Expansion plans for Esper Wealth
Added: (Mon Mar 28 2022)
Pressbox (Press Release) -
Manchester base investment company Esper Wealth which specialises in properties for investor announces that is expanding into the Birmingham property market.
The company has until now just focused on the Manchester and Liverpool property market. Managing Director Janis Aukstars states "The Birmingham property market is a great area for investors. Property investment opportunities for city centre locations in Birmingham have all the right ingredients for an astute investment. Property offers a high yield and forecasted growth is very good according to major indices. HS2 will be a major contributor."
This governmental scheme will generate many additional jobs for Birmingham due to a better connection to London. It is anticipated that a number of companies will relocate to Birmingham which will increase the demand for properties in the city. HS2 is a high speed train network which will connect London Birmingham. It will reduce traveling time down to 52 minutes, from 1 hr 21. Completion for this project is anticipated within the next 10 years.
Janis Aukstars explains, "Manchester has been as great performing city for investors over the past two years with properties going up by 15% on average. This has been great news for investors taking advantage of the underlying demographics, and we expect this trend to continue. However, Birmingham also has excellent long-term prospects. With this in mind we have now entered into agreements with Birmingham developers who are building off-plan. In the future will will be looking to open a subsidiary office there to del with local demand."