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£100m Baltic Station First of 4 New Railway Stations in the Liverpool Region

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    Liverpool Baltic Station: Reviving a Historic Location for a Cool New Neighbourhood

    The Baltic Station is an exciting addition to an area dubbed the ‘UK’s coolest neighbourhood’ by Time Out magazine. The Station is located in the Baltic Triangle area of Liverpool and is being built on St James station, which was closed in 1917 due to financial restrictions during World War I.

    Mayor of the Liverpool City Region, Steve Rotheram, has stated that the Baltic Station is just the first in a pipeline of new stations across the Liverpool City and Combined Authority.

    New stations are planned in Woodchurch in Wirral, Carr Mill in St Helens, and Daresbury in Halton. Mayor Rotheram has pledged that the Baltic Station will be completed ahead of schedule and expects it to be completed by 2027.

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    Liverpool / UK - March 22 2020: The Brewery Tap pub, Stanhope Street, Liverpool. Formerly Grapes Inn and Higsons Brewery.

    The Regeneration of the Baltic Triangle and North Liverpool Dock Area

    The Baltic Triangle is a historical industrial area with maritime connections. It has seen a significant transformation over the past two decades, starting in 2005 when it developed a live music scene thanks to venues like the New Picket.

    The Foundation for Art and Creative Technology, a large arts venue, began hosting regular exhibitions in 2006, and Elevator Studios, established in 2007, transformed derelict warehouses into an institution in the music and tech space.

    Several years later, Baltic Creative, with support from the City Council, transformed 18 former warehouses into a creative and digital hub, exclusively renting to those in the digital and creative industries, helping the area to keep its identity. The area has since continued to grow, with repurposed warehouses now being transformed into not only studios and creative spaces but also hotels and bars.

    The Baltic Triangle is in close proximity to the North Liverpool dock area, which is currently undergoing a £5 billion regeneration project called Liverpool Waters. This includes the Princes Dock developments and Bramley-Moore Dock stadium, which is soon to be the new home of Everton Football Club.

    The Baltic Triangle and North Liverpool dock area have been referred to as the ‘Baltic Rectangle’ by The Times, which named it as the best place to invest in property in the UK in 2024.

    It’s no surprise that many property investors are turning to Liverpool for property investment opportunities, especially given that property prices are considerably lower than the national average and rental yields are higher.

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      Further Public Transport Improvements

      Big improvements are being made to Liverpool Lime Street services, which will involve the completion of a new and remodelled platform. This will allow two services per hour to London. There are also plans for a new high-speed line between Liverpool and Manchester, further improving links between the two major North-West cities.

      This high-speed connection could allow travellers to halve their journey between the two cities to less than 30 minutes. The additional line will run from Liverpool Lime Street to Manchester Piccadilly via the revamped Warrington Bank Quay and Manchester Airport stations. The scheme also plans to revamp Liverpool Central Station, another positive move in a project that aims to create a London-style transport network, consequently making Liverpool a more desirable place to live.

      For a more in-depth look at property investment in the North-West region, take a look at our buy-to-let property guides:

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      £100m Baltic Station First of 4 New Railway Stations in the Liverpool Region

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      Mark Greenham

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      Mark is a property news and onsite content writer at RWinvest. With a close eye on the UK property market, Mark helps our readers stay up-to-date with the property trends and statistics.