Keeping aware of the up-and-coming key investment areas in the UK takes research, much of which you can do online. Physically visiting areas is always a good idea, as there are signs that you can look out that show a booming area.
1 . Café culture…
…areas with lots of new bars, restaurants and cafés opening are always a good bet, particularly if there are many local and independent names. New openings and bustling trade in luxury items is a sign that there is plenty of money in the area. If the area has already been infiltrated by big chains, its prime time may have passed.
2 . Building and construction works…
…keep your eyes peeled for signs of construction and building. Look up and see if you can spot cranes on the horizon and look around for hoardings and building sites. Lots of activity means plenty of people are investing in the area. Take notes of developers and projects that may be ideal for your investment.
3 . Transport links…
…are there good links to London and other major cities? If the town/city has a good transport hub then it’s an ideal target for young working professionals who want more affordable living. Look out for plans to improve the local transport infrastructure as well.
4 . Young professionals…
…if you see an influx of young professionals then it’s an area to consider. They’re always first into an area that is up and coming, taking advantage of the more reasonable house prices, transport links and growing social hub.