Known as the UK’s second city, Birmingham is the nation’s largest city economy outside of London due to a number of factors. As with other cities in the UK, COVID-19 has presented Birmingham with a number of economic challenges. However, national and international perceptions of the city continue to change to recognise its diverse economic sectors, young and entrepreneurial population, and growing visitor economy.
While the population of the city itself sits at around 1.1 million people, a total of 5.57 million live in the wider catchment area in a West Midlands economy worth £80 billion. The city’s population is on the rise too, set to reach just under 1.3 million by 2039.
In the last decade, Birmingham’s regeneration and job opportunities have attracted an influx of young professionals. The city itself is one of the youngest in Europe, with 40% of its population under the age of 25. Home to a young, working population, Birmingham presents buy-to-let property owners with a stable tenant market!
If you would like to learn more about the opportunity that Birmingham presents, please click on the ‘book now’ link below, and I look forward to talking to you all very soon!
Chris Hynes Calendly - Book Now
Wealthi UK - https://www.wealthi.com.au/uk