UK Property Hotspots: Spotlight on Warrington

 

When looking to build, or renovate property for the buy-to-let market, location is everything. Choosing an up and coming location can mean that property can still be snapped up at a reasonable price and hold the promise of future gains for investors.

https://www.buyassociation.co.uk/2016/12/07/property-investment-qa-1-furnish-not-furnish/

Warrington, although it may not stand in the first instance, is everything the property industry is looking for in the search of new property hotspots. Whether you’re talking to developers or investors, the way – as well as where – property is being done is changing.

Developers and investors have earmarked Warrington as one of the most promising locations in the North West for several reasons. Here are our Top Three:

Location:

    Just a 20-minute train journey from both Manchester and Liverpool and regular 1hr 40 direct train to Liverpool. Property prices benefit from being within the exclusive county of Cheshire and Manchester airport is a short drive away.

Investment and Regeneration:

    The centre of town has already benefited from investment and has attracted big name restaurants and cafes which are located around the quirky covered market area. More funding has been pledged for the new Bridge Street development of the edge of town, circa £107 million will go towards the regeneration of Bridge street (On edge of town centre) and the creation of “Time Square” which will include a large Cineworld Cinema, several restaurants, a new market hall, new council offices and a large 1300 space multi-storey car park and a new civic square.

Business Park:

    Warrington is home to the Birchwood business park, which is home to 165 companies, blue chip to start up, with around 6000 employees. Approximately 3500 jobs in the town are associated with the growing nuclear energy sector and there are an estimated 700,000 people in senior positions living within a 30-minute commute of Warrington. Interestingly 17 HQ offices out of the North West’s top 100 companies are in Warrington – this is on a par with Liverpool.

https://www.buyassociation.co.uk/2016/11/28/invest-britains-hmo-property-sector-three-good-reasons/

Of course, there are plenty more reasons why Warrington is a great place to invest. And some developers, like the Heaton Group, have already recognised the area’s benefits and invested in two developments. Both of them are selling quickly and the Heaton Group are planning to continue their investment in the area in the near future.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800

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UK Property Hotspots: Spotlight on Warrington

UK Property Hotspots: Spotlight on Warrington

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