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  • Buy-to-Let

    BTL in Warrington - what do you think?

    Feel free to, I have nothing to sell or gain from it, just happy to help someone else out! The new Time Square development in the centre of town is close to Latchford so should have an impact on the price of houses there, the council seems to be actively trying to improve the area:

    https://www.warringtonguardian.co.uk/new...velopment/

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    It's much appreciated and thanks for sharing that - I'm definitely going to keep an eye on Latchford!

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    I have lived in Warrington for 17 years. Nebaconeza's  detailed  information and advice is Really good and accurate. It appears he has been one of my neighbours for the last ten years as I live right by him ( or did until recently ).

    The majority of areas in Warrington have been slow in bouncing back after the 2007/2008 correction compared to down South. Apart from Stockton Heath, Grappenhall and Appleton most area prices are just about reaching the 2008  levels now, so Capital growth won't be amazing.

    I am am just about to hopefully start buying a few BTL in and around Warrington myself, but  I am leaning towards Runcorn as the place to start. Runcorn and Widnes are the neighbouring Town's. Runcorn is pretty small compared to Warrington with very few affluent areas, in fact it is has large ares of social housing. However I believe it is on the up. I carefully watch the market in both areas and can tell you just lately the bottom end of the Runcorn market is very active. Property starts at about 70 to 80k at the bottom and from what I can tell these get snapped up with in days lately. This might be due to the long awaited new bridge, the Mersey Gateway improving the area. 

    It makes commuting from Runcorn to other parts of the Northwest much easier.

    My advice would be to consider investing here as well as looking at Warrington.


    Tom.


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    That's interesting - thanks. I have had some concerns about capital growth in Warrington, but obviously need to get to know the market there better. Cheers also for the useful tip about Runcorn. I know someone who lives in Widnes - is that less on your radar for BTLs than Runcorn itself?


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    I moved to Runcorn with my family at the age of 7 from Liverpool. You had to travel through the edge of Widnes when going back and to, visiting relatives. It used to smell really bad all the time. Widnes used to have granox factories rendering down bones for glue i believe and i can still remember the smell to this day, so i do look at houses in Widnes but dont ever consider them. Irrational really i guess. Widnes has a good varied housing stock but can't bring myself to consider investing there.


    Tom

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    Ha - how interesting! I'm guessing there aren't still bone/glue factories and smells now?! Ideal to have local and personal connection to an area. Good luck with your investments in Runcorn!

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