Many people may wonder whether England is still a healthy and vibrant place in terms of property and real estate investment. If England is still very investable and can still offer a good return on the investment in the future, then you will more than likely wondering where the best investments can be found. Have you heard about the English Partnerships redevelopment projects? Read more.
Certain areas of England, as I am sure you are aware, are in need of regeneration, and some more than others. This is where the National Regeneration Agency comes into play. This organization, working in cooperation with the government getting involved in the regeneration of areas such as the former Sideway Colliery in Stoke-on-Trent (£ 8,000,000 £ pumps in the area in a project that will be completed in 2010). The group is also involved in the massive Development Devonport in Plymouth. The group is heavily involved in the regeneration of South Yard Enclave at the Devonport Dockyard, in a residential area with affordable housing. The plan is to build more than 500 homes and a health center, a few shops and some offices building. It is strange to think that the South Yard enclave a residential area, when thinking of the thousands of people who used to be in the past. MOD in this high security area Since the 1970s, with the decline in the numbers of people in the British forces, led Devonport Dockyard has declined as a thriving place of business drastically.
The Devonport regeneration is part of what the government call their ‘Neighbourhood Renewal Strategy’. This strategy combines affordable housing and employment for the local population. The reality is that people from outside Plymouth invest in Plymouth. From an investor perspective, it is all very interesting especially in Plymouth. A large new shopping center is built on Drake Circus (a monstrosity some might say) and many investors from outside the Plymouth area are buying up real estate and real estate. Some projects in Plymouth have received EU funding, in addition to the regeneration agency funding. The University has continued to grow in size and many students bars and pubs, and also many new cafes etc are made. Valeria Lo Iacono, an Italian resident of Plymouth reports that “(Plymouth) is changing rapidly and it is an interesting place to be, though disturbing, prices for Plymouth residents are rising too fast.”
For investors, however, Plymouth is worth looking at the effort. If you look at all the money being pumped into the area, the growth of the university the regeneration of certain areas, it becomes clear that the city certainly undergoing a facelift. After being neglected for 20 years and going downhill, it is visibly noticeable when I return to Plymouth every year, how it changes. Plymouth Argyle stadium has been modernized, new baseball field and facilities in Central Park, the new shopping center, European-style cafes in the city center. The city is clearly changing. Is it worth investing in? I am planning to.
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