Fabled home of the pirate Blackbeard, Bristol has been one of the most important trade cities in the United Kingdom for centuries. Straddling the River Avon and the Severn Estuary, Bristol’s fortune was found in its position on the coast of the Bristol Channel and links to the sea.
Decades of domination as a port led Bristol to become one of the largest cities in the region, which it remains to this day; though now relies on media, electronics and aerospace for its wealth.
Bristol owes most of its fame to its waterworks – the river, estuary and ports. Whilst its connection with the sea is still a big part of the cultural identity of the area, the main transport link in the 21st century is the confluence of the nationwide M5 and M4 motorway networks.
Both London and Birmingham can be reached within less than 2 hours, the Welsh capital of Cardiff in just 50 minutes. Bristol Airport is one of the largest in the UK outside of London, flying to international destinations across all continents. With three major train stations, Bristol can also be reached directly from most major rail stations.
With two universities based in the city, the population swells by almost 50,000 by students during term time, creating high demand for student property investment in Bristol. Owing to its heritage as a trade port, Bristol also has one of the most diverse demographics in the region – with a comparatively low majority of 77.9% of White British residents. The remainder is made up of 6.0% Black, 5.5% Asian and 3.6% Mixed Race.
The large number of students in the city, with its two major universities has meant that there is today a considerable demand for student property for sale in Bristol city centre. In recent years, there have been few new student developments in the central Bristol area, however there is strong and consistent demand at present. This only bodes well for investors looking student accommodation investments in Bristol in the near future.
For more information on any of our student property investments in Bristol, contact Hopwood House today.