Bootle is an economically crucial suburb of Liverpool that is very much on the rise.
The town is experiencing a huge housing and regeneration boom which is fuelling an ever increasing interest and demand in the area from both a property rental and sales perspective, and making Liverpool property investment an ever more appealing prospect for but-to-let purchasers.
The renaissance of the area is seeing property prices sky rocket and swathes of new jobs created, both of which continue to drive rental demand higher and higher.
Halifax has recently placed Bootle in its top 20 UK buy-to-let hotspots, a prestigious accolade for the town.
What's happening in the area and why is this arguably the UK's most attractive town for property investment?
£33m Regeneration Scheme
A £33m regeneration scheme is underway that will se huge improvements to central Bootle. The scheme, headed by social enterprise group SAFE Regeneration, comprises of 107 family homes, an 80-bed care facility, improved leisure facilities, a microbrewery and a business hub. The objective of the schema is to completely re-shape the neighbourhood thereby increasing the attractiveness, economic prospects and desirability of the area. The scheme is the full backing of Homes England and the Liverpool City Region Combined Authority.
The masterplan is set to dramatically increase local property prices and demand.
£600m Inward Investment
Bootle is experiencing a property boom with house prices rising faster than virtually any other town in the UK.
Halifax has recently placed Bootle in it’s top UK buy-to-let hotspots, a prestigious accolade for the town. Estate agents have seen families and young professionals flock to the area thank to £600m of investment from the private and public sector.
The investment is part of a series of investment programmes designed to completely re-imagine the town and pave the way for continued future development and prosperity.
Now is the time to take advantage of strong market forces in Bootle before house price growth really starts to gain rapid momentum.
£5.5bn Liverpool Waters Development Scheme
Bootle enjoys a close proximity to the thriving city of Liverpool enabling residents of the town to easily commute to the city whilst enjoying a lower overall cost of living. As Liverpool gains economic strength and prestige, the effect directly impacts on Bootle. There is no clearer example of this than the £5.5bn Liverpool Waters regeneration scheme which is seeing huge development activity alongside the Waterfront of North Liverpool — Heading directly to Bootle.As new jobs are creating and the areas connecting Bootle to Liverpool are developed further, property in Bootle is set to massively increase in desirability, value and demand.
To find out how much capital growth you can expect to see in a buy-to-let property in Bootle, contact our team today.