fifth largest open air shopping centre.

Sheffield Property Investment Case

Sheffield is the 4th largest city in England and is the only UK city with a National Park within its boundary. The city is well known for steel and manufacturing and has established a reputation as the number one destination for outdoor enthusiasts. The Peak District National Park became the first national park in the United Kingdom in 1951 and attracts millions of visitors every year. 61% of Sheffield’s entire area is green space, and a third of the city lies within the Peak District National Park. Sheffield is also England’s safest major city, according to the UK Peace Index – awarded the Purple Flag for city safety, making it one of the safest places in the country for a night out seven years running.

Newcastle Property Investment Case

In 2019, various travel sites named Newcastle to be the friendliest city in the UK and according to PWC’s good growth for cities report, Newcastle is also one of the UK’s top five most improved city regions. The city’s population is projected to reach over 310,000 by 2030 – an increase of 6% from 2016 – while the city region population is projected to be 2.75 million by 2030. The city also boasts seven bridges which span the River Tyne in and around Newcastle, three of them are famous internationally for the revolutionary approach to bridge building that they enshrined. It is also forecast for the regional economy to grow by 1.7% by 2023 with the current GVA valued at £13 billion.