Released on: January 31, 2008, 7:24 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: With so many investors in recent years looking at investing
in property in London and its surrounding commuter towns, or in the booming cities
of the north and midlands where blocks of apartments have been appearing by the
score.

Press Release Body: With so many investors in recent years looking at investing in
property in London and its surrounding commuter towns, or in the booming cities of
the north and midlands where blocks of apartments have been appearing by the score,
the south-west may perhaps have gained a little less attentions than it should.

This, at least, is the view of the Southwest Property Network, which represents a
range of property firms involved in the region. While the west country is well known
as a holiday destination and popular with second homes, there is more to it than
that, according to spokesman Rob McCabe.

He said: \"There are a lot of opportunities in the south-west and a diverse selection
of properties. You can get a cottage in the countryside or a waterfront apartment.
It\'s a popular place to be.\"

The appeal, he noted, was not just to the old and retiring either: \"The south-west
has good train links for people who work, which is important. There is a growing
community of new companies opening and expanding across the south-west, particularly
in Bristol.

With economic expansion may come jobs, but for those looking at investing in
buy-to-let it may be worth noting that the kind of people who come down to the west
country, according to Mr McCabe, are also there for the lifestyle.

He said: \"It\'s not only the property - and you can still buy a reasonably priced
property here, but it\'s the way of life which is the attraction,\" pointing to
countryside, forests and beaches as one aspect and noting that the most common
demographic is young families where the parents are in their 30s. Thus to serve this
market investors should be looking at family homes.

Mr McCabe described Bristol as one place with lots of variety, varying from £149,000
houses to £800,000 penthouses, while Exeter has also \"rocketed ahead\".

Recent figures from Halifax showed that a number of places had seen prices rise
substantially above the national average last year. Bath, for example, saw prices
increase by 17 per cent to leave the average house price in the Georgian City at
£313,558, the Bath Chronicle reports. But this was at the upper end of the range -
only Truro on Cornwall had higher prices - and the average for the region is much
less at £211,404.

Nor was Bath\'s inflation rate the highest. That title was also taken by a Cornish
location, with St Austell seeing 26 per cent inflation. But investors here could
again get good value, since the situation in the town may have a lot to do with the
building of 52 new apartments at the Sandy Hill development and the rejuvenation of
the town centre, homemove.co.uk reported.

Perhaps the most important Halifax statistics came from a different survey, however.
This showed last month that the south-west saw the greatest net migration (441,000)
of any English region. Investors may just find there is something good which is
making so many people go west.


In today\'s world Property investment is an excellent investment option especially
investment in UK

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