Ellesmere Port Buy-to-Let Guide

According to Rightmove, the average price of a property sold over the last year in Ellesmere Port was £211,452. This is more affordable than the national average, currently £281,913 as per the UK House Price Index (April 2024).

Ellesmere Port’s average is 2% down on last year and 3% up on the 2021 peak. This subdued growth was observed across the UK last year, with 2023 being characterised as a challenging year for the property market.

But is this sluggish market set to continue? Savills’ Residential Market Forecast states that the UK market is set to return to healthy growth starting in 2026. In particular, the North West is expected to grow by 20.2% in the run-up to 2028, which is positive news for those looking to invest in Ellesmere Port this year.

Housing in Ellesmere Port consists of the usual range of apartments, terraced houses, semi-detached, detached houses, and some cottages. New-builds and older properties can be found in the town, but limited-period properties are on the market. As mentioned, there is limited scope for student accommodation investments in Ellesmere Port, and the same can be said for short-letting opportunities.

So, what is the most popular property type for buyers in Ellesmere Port?

Rightmove states that most of the sales in Ellesmere Port during the last year involved semi-detached properties, selling for an average price of £199,466. Terraced properties sold for an average of £152,758, and detached properties went for £332,048.

Further Reading: What does tenure freehold mean? Learn about this and other topics, such as tax on buy-to-let income, with our RWinvest guides and insights.

Average Property Prices in Great Sutton

The average property price in this area is £212,951.

Average Rental Yield in Great Sutton

The average rental yield in this area is 4.61%.

Average Property Prices in Whitby

The average property price in this area is £230,450.

Average Rental Yield in Whitby

The average rental yield in this area is 4.03%.

(Average property prices taken were from Rightmove in April 2024; rental yield estimates were calculated with figures from housesforsaletorent.co.uk in the same period)

What is the Best Area of Ellesmere Port to Invest in?

Little Sutton is known as one of the most desirable suburbs in Ellesmere Port, and this is reflected in the average property price – the most expensive of these listed areas. These higher property prices have also had a negative effect on the average rental yield which is the lowest of the districts we looked at.

On the other hand, Overpool located in the north-west of Ellesmere Port had the most affordable average property price and most optimistic rental yield.

Location

Ellesmere Port has attractive nearby areas, such as Chester and the Wirral, and excellent transport systems linking its residents to Liverpool and North Wales.

Ellesmere Port is situated near the interchange of the M56 and M53 motorways, with the A41 and the European Route E22 also in this area. The bus station in the town centre is served by frequent buses to Chester, Liverpool, Runcorn, Elton, Helsby, Frodsham, Birkenhead and Neston. There are also services to North Wales and some National Express services.

Ellesmere Port’s railway station is well-placed for Liverpool as it is located on the Merseyrail network, with services running to Liverpool City Centre via Birkenhead and Chester through Hooton.

Job Opportunities

While Ellesmere Port is often characterised as a town without much going on, it is known for its strong local employment opportunities.

As a port town built on the banks of the Manchester Ship Canal, Ellesmere Port is known for being a strategic location for the logistics sector. Ellesmere Port also has several industries known as good local employers, such as motor vehicle manufacturing and the fuel industry.

Areas with strong employment opportunities nearby are attractive to buy-to-let investors because it suggests strong demand from professional renters.

New-build properties may be popular among investors, but typically, they are more expensive than older properties. For this reason, off-plan property investment has emerged as a strategy for acquiring a new-build property at a lower price.

As Ellesmere Port is limited when it comes to new-build investment opportunities, it follows that there are not that many off-plan investment options either.

Off-plan development projects are still mainly concentrated in major urban centres and commuter areas rather than smaller towns, as developers are attracted to cities with high demand and good potential for capital appreciation.

In the future, smaller towns may have more off-plan options available, but at the moment, they are few and far between. Developers often target prime locations such as the best places to buy property in London.