Strong Property Price Growth Predicted for UK City Centres Due to Housing Shortages and High Demand

According to a report by JLL, property prices in the central areas of many of the UK's largest cities, including London, Manchester, Birmingham, Edinburgh, and Bristol, are expected to continue growing due to strong demand outstripping housing supply.

Manchester and Birmingham are projected to be the next most robust property markets in terms of price growth, with Edinburgh and Bristol following closely behind. All of these cities have experienced a significant disparity between housing demand and supply, particularly since the Covid-19 pandemic, as students and young professionals seek to return to the UK's major cities.

London Buy-to-Let Investment

London, is predicted to experience the highest level of property price growth in the UK, with values forecast to rise by 2.5% in the 12 months to Q4 2023 due to a significant shortage of homes for sale, which will be driven by strong overseas buyer demand in exclusive central markets.

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Manchester Buy-to-Let Investment

As a result of its fast-growing economy, Manchester City Centre is predicted to experience the highest growth in rental value over the next five years, as a growing number of young professionals are drawn to the city for both living and work opportunities.

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New Build Buy-to-Let Investment

JLL also forecasts that energy-efficient new-build city centre properties will become popular among renters looking to reduce their energy bills, leading to stronger rental value growth in urban areas.

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Explore our range of buy-to-let investment opportunities in these top performing UK cities:

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• Manchester Buy-to-Let Property Investment
• London Buy-to-Let Property Investment

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