Real estate in Nottingham
Innovative, forward-thinking, fast-growing… Entrepreneurial and edgy, creative with an independent spirit; Nottingham drives change, and you too can be a part of it !
Nottingham has everything you need to enable your business to thrive: financial solutions to support your business needs, access to a vast and strong talent pool, competitively low operational costs and a variety of premises to cater for businesses of all sizes from SMEs through to multinationals.
Today, Nottingham is home to major brands like Experian, Boots, Center Parcs,
Speedo, Wilkos, Capital One and Paul Smith. These businesses, along with new
generation of creative enterprises place Nottingham as a major centre for business
growth, hence creating a massive demand for houses or flats to buy and to rent properties in Nottingham.
We believe all of this, teamed with a fantastic quality of life, where there is something for everyone, makes Nottingham the very best place to work and live.
Why rent in Nottingham and where ?
Nottingham is a thriving city home to over 60,000 students and home to excellent nightlife, music, shopping, culture and food. If you are a student in Nottingham, keep in mind that your University years are ones that you’ll always remember, so it’s important to choose the perfect student pad. If you are looking for a house or a flat to rent in Nottingham close to your workplace, you won’t be disappointed ! There are lots of areas that offer flats or houses to rent in the heart of Nottingham !
QMC is a regional ’super hospital’ and the largest teaching hospital in the UK. Six thousand people work here, hence creating a massive demand for houses or flats to buy and to rent.
A city thriving in the tech sector, a large tech talent pool and a strong tech ecosystem makes Nottingham a real hub for the creative and digital sector.
The Creative Quarter is the home of all things tech and offers a range of services from co-working hubs and unique business spaces to independent restaurants and retailers. Nottinghamalso has a healthy, strong tech community and there are numerous tech events and meet ups across the city on a regular basis!
The city has many popular areas, all of which are well connected with public transport- in Nottingham you’re never too far from anywhere. Before you start house hunting with an estate agent in Nottingham, check out our guide to the best places for students to find a flat or a house to rent in Nottingham !
Why buy in Nottingham and where ?
One of the main reasons why the houses to rent market in Nottingham is so strong is that the city has such a large population of students. Areas close to the universities will always provide plenty of houses for sale in Nottingham. For instance, the city centre is close to both Nottingham Trent University and the University of Nottingham. Landlords who choose to let in inner city areas of Nottingham will never struggle to find reliable tenants, and they can also expect consistently rewarding rental yields.
Look at houses for sale or rent Nottingham today and you’d scarcely realise it has an industrial past being a one-time world leader in – of all things – lace making, bicycles and (legal) drugs. Today its main industries are future-orientated ones like financial and business services, logistics, advanced manufacturing, clean technology, life sciences and digital – according to a local press report, the city’s new Creative Quarter has created 1,000 new jobs already.
Mark Carney, Bank of England Governor, has previously called Nottingham bellwether for the UK economy . He meant that Nottingham is a leading example of a city which is successfully transitioning to a new, modern economy.
Parts of Nottingham have Enterprise Zone status and are home to some really exciting new start-up industries. Just announced is an £8 million hub at the Boots Enterprise Zone to help bring new medical technologies to market. Before you start house hunting with an estate agent, check out our guide to the best places to buy a flat or a house in Nottingham !
Where to live if you are a student in Nottingham ?
Nottingham is home to not just one but two universities, meaning there is a large student property market. The University of Nottingham has 32,000 students and Nottingham Trent University has 25,000.
Both of these Universities are part of the two of the UK's best performing ones: the University of Nottingham and Nottingham Trent University, ranking 21st and 53rd respectively in the Guardian's University League Table for 2011.
Ranked the sixth best student city, Nottingham produces 19.700 graduates each year with 32% of Nottingham’s population hold a degree-level qualification. The Creative Quater is home to Nottingham Trent University, Nottingham College and the Confetti institute of Creative Technologies.
There are several different student flat and houses areas in Nottingham as there are campuses across the city. Generally, though Lenton and Dunkirk tend to be the most popular areas for University of Nottingham students who look for a house or a flat to rent. The city centre and Arboretum district tend to be most popular with Nottingham Trent University students. Radford also attracts some students as the flats and houses to rent are cheaper there.
Average prices are £220,705 in Lenton (reflecting its popularity for student houses), £184,938 in Dunkirk and £175,825 in Radford. It’s in these districts (based on the NG7postcode) where Totally Money say 8.89% yield is possible if you owned a house.
Nottingham : your workplace at your doorstep !
In Nottingham, you can say goodbye to long travel times to go to work ! The most important workplaces are generally connected to residential districts, such as the QMC. It is a regional ’super hospital’ and the largest teaching hospital in the UK. Six thousand people work here, creating a massive demand for property to buy and to rent in this district.
The Creative Quarter is the home of all things tech and offers a range of services from co-working hubs and unique business spaces to independent restaurants and retailers. Nottingham also has a healthy, strong tech community and there are numerous tech events and meet ups across the city on a regular basis!
Companies looking to engage with our two universities can access a talent pool of 29,600 creative and digital students and can collaborate with their research and development centres of excellence.
Nottingham is the fastest growing city in the East Midlands and is currently embarking on an intense period of economic regeneration, with the £250m Southern Gateway, £150m re-development of the Broadmarsh shopping centre and the highly anticipated Boots Island site development that is set to include a 5star hotel, retail space, homes and offices.
In the city centre you can find Guildhall Place, 300,000 sq ft of unused space that could potentially see a four-star hotel and grade A offices. The Guildhall is steeped in history and is truly a unique building.
A city thriving in the tech sector, a large tech talent pool and a strong tech ecosystem makes Nottingham a real hub for the creative and digital sector, hence creating a strong demand for houses or flats for sale or to rent. It’s never hard to find a place to live close to your workplace in Nottingham !
Why invest in Nottingham ?
When it comes to investing in an area, most of the reasons provided are to entice businesses to plough money into a location. This makes sense and when businesses develop, they draw people to the area. So in the long run, everyone benefits or has an opportunity to proposer by polaying a role in a specific town or city. However, investment can come in all shapes and sizes, and many people are interested in investing in property. Whether this is to live in, to buy for use at a later date or to enter the buy-to-let market, there is a great deal to be said for obtaining the information you need before making an investment decision.
Thankfully, people considering investing in Nottingham will find that many of the reasons cited to entice businesses and industries to invest in the area are also positive reasons for landlords or property buyers to invest in Nottingham.