Birmingham housing market could boom with Commonwealth Games

[Mark Rocks]

Great news for any Birmingham investors - the city looks set to see a rise in house prices.  

A property developer has said that property prices in the city could rise by as much as 27% by 2026, and the Commonwealth Games is a big factor in this projection. 

And it’s a projection based off stats, too. Manchester saw house prices rise 63% in the 5 years leading up to the 2002 Games, and rocketing 140% in the 5 years since. 

Inward investment is a key fundamental to look for when considering areas to invest in, so it’s possible that Brum could be seeing loads more investors flocking to it.  

Let the Games begin. 

https://www.birminghammail.co.uk/news/property/commonwealth-games-could-make-birmingham-24622340

[ian bickle]

I would advise taking this with a serious dose of scepticism.  Seven Capital are Birmingham centric and overinflate it’s potential in order to justify the inflated prices they ask for their properties.

I bought a Jewellery Quarter apartment 6 years ago.  Slow to deliver.  Poor aftercare and even after recent years of house price not worth what I paid for it or close to their professed potential yield.

Do you own due diligence and be cautious if considering a Seven capital purchase.