Regeneration areas popular with BTL investors

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Regeneration areas are competing strongly with university towns and holiday destinations for the attention of buy-to-let investors, a survey commissioned by the Property Investor Show reveals.

The research claims 41% of buy-to-let investors are looking to invest in a regeneration area, and Gillingham has proved to be a particularly good regeneration growth area, with property prices growing almost 20% between 2005 and 2006. The area forms part of the Thames Gateway and Medway developments and has received almost £97m of government investment. Other regeneration areas with rapidly growing house prices include Peterborough, Grimsby and Middlesbrough. Government projects in these towns include building new offices to create more jobs, building retail parks and improving transport l...

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