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So, you want to invest in Crewe?

Crewe is the largest town in Cheshire East and major growth is expected over the next few years, putting it firmly on the map as a buy to let property hotspot.  It is home to 5,000 businesses, including the Bentley factory which has a steady flow of young professionals – many of whom are looking for rental property.

The town certainly has far more long-term potential for investors than its wealthier neighbours – Sandbach, Congleton and Nantwich, where prices are already at a premium. Here are just some of the reasons why we believe landlords have even more reasons to invest in property in Crewe.

Location

Crewe tends to be split into two ideal locations – you’re either wanting to invest close to the town centre or close to leighton hospital / Bentley motors – that being said, there are also a number of areas you may want to avoid if you’re investing in BTL or HMO – but, without giving too much 

Affordability

Crewe has some of the most affordable properties in the area. According to Zoopla, the average price for property in Crewe is £202,737, making it incredibly attractive to residents and investors alike. We’re noticing an increase in investors budget for BTL – they no longer appear to be 

Regeneration for Crewe town centre

The regeneration of Crewe’s Royal Arcade is expected to start this summer and complete by 2020.  Residents can look forward to an 800-seat cinema complex, a 16-lane bowling alley, gym, restaurants and shops. This redevelopment is likely to trigger wider regeneration and attract more tenants to the area. 

 

Amplo Lettings | Property Management Crewe | Letting Agents Crewe | HMO Management Crewe | House to Rent Crewe

HS2

The arrival of HS2 to Crewe is an important component of delivering the council’s future ambitions for Crewe and the surrounding area. However, the arrival of the high-speed train services alone will not unlock the potential for the town or the region. Getting the right station solution for Crewe is critical to unlocking the economic, social and environmental potential of the town. 

To unlock this potential, the council require the delivery of:

  • The right rail infrastructure solution to be delivered at Crewe station to enable up to seven HS2 trains per hour, in each direction, to call at Crewe;
  • A new rail junction known as the Crewe North Connection that would link the HS2 Phase 2b line (which is out for consultation) and the existing West Coast Main Line; and
  • Critical enhancements to Crewe railway station to bring it closer in line with the standard of other HS2 stations being delivered elsewhere.

Councillor Craig Browne deputy Leader of Cheshire East Council, said “The arrival of an enhanced HS2 offer for Crewe will bring with it un-capped economic potential for Crewe and its town centre. Much work is being undertaken now to transform the town into something that is fit for the future. With nearly £180m worth of projects under development and in the pipeline, the investment in this town is significant and long-awaited for.