Why You Need to Invest in Coventry Now

Coventry is a city enriched with colour, community, and culture, with every area harbouring their own individual set of qualities that make them unique. As a result of its prime location, endless attractions, and stores, the second largest city in the West Midlands is gradually becoming a main hotspot in the UK to settle down. With a growing population, comes growing demand, so to ensure you don’t miss out on an increasingly lucrative investment, clue yourself in on why a Coventry property should be your next venture.

Attractions and Amenities

Vibrancy and liveliness are easy to find in a place like Coventry, when at every corner, shops, restaurants, and events are in abundance. Being home to not only the Belgrade Theatre, War Memorial Park, Fargo Village, and the Transport Museum, makes it an attractive location for families alike to settle down. No matter what part of the city you reside, convenience is key here, with supermarkets and off licenses in arms reach, so you can be rest assured from Wyken to Whoberley, your tenants will have enough access to fulfil their needs.

Travel and Location

This Midland town’s accessibility is second to none with the motorway connections making for simple travel to and from the city and if you’re someone with multiple businesses or properties, this is a more than valuable attribute. As a commuter, it can be difficult depending on often unpredictable and unreliable public transport as a means of travel, but with the network of school age to university students in the city, Coventry has cracked down on making buses and trains consistent.

Family Appeal

As mentioned earlier, there is much to entertain a family in this city, but the amenities available, aren’t the only point of attraction. The affordability in the city is sure to tick some boxes for these residents but Coventry’s exemplar range of independent, private, state and academy schools, and the thousands of job opportunities that schools have to offer, families are sure to be looking in this direction.

Students

The University of Warwick and Coventry University are popular and well rated educational facilities, making the city a hub for students, primarily in Earlsdon, Canley and central parts of the city. It’s true that there is much accommodation offered by the universities, but the market for students will keep existing as long as the properties are appropriately located and priced. In a city like Coventry, the demand will always be there, so if your research is extensive and you buy in a marketable region, you could end up making a great return on your investment.

Price

Despite being a fairly large city, the prices for a property in Coventry are much lower than the average for not only the West Midlands, but for the nation as a whole. Due to the low cost of living here, and the average house price falling under £200,000, finding yields on your investment is more likely here than most parts of the country. With the cost-of-living crisis weighing on all shoulders this kind of security has become invaluable so planting a property here could offer you the perfect combination of safety and profit.

Whether you decide to make the jump in the near future, or further down the line, it’s important to be aware of what Coventry has to offer and how you should consider it as a potential investment. With the combination of the above, it’s no surprise that Coventry is making a big impact and will soon become a point of high interest, so make sure you aren’t missing out on the opportunities that this central city will bring.

Maya