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Read about investmentsIn the last decade, the population of Cardiff has increased by 39,400.
According to Savills, there has been a consistent shortfall in housing delivery for the past five years. Delivery has averaged 490 homes per year, well short of the Local Plan target of 2,071 per year. 10 years ago, total housing stock was growing at a rate of 1.5%.
Cardiff is projected to see population growth of 25% by 2034, a rate of growth that exceeds all the other UK Core Cities and is even higher than London.
“The sector’s growth has been spurred by conditions in both the housing and labour markets. Younger workers are taking advantage of the increased flexibility of renting as a tenure which allows moving between locations without any of the costs associated with buying or selling a property. The Build-to-Rent (BTR) sector is undergoing stellar growth as a result. The size of the UK market is estimated to increase from £25bn in 2017 to £70bn by 2022.” – Savills 2019
One of our core company values is to make life easier to live. With Smart apartments at competitive prices, this is a mission of ours to deliver right in the heart of the city of Cardiff.
Adapting to this new way of living, we are aiming to revolutionise the way in which people live, making tedious tasks easier with the use of modern technology.
To register your interest in Baseworks, contact us today.
Cardiff is projected to see population growth of 25% by 2034, a rate of growth that exceeds all the other UK cities and is even higher than London.
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