Essex is a perfect destination to invest your hard-earned money in the UK. From postcard-style villages and atmospheric towns to a stunning coastline and beautiful countryside, the county has it all.
Due to its diverse landscape, Essex is proving increasingly popular with homebuyers and business owners. Therefore, it is the perfect place to invest in property, companies, or development. Of course, like any county, not every area is created equal. Make an informed choice by checking out the best towns in Essex to invest in.
Basildon
Basildon should be at the top of each investor’s list for various reasons. First, as it is one of the largest towns in the county, Basildon has a large population of more than 100,000 residents, and it is classed as a major commercial and light industrial town.
There has been an increase in demand for quality housing in recent years, which is why Basildon is the perfect town for investing in property. In addition, as it’s close to the M25 London Orbital Motorway, it is a prime spot for hardworking professionals working in the capital.
Of course, investing in property is a decision you shouldn’t rush. Purchasing a house, apartment, or another building is a big financial decision, and you must avoid potential mistakes that could drain your bank balance. So don’t put a foot wrong by turning to Asset Academy to learn how to become an excellent property investor.
Brentwood
If Basildon doesn’t tick every box on your list, Brentwood might. Located on the edge of Greater London and a stone’s throw away from the M25, it offers fantastic links to the Big Smoke and many southeast towns.
Also, thanks to the Elizabeth Line/Crossrail, commuters can reach the capital within 20 minutes on trains that arrive every five minutes during peak times. As a result, the town is an attractive option for ambitious professionals with high-paying careers.
Due to the exceptional transport links and desirable backdrop, property prices are higher than average compared with other Essex towns, which could provide a greater return on your investment in the future.
Chelmsford
Since receiving city status in 2012, Chelmsford has grown from strength to strength. Due to its fast-growing population, there is an increased demand for properties to buy or rent. As the property market is growing, it is estimated Chelmsford’s population will increase from 170,000 to approximately 197,500 by 2036.
Also, it is an attractive destination for aspirational professionals, as its key employers are in financial services, technology, and science. As it offers quick transport links to and from London, the city attracts many commuters from the capital.
Colchester
Colchester is an ideal destination for investment. It offers many historical attractions for visitors to explore due to its 2,000-year history, including Colchester Castle and Zoo, Castle Park, and Hollytree’s Museum.
The thriving town is a perfect destination for those looking to settle down in Essex, as it offers a growing property market and many jobs in public sectors, such as hospitals, the University of Essex, the Army, and the local authority.