Chester to receive a boost

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by Gill Montia

Chester appeals to many buyers for its closeness to major cities such as Liverpool and Manchester, the University of Chester also attracts thousands of students to its main campus in the town and another in Warrington nearby.

Chester has always been a favourable place for people to live but the property market is now showing signs of renewal. Over the next 8 years, many new developments and investments will no doubt boost Chester’s appeal further. The local council has plans for an extensive scheduled called the Chester Renaissance.

According to PropertyDealsUK, Chester’s independent real estate agent, visitors are coming from all over the country to purchase property in Chester. The walled city is famous for its heritage, racecourse and city living which is appealing to many investors.

It is anticipated that many jobs will be created following the regeneration and £180 million is to be invested into the local economy as part of the redevelopment of Chester’s cultural infrastructure. The areas to be redeveloped are the Castle, Cathedral and Grosvenor Park precincts and the station is also set for a make over.

PropertyDealsUK added that there are a number of main areas in the city appealing to buyers, whether for investment purposes or for living. The Hoole is a flourishing area and very desirable, Moulton and Handbridge are also in demand.

The focus in the Chester property market is indeed on investment, particularly in rundown, larger properties that can be snapped up at a good price in popular areas such as Hoole. PropertyDealsUK concluded that there are a lot of investors in Chester at the moment.