Introduction to Digbeth
Located in the South-East of Birmingham, Digbeth is an extension of the city core and is the heart of the creative and digital community in Birmingham. Already a hub for digital, creative and entrepreneurial activity, Digbeth is a melting pot of inspirational businesses, events, TV/Video studios, and highly sought-after digital talent, all adding to the unique culture of the area. With the arrival of HS2, over-ground Metro lines, inward investment, and planned regeneration the Creative Quarter is set to boom against a unique backdrop of urban, fashionable culture and advanced regeneration.
Birmingham’s oldest pub is in Digbeth – built in 1368
Key Stats in Digbeth
For your next property investment
In the past 3 years Digbeth has seen a grown of 13% on asking prices
The population expected to grow to 1.34 million by 2020 in Birmingham
Smithfield development value delivering 300,000sq.m of new retail and commercial space
Is Digbeth a good place to invest?
While Birmingham continues to perform alongside UK property growth and rental yields, demand for rental property in Digbeth is increasing and fast emerging as an investment hotspot within this regional core. Digbeth has everything to offer including total connectivity, a young professional community, walking distance to the commercial and business hub in the city and home to incredible growth opportunities.
Avg property prices:
|Studio||1 bed||2 bed||3 bed|
|Share of the market5||7%||39%||49%||6%|
Where is Digbeth located?
LEISURE & SHOPPING
COMMERCIAL & KEY DEVELOPMENTS
TRANSPORT AND TRAVEL
A Place of Culture – Deciding where to buy in Birmingham
Digbeth takes Number 1 spot
As one of the most diverse cities in the UK, Birmingham has an outstanding cultural offering, with world-class facilities, a renowned arts programme and thriving dining scene. Home to the Symphony Hall, the Hippodrome and Birmingham REP, Birmingham also hosts the Birmingham Royal Ballet and Birmingham Symphony Orchestra, just two examples of an extensive cultural landscape that makes up the second city.
While there are plenty of investment opportunities in Birmingham, Digbeth is predicted as the top area for capital gains, buoyed by the local economy, employment market and emerging development. With property prices having increased by 401% over the last 20 years, there’s clear evidence that this is a neighbourhood on the rise.
The main driver of this growth is the regeneration Digbeth is experiencing. Places such as Digbeth are building brand new amenities, accommodation and commercial spaces, encouraging property price increases. When this level of development is combined with Digbeth’s world-class transport links, it’s easy to see how this up-and-coming market is driving incredible growth and attracting both renters and investors.
Key projects in Digbeth
Birmingham Smithfield: With and investment value of over £1.5 billion, delivering 300,000sq.m of new retail and commercial space including 2,000 new homes. The new development includes new vibrant retail markets, family spaces, cultural buildings, new transport infrastructure and publics squares.
HS2: Covering the area that will house the HS2 Curzon Street station in Birmingham city centre, along with £724m million in investment into the surrounding area. The masterplan envisages the creation of 36,000 new jobs. 4,000 new homes and 600,000 square metres of commercial development. Connection Birmingham to London with a 45-minute commute, along with other key locations including Manchester and Leeds.
Paradise & Arena Central: Paradise is one of Birmingham’s most significant development in a generation, this £700 million project will introduce 1.8 million sq.ft of new, grade A office space, retail, leisure and a circa 250 bedroom hotel into the city centre attracting even more visitors and events. Arena Central, situated next door to the Paradise, the ICC and the Mailbox will expand on Birmingham’s already thriving financial and professional hub. Already home to HSBC HQ and home to an est. 3,600 staff. Both Paradise and Arena Central have created a new vibrant district for the city.