London’s much-documented decline in popularity among property buyers and tenants has caused a shift in housing market activity in recent years. Where the capital was once king, especially for landlords, now regional cities and commuter towns have started to take its place. Birmingham, in particular, has been named a hotspot for London leavers.
However, alongside this trend, there are also a number of regional towns that have been quietly emerging as areas of increasing demand and house price growth, even in the South East, where a flailing London market currently skews average property values.
Such towns include Bicester, Bracknell and Slough – the latter of which is fast shaking off its previously dull image, to emerge as a serious contender along the Crossrail route.
All three towns have several things in common: extensive regeneration and investment projects planned and underway; lower property and rent prices than neighbouring, expensive counterparts; and considerable current and projected growth.
Conygar Investment Company PLC (LON:CIC) is an AIM quoted property investment and development group dealing primarily in UK property. The group aims to invest in property assets where they can add significant value using their property management, development and transaction structuring skills.
