The growth of inner city trendy apartments will soon outstrip demand as the people they appeal to cannot afford them, according to new research.

A survey by Yorkshire Building Society revealed nearly two-thirds of 16 to 21-year-olds would like to live in a newly built property in the city and 43 per cent want to be based in the inner-city.

However, of those more likely to afford to stay in these plush new places (over the age of 21) 52 per cent want to be based in the suburbs, preferably in a property with period features, and 32 per cent are searching for a semi-detached house.

People would rather become homeowners than rent because they feel like it is less of a waste of money and a good investment and many are looking for the added security that can come with having your own property.

"The trendy new build flat in the city could become a thing of the past," said Tanya Jackson from Yorkshire Building Society.

"The younger age group that aspire to live in this type of property is increasingly priced out of the market. The vast majority of older buyers would prefer to live further out in older properties with period features.

"This means that without help to first time buyers, the trendy new flats that are rising in all our cities' skylines may become less popular."