It’s an exciting time for Liverpool regeneration at the moment, and this extends to the city’s public transport system.
This forward-thinking city is always looking to the future, and as the area develops into a world-class urban centre, a public transport system to match is required. According to the Liverpool City Region Combined Authority, hundreds of millions of pounds are set to be invested in creating a ‘London-style integrated transport network’. This includes ‘new trains on our Merseyrail network, new stations, zero emission hydrogen buses, a safer cycling network, and smarter tickets’.
So, why does all this matter to buy-to-let property investors?
Firstly, regeneration area investment is known as a lucrative strategy for investors seeking to maximise returns and have a positive impact on the local community. Underutilised districts that are about to be or are being targeted for strategic redevelopment will currently have lower property prices but, in the future, will benefit from increased capital value as the area becomes more attractive and more in demand.
This article focuses on public transport regeneration, which has the added benefit of making an area more livable and enticing for tenants due to improved transport links. Higher demand and rapid rental price growth for buy-to-let investments are likely to follow.
