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.
So why is Warrington one of the most promising investment locations in the North West?
Just a 20-minute train journey from both Manchester and Liverpool, a regular 1hr 40 direct train to Liverpool and Manchester airport is a short drive away. Property prices benefit from being within the exclusive county of Cheshire
- 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, a large 1300 space multi-storey car park and new civic square
- Business Park
Warrington is home to the Birchwood business park which is home to 165 companies, including Blue chips and start ups, with a total of 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 Wests top 100 companies are in Warrington – this is on a par with Liverpool.
With both of our Warrington developments receiving a high level of enquiries and selling quickly, it is certainly a location the Heaton Group will look to invest in going forwards – Would you invest in Warrington in the future?
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