Are you planning to relocate but unsure where to look? Have you considered the north-west of England? More than likely, if you’re based in places like London or the surrounding areas you have probably never considered moving north. However, it may be your best option, especially if you’re struggling financially or you just simply need a change of scenery for you and your family.
Moving across the country can be daunting, and you must be certain on your choice before making the big move. To help you make the right decision, read these top four reasons which will help you decide if the north-west is the right place to settle.
In recent years, north-west cities like Liverpool have seen a massive amount of time and money spent on regeneration schemes like Liverpool Waters. This is a project that was put in place to transform the city’s docklands into five dynamic neighbourhoods home to both residential and business ventures. It is an ongoing process that will result in much-needed housing in a great location along with an abundance of opportunities for residents.
Manchester is also another great northern city that is constantly evolving through regeneration, with areas like Spinningfields, which is known as one of Europe’s most successful urban regeneration projects. This is become known as the “Canary Wharf of the North”, which has involved the construction of new residential and commercial spaces that are continuously growing.
When moving across the country, you want to be sure that it makes sense financially, especially when it comes to housing. While house prices constantly fluctuate wherever you live, homes in the north-west are actually some of the most affordable in the UK. So whether you’re buying your first home or looking for a bigger house for your family, you will definitely find somewhere within your budget.
There are also great opportunities for anyone looking to invest in property, as both Manchester and Liverpool have some of the highest rental yields in the country. To help you find the best investment returns you should work with property experts like RW Invest, who have several properties available with rental yields up to 8%. Their properties are located in north-west hotspots like the Baltic Triangle and MediaCityUK, which will offer a massive rental demand and excellent returns.
Another reason many people decide to move is due to a shortage of job opportunities, although this is definitely not lacking in the north-west. Manchester is especially attractive to graduates, who have moved to Manchester after their studies to start a career in the creative industries. There are plenty of jobs in this sector due to the development of MediaCityUK in Salford, which is home to the ITV, BBC and a variety of other thriving businesses.
Northern cities like Liverpool lead the way in advanced manufacturing, while Leeds is the largest location outside of London for financial and business services. This showcases the endless opportunities available in the north-west, making it the perfect place for both young professionals and families who are seeking work.