Great Yarmouth is becoming an increasingly popular location for property investment as the new harbour development raises the profile of the town, one estate agent has said.

The Outer Harbour scheme is indicative of the scale of redevelopment that has taken place in the area over the past few years, according to Charles Bycroft & Co.

A high level of demand from area which features a significant immigrant population sits alongside such high levels of capital expenditure, the firm added.

“[The buy-to-let market] is fairly strong. There’s quite a high level of immigrants in the town centre, in terms of Portuguese and Eastern Europeans who have come to work in the area, who have made that part of the town their own in some ways,” said Charles Bycroft & Co manager Chris Fielding.

“It’s been noticeable that investment people have been looking at Great Yarmouth as a growing area with the Outer Harbour Scheme being put into practice,” Mr Fielding added.

source: www.hotproperty.co.uk