The Bristol harbourside regeneration is just one of many across the UK where old docksides have been transformed into the place to live. Following the trend set by Glasgow and Southampton amongst many more the regeneration if the Bristol harbourside is booming. City-centre living is becoming more and more trendy, and the once desolate docks of Bristol are now dubbed the new city centre.
Bristol Harbourside Regeneration : Property Investment Opportunities
The Bristol harbourside regeneration is allowing for property investment opportunities for a wide range of people. From the astute businessman who is interested in buy to let to retirees who wish to downsize, the community at the habourside is balanced and welcoming. Young professionals are particularly interested in the development, their modern working lifestyles and flexible hours allowing them to have a wider choice of where they live.
Bristol Harbourside Regeneration : From Desolation to Des Res
The harbourside and Bristol’s waterfront was the beating heart of the city economy 200 years ago. The unique floating habour allowed trade to continue no matter the tide. One of the most successful and vibrant ports in the world in its day, Bristol like many other port cities went on to suffer abandonment and dereliction. The waterfront became quickly rundown, and it would stay like this for well over a century.
In the 1990’s there was still no new development to talk of at the harbourside. No shops, retails or leisure outlets or housing meant that the area was not just undesirable but also a part of the city that people avoided.
Brownfield developments have seen a dramatic change to the feel and look of the harbourside. There are two main distinctive groups of people looking for new builds at Bristol harbourside. These are young professionals and retirees. It may come as a surprise that almost half of the developments are being sold to couples who are in their 50’s. The reason for this is that these couples no longer need a large home as their children have flown the nest. Downsizing allows them to also help their children get onto the property ladder, their equity being used for first time home purchases.
The Bristol harbourside regeneration has been so successful that the area has now been re-defined as the new heart of Bristol. The development has also led to a boost in local employment, both in the construction as well as retail trades. With the waterfront now bustling with eateries, shops, and restaurants, unemployment levels in the area are significantly less than they were a decade ago.
Asides the harbourside, the Creative Quarter in Bristol is now one of the most desirable places to work, live, or invest in property. Cabot circus is a prime location within the Creative Quarter for investment.
Bristol is not only one of the most popular places to invest in property. It is also one of the favoured locations for living for all sectors of the population. From families with small children to retirees the city has excellent facilities for people from all walks of life. With some of the best public and private schools in the country, an outstanding university, and a healthy business hub, the city is quickly becoming a relocation choice for people escaping London.
With virtual offices meaning that people can potentially work from anywhere in the city, the country, or in the world, Bristol harbourside is immensely popular with young professionals.
Bristol’s climate is a major contributing factor when people choose to relocate. With low rainfall and higher than average temperatures throughout the whole calendar year, Bristol attracts all age ranges from students to retirees.
If you are considering downsizing a property and are looking for a waterfront property which boasts a sustainable community, then Bristol could be for you. With no gardens to tend to, all amenities within walking distance, and a community that is thriving and vibrant, the habourside ticks all the boxes for relocation. With property prices starting from a modest 200,000 pounds for a small apartment, the city offers high class living without a London price tag.
Following on and by the example of other cities in the UK, the docklands of Bristol are now the place to be seen. With its unique floating harbour that meanders through the city centre, Bristol has something for everyone and some of the best investment opportunities in the UK. From modest studios to penthouse apartments overlooking the harbour with prime location and views, Bristol harbourside regeneration has something for everyone.