Why invest in Middlesbrough?
Middlesbrough has always been a place where innovation thrives, recently named one of the ‘Top 10 Small Cities in Europe’ by the Financial Times for its strategy to attract foreign direct investment, it is a place with forward-thinking people and a diverse cluster of innovative companies. The Digital City development in the heart of Middleborough is a £250million project that aims to establish and expand the city reputation as the UK’s leader for digital innovation, augmented reality (AR), gaming, and animation. The plans include building the three highest office and residential towers for 30 miles, as part of an initial £45m phase of the project that will transform Teesside’s skyline. Construction is well underway and Digital City will create an extra 1,000 new jobs initially, rising to 2,000 jobs in future phases. Over the next 2-3 years Middlesbrough’s railway station will undergo a £35m transformation project to regenerate the station and its amenities, as well as improving a number of train services to the area including a direct route to London.
Deltic House is positioned 20m from the Railway Station and 400m from Digital City making it perfectly located to benefit from the inevitable capital appreciation and increased rental prices that will come along with these projects. Middlesbrough boasts two postcodes which rank among the top 25 UK rental yields with TS1 showing over 9.45% and TS3 showing over 7.66%