Keywest Estate Agents / Oct 14

Buying property in Leicester could pave the way for a more secure financial future whilst also offering a great place to live in the here and now.

New predictions from property insiders suggest that Leicester will become even more of a property hotspot over the next decade. The predictions are based on the potential seen in the area along with a range of key indicators, which include a young population, fashionable eateries, celebrity interest and good transport links.

Leicester has been particularly heralded by property professionals as a result of the city’s universities, galleries and museums, the King Richard III Visitor Centre and the Connecting Leicester project, which aims to create a city centre that is well connected, family-friendly and safe.

Leicester joins the likes of Rotherham, Manchester and Birmingham in a list of locations showing the potential to become property hotspots of the future.

Experts across the city agree that Leicester is undoubtedly an area with a bright future, with many people choosing to re-locate or return to the city because of the excellent value on offer within the property market.

The city has also become a very attractive proposition for many property investors and those looking to live in the city thanks to its plethora of good educational opportunities for children and young people and its excellent transport links.

There is also increased confidence among first-time buyers within the area, as people look to lay down roots in a city that is ripe with opportunities to be enjoyed in the present and in the future.

The city’s diversity has also been heralded, making it attractive to a wide range of buyers and those looking to rent property in Leicester, leading many experts to predict a steady rise in property prices over the coming years.

The King Richard III Visitor Centre, meanwhile, has been cited as one of the many major draws that Leicester has to offer. The centre, which opened to visitors in July 2014, continues to attract visitors from across the world.

It was born out of the discovery of the remains of the fallen king in the car park at Grey Friars, and work started on the much-acclaimed visitor centre just ten months after the grave was found. Yet despite its having a huge impact on tourist figures in the area, it is far from the only reason why an increasing number of people believe that Leicester is the place to be.

Find out more about how living in Leicester or investing in the area could benefit you by getting in touch with the team at Keywest today.