Due to the city's affordability and strong rental demand, Peterborough is a popular location for property investors, especially those looking to make their first investment, or those looking to take advantage of the city's location in the London commuter belt, only 48-minutes from London's King's Cross.
Property prices in the city have also increased by over 12% since 2020, and with industry experts Savills predicting further growth of 19.9% over the coming years, Peterborough is an investment opportunity not to be missed.
Peterborough is a growing city, with the second fastest population growth in the UK and an additional 15,000 expected to call it home by 2033. One of the key drivers in this growth, is the fact that Peterborough is home to some huge employers, including Amazon, NHS, Whirlpool UK and Coloplast, which in turn is driving demand across the housing market.
Since 2024, Peterborough has seen rents increase by over 10%, this is largely due to the huge supply and demand imbalance that exists in the city. With not enough homes to cater to the needs of the growing population, property prices and rents are both being driven up as demand increases.