Tucked away in the Yorkshire countryside, Huddersfield is a large, prosperous town with a lot of small-town charm. But despite all it has to offer residents, visitors and investors, it’s probably not the first place you’d think of when looking for an exciting place to move to or invest in. Making it a bit of a hidden gem. We think it’s a great choice for your next property investment, and here’s why.
Great for Students
Students come from far and wide to study in Huddersfield, and it’s not hard to see why. There are four higher education institutes in the town, the two main ones being the University of Huddersfield and Kirklees College.
The award-winning University of Huddersfield is a big draw, with its great reputation, growing focus on research and wide variety of subjects on offer. Meanwhile Kirklees College, with its new £74 million Waterfront campus, has a range of higher education options available to students, from apprenticeships to degree level courses.
In terms of time outside of class, students have everything they could want in Huddersfield. Between the vibrant live music scene and nightlife, the wide range of sports clubs, the peaceful countryside and the major shopping centres of Manchester and Leeds only short train rides away, there’s plenty to keep them occupied.
Currently there is a shortage of good quality, purpose built student accommodation. But this is one area that is seeing a lot of attention from developers. New projects like our Kingfisher Court development aim to plug this gap and offer an excellent opportunity to investors.
Growing local Economy
The university may be the largest local employer, but Huddersfield benefits from a varied job market. The town has translated its long industrial history into a modern, manufacturing hub, with goods from textiles to chemicals to electronic components being produced. Companies such as Mamas and Papas, the popular baby products brand, are based there.
There is also a growing creative sector and with all the regeneration taking place jobs in the construction industry are plentiful. This resilient job market has helped contribute to Huddersfield having an economy worth £5.75 billion, one of the largest economies in the Leeds City Region, with further growth predicted. Over the next 10 years it is projected to increase by a whopping 37 per cent.
God’s Own Country
If the beauty of the natural world is your thing, then you’re in luck here! The stunning countryside around Huddersfield is a perfect example of why many call the county of Yorkshire ‘God’s Own Country’. The Peak District National Park is virtually on the town’s doorstep, offering visitors and residents some of the most picturesque walking, hiking and picnicking options in the country.
Being surrounded by vast amounts of greenery and the glory of nature helps the pace of life in the town remain relaxed and cosy. There is also a good amount of traditional architecture mixed in with the newer developments, giving the town a classic villagey feel.
‘Giant’ Sporting Presence
Huddersfield isn’t just home to the Huddersfield Giants rugby team, the top team out of the town’s three clubs. It is literally the home of Rugby League. Indeed, the sport was invented in the town in 1895. Championship football team Huddersfield Town FC share the John Smiths Stadium with the Giants.
The area around the stadium is set to see a massive £100 million regeneration project to create the impressive HD One leisure complex, which will include an outdoor ski slope, two nightclubs, a casino and bingo hall, a music venue, a pool hall and a 10-pin bowling alley. Teams for hockey and Aussie Rules football can also be found in the town. And the Tour de France even passed through during the second stage of its 2014 race!
Go-to Property Hotspot
Huddersfield has so many benefits for residents and investors, it’s hardly surprising it’s gaining a reputation as a property hotspot. There’s a good amount of opportunities in a diverse job market for local residents. It also sits nicely between Manchester and Leeds, with strong rail and road links to various part of the North, making it a good commuter town too.The train station, an architectural gem in itself, will soon be getting an £500,000 upgrade and sits in award-winning St. Georges Square, which recently experienced its own £4 million regeneration.
But, as you can see above, there’s also a lot on offer in terms of leisure. Between the gorgeous countryside, the buzzing cultural scene and the variety of spots available to watch and play, residents are spoilt for choice. When you add to that the affordable property prices, which are reasonably low compared to average prices for England (and well below those in London), it’s a win-win for people looking to live or invest in Huddersfield.
If you enjoyed this article and are thinking of investing in Huddersfield, then you might find A Guide to Investing in Property in Huddersfield useful also.