We could talk all day about how much we love living and working in Cambridgeshire, how lovely the area is, and all that it has to offer. But when it comes to investing in property, it’s important to have a handle on the facts. Here are our top 3 reasons why you should invest in Cambridgeshire property.
Property prices rise faster than the cost of living
Property prices have risen 48% since 2007 in the East of England, and year on year, local property prices have increased 7% since December 2020 – it’s a great investment.
For more localised statistics and property prices, download Property Expert Kate Faulkner’s recent video here.
Demand is high for rental properties in Cambridgeshire
Based on our own figures at Maxine Lester, 15% more tenants are registering for rental homes but year on year, there are 30% less properties coming to market. This means that in the local area there are many more tenants looking to move than there are properties making it a great time to invest!
The property market on the whole is buoyant
At the start of the pandemic, there were forecasts that that UK property market was going to drop by 3%. In actual fact, land registry figures show that the property market actually grew by 8.5% (as of December 2020).
In the East of England specifically, land registry growth for 2015-2020 was up 26.5% and it’s forecasted that from 2020-2025 there will be growth of a further 17-18%. What an opportunity!
Get your FREE guide, for more detail on why you should invest in Cambridgeshire property
The guide includes local properties for sale and their estimated rental yields, expert facts, figures and insight from leading UK property expert and BBC Commentator Kate Faulkner, and our own portfolio data. Pop your details in the form below to get your copy instantly.Fill in the quick form and get your guide