Nottingham, the county capital of Nottinghamshire, is in the East Midlands of England. It’s home to a thriving independent art scene, busy pubs and restaurants, boutique and high street shops, three main football clubs, a world-famous cricket ground, a magnificent castle and of course… the legend of folk hero Robin Hood. The regional economy was traditionally based on industries such as coal mining in the Leen Valley, and manufacturing. Since the invention of the knitting frame by local William Lee, the county, in particular Nottingham, became synonymous with the lace industry. But nowadays, the main industries are future-focused ones like financial technology, commercial services, logistics, advanced manufacturing, bioengineering and life sciences. Former Bank of England Governor Mark Carney has previously said that Nottingham is a “bellwether for the UK economy”
 
Property prices
But you’re here to know about property, right? So, what you really need to know is that Nottingham property offers some of the cheapest homes of any British city as well as some of the best return potential for buy to let investors.  Only three other major cities - Liverpool, Sheffield and Newcastle - have lower property values. The average price of £151,800 across the area as a whole represents a 5.2% rise over the year or 42.5% over the last decade.
 
Demand for property
Nottingham is home to two universities, resulting in a considerable student property market. The University of Nottingham has 32,000 students and Nottingham Trent University has 25,000. In addition, there’s the Queen’s Medical Centre. QMC is a regional ’super hospital’ and the largest teaching hospital in the UK. More than 6,000 people work there, creating a massive demand for rental homes. As well as this, there are new ‘zones’ being created to attract further investment into the city. These include the Creative Quarter and the Boots’ Enterprise Zone, both of which have brought more funding, jobs and wealth to the vibrant city.
 
Travel links
Nottingham Express Transit (NET) is your direct connection to shopping, leisure and tourist attractions in Nottingham and the surrounding areas. Running from every seven minutes, the trams provide a quick and easy way to get across Nottingham, with five stops in the city centre, including Nottingham Station. They travel as far as Hucknall and Clifton, and serve seven park and rides with 5,000 free parking spaces. Property experts tip anywhere on the future HS2 network as good for house prices. Nottingham’s HS2 station will be at Toton on the Birmingham-to-Leeds section of the line. Currently, It takes an average of 2h 7m to travel from Nottingham to London by train, over a distance of around 108 miles. There are normally 45 trains per day travelling and tickets for this journey start from £16.81 when you book in advance.