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Area Guide: Runcorn

Discover an area of Liverpool City Region out-of-town investors often overlook

The stats on Runcorn

Average Purchase Price

The average purchase price in the area is £110,000

Average Rent

The average rent in the area is £750 PCM


Average ROI

The average ROI in the area is 8%

Tenancy Types

The area has a high number of Working Tenants.

Location

Runcorn has everything going for it, from a property investment perspective.

It is within easy reach of two major airports, in Manchester and Liverpool; both of these are located on the Runcorn side of the city, within a short drive.

The map below shows both airports, and both cities, in relation to Runcorn.

 

Transport Links

There are two train stations in Runcorn, one of which will get you to London in two hours.

The other has an hourly service to Manchester Airport.

Connectivity is excellent as well. The M56 runs through Runcon, and quickly gets you to the M6.

 

Employment Options

Employment options lead to a demand for housing, and there are plenty here.

Runcorn is a traditional working-class town, with a focus on the chemical industry. There are still an abundance of industrial sector jobs to be had. And thanks to the excellent transport links mentioned above, lots of factories are based here. The town itself has a bustling retail centre, and the local hospital has actually recently received funding to open a new diagnostic centre.

Incredibly close to Runcorn, you’ll find Sci-Tech Daresbury, where ‘remarkable expansion‘ is taking place. Another large employer.

And, did we mention, two big cities are within a short commute.

 

Demographics

Runcorn is a traditional working-class town of approximately 60,000-70,000 people. Like everywhere, some parts are prettier than others, but you will be providing homes for nice solid long-term tenants.

There are two parts to the town, ‘Old Town’ and ‘New Town’. In Old Town you’ll find traditional terraces, and in New Town a labyrinth of post-war housing.

The town is improving vastly and is attracting a lot of investment. Josh, from our lettings team, recently chose to buy his home there.

 

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