Prescot should definitely be on your radar as an up-and-coming area, if you’re looking for investments in the North West of England. Local authorities have invested large sums of money here, in recent years. We’re seeing that investment pay off, with new independent businesses popping up regularly, and an increasingly vibrant social scene. And we know what that means don’t we? Rental demand!

In 2023, local newspaper The Liverpool Echo said ‘Prescot is on the up’, naming it one of the top five places to get on the property ladder in Merseyside.

Location

The town of Prescot is in the North West of England, nestled between Huyton, Knowsley, Whiston, Rainhill, and St Helens, with easy access to all. It’s close to Liverpool, and only around a 40 minute drive to Manchester. It’s also well catered for by public transport.

Transport Links

The M57 motorway, which connects many of the towns in Liverpool City Region, runs through Prescot. That puts it within a short drive of the M62 – to Manchester and the North East – and the M6 – plugging the town into the rest of the country. So much of the North West is well connected by motorway, and Prescot is no exception.

Liverpool John Lennon Airport and Manchester Airport are both easy to access in well under an hour.

Trains to Liverpool, Wigan and Preston run regularly from Prescot train station. While trains to Manchester run regularly from nearby Whiston and Rainhill.

Employment

Whiston Hospital is a short walk or 5 minute drive from Prescot, and it’s a major local employer. Whiston Hospital currently employs over 4,000 people, and we regularly see doctors, nurses and other health professionals viewing our rental properties in the area.

The Shakespeare North Playhouse Theatre opened in Prescot, in July 2022. This cultural landmark put Prescot on the map, and continues to have a knock-on effect for the leisure and culture sector in the town. It employs quite a number of people in it’s own right. In addition, we’ve seen restaurants open up, regular comedy nights launch and thrive. In short, there’s a buzz around Prescot right now, that a savvy investor would do well to jump on board with!

In addition to these hyper-local employers, there are a number of huge commercial units very close by, adjacent to the M62. These include the Omega Business Park and various aircraft hangar-sized places that have been continually popping up in recent years. 

While Prescot has maintained its small-town charm, it’s surrounded by lots of large employers, boosting the number of working tenants with long-term, stable incomes. Ideal!

Demographics

According to the 2021 census, the population of Prescot is just under 40,000. It has a town centre jam-packed with local shops, restaurants, cafes, hairdressers, etc. This local guide to Prescot gives you an idea of what’s on offer.

No landlord licence required

Here’s an added bonus for you, Prescot landlords don’t currently require a landlord licence. So that’s £550 that can stay in your pocket if you invest here! 👏