St Helens, strategically located between Liverpool and Manchester, is emerging as a prime destination for property investment.
Its affordability, strong rental yields, and significant regeneration initiatives make it an attractive option for investors. Here’s an in-depth look at what St Helens has to offer.
Meryside
Location and Connectivity
Situated in Merseyside, St Helens boasts excellent transport links. The town is well-connected by the M6 and M62 motorways, providing easy access to major cities. Frequent train services offer direct routes to Liverpool and Manchester, making it ideal for commuters and enhancing its appeal to potential tenants.
Demographics and Tenant Demand
As of mid-2022, St Helens has a population of approximately 184,728, reflecting a 0.7% annual growth rate. The town’s affordable housing and proximity to urban centers attract a diverse tenant base, including young professionals, families, and retirees.
Property Market Overview
- Affordability: As of September 2024, the average house price in St Helens was £206,000, up from £188,000 in September 2023. This affordability, compared to neighbouring cities, offers investors substantial growth potential.
- Rental Yields: The average rent increased from £546 per month in 2020 to £746 in 2023, a 36% rise. This surge, coupled with a 26% reduction in available rental stock, indicates strong demand and the potential for attractive rental yields.
Info
Regeneration Projects
Driving Growth
St Helens is undergoing significant regeneration aimed at revitalizing the town and boosting property values:
• Town Centre Transformation: In partnership with the English Cities Fund, a multi-million-pound project is underway to redevelop the town centre. Phase One includes a new market hall, a 120-bedroom hotel, 64 new homes, and modern retail spaces, creating a vibrant community hub.
• Bold Forest Garden Village: Plans are in progress for a 3,000-home development on 328 acres of released Green Belt land. This project aims to provide quality housing and enhance the local environment, marking it as the largest housing allocation in the Liverpool City Region.
Why Are
People Investing
in St Helens?
Few factors for investing in Liverpool.
St Helens offers property prices significantly lower than Liverpool or Manchester, making it ideal for investors seeking high returns on a budget.
The area’s economy is growing, supported by local business developments and investment in infrastructure.
Great schools, parks, and suburban communities attract long-term tenants and buyers.
Multi-million-pound projects such as the Glass Futures development and town centre regeneration are driving up property values.
Strategically located along the M6 and M62 motorways, with direct train links to Liverpool, Manchester, and beyond.
Promising Postcodes
WA9 : Exceptional yields, especially for buy-to-let properties.
WA10 : Ideal for professionals and students, ensuring a steady rental income.
WA11: Offers excellent long-term growth potential due to its proximity to employment hubs.