The East Midlands are three things: well located, beautiful, industrial chic and an option for all budgets. Choosing this area as your spot for investment definitely brings advantages, but should be well considered as it doesn’t offer too many bigger cities.
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For a lot of people, breathtaking nature like the Peak District, Charnwood Forest with its volcanic rock that’s meant to be 600 million years old and Sherwood Forest, home to notorious outlaw Robin Hood is already enough of a reason to make the East Midlands their home, be it personally or as an investment base.
Furthermore, getting to the region’s bigger cities like Derby, Nottingham or Leicester is becoming less and less stressful, especially with the HS2 now being confirmed. And in case your plans are taking you further away, the East Midlands airport connects travellers with cities across Europe and the world.
Another draw for the area, especially for young professionals and families, are the comparatively low living costs. These are even lower than in the West Midlands, where Birmingham dominates.
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With more investment going into the area and therefore a growing business sector and economy, the East Midlands have experienced a tremendous growth in offers for wining and dining, along with theatres, cinemas and music venues.
The price point
House prices in the East Midlands vary as much as the array of properties available to purchase.
However, if you budget is rather tight, with a bit of luck, you’ll find a great flat in an amazing location. And in case money isn’t the question, make sure you check out the some of the extravagant mansions the area has on offer.
