Plans for a new additional train line between the northern UK cities of Liverpool and Manchester was announced earlier this year by the Liverpool-Manchester Rail Board. Not only does this plan include an entirely new line, but it will also include heavy financial investment into multiple stations between the two cities for regeneration and modernisation.
The new line will connect Liverpool Lime Street and Manchester Piccadilly, and will run through Warrington Bank Quay and Manchester Airport. Most notably, the line seeks to drastically reduce the time it takes to get between the two cities, with a total travel between the two coming down to just 25 minutes. This is fantastic news for commuters who currently have to take trains that are just under or just over an hour.
The stations at Manchester Piccadilly and Liverpool Central are also due for refurbishment, with Manchester Piccadilly slated to get an entirely new underground station, along with some improvements to the Liverpool Central metro line.
It is expected that the remaining funds from the abandoned HS2 line will be repurposed for this, though Manchester Mayor Andy Burnham has announced that they will seek additional funding via private investment.
Investment Opportunities
While no date has been finalised for work to start, it is expected that this huge overhaul of the Liverpool-Manchester line will boost the economy, bringing countless more jobs to both cities and harbour investment between the two. It will also drastically boost the lives of commuters who live in and work in either of the neighbouring cities.
This makes it an exciting time to invest in Liverpool and Manchester, as it is predicted that both cities’ economies will grow exponentially in the coming years. This is bound to attract more students, workers, and families than ever before, creating more buy-to-let opportunities for investors.
Summary
North Property Group is a property investment agency and end-to-end lettings agency which focuses on UK off plan and buy to let properties in Manchester and beyond. We work closely with premium property development agencies in the UK to deliver the best deals and best homes to investors.
Client-focused and data-driven, we like to let the results speak for themselves. With over 1,500 5* reviews on Trustpilot, we’re confident in our ability to find the best investments for you. In addition to finding the best deals, we also provide an end-to-end lettings management service, helping you manage your property’s lifecycle. Book a free consultation with us today to start your Manchester and UK buy to let investment journey and tap into the UK’s best off plan property opportunities.