Property Investment Carlisle

Carlisle has a certain rugged charm that’s hard not to like. It’s authentic and proud, good-looking rather than pretty, and always up for a good time. The old buildings are a bit rough around the edges and honour the city’s past as a place fought over by warring nations for centuries. That said, Carlisle has stepped firmly into the 21st century with great restaurants, good nightlife, top schools and desirable property. Carlisle boasts a stable property market. Some property prices have increased in the Lake District but the further north you go, the less prices fluctuate. As a result, more homebuyers and property developers are interested in buying property in Carlisle – be it for personal use, buy-to-let or business purposes. This means more people are looking for peer to peer bridging loans, creating an additional boost for property investment in Carlisle. Let’s take a closer look at why Carlisle’s property investment market is attracting so much interest – and how you can reap the rewards. .

Why is Carlisle so great for property?

Don’t let Carlisle’s northern extremities fool you. It’s incredibly well-located and accessible off the M6 at three major junctions. What’s more, the A74 and A7 both take you straight up into Scotland, while the A69 provides easy access to Newcastle and the North East. If driving isn’t your thing, Carlisle boasts excellent rail links to London, Glasgow and the North East on the West Coast mainline. Given its accessibility by road and rail, it’s no surprise that the city is home to a diverse and successful range of businesses, including many international brands. The local economy continues to outperform the national average with a steady growth rate of 4.1% since 2009. Employment levels are high with health, retail and manufacturing sectors providing most of the jobs. With regards to tourism, Hadrian’s Wall, Carlisle Castle and the city’s proximity to the Lake District are all major drawcards for visitors. This gives Carlisle a truly welcoming and international personality, as well as a busy hospitality industry that adds to an already strong local economy. The city is a property developer’s dream; opportunities exist for industrial development on the city outskirts as well as housing and shop renovations within the city centre. Given its many attributes, it’s really no surprise that property investment in Carlisle is appealing to a growing number of potential property developers and homeowners – many of whom will need bridging loans. “Carlisle may be a bit of a rough diamond, but it knows its own value – and so do a growing number of homeowners and property developers”, says Frazer Fearnhead, CEO and founder of The House Crowd. “This means the area is ripe for property investors who can now access many more opportunities via peer to peer loans”. Alternative finance solutions make property investment a viable option for a wider range of investors. They can band together to fund a single property, a large property development, or even a loan for someone. This turns unaffordable or out-of-reach properties into accessible investments with the potential to deliver reliable returns.

Invest through The House Crowd

The UK housing market is practically impenetrable. The price of properties prohibits many from investing in property, and buy-to-let is in decline. At The House Crowd, we combine peer to peer lending with property development, opening up lucrative alternative investment options. The House Crowd boasts an average return rate of 9.2% per annum (this was the average net return paid out to investors on peer to peer loans from 2015 to 2018). The team is quick, efficient and professional. Each and every loan application is scrutinised carefully to ensure 100% compliance in line with the borrower’s needs. Loans are also secured against the underlying value of the property so that investors are protected, should a borrower default. If you’re interested in Carlisle’s property investment market, you might also want to check out our other property investment opportunities in Manchester, Liverpool and other prime locations throughout the Northwest. If you’d like to know more about property investment in Carlisle, give us a shout and we’ll get back to you.