Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
Peterborough is one of the UK’s fastest growing cities in terms of the economy, population. and has excellent transport links to London and Cambridge. Yields of 7% are currently achievable due to insufficient rental stock to meet demand.
There are also strong capital appreciation predictions as the city is currently in year 8 of a 15-year £1billion regeneration program and is a major player in the “London – Stansted – Cambridge – Peterborough” corridor, a priority growth area as defined by CLG. Since embarking on the redevelopment program Peterborough has seen a lot of major businesses relocate to the city, and has seen a 373% increase in the number of jobs offered.
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