It was found earlier in the year that average rental rates in the East Midlands had grown by 8.5 per cent from the previous year – the highest rise in the UK. A significant factor in this was Leicester’s contribution to the growth. With demand in the area also driving up asking prices, we’re asking what makes Leicester so special?
At the moment, and probably for many years to come, Leicester will be associated with the footballing achievements of last season (and rightly so). But for a city that is located right in the middle of England, Leicester offers so much more in the long-term.
Getting around Leicester is easy; it is one of the best-connected cities in the UK because of its location at the epicentre of the country’s road and rail networks. The rail station in the city centre links with surrounding residential towns, providing easy access to Market Harborough, Loughborough and South Wigston, as well as the city of Birmingham.
With great connectivity links, market towns like Market Harborough are highly desirable locations for commuters to London with trains taking an hour into the capital.
Leicester provides a wide range of activities and entertainment, all within a small radius. This means that there is a lot to do without having to travel far.
There are plenty of places to do your shopping in Leicester. The large Highcross centre offers big brand names, an assortment of restaurants and a 12-screen cinema. But if big brands don’t suit, the Haymarket Shopping Centre offers more affordable options and there is also Leicester Market – the largest outdoor covered market in Europe.
Leicester also boasts a selection of yearly festivals; religious, musical, cultural and community celebrations. These include Leicester Caribbean Carnival, Dave’s Comedy Festival and Leicester International Music Festival.
Fans of sport will find much to interest them in the city. Leicester City will now be the first to spring to mind, but their achievements shouldn’t overshadow the city’s other sporting powerhouses. Other prominent teams include Leicester Tigers, Leicester County Cricket Club, Leicester Lions Speedway and Leicester Racecourse.
Unbeknown to many, Leicester is also Britain’s first European Sustainable City and is also Britain’s first Environment City – offering plenty of green spaces. Popular parks include Victoria Park which regularly hosts events close to the city centre and Bradgate Park, an 840 acre deer park.
Leicester is home to a range of religions and cultures – one of the most diverse in the UK. The city holds the biggest Diwali celebrations outside India, and has more than 240 individual places of worship.
The discovery of King Richard III’s remains put Leicester on the international map. The remains that were found under a car park were subsequently placed in Leicester Cathedral, attracting visitors from across the globe.
Education also plays a large role in the city’s vibrancy. Two well-respected universities alongside a number of colleges mean that there is an abundance of students.
All of this, combined with the city’s affordable housing and reasonable living costs, makes it a suitable location for professionals, students and families alike. If you’re thinking of moving to the area, take a look at some of the current property available to buy or let in Leicester.