Drupal - Adding a link to an image

If you are already building a custom field type, you could add properties for the link to your field:

class MyLinkField extends FieldItemBase {

  public static function propertyDefinitions(StorageDefinition $storage) {
    ...  
    $properties['title'] = DataDefinition::create('string')
      ->setLabel(t('Title'));
    $properties['url'] = DataDefinition::create('string')
      ->setLabel(t('URL'));
  }

and use it in the field formatter:

class MyLinkFieldFormatter extends FormatterBase {

  public function viewElements(FieldItemListInterface $items, $langcode) {
    $elements = [];
    foreach ($items as $delta => $item) {
      $elements[$delta] = [
        '#type' => 'link', 
        '#title' => $item->title,
        '#url' => Url::fromUri($item->url),
      ];
    }
  return $elements;
  }