UK city Southampton has been named one of the year’s major property investment hot spots by a leading consultancy. Property for life says the city’s property investment market is still buoyant despite the sector flattening out in other areas.
Developer Inner Circle Homes has just launched a project near Southampton’s marina and claimed demand for property in the area was as “strong as ever”. The firm’s development director Stephen Friel said:
“It’s buoyed by the growing demand from those who prefer to rent as a lifestyle choice.
“We anticipate that rental yields will be high and investors will be able to let the properties fairly quickly.”
Founded in 2003, Inner Circle Homes established itself as a provider of high quality new homes for sale, combining innovative design with build quality. Property for life sources new homes for sale for property investors and gains discounts of up to 30 per cent below market value by buying in bulk.
Southampton is home to two universities and has a large student population. It remains popular with wealthy yachting enthusiasts from London and abroad, and has ferry links to the Isle of Wight.
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