It’s always interesting to check out the united kingdom property market because there is always something happening. Whether it be a ‘boom’ duration of rapid rises in property prices or perhaps a ‘down’ duration of falling prices and much less equity, the marketplace never appears to stabilise and be static for too long.
The Wirral peninsula is within a significant unique situation.
The region advantages of rising house prices month on year and month on year. Even if the united kingdom real estate market decreases or concerns a standstill (because it has been doing at the end of 2007), the region will continue to see rising property prices.
A primary reason with this continued growth is our location. We are just across the Mersey from Liverpool and therefore are just 7/8 minutes from the city centre (from your North of Wirral), just 10/fifteen minutes from your beautiful historic town of Chester and 35 minutes from Manchester. It offers great motorway links, beautiful countryside but it really is still only a 15-minute drive from rural North Wales.
Overall, Wirral is the ideal commuter city and house prices reflect that.
The peninsula also offers an enormous cross portion of properties: anything from 2 bedroom terraced houses within the North from the borough (Birkenhead, Wallasey) to £million houses in West and South Wirral Willaston and Caldy, Thornton Hough, Hoylake). Higher than average rental yields are still achievable. That’s the fantastic thing about all the properties.
Wirthe area is seeing lots of investors come from further afield. That is one of the downsides of such a vibrant housing market and ever increasing property prices. Indeed it is really not unusual to find out many investors from Manchester, London & Ireland attend one of the numerous monthly property auctions and this will make it hard for first-time buyers to obtain around the housing ladder as plenty of new property investors has got the cumulative effect of pushing up house prices that makes affordable housing a fairly rare commodity.
If you know where to look, like all areas of the UK, there are bargains to be found.
So, make sure you do your homework because the Wirral is one area of the UK that always seems to be prosperous and that is reflected in the ever increasing property prices in summary. If you do purchase a house and are in need of kitchen refurb, basement conversions or some simple plastering or tiling give us a call for a great quote!