Six Reasons to Buy a House in Bristol
Bristol has been named as one of the 11 core cities in the UK. What these locations have in common is that they are central to the UK's regional economy and considered a crucial hub of cities and towns that support their joint financial wellbeing. Bristol’s population of 454,200 is projected to increase to 500,000 by 2027 and has shown a 4.5% population growth rate compared to 2.9% in the rest of the kingdom. This rise is due to a third more Londoners in the 30 to 50 age group choosing to relocate there and the influx of 6% additional foreigners.
Here are six excellent reasons why more and more people are opting to buy a home in Bristol.
The Bristol Economy
Bristol has a solid economy as one of the UK’s core cities. Its employment rates are excellent at 75.6% while it has an unemployment rate of 4.7%.
Average weekly wages sit at £454 a week.
As a property investment, houses are selling at a mean of £311,000 and outdoing sales in the rest of the UK for the past 20 years. Buying a property for rental income is also a sound decision backed by Bristol having the highest rental demand in the UK.
Businesses Investing In Bristol
Some of the big names that are investing in Bristol are the Aardman Animation Studio, Airbus, Ovo Energy, and Rolls-Royce. This is having a positive effect on home values while contributing to new employment opportunities.
Students tend to remain in this university town after graduating, providing an educated workforce that fuels further development and opportunities. Start-up businesses have a very encouraging 60% success rate.
Bristol is a Beautiful Location
Located between two counties, Somerset and Gloucestershire, to the south and north respectively, Bristol is popular with tourists and permanent residents alike. It is situated along the Avon river. The Severn Estuary provides its picturesque coastline and enters the Bristol Channel. The Avon Gorge flows beneath the Clifton Suspension Bridge, another well-known landmark erected in 1864.
Bristol also has a stunning Botanical garden that features orchids, cacti, and a lotus-flower section. Street shops in Boyce's Avenue, Clifton have been used in a few photoshoots and Cliftonwood boasts a row of much-filmed houses that are each painted in a different colour to contrast magnificently.
Waterfront views abound and the Harbourside area has been transformed into a striking modern neighbourhood packed with restaurants, bars, galleries, museums, retail shops, and sights that receive global attention.
Street Art in Bristol
As one of the many attractions in Bristol, its street art is famous across the UK. Graffiti and street art embellish multiple surfaces across the city. You can book a street art walking tour to see the incredible scope of street art that Bristol boasts. These works are constantly changing thanks to the work of over 200 artists dedicated to beautifying the streets of Bristol.
Stokes Croft is the site of a modern face that on closer inspection is made up of numerous Palaeolithic figures that cover two sides of a building not far from some of the city’s amazing architecture.
Bristol Culture
In addition to its street art, Bristol is famed for its music and clubbing scene, for which it received worldwide renown in 2009 when it made it to the top ten cities globally for young adult entertainment. Theatre is also big in Bristol. It has a rich history with multiple statues worth exploring the origins of and gorgeous gothic structures.
For sports lovers, the city offers football, rugby, and cricket. Those with a yen for the supernatural can enjoy its 14 most haunted sites.
An added attraction for many, and yet another accolade for Bristol, is that it is the vegan capital of the world.
Bristol was voted the best place in the UK to live. If you’re convinced by this introductory guide to Bristol culture from On The Dot Removals, why not relocate and make Bristol your permanent home?
Retail In Bristol
If you enjoy shopping (and who doesn’t), Bristol offers a greater selection than most bigger cities.
The Broadmead shopping sector in Bristol has been designed for a complete pedestrian experience. It has a combination of independent retailers and national shops with almost infinite variety. Wapping Wharf in Harbourside contains a street market for all your culinary needs.
The city has numerous large shopping centres so that you never have to travel far to satisfy your shopping muse.
Bristol is a city that competes easily with many modern cities around the world.
