Leicester continues to show investment potential
In December 2016 Ian Borley, a senior partner at KPMG East Midlands, picked out Leicester as the regional city with the feel good factor in an article for thebusinessdesk.com.
This optimistic outlook is one that is shared by many others in the East Midlands and further afield, and that positivity has continued into 2017. The facts are Leicester has a great deal going in its favour right now.
A wave of positivity
Recent news events including Leicester City FC’s shock Premiership title win and the discovery of Richard III has brought the international spotlight and encouraged a new feeling of civic pride.
There has been major transport improvements including a new direct service to Coventry, faster journeys to Birmingham, new direct services to the Thames Valley, Manchester and West Yorkshire, plus reduced east-west journey times to Stanstead Airport.
There’s cultural developments on the way too. An £18 million project to redevelop Leicester North station into the central railway Museum has been announced. An international firm of architects has been chosen for the project and an impressive modern design will be built and fully opened to the public by 2021.
A multi-million pound development and regeneration of Leicester is making it an investment hot spot and attracting more businesses to the city. Some great regeneration projects including Leicester Waterside and Ashton Green are already underway.
What does Leicester have to offer?
Even before all the recent media attention and new investment, Leicester was already a powerhouse city home to two world-class Universities and several world-famous businesses.
Household names such as British Telecom, British Gas, Next, Santander, DHL and Caterpillar all have a significant presence in Leicester.
Leicester is a true student city, and was named by HSBC as the most affordable place
For students to live in 2014 and 2015. The University of Leicester is ranked in the top 1% of Universities in the World and is currently undergoing a £300 million redevelopment. DeMontfort University has won 18 National Teaching Fellows awards and has benefited form £136 million of investment in the last few years alone. Thanks to Leicester’s appeal, many students stay in the city to start their careers after graduation.
Leicester City Centre offers an abundance of restaurants, shopping and entertainment and is attractive to students, young professionals and families.
Why Invest in Leicester?
All the signs indicate that Leicester is a good city to invest in right now. It is the largest economy in the East Midlands and estimated to be worth £17.6 billion. In 2016 Leicester was named the 9th best city in the UK’s Good Growth for Cities index.
In March 2017 the Financial Times listed Leicester as one of the best places for house price rises in the UK.
Leicester Property Investment with Westport
If you’re looking to invest in property in Leicester take a look at Westport Invest’s opportunity at a brand new luxury development in the heart of the city.
City Heights will offer 52 luxury studios in a stylish new 8 storey building, located just 100m from the central rail station.