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Warrington is home to a range of attractions including the Warrington Museum & Art Gallery which displays artefacts from around the globe. What makes Warrington stand out is its reputation and high standard of transport links, nightlife and commercial areas.
Warrington had a strong industrial past but is now more recognised for its commercial areas which present a great opportunity for new and expanding businesses. In a recent study, Warrington came 1st for the best place to live and work in the UK, beating 180 other large towns and cities across the UK. Warrington’s cost of living, job density and transport connections helped claim this top spot.
Warrington New City is a development plan in place and sets out that by 2040 Warrington will have transformed into a self-sustaining city and a place where everyone can benefit from its economic success. By 2040, 27,000 new homes will have been constructed, over 12,500 new homes on brownfield land and over 31,000 new jobs will have been created.
Manchester has long been a city on the rise and Warrington has experienced a similar success. Warrington is one of the most productive towns in the North-West with wages on par with surrounding areas, Liverpool and Manchester.
One of the factors affecting Warrington’s fast growth is its highly accessible location and transport links by train and road. Warrington’s schools are also highly acclaimed and many have either a good or outstanding inspection rating, along with a high quality of living and great transport connections, this is a strong attraction for families to settle in Warrington.
In 2020, Warrington was voted the best place in the North West for business start-ups and second best in the UK. Purchasing property in this area allows for tenants to have the option to stay and work locally or use one of the many easily accessible transport links into surrounding areas such as Liverpool and Manchester.
Warrington offers rental yields of up to 5.7%, however this can vary depending on the area and type of property purchased. Sold prices in Warrington were up 3.18% on the previous year and over the last ten years sold prices in Warrington have risen by just over 46%.
Average property prices of £247,655 (October 2021, Zoopla)
House prices up 3.18% in last 12 months
Average flat price of £143,116
Warrington’s average property price of £247,655 stands higher than the average house price for the North West, this currently stands at £173,617.
Data supplied by Zoopla over the last 12 months shows that several property prices have increased. Detached properties have risen by 2.92%, semi-detached 2.85% and flats have had the highest value change of 3.75%.
When compared to both Liverpool and Manchester, Warrington has had the greater value changes over the last 12 months. This can provide confidence and security to families and business owners looking to move to an area with future opportunities.
Warrington offers residents and tourists access to green spaces including the famous Walton Hall and Gardens which is the top rated attraction in Warrington, a range of recreation grounds are also available for hire. Warrington Market is a high rated attraction and is home to over 50 stores, selling a range of food, gifts, goods and services. This is a state-of-the-art facility and is right in the heart of Warrington Town Centre with easy access to local car parks and train stations.
For those who enjoy a look at history from around the world, Warrington Museum & Art Gallery attracts many tourists into the area. Originally opened in 1848, Warrington Museum is one of the oldest museums in the UK and much of the character of the building has still been preserved to this day.
Warrington is also home to Warrington Town FC and Rugby Super League, Warrington Wolves.
Warrington is conveniently located between Liverpool and Manchester and is surrounded by three major motorways, the M6, M56 and M62 providing easy access by car. Buses and trains often run between the cities, providing easy travel for local residents and tourists. Liverpool John Lennon airport and Manchester airport are both just a 27 minute drive away.
Warrington New City is a regeneration project taking place over the new couple of decades. The plans in place are focused on making Warrington a self-sustaining city by 2040 while attracting new investment and business in the area. The project also includes plans for 20,000 accelerated and additional homes, over 6,000 affordable homes and a new 3.8 million sq. ft business floorspace.
Warrington is one of the first towns to have received Town Deal Funding from the government to utilise vacant spaces with the aim to restore the town centre. Funding was also invested in environmentally friendly public transport, pedestrian areas and green spaces. A total of £22.1 million was received for this regeneration project.
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel:0161 337 3890.
We look forward to hearing from you!
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