Skip to content

02 Dec, 2021

The North West Town That’s Becoming a UK Buy to Let Hotspot

    A Buy to Let Hotspot in the North West

    Whenever you think of property investment, chances are the UK’s big cities will come to mind.

    With Liverpool, Manchester, Birmingham, Leeds, and London all proving a hit amongst investors, you’d be forgiven to think that they are the best options out there.

    And while the likes of Liverpool and Manchester are offering top returns in 2023, dig a little below the surface and you’ll find some fantastic towns providing just as good returns at a fraction of the cost.

    One perfect example of this is Wigan, a Greater Manchester town quickly becoming an excellent UK buy to let hotspot.

    But why is this the case? Let’s find out in this quick look at Wigan property investment. For a complete in-depth guide, be sure to click the link to read more.

    The beginning of the Georgian Quarter in Liverpool, captured from the top of the Anglican Cathedral.

    Secure 15% Deposit

    Only 15% deposit needed now, with nothing else to pay until February 2025 on luxury 2-bed apartments.

      Wigan – The Perfect Commuter Town

      Ideally located between Liverpool, Manchester, and Bolton, Wigan is quickly becoming the perfect commuter hotspot in the North West.

      A transport superhub, the Greater Manchester town is on the intersection of the A49 and A577, linking Wigan to the hugely popular M58, M6, and M61.

      Better yet, the town also boasts some excellent train links.

      With two train stations in the town centre, Wigan North Western and Wigan Wallgate, commuters can get into Manchester city centre in just 30 minutes, with only 50 minutes required to get to Manchester Airport.

      There are even direct links to Liverpool, Southport, Glasgow and Edinburgh, with London around two and a half hours away.

      Wigan,,England

      Limited Time Only

      Accrue interest on your deposited funds in our latest block in The Gateway.

      An Expanding Property Market

      As more and more people choose to live in Wigan to take advantage of the town’s excellent job opportunities, the property market is quickly expanding.

      Not only is the town affordable, but it’s also offering solid rental yields and significant capital growth potential.

      Wigan property investments offering solid rental yields

      Despite its smaller population size, Wigan has an incredibly comparable property market to the UK’s major investment hotspots.

      Significantly more affordable than other UK hotspots, as you can see from the table, Wigan is cheaper than Liverpool, Manchester, Birmingham, Leeds, and London, while also offering higher capital growth rates.

      Gross rental yields are currently lacking, with an average rent of around £592, according to Zoopla.

      However, this is based on a small sample size, so the actual gross returns may be far higher than this.

      Moreover, if you dig a little, you’ll be able to find excellent property investment opportunities offering 5% NET returns in Wigan – a substantial investment.

      Forest, river and city border, forest and city separated by zigzag line, looking down aerial view from above – Bird’s eye view forest and city border Vila Caiçara, Praia Grande - Sao Paulo, Brazil

      Join Our Mailing List

      Sign up to our mailing list today for information on the latest buy to let deals, new property launches, expert insights, and more.

        Explore the Wigan Market With RWinvest

        As you can see, Wigan is quickly becoming a major player in the thriving North West property market. Wigan properties are selling fast, and growing numbers of investors are considering this up-and-coming town for their next venture.

        If you’re looking to invest in this affordable commuter town or want a property in places like Liverpool and Manchester, we’ve got you covered.

        RWinvest is an award-winning property investment company with over 18 years of experience in residential and student property.

        Voted the North West’s Best Property Business in 2020 and nominated as Business of the Year in the Echo Regional Business Awards 2021, few companies have our credentials or expertise.

        Chat to one of our property specialists today and discover the latest investment opportunities in the UK’s top investment cities.

        To learn what could be in store for the UK housing market in 2024, check out our 2024 property market predictions guide.

        RWinvest Liverpool Office
        Disclaimer
        Avatar photo
        Author

        Reece Pape

        Reece Pape is a property writer at RWinvest. Reece is passionate about keeping property investors updated on must-have information and housing market news, utilising the latest property market statistics and data.

        Why Choose RWinvest?

        Here are three reasons to choose RWinvest for your next UK property investment.

        We have over 2,000 five-star Trustpilot reviews

        Multiple Award Icon

        We're a multi-award winning investment company

        We offer investments in the best buy to let areas

        Contact Us

        Contact Us

        Want to Get in Touch?

        Fill in the form to contact us today and a member of our award-winning property team will be in touch to help.

          I can honestly say they have put my mind at rest from day one answering all my questions I had , true professionals, I am not experienced in buying off plan or for a rental income but I have to say the process has been smooth from sales to Chloe in client care and now I’m handed over to the final stage for the site visits
          I feel very relaxed and happy with how amazing the team have been. I I can’t wait now to see the end built ! Thanks 🙏

          Kelly Webber

          Google Reviews Logo

          I have had the pleasure of experiencing exceptional customer service from RWinvest. Adam and Michelle were remarkable and were exceedingly supportive in facilitating the acquisition of two properties in Liverpool, at "The Gateway." Their guidance was instrumental in the purchase of the properties and I express my utmost satisfaction with their assistance, and I am inclined to not only endorse but also consider any property advertised by RWinvest.

          Narendra Rai

          Google Reviews Logo

          I am very happy and satisfied with RWinvest. Their team was always responsive, supportive and friendly throughout my investment process. Thomas from RWinvest team was especially very supportive and he made sure that I have all the necessary information at the right time. He helped me with all my queries, and helped me to complete my investment process smoothly and with peace of mind.

          Babak

          Arrow left
          Arrow right
          Manchester, UK