Birmingham property market 'strong in suburbs'

Those looking to move into buy-to-let and other types of property investment in Birmingham should look at locations outside the city centre, it seems.

Sales negotiator at estate agent Robert Powell & Co Chris Williams recommended the suburb of Edgbaston as one of the most desirable areas of the West Midlands city.

Investment is less advisable in the city area, as developers have built too many flats and there is not enough demand for them, she explained.

Ms Williams said that the property market in Birmingham is strong in some of the suburbs within about a mile of the city centre.

Though top end property prices in Edgbaston are quite high, it is one of the greenest suburbs in Europe, she said.

She commented: "Everyone who can afford to aspires to live in Edgbaston because it's very leafy, the gardens are big, it's surrounded by private schools."

A recent report from Mintel revealed that around one million people in the UK are currently buy-to-let landlords, a figure which is set to double by 2010. The amount of new buy-to-let mortgage sales, meanwhile, is set to grow by 53 per cent by 2011.

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