New Liverpool-Manchester Line Announced by Railway Board

May 30, 2024

Share to: 

Key Highlights

UK

The new line is predicted to cut commuters’ journeys between the two cities by almost half, and will bring more finance and investment into the area.

 

Plans for a new additional train line between the northern UK cities of Liverpool and Manchester was announced earlier this year by the Liverpool-Manchester Rail Board. Not only does this plan include an entirely new line, but it will also include heavy financial investment into multiple stations between the two cities for regeneration and modernisation.

The new line will connect Liverpool Lime Street and Manchester Piccadilly, and will run through Warrington Bank Quay and Manchester Airport. Most notably, the line seeks to drastically reduce the time it takes to get between the two cities, with a total travel between the two coming down to just 25 minutes. This is fantastic news for commuters who currently have to take trains that are just under or just over an hour.

The stations at Manchester Piccadilly and Liverpool Central are also due for refurbishment, with Manchester Piccadilly slated to get an entirely new underground station, along with some improvements to the Liverpool Central metro line.

It is expected that the remaining funds from the abandoned HS2 line will be repurposed for this, though Manchester Mayor Andy Burnham has announced that they will seek additional funding via private investment.

 

Investment Opportunities

While no date has been finalised for work to start, it is expected that this huge overhaul of the Liverpool-Manchester line will boost the economy, bringing countless more jobs to both cities and harbour investment between the two. It will also drastically boost the lives of commuters who live in and work in either of the neighbouring cities.

This makes it an exciting time to invest in Liverpool and Manchester, as it is predicted that both cities’ economies will grow exponentially in the coming years. This is bound to attract more students, workers, and families than ever before, creating more buy-to-let opportunities for investors.

 

Summary

North Property Group is a property investment agency and end-to-end lettings agency which focuses on UK off plan and buy to let properties in Manchester and beyond. We work closely with premium property development agencies in the UK to deliver the best deals and best homes to investors.

Client-focused and data-driven, we like to let the results speak for themselves. With over 1,500 5* reviews on Trustpilot, we’re confident in our ability to find the best investments for you. In addition to finding the best deals, we also provide an end-to-end lettings management service, helping you manage your property’s lifecycle. Book a free consultation with us today to start your Manchester and UK buy to let investment journey and tap into the UK’s best off plan property opportunities.



Share to: 

Explore our property in Manchester

The Bailey

From £249,950

Yield: 13.5%
   In Construction
   Est. Q4 2024
   Lease Length: 250 Years

Related Articles

Purchasing Off-Plan Properties Made Easy

Investing in off-plan properties has become increasingly popular among prospective homeowners and savvy investors. This approach offers a range of advantages, from lower prices to ...
Read More →

Interest Rate Cut to 4.25% by Bank of England

The Bank of England (BoE) has once again sliced the interest rate by 0.25%, in response to global trade tensions, particularly from US tariff policies ...
Read More →

Victoria North Regeneration: £1.5m Secured for Metrolink Expansion

Backed by strong funding and government support, Victoria North is set to transform North Manchester with new homes, and infrastructure. The addition of the new ...
Read More →

Why First-Time Buyers Should Consider Buy-to-Let Before Their First Home

Purchasing a buy-to-let (BTL) property in a high-growth area can provide rental income, build equity, and offer more financial flexibility, and can be the ideal ...
Read More →

Bank of England Cuts Interest Rate to 4.5%: Implications for the UK’s Financial Landscape

Earlier this month, The Bank of England (BoE) decided to further slash interest rates by 0.25%. The rates are now at 4.5% from 4.75% – ...
Read More →

UK Property Market Predictions for 2025: What Buyers, Sellers, and Investors Can Expect

In 2024, the property market outperformed all expectations. House prices surged, rental figures hit new records, and buyer demand showed no signs of slowing down. ...
Read More →

Come talk to our professionals to learn more about the UK property market now!

Learn more about investing in Manchester by downloading our guide today