Schools Out! Tourism’s in!

Schools Out! Tourism’s in!

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Why investing in hotel property is the best thing for the summer

The arrival of August stands for one thing for many of us- a summer holiday. As Brexit approaches and the pounds value is decreasing, many holiday goers are approaching their trips with caution. Combined with the rising costs of daily life, domestic holidays, affectionately referred to as staycations are on the rise.

What does this mean for Hotels?

The increase in domestic travel over international trips means the demand for UK hotel rooms is skyrocketing. The hotel industry reached a total turnover of £98 billion in 2017 proves the demand for quality hotels in the UK is in prime demand.

tarquin jones, property investment, no.7, autism hotel,

No. 7, Blackpool

The tourism economy accounts for 9.6% of all UK jobs. This equated to 3.1 million jobs in 2013 and producing £126.9 million UK GPD in 2013. This was also a 173,000 net increase in jobs in 2010-2012.

Since 2010 tourism has been the fastest growing sector in the UK in employment terms. Britain is forecasted to have 38.8 million oversea visits equating to £24.9 billion in 2019. The tourism industry is predicted to be worth over £257 billion by 2025. The rise in tourism is a result in the millennial and Generation Z wishing to enjoy experiences over purchased items.

The Brexit Cloud

Brexit’s October deadline has seen the value of the pound plummet making international travel a financial stretch for many. As an alternative many are making the most of British soil choosing city breaks and seaside venues including Brighton, Plymouth and Cornwall. For a property investor, this is the chance of a lifetime to financially benefit from the domestic tourism demand. Investing in a hotel will see both oversea visitors take advantage of the low cost of the pound and British travellers wanting to enjoy a cost-effective vacation.

 

Interested in hotel properties? Email us at info@tarquinjones.com

 

 

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Neighbourhood Watch: Jewellery Quarter, Birmingham 

Neighbourhood Watch: Jewellery Quarter, Birmingham 

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Jewellery Quarter 

 

Dating back over 250 years, the Jewellery Quarter is one of the oldest districts in Birmingham.  From humble beginnings, the Jewellery Quarter is now home to more than 500 jewellery retailers and recognised as an international hub of fine jewels. Since its conception, the district has expanded to a cultural beacon to rival Digbeth featuring museums including Coffin Works to restaurants such as Lasan.

Cuisine

40 st pauls, birmingham, jewellery quarter, neighbourhood watch

Leading the way with trendy bars, independent restaurants and creative spaces, the Jewellery Quarter, known locally as JQ is home to an assortment of amenities. The area’s highlights expand to gin emporium 40 St Pauls, named after the stunning St Paul’s Square.

Culture

JQ Festival

Once only known as the home of crystalized rocks, the jewellery Culture has evolved into a beacon of cultural proclivity. The district’s main attraction is the annual July festival, JQ festival, celebrating everything Jewellery Quarter. Dubbed a miniature Glastonbury, the bustling festival features everything from independent musicians to children’s games, epitomising the glamour and diversity of the city.

Additionally, the Jewellery Quarter is home to an assortment of attractions including Museum of the Jewellery Quarter and RBSA.   The neighbourhood’s centrepiece is St Paul’s Square. Lined with streets of offices, music venues and pubs, the Jewellery Quarter is the perfect place to work, rest and play.

Image: RBSA (HYPERLINKED: http://www.rbsa.org.uk/)

Transport

Jewellery Quarter station

Considered the Shoreditch of Birmingham and one of the growing city’s highlights, the Jewellery Quarter is a powerhouse of transportation options. In less than ten minutes, JQ is sandwiched between Grand Central and Wolverhampton via tram and is a regular stop on the Birmingham to Worcester line operating every 10 minutes via Birmingham Moor Street and Snow Hill. Matched by road transportation, the neighbourhood is accessible by the M1 and M5 with a multi-storey carpark on Vyse Street.

Retail

Crown Jules

The Jewellery Quarter is Europe’s largest concentration of businesses involved in the jewellery trade, producing 40% of all the jewellery made in the UK.

Final Note

The heart of Birmingham’s creative scene, the Jewellery Quarter mixes heritage with contemporary creative sectors to strengthen Birmingham’s position in the Northern Powerhouse. As Birmingham continues to be the fastest growing city in the UK, the Jewellery Quarter has evolved into an amazing opportunity for property investment.

Ready to see Birmingham properties? Email us at info@tarquinjones.com for more details.

 

 

info@tarquinjones.comNeighbourhood Watch: Jewellery Quarter, Birmingham 
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Neighbourhood Watch: Ropewalks, Liverpool

Neighbourhood Watch: Ropewalks, Liverpool

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Ropewalks  

Named after the 19th century dominating industry of crafting ropes for the sailor ships, Ropewalks is at the heart of Liverpool’s independent scene, bursting with art, music, culture and home to places including Bold Street and The Bombed Out Church. Voted one of the hippest places to live- beating out the trendy Baltic Triangle area, the array of restaurants, bars and thriving bars keep the neighbourhood electric from day to night.

Retail

Bold Street

Voted by Lonely Planet as one of the best shopping streets in the UK, Bold Street is one of Ropewalk’s main attractions, keeping Liverpool as a top European destination. Packed with independent shops, restaurants and cafes, Bold Street is home to everything from world foods to records to please ever type of shopper.

Leaf

The food on offer varies from street food delights at Peruvian Chicha to world foods at Mattas. Paired with sweet tooth’s dream, Bold Street Sweets and loose-leaf tea house LEAF, Bold Street offers a culinary delight for every occasion.

Living up to Lonely Planet’s recommendation, News from Nowhere and Rennies Art Gallery provide a eclectic dose of culture to the bustling shopping destination.

Culture

Bluecoat

Bluecoat, a Grade I listed 300-year-old building in the heart of Liverpool’s city centre, is home a year-round supply of visual art, literature, music, dance and live art. Alongside the vast supply of culture, Bluecoat is also has a café, restaurant and additionally Bluecoat is home to a wide range of independent shops from jewellery to ceramics at the internationally recognised Bluecoat Display Centre.

FACT

Around the corner from Bold Street, FACT, the UK’s leading gallery showcasing everything in film, video and new media. Exhibitions at FACT are developed by a range of international artists working with everything from prosthetic hands to video games. Past exhibitions have included Shia LaBeouf answering people’s phone calls. FACT is also home to a cinema showing all the latest blockbusters and independent films, a bar and The Garden café.

St Luke’s Church, known locally as The Bombed Church, is Ropewalks’ most famous landmark. Missing its roof due as a result of World War Two, the church now hosts many different events from local markets to gigs and weddings.

Nightlife

Cafe Tabac, Liverpool

Ropewalks is Liverpool’s highlight for nightlife, known for the assortment of options. Where it’s a quiet Saturday afternoon drink or a wild night out, Ropewalks has a bar for every social event.

Hebbie Jeebies, Kazimier Gardens and Pogue Mahones are perfect for a relaxing drink while Café Tabac embodies nostalgia to match their cocktails and red wine collection. Located at the very top of Bold Street, Cafe Tabac is an effortlessly cool, velvet encased, candle lit bar with an eclectic hip hop soundtrack. The closest to a continental experience you’ll get in the city, this neon lit establishment is reminiscent of the Nouvelle Vague period, transporting you to a smoke-filled cafe in 60s Paris.

Transport

Liverpool Central Station

The icing on the cake of Ropewalk is its ability to get around the area, thanks to Merseyrail’s Central Station. Merseyrail are one of the top performing rail operators in the country services customers every 15-30 minutes to 68 stations across the region.

Final Note

The home of Liverpool’s independent scene, Ropewalks is a highlight for students, professionals and tourists. Offering everything from an exciting shopping scene to a booming nightlife Ropewalks is an amazing opportunity for residential, commercial, hotel and student property investment.

Ready to see Liverpool properties? Email us at info@tarquinjones.com for more details.

 

 

info@tarquinjones.comNeighbourhood Watch: Ropewalks, Liverpool
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Neighbourhood Watch: Millbay, Plymouth

Neighbourhood Watch: Millbay, Plymouth

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Millbay

Millbay, commonly known as Millbay Docks is one of the largest regeneration projects in South England, transforming the area into a vibrant waterfront quarter for Plymouth.

Tourism

Millbay Docks

Being a seaside city, tourism makes up a notable sector of the local economy, being worth over £300 million, where over 270 marine-related firms are soaring. In the 1930s many of the transatlantic mail liners moored en route in Plymouth Sound and both mail and passengers were transferred by tenders operating the Millbay Docks. As the largest port on the south coast, with ferry’s to Europe and 3-hour train journeys to London, Plymouth welcomes 5.5 million visitors every year, proving itself to be an ideal location for hotel and holiday lodge property investment.

Regeneration

For almost 26 years, Plymouth’s historic waterfront has undergone regenerative planning to convert Millbay Docks into a thriving marina-side residential village.

To realise these plans, the Millbay Pier project will redevelop the pier and surrounding dockland into three eleven-storey residential apartment buildings accompanied by two smaller land-based apartment blocks of five and six-storeys.  The regeneration of Millbay Pier will complete a long-term plan to redevelop the area into a signature housing development including retail and leisure units. The plans will revive a run-down area of Plymouth’s historical harbourside and provide much needed housing in the city.

Dutch-based Vastint Hospitality have submitted a hybrid application to put a 175-bedroom hotel, seven houses and seven studio apartments for short-term rent, on the Pavilions carpark.  English Cities Fund (ECf), the company behind the long-term regeneration of Millbay, wants to see a 10-storey block of 58 apartments and a 155-bedroom hotel rise up on land known as Plot C1 off Millbay Road.

Mayflower Court

Additionally, Mayflower Court, nicknamed the Abbeyfield Project, will provide an 8-storey block of retirement flats. Due to be completed in early 2020, the multi-million-pound development will consist of 10 one-bedroom apartments for sale, 70 remaining one and two-bedroom apartments for rental and ground floor restaurant, hair salon and commercial units.

Cuisine

Bridgemans

To complement the ocean city’s reputation, Millbay offers an array of eateries including Bridgeman’s and Mill Bay’s Sushi.

Transport

Plymouth Railway Station

Millbay is located less than twenty minutes from Plymouth Railway Station which is in the process of undergoing regeneration to improve connectivity and the local atmosphere.

The Joint Local Plan says any development should provide for the following:

  1. A more intensive form of development which makes better use of vacant and underused space, with retention and refurbishment of Intercity House or its replacement with a high-quality landmark building.
  2. Use of landmark buildings to provide a widely visible presence to the station.
  3. A high quality and attractive station entrance, including the creation of a new public space, with a direct public route on foot and by bicycle from Armada Way.
  4. Uses which create activity around the station.
  5. Clear information regarding connecting bus services and good access for bus passengers.
  6. Opportunities to support the introduction of sustainable transport choices such as cycle hire, car clubs and electric vehicle charge points.
  7. Replacement of the existing multi-storey car park, with high quality parking provided as an integral part of the scheme.
  8. Pedestrian and cycle links to Central Park
  9. Enhanced connections between the campuses, the City Centre, the History Centre, Railway Station and neighbouring areas of the city.
  10. Tree planting and greening of the campuses to enhance the environment and absorb air pollution.
  11. Sustainable energy strategies, including the delivery of district heating opportunities.

Plymouth is set to get a Metro system with new stations in and around the city. The proposed scheme, branded ‘Plymouth trams’ is a bid to get commuters off the road. Two areas in Plympton, Marsh Mills and Colebrook, have already been earmarked for a station and the first step will be to reopen the local rail link to Tavistock, reinstating the Plymouth to Exeter routes via Tavistock and Okehampton. Work is already underway to make that a reality.

If the plans go ahead, this will greatly benefit the connectivity Millbay has to the wider Plymouth area.

Education

Plymouth School of Creative Arts

Home to Plymouth School of Creative Arts, commonly known as ‘The Red School’ Millbay is at the centre of Plymouth’s thriving creative community. Only 5 minutes’ drive away from the University of Plymouth the Millbay acts as the perfect location of socialising. Responsible for 23,155 of Plymouth’s student population Millbay supported by mass regeneration is the ideal location for residential and student property investment.

Final Note

Plymouth is a vibrant seaside city offering a fantastic quality of life. One of the reasons so many moves to Plymouth whether for university or for career prospects, is the exciting cultural scene mixed with the beautiful sea.

In the centre of extensive regeneration schemes including the 24.6 Northern Corridor transport scheme and the £13 million Science and technology hub, now is the time to invest in Plymouth’s thriving district for student, residential and commercial property.

Ready to see Plymouth properties? Email us at info@tarquinjones.com for more details.

 

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Neighbourhood Watch: West End, Glasgow

Neighbourhood Watch: West End, Glasgow

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The West End: Glasgow

Famous for its stunning Victorian architecture and thriving cultural scene, Glasgow’s West End, named “the hippest place in the UK” by The Times and as one of the “top ten coolest neighbourhoods in Europe” by The Independent, is a hotspot for young and mature professionals working in the city and students attending Glasgow University.

Greenery

Kelvingrove Park

In the heart of Glasgow’s creative scene, nature is a key attraction of the West End. Kelvingrove Park is a relaxing Victorian park featuring tennis courts, a skatepark and a restored Kelvingrove Bandstand, home to the Summer Nights mini music festival that brings open-air music back to the park.

Education

University of Glasgow

Over 26,000 students attend University of Glasgow for its prestigious education. Designed by George Gilbert Style, the Gothic revival architecture of the main building is a stunning architectural masterpiece. Described as the real-life Hogwarts, the University of Glasgow has been featured in productions including Cloud Atlas and Outlander.

Culture

Scottish Ballet Company

The West End offers a vibrant cultural scene, stimulating many professionals, families and students to live in the area and effectively has encouraged businesses to operate here. The top attractions include Kelvingrove Art Gallery, Riverside Museum and Clydeside Distillery.

The performing arts reigns supreme in the district boasting Kings Theatre showing productions including The Rocky Horror Show, the Scottish Ballet Company and the majestic Glasgow Royal Concert Hall.

Nightlife

Brel

As the bohemian district of Glasgow, the West End is home to some of the city’s most innovative spaces, cool events, creative people and prettiest streets. To complement this, the variety of unique bars are within easy reach. Brel, voted best beer garden of Glasgow in 2016 and The Parlour, home of the quirky cocktail are among the top favourites of the local community.

Cuisine

Tantrum Doughnuts

Known for its trendy cuisine, the West End offers a host of innovative eateries. From The 78, a dog-friendly vegan bar to Michelin Bib Gourmand awarded Ox and Finch. Taking fine dining to a new level of service, Six by Nico is one of Glasgow’s hotspot restaurants. Every six weeks, the restaurant changes its menu to a completely new theme, comprising of six delicious courses. Additionally, the dessert eaters will be well catered to at Tantrum Doughnuts with amazing hand-made doughnuts.

Tourism

West End Festival

Living up to its reputation as a cultural beacon of Scotland, the West End hosts several events including the annual West End Festival in June celebrating the local community and Glasgow Mela Festival, where visitors can experience Scottish music and dance in Kelvingrove Park, which always attracts lots of top performers from around the world alongside some mouth-watering food stalls too.

A Final Note

As the second largest economy in the UK, Glasgow is a thriving city set to benefit from over £16 billion of regeneration to strength the life sciences and transport industries. Proving to be a powerhouse outside of London, the West End’s bohemian reputation makes it’s a beacon for investment opportunities of residential, commercial and student properties.

Ready to see Glasgow properties? Email us at info@tarquinjones.com for more details.

 

 

info@tarquinjones.comNeighbourhood Watch: West End, Glasgow
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Ethical Property: THE FUTURE OF INVESTMENT

Ethical Property: THE FUTURE OF INVESTMENT

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Why Invest in Ethical Property?

In the world of investment, property is the safest route to net returns. After all, as long as people need accommodation, property will always be in demand be it commercial, student or residential. We’ve entered a new era of property investment, where financial return is not the only concern but also how the property can service a community.

An ageing population

Danygraig Care Home, Wales

As scientific discoveries have revolutionised medicine, the 2019 life expectancy in the UK is 80.99 years while in 1969 the life expectancy was 71.72 years. The UK celebrates over 10 million aged 65 and older, outnumbering those aged 16 and under with the baby boomer generation (1946-1964) reaching retirement age, the demand for residential and nursing homes is at high demand. Currently, 400,000 people are living in care homes, and over 800,000 people living with Dementia. By 2021, this will rise to 1 million, and be more than double by 2050.

They’re currently 400,000 people living in care homes, and due to the over 85-year-old demographic being the fastest growing age group, predicted to grow by 106% to over 2.6 million by 2030.

Bryn Illtyd Residential Home, Wales

With the mortality rate in the UK, dramatically rising, there is a dramatic increase in demand for specialist dementia and nursing care. The care home market will play a significant role in our future society, with increasing demand for quality accommodation, care and funding.

The combined market value for older people in the UK is currently estimated to be worth £22.2 billion, of which £13.4 billion is attributable to residential care. As the number of elderly people with high care needs in the UK is expected to increase over the next 20 years, the need for modern, fit for purpose care homes is increasing rapidly.

The Millennial Effect

The Bridge, Kirkcaldy

Over 62% of millennials have considered starting their own business, with 72% feeling that start-ups and entrepreneurs are a necessary economic force for creating jobs and driving innovation. According to the 2016 BNP Paribas Global Entrepreneur Report, millennials are starting businesses at younger ages than their counterparts in previous generations. Baby boomers, for example, tended to launch their first business at an average of 35 years of age. Millennials, on the other hand, start their first business around age 27, implying they’re more eager to start businesses and possibly, are more willing to take risks in doing so. The report also shows that millennials have launched about twice as many businesses as their baby boomer counterparts have

The millennial leaders demand action on major issues including climate change, mental illness and work life balance. Commercial property is seeing their influence and meeting their perquisites outdoor spaces, remote working capabilities and multipurpose spaces.

Autism and the UK

In 2019, there are approximately 700,000 autistic people in UK, more than 1 in 100. Including their families, autism is a part of daily life for 2.8 million people. Many autistic children in state schools find difficulty in their needs being catered to, to the extent that 63% of children on the autism spectrum are not in the kind of school their parents believe would best support them. Additionally, 17% of autistic children have been suspended from school; 48% of these had been suspended three or more times; 4% had been expelled from one or more schools.

St Camillus No7, Blackpool

As autism is a lifelong disability that cannot be seen, the need for support to cope with finding employment and surviving daily life is vital.  Only 16% of autistic adults in the UK are in full-time paid employment and only 32% are in some kind of paid work.

To adhere to this, John Lewis has launched autism-friendly shoe services and The Education Authority now spends £270m a year on supporting children with special educational needs – including autism.

Final Note

With the rise of ethical factors being pushed for the forefront, the property market must represent the world we live in, both financially and medically.

 

 

 

 

 

 

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Neighbourhood Watch: Ouseburn, Newcastle

Neighbourhood Watch: Ouseburn, Newcastle

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Ouseburn, Newcastle

Once the cradle of Newcastle’s industrial revolution, Ouseburn has evolved into a beacon of creativity due to the culture-led regeneration in the city. Despite Newcastle being named one of six UK cities named a science city, an abundance of creative businesses calls Ouseburn home, welcoming an array of artists and musicians.

Creative Hotspot

 

 

 

 

 

 

 

 

 

Ouseburn is an established creative hub, breathing new life in the factorial buildings.  A neighbourhood favourite for creative start-ups is Hoults Yard, former Victorian pottery works transformed into a complex of offices and studios. Beloved among Newcastle’s artist and creative businesses is 36 Lime Street, an affordable studio space to rent.

Social Capabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Embracing the beauty of nature, Ouseburn Farm, is a community-run farm featuring a range of flora and fauna, where visitors are encouraged to interact with the animals. To complement this, Stepney Bank Stables offer horse-riding lessons, encouraging children to enjoy the outdoors.

The Cluny, formally a whiskey bottling plant, is a bar and music venue popular on the Newcastle social scene where musicians including Mumford and Sons have played. Other popular hangouts for the Ouseburn crowd include Northern Print, Cobalt Studios and independent gallery, Artisan at the Biscuit Factory.

Rental Yields

Hadrian’s Tower, Newcastle

Ouseburn, located in close proximity to University of Newcastle, is a great neighbourhood to invest in. With an average of 8.16% in NE1 and 8.43% in NE6, Ouseburn celebrates some of the highest rental yields in the UK.

Tourism

 

 

 

 

 

 

 

 

 

 

Dedicated readers and enthusiastic writers travel far and wide to visit, Seven Stories, the national centre for children’s books. Originally a charity, Children’s Laureate Dame Jacqueline Wilson and Nick Sharratt, opened Seven Stories to the public upon moving to Ouseburn for its cultural regeneration.

For tourists interested in the historical aspect of Newcastle, Ouseburn hosts Victoria Tunnel, a preserved 19th-century wagon way under the city from the Town Moor to the Tyne.

Local Cuisine

 

 

 

 

 

 

 

 

 

Catering to students, young professionals and families, Ouseburn offers a variety of cookery. Vegans meals are served up at The Ship Inn and coffee enthusiasts will be at home at Ouseburn Coffee. Other options include The Tyne pub, The Cook House and The Cumberland Arms.

Final Note

Newcastle’s answer to Shoreditch, Ouseburn has reinvented the city as a creative epicentre alongside its scientific reputation. Mixing both rural and urban living, Ouseburn possibilities for investment are endless.

Ready to see Newcastle properties? Email us at info@tarquinjones.com for more details.

 

 

info@tarquinjones.comNeighbourhood Watch: Ouseburn, Newcastle
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London Property Investment

London Property Investment

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Despite the impending presence of Brexit, London stands tall as a property investment icon, Boasting world-class theatre, state-of-the-art education and a £565 billion economy.

A melting pot of culture

The capital is the largest city in both the UK and European Union with an estimated 8.8 million population. Covering 607.12 sq. miles, equalling to 22,250 residents per square mile, London continues to be in high demand for property. Offering an array of industries from retail to fashion, London is considered one of the most diverse cities in the world for ethnicity and religious beliefs.

Christian 48.4%
Muslim 12.39%
Hindu 5%
Jewish 1.82%
Sikh 1.5%
Buddhist 1%
Other 0.6%
No Religion 20.73%

 

Of the 8.8 million people living in London, 37% were born outside of the UK; two thirds from outside of the European Union. According to the 2011 Census, 262,247 people living in London were born in India. As more opportunities are conceived in London the numbers are predicted to grow to up to 10.5 million by 2035.

YEAR POPULATION GROWTH RATE
2035 10,556, 486 0.63%
2030 10,228,051 0.78%
2025 9,840,742 1.13%
2020 9,304,016 1.39%
2019 9,176,530 1.45%
2015 8,661,381 1.49%
2010 8,044,433 1.41%
2005 7,501,217 0.62%
2000 7,272,819 0.68%
1995 7,029,508 0.68%
1990 6,794,400 0.16%

 

An American in London

The rise of the tech sector in London, most predominately Silicon Valley Tech Giants, have boosted London’s property market. US property investors are soaring through Marylebone, Mayfair, and Chelsea. Accounting for 6% of all sales by foreign buyers in London, second only to Chinese buyers, President Trump’s relaxation of tax laws governing repatriation of money held over-shore which has freed hundreds of billions of dollars for investment in blue chip assets.

Saudi Arabia £13.4 million
Turkey £10.8 million
Germany £9.8 million
Russia £9.1 million
USA £7.3 million

 

Property developer, Knight Frank established that Americans have paid an average of £7.3 million for Central London homes this year in Marylebone. Liam Bailey of Knight Frank claims “the pound’s weakness against the dollar since the Brexit referendum combined with weaker underlying prices had made London more affordable, but the huge sums being ploughed into the tech giants and hedge funds are the driving factor.

There has been a significant uptick in demand for prime property from relocating US employees, entrepreneurs, and business owners. Among the market leaders are Google’s £1 billion European headquarters in King Cross, Facebook’s engineering hub at Rathbone Place and Amazon UK’s headquarters in Shoreditch.

The new face of the tech sector

The past decade has seen London evolve into the tech hub of Europe, with a new generation of leaders. The millennials leading the tech sector demand action on major issues including climate change, mental illness and work life balance. Commercial property is seeing their influence and meeting their perquisites via ping pong tables, remote working capabilities and multipurpose spaces.

The tech sector is expected to be the leading industry in London in the next ten years. Currently, Canary Wharf hosts more than 35,000 tech workers. In preparation for the upcoming economic changes, property developers are already preparing to accommodate this.

Image: CanaryWharfGroup

Wood Wharf is set to become the districts largest regeneration development. A major requirement for this generation of leaders is access to outside space and the latest 5G networks. A £5m sq. ft project with more than £2m sq. ft of commercial leasing, distinctive workplaces, and interconnected public space is being built to meet the demands of the tech-heavy tenant.

Hotspot Neighbourhoods

London attracts all sorts of people for its variety of experiences. In 2019, the most in-demand region is East London. London has always been notorious from its innovative creative scene, and with more independent galleries, creative start-ups, young professionals and couples are heading to the regeneration sector of East London.

Generation DINKY

ONS figures showed that in 2017 the proportion of women never having children has doubled in a generation. A Savills study reported that the DINK generation (Dual Income No Kids), possessing a combined income of £80,000 where the older partner is 26-35 are heading towards South and South East London including prime riverfront addresses from London Bridge, Bermondsey and East Putney,

“There is definitely the attraction of water at play,” says Lucian Cook, head of residential research at Savills and author of the report. “They are going to be slightly less concerned about family things,” he says. “It’s all about leisure and amenity.”

London of the Future

As the capital city, London is continuously subjected to regeneration to continue its position as an economic powerhouse of Europe.

Tulip Tower

The 1000ft proposed Tulip Tower is intended to reside by the Gherkin, making the skyscraper the second tallest structure in Western Europe, featuring a viewing platform with rotating pods. The Tulip will include a restaurant and sky bar in addition to a floor for educational purposes during school hours.

Infinity Pool

Designers Compass Pools, are proposing a ‘world’s first’ transparent infinity pool on top of a 55-storey building providing 360-degree views of London. To not jeopardize the view, a spiral staircase will rotate and rise through the 600,000-litre pool to provide access.

Hackney Wick

Since the construction of Queen Elizabeth Olympic Park, investors and developers alike, have seen potential in the east London area. Once industrial buildings are being converted into luxury apartments and residential sites such as The Bagel Factory are are drawing in many young professionals for the supply of an alternative social scene.

North Bank

To contest with the South Bank, Westminster Council will fund a £28 million scheme to redevelop the North Bank. Home to Somerset House and The Savoy Hotel, the North Bank will replace Aldwych gyratory system with a two-way road and a new plaza is to be installed by St Mary le strand church. Additionally, the Strand from Aldwych to Melbourne Place to the east will be pedestrianised and lined with cherry trees. The riverbank will be opened up to become a cultural quarter lined with restaurants, bars and a retail to compete the Southbank.

Elizabeth Line

The Elizabeth Line is Transport for London’s new rail line, currently being built by Crossrail Ltd, is expected to service approximately 200 million people every year. Stretching more than 60 miles from Reading to Shenfield, the Elizabeth Line stops at 41 stations, 10 new newly build stations and 30 newly upgraded.

Final Note

As the capital, London is the first stop for regeneration, historical value, education, culture, as evident by its 8.8 million population. Despite Brexit, as long as London continues to be a global phenomenon, it is a formidable location for student, commercial and residential property investment.

Ready to see London properties? Email us at info@tarquinjones.com for more details.

 

info@tarquinjones.comLondon Property Investment
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The Rise of the Staycation

The Rise of the Staycation

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Long Live the British Holiday

Ayia Napa or Robin Hood’s Bay this summer?

staycation, aiya napa, domestic tourism, summer holiday, destination holiday,

Aiya Napa

As the temperatures rise in the run-up to summer’s arrival, the annual summer holiday planning for many a Brit is taking place. The regular beach destinations including Mykonos (Greece), Lanzarote (Canary Islands), Menorca (Spain) and Algarve (Portugal) have long been favoured for their serene ambience, cultural atmosphere and performance as an escape from the grind of daily life. The beauty of Cornwall’s Talland Bay and Wales’  Llanddwyn Island, has worn away the allure of Europe, in favour of a staycation. At the same time, those of us who prefer skiing on Christmas Eve, to relaxing at home, are trading La Plagne and Livigno for Glenshee and Manchester. Data from the Great British Staycation, revealed that in 2018, 52% of 25-34-year olds took holidays within the UK for tourist attractions and financial benefits.

Robin's Hood Bay, staycation, domestic tourism, hotel property,

Robin Hood’s Bay

With the looming presence of Brexit, the magnetism of British soil is leading many holiday goers to forfeit the passport stamps in favour of domestic tourism. With the decline of the pound’s value on the global market and the impending costs of VISAs to travel within Europe, the UK has become a holiday hotspot. Tourism and marketing expert Dr Sheila Malone of Lancaster University said there had been a noticeable movement in trends following the Brexit referendum. She told Sky News: “That seemed to trigger a different kind of consumer sentiment in terms of spending – a little bit more cautious, looking for a bit more security in how they (British holidaymakers) are spending their money.”

What does this mean for the tourism industry?

Trafford Hall Hotel, Old Trafford, Manchester, Hotel Property, Domestic Tourism,

Trafford Hall Hotel, Manchester

The increase in domestic travel over overseas trips, while initially was driven by the rising costs, has become a trend, holiday goers and travellers desiring multiple short breaks throughout a year, no necessity for travel insurance, last minute holidays and reasonably priced packages. Additionally, as the pound has weakened international tourism has increased, making the UK a hotspot travel destination both nationally and across the globe. Locations such as Manchester draw consumers from all walk of life including sport and theatre.

Hotel Property

The rise in staycations stands to benefit the UK tourism industry, expected to be worth £257 billion by 2025. The hotel industry reached a total turnover of £98bn in 2017 proves the demand for quality hotels in the UK is higher than ever before.

Epic Hotel, Hotel, Liverpool, Hotel Property, Domestic Property,

Epic Hotel, Liverpool

Most popular in London & Blackpool, Hotel Property is a smart method of property investment, given the lower entry cost compared to residential property and student property. It’s an ideal method to invest in the British economy and support an industry with rapid growth. As a hands-off management investment, the hotel property is a passive income and as most investment deals offer to buy back in year 5, it’s an intelligent short-term investment.

Interested in hotel properties? Email us at info@tarquinjones.com

 

 

 

info@tarquinjones.comThe Rise of the Staycation
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Neighbourhood Watch: Digbeth, Birmingham

Neighbourhood Watch: Digbeth, Birmingham

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Brum City 

 

Digbeth is Birmingham’s self-titled creative sector and most distinctive part of the city, less than ten minutes from Bullring and Grand Central. Named “the Coolest Neighbourhood in Britain” by the Sunday Times, Digbeth is a favourite for generation rent. With the upcoming arrival of HS2 and New Street rail station £770 million redevelopments, Digbeth celebrates 5-6% rental yields.

Culture

Digbeth is a trendy, artistic hub comprised of galleries and studios. Eastside Projects is a free, public, artist-run space, showcases temporary shows from both local and international artists. Every Friday of the moth, the artists’ collective teams up with other groups in the area to delivery special events.

 

 

 

 

 

 

 

Transport

New Street Station has undergone £770 million redevelopments, boosting daily passenger capacity to 240,000. The new station is five times the size of the original station with a striking height atrium topped with a bubble roof made from ETFE, a fluorine-based plastic.

 

 

 

 

 

 

 

 

 

Haute Cuisine

Digbeth, Dining Club, Birmingham Mail

Digbeth is home to the infamous Dining Club, a street food dining experience. Cooking a range of alternative cuisines with energetic DJ’s, visitors can enjoy everything from Pizza and crepes to Caribbean and Malaysian dishes under the partially covered rooftop.

 

 

 

 

 

 

 

 

A Final Note

A growing city, Birmingham is proving to be a metropolitan city, with something to accommodate everyone. The rising economy, mass regeneration, and emerging transport links make Digbeth one of the most demanding places for property in the country. Now is the time to invest in the future of the country, the future of education, employment and most importantly, property.

Ready to see Digbeth properties? Email us at info@tarquinjones.com for more details.

 

 

 

 

info@tarquinjones.comNeighbourhood Watch: Digbeth, Birmingham
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