According to the latest quarterly survey from online estate agents emoov, Chester has seen a huge 164% rise in property demand over the last 12 months – the highest in the country.
So why has Chester seen such significant growth? There are a number of reasons for this. Chester has recently been voted as the ‘best place to live in the UK’ by the UK Hot Housing Index which is drawn up by location specialists CACI. When you measure factors such as employment levels, school provision, local amenities and internet connectivity then Chester scored highest in the UK across these parameters.
When you combine this with the proximity of Chester to large cities such as Liverpool and Manchester, this boosts the city as an attractive commuter destination for young professionals.
There is no doubt that Chester has a lot going for it from a retail, leisure and housing perspective and all of these factors are drawing people to the area and creating a high demand in property.
Over the last 6 months, average house prices have risen by £3,000 so if you’re looking to make a property investment in the area then now would be a good time to act.
At Barrows & Forrester Investments we currently have a fantastic opportunity with student apartments in Chester. Northgate Point will provide 121 luxury student studio apartments in a prime central location, only 10 minutes walk from The University of Chester Campus. It’s proximity to shops, bars and restaurants makes it an attractive proposition for Chester’s growing student population who are looking for high quality accommodation close to all amenities.
To find out more about this opportunity, please contact us now.