The Best Areas of Nottingham to Invest in Buy-to-Let

Why Invest in Nottingham?

Look at Nottingham today and you’d scarcely realize it has an industrial past being a one-time world leader in – of all things – lace-making, bicycles and pharmaceuticals. Today its main industries are future-oriented ones like financial and business services, logistics, advanced manufacturing, clean technology, life sciences and digital.

There are big plans being announced in 2023, including a 4bn development program across the city center that will create 7,000 new homes and 15,000 new jobs.

Mark Carney, Bank of England Governor, has previously called Nottingham a bellwether for the UK economy. He meant that Nottingham was a leading example of a city which was successfully transitioning to a new, modern economy.

The Nottingham and Derby Enterprise Zone is central to the economic life of the city as it is to Derby, which can very much be thought of as an economic partner. The zone consists of two clusters. One is focused on life sciences, medical research, beauty and health and the other is on advanced manufacturing, engineering and supply chains.

Nottingham is home to not just one but two universities, meaning there is a large student property market. The University of Nottingham has 46,000 students and Nottingham Trent University has 40,000. Another noteworthy Nottingham institution is the Queen’s Medical Centre. QMC is a regional ‘super hospital’ and the largest teaching hospital in the UK. Six thousand people work here, creating a massive demand for property to buy and rent.

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