Aug
18

Brighton is a great place to invest in property

Property is a better investment in Brighton than in leading university cities including Oxford and Cambridge.

Student accommodation investments ranks the city third, behind Edinburgh and Bristol but ahead of the Oxbridge towns.

Factors including average cost, rent charges and growth in house prices, the cities have each been given a score out of ten. Brighton gets 7.8.

It also analysed average graduate income to conclude that Edinburgh was the best investment and of the 24 cities considered, Aberystwyth in west Wales scored lowest.

Student lets are generally seen as a great investment, there will always be a reliable level of demand and universities can often be really helpful in pointing students your way.

Brighton is always expanding in property and there’s going to be to be a new planning application for 59 new homes and a new Co-op supermarket on Kingsway.If approved by Brighton and Hove City Council, up to 25 jobs could be created with £90,000 being generated through council tax rates.

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A decision on whether the application should get the green light is expected to be made on October 25th.

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Mark Welton

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