Solihull Property Investment

What is the Solihull property market forecast?

The forecast for the Solihull property market is certainly bright, with an abundance of regeneration and historic price growth propelling rental and property values for the future. According to Savills, the West Midlands is set to outpace the East Midlands, South of England, and the average UK property market for projected growth over the next few years, predicting that the region will see a 19.5% boost to property values from 2024 to 2028. What’s more, with the likes of JLL suggesting that the UK property market could see rental price growth of 18.8% from 2024 to 2028, we anticipate that buy-to-let properties in Solihull will continue to demand a premium and landlords will continue to achieve impressive yields.

How is demand transforming Solihull property investment?

The population of Solihull is anticipated to increase by almost 25,000 over the next two decades, which will undoubtedly create greater demand for properties in the area. This growth will come as a result of flourishing job opportunities across the region, namely from the aforementioned redevelopment opportunities that will employ thousands and create long-term growth for the region. Almost 7,000 have been employed in the West Midlands for the construction of HS2, and long-term opportunities will be made once construction is complete. A further 3,000 jobs will be created during the redevelopment of the NEC.

Knowle

he peaceful village of Knowle offers a charming community atmosphere combined with excellent commuter links to Solihull, Coventry, and Birmingham. This makes it an ideal location for those seeking a balance between village life and city convenience. With a population of just 11,000, Knowle presents the chance to become part of a close-knit community while still enjoying the amenities of nearby Solihull. Homes in the area come at an average price of £607,000 according to Rightmove, largely due to the generous garden spaces that many properties offer.

Solihull Town Centre

For young professionals, Solihull town centre offers effortless commuting, with trains to Birmingham taking just nine minutes. The town centre is packed with amenities, including the Touchwood shopping centre, numerous bars and restaurants, and plenty of green spaces to relax in. Properties in the B91 postcode area average £464,000, but for investors, flats and apartments offer more affordable options, with prices around £210,000 on average.

Elmdon

For those who love the outdoors, Elmdon is the ideal place. Elmdon Nature Park, a Green Flag park and local nature reserve, offers expansive green spaces, playgrounds, tennis courts, and outdoor gym equipment. Other local attractions include Elmdon Hall, Solihull Moors Football Club, and the Jaguar Land Rover Experience. Though a quiet village, Elmdon is just minutes away from Birmingham via nearby Bickenhill’s train station, making city amenities easily accessible. The average property price in Elmdon is £279,000, although investors can secure flats in Elmdon for £121,000.

Why choose Centrick Invest?

With 18 years of experience in helping clients find their next investment property and build a portfolio that works for them, Centrick is well-versed in supporting investors looking to take the next step in their property journey.

From portfolio consultations that help you understand the potential of your investments to advice on diversifying your investment portfolio or spotting the next property hotspots – we’re here to do the hard work for you, so you can start actioning your investment plan.

This ongoing support also means we have an accurate, reliable picture of your CentrickScore and wider investment plan, which allows us to provide optimal recommendations for expanding your portfolio of buy to let properties in Manchester and beyond.