5 reasons why Crewe is great for property investment

Why Crewe is one of best places to invest in property

Did you know that Crewe is one of the fastest-growing towns in the UK? With plenty of new regeneration schemes and HS2 projects in the pipeline, it’s no wonder why so many people are considering investing in property in Crewe and have chosen it as the best investment area. Whether you’re looking for the best places to invest in property, or reasons to invest in Crewe, there are plenty of Crewe hotspots with plenty of potentials. From capital growth opportunities to good rental yield as a BTL landlord, find out why Crewe is a great place to invest in property.

Great Capital growth in Crewe with Above-Average Buyers’ Demand.

One of the key benefits of investing in property in Crewe is ongoing capital growth and the potential for even further growth. According to a recent study in December 2022 by?Hometrack?(Right), postcodes where Crewe is located (CW) is among the highest demand in the UK with a rate of 43.7%.

So why is Crewe one of the best places to invest in UK property? Well, one of the reasons is that it’s home to some of the highest average rental yields and buyer demands in the UK, as well as many regeneration schemes, HS2 phase 1 and Network North project that will contribute further to capital growth.

The town has seen significant local investment in recent years, with major regeneration projects underway, including the existing rail network. As seen in the recently published ‘Levelling Up’ Campaign by the government, The high-speed rail link will connect London to Birmingham which as a consequence will also provide further connectivity from Crewe to London, including Network North project improving Crewe’s connectivity as well as several major cities of the UK. This is making it an even more desirable location for businesses and residents alike. In addition, its excellent rail links and close proximity to cities like Manchester and Birmingham make it an attractive destination for renters and businesses. With all these factors in mind, In particular with the new investments coming up, it’s easy to see why Crewe is a great place to invest in property for long-term growth. Just make sure that you don’t ‘miss the train’ to get into the property market here!

Good Rental Yield & Strategies in Crewe

In addition to capital growth, Crewe also offers attractive rental yields. Investors can expect to see a healthy return on their investment. This is due to its growing population and consequently an ongoing strong demand for rental properties.

When it comes to investment strategies, there is a range of options available in Crewe. From buy-to-let properties to commercial investments, there are opportunities to suit a range of investment goals and budgets.

In addition, Crewe has opportunities for a great rental yield of 5-6%+ for buy-to-let investments and with a considerably higher yield for other rental strategies such as Serviced Accommodation which is attractive for investors who are looking for a reliable return on their investments. Its existing connectivity makes it an ideal location for other rental strategies for commuters and businesses alike looking to connect with other major cities in the UK.

As indicated in the previous report above, Crewe is registering above-average demand. The same is reflected in a very strong rental market where people choose to live in Crewe while working in the surrounding towns & cities.

Additionally, local regeneration schemes will further enhance Crewe’s attractiveness as a place to invest and contribute to capital growth. All these factors make Crewe a great place to invest and it is one of the best cities to invest in UK property right now. We will explore this more.

Network North Project & Crewe’s existing Rail Network ‘Hub’.

How will the Network North benefit Crewe? The High-Speed Train is not coming to Crewe after all, at least not for sometime. Yet, Crewe already serves as a significant junction within the rail network, and Network Rail is in the process of exploring development alternatives. While it would be such good news to have the HS2 coming through Crewe as it’s Midland Hub (Phase 2a), the existing HS2 Phase 1 to Birmingham and further improvement to the rail network to Crewe is still very good news.

Crewe is situated in a prime location with a growing population and the Government plan is to accommodate its anticipated future increase due to HS2 and the Network North recently published by the Goverment. There is a growing local population, which is expected to increase when existing projects come to fruition.

The HS2 Project, the Phase 1 of HS2 and Network North is estimated to bring substantial economic growth into the area that will boost house prices significantly. The implementation of the first phase of HS2 will create a new high speed train between Old Oak Common and/or Euston and Birmingham Interchange, extending to central Birmingham and Handsacre, near Lichfield. At such point, HS2 trains will integrate with the West Coast Main Line, enabling journeys all the way up to Manchester, Liverpool, and Scotland. This will also increase commuting from Crewe into major cities including London, potentially rising salaries considerably and balancing the wealth into the midland. Currently, less disposable income than one might think is spent in Crewe and this ‘leakage’ will be put back into the town as it grows.?

With the HS2 project coming to fruition together with existing infrastructure developments, the local economy is growing and so are the rental yields. As indicated above, rental yields are already strong with an average of 5-6% yield for BTL investment properties.

Developing Rail Networks are essential for ensuring that there are new business opportunities in the future. These also help stimulate the local job market and facilitate local investment years before the construction process even begins. As it would be expected, Crewe is not only going to be the only city that will benefit from this. The goverment will also allocate an unparalleled ￡1 billion to finance the electrification of the North Wales Main Line, thereby making parts of North Wales accessible within an hour from Manchester. This would ensure more timely and dependable travel on the 126-mile journey between Crewe, Warrington, Chester, Llandudno including Holyhead, where ferries operate to Dublin. On the another hand, Stoke on Trent city is estimated to grow its economy and goverment will also reestablish the Oswestry-Gobowen line, introducing a new station at Park Hall; construct a new station at Meir (Stoke) along the current Crewe-Derby line; and reactivate the unused Barrow Hill and Stoke-Leek lines.

Crewe already has an Excellent Connectivity and Existing Rail Infrastructure

With the HS2 and Network North projects, Crewe would help provide a 360-degree connectivity, but it already acts as a major interchange on the rail network. Seen with a simple google map search, Crewe Train Station has a major infrastructure with six rail links to all corners of the UK. Network Rail is working on developing options for a Crewe Hub, but one of the key advantages of investing in Crewe is its excellent connectivity and infrastructure. The town has a well-developed road network, with major cities like Liverpool, Manchester and Birmingham all just an hour away by car. This makes it easy for prospective tenants to travel to and from their workplaces or universities without any hassle.

Regeneration Schemes & Economic development plans?

Crewe town centre has made a major turning point. The UK government is planning a number of regeneration schemes. ￡23 million will be used to help redevelop and upgrade the town centre, including the potential construction of a brand-new ‘high street’.

The local council has plans for economic development over the next few years which will benefit both current and future property investors in Crewe.

Crewe is a place in the UK that can genuinely offer businesses and investors opportunities for a perfect combination of affordable values, significant connectivity, attractive settings and extremely. positive expectations for the future. There is a growing number of people choosing to relocate to Crewe due to its connectivity.

This is not to mention the HS1 and existing Rail Network located slap-bang in the heart of Crewe. It is without a doubt that Crewe excelent rail conenctivity which will continue to offer huge benefits. Having said that, it is already spearheading ￡180 million of investment and redevelopment locally. For example, The Market Hall reopened in 2021, and remodelled as a commercial and social centre, while a development scheme has been approved for a new Royal Arcade, including shops, restaurants, and a movie theatre, which will serve a new bus station. There is a high commitment to becoming a Market Leader in Renewable Energy.

Good Quality of Life: Demographics & Employment

Crewe is a thriving town in Cheshire. As far as quality of life goes, there is plenty on offer in Crewe. With many shopping centres, leisure centres and parks available nearby, residents can enjoy a peaceful lifestyle away from all the hustle and bustle of major cities. Plus, with some fantastic restaurants scattered throughout the town centre, as well as cultural events such as theatre performances taking

place at the local Lyceum Theatre throughout the year – there’s something for everyone to enjoy.

With the?Mini-Holland schemes, the streets of Crewe could potentially be changed to a ‘mini-holland’. This has already been carried out in some other parts of London Boroughs such as Waltham Forrest & Enfield. This project which would be funded by the Government, is called the Mini-Holland project due to the perceived attractiveness and more environment cycle-friendly nature of streets as in Holland, with more people walking and using public transport.

As part of its partnership with Apollo Hospitals Group, the University of Buckingham signed a landmark agreement to open a new healthcare campus in Crewe.

The city of Crewe, which gives you the best of both London and the countryside, is a great investment location. Additionally, Crewe’s new health science campus and recent regeneration schemes have added to its appeal.

Bentley Motors Wins the Award as?Top Employer in 2023. It is not the first time this happened, in fact, the internationally-acclaimed Top Employers Institute has awarded Bentley Motor with the same recognition for 12 years consecutively!

This award is a testament to the ongoing investments that Bentley Motors are making in their employees, recognising them as the cornerstone of their business. Employment in the area is expected to continue rising, and this bodes well for people looking to secure an investment area.

Summary:

Because of all the above and more, Crewe is certainly expected to be one hotspot in future years to come, making it one of the best places to invest in property.

It is impossible to cherry-pick the reasons why Crewe is such a good location for property investment because every single one contributes to its growth. Its current rental yield opportunities, the significant investments into regeneration schemes, rail links, employment and demographic are illustration as explains why we are so heavily focused on Crewe as one of our niche and best places to invest in UK property and for long-term gains for capital growth.

At the very least, is a town to be very well worth considering for any UK or?overseas investor looking for their investment?area.

Contact us for any questions, or you can also book a complimentary 20 minutes introductory consultation via our homepage.

Treasure Tower Property Consultants