Property in Peterborough:

Concept:

At Progressive we passionately believe in providing you with a product that we use ourselves, that has been tried and tested again and again and again. In line with this we don’t offer overseas property from every destination under the sun.

We focus on existing property in the Peterborough area and do not deal in new build, off plan of overseas property. Click here to find out why: Existing Property

And focus is the key here. The more that we focus, the stronger we become at our game. Many of the best investors and businessmen in the world like Donald Trump and Warren Buffet have built their multi billion dollar empires on focus, knowledge, understanding and experience.

We are currently solely focusing on Peterborough in the Progressive model as the area in which we invest, both for you and ourselves. We have learned this through action and experience and every single one of our properties based here has consistently outperformed properties we have had access to in other areas of this country and abroad.

Why? Our business is based here, we live here, our contacts, knowledge and experience are here and we believe there is no substitute for local knowledge. It is this that allows us to outperform other investors.

To view some specific examples and video walk-throughs of the types of property that we find for you click here [coming soon]

Both Mark and Rob have lived in Peterborough most of their lives and have a great understanding of the city.

Peterborough:

There are also a number of compelling investment reasons for buying property in the Peterborough area, one of which is the huge investment which is currently taking place. The city is to be regenerated starting in 2007, where £1 Billion will be invested.

This includes plans for the creation of 18,000 new jobs in the city along with a new city centre and shopping centre and 22,000 new jobs.

See the details here: Peterborough Masterplan

Peterborough is the cheapest place within 75 miles of London to buy property with gross yields of up to 7%. It is already a Major London Commuter zone and with house prices in London shooting up there is increased demand for homes in Peterborough.

Many people living in London are selling up and moving to Peterborough, where they can get an equivalent property at up to 50% less and enjoy a cheaper cost of living. The GNER high speed train Link to Kings Cross currently takes barely 50 minutes and will connect the city with Paris in the future with the advent of a new station and line upgrade.

There is a huge influx of migrants coming both to the UK and to Peterborough. Most cannot afford to buy property and most make great tenants. Increasing divorce rates and growing family units generic to the UK increase demand for rental properties.

The average property Price in Peterborough is: £162,135 [click for source]

Compared to the average London Price: £351,028 [click for source]

If you think you might have equity in your property click Sitting on an Asset?