Property market booms in Warrington
An annual report has shown significant growth and regeneration to the property market in Warrington over the last 12 months.
Research from Warrington & Co has highlighted strong market activity for 2015, particularly within the residential and commercial property sector. Last year saw a high level of construction, investment and development which has led to an increase in confidence for the local economy.
Already recognised as a key location for investment and new business, this latest report will continue to boost Warrington’s reputation. Employment and job creation in the town has also seen a surge, with future business relocations expecting to create an extra 4,500 jobs in the next year - a factor which will have an effect on the demand for rental property from tenants.
The Northern Powerhouse vision also seems to be having an affect on the area, with more people than ever flocking to relocate to Warrington. Statistics have shown that approximately 704 new homes were completed in the town during 2015, with many of these classed as “affordable homes”, increasing the town’s economic prosperity.
What does sequre have to say?
Graham Davidson, managing director of Sequre Property Investment, comments: –
“As a town located in between two major UK cities, Warrington has done remarkably well to gain attention as a key area for investment. Currently undergoing some major regeneration, the town’s success is as a result of its stellar location as a commuter town into both Manchester and Liverpool. A thriving place in its own right, Warrington is now firmly on the map as an area that many are actively choosing to live, resulting in it being a firm hotspot for buy to let.”
“The future continues to look bright for Warrington too. With the Northern Powerhouse initiative designed specifically for areas in the North like Warrington, Preston and Liverpool, government investment will be strong and these locations will continue to be popular with tenants and investors alike. Now is a great time to invest in an affordable location with huge scope for capital growth.”
To find out more about buy to let opportunities in Warrington, contact Sequre today. We have relationships with developers, house-builders, bank and receivers which ensures that our clients have access to off-market deals at an exclusive discounted price. We also work with mortgage brokers who can find you the best deal on the market, whatever your financial needs may be. To find out more, call us on 0800 011 2277.