{"id":20396,"date":"2018-08-21T14:11:38","date_gmt":"2018-08-21T13:11:38","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=20396"},"modified":"2018-08-21T14:11:38","modified_gmt":"2018-08-21T13:11:38","slug":"reasons-invest-liverpool-buy-to-let-capital-of-the-uk","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/2018\/08\/21\/reasons-invest-liverpool-buy-to-let-capital-of-the-uk\/","title":{"rendered":"Reasons to invest in Liverpool – the buy-to-let capital of the UK"},"content":{"rendered":"
Famous for its two Premier League football clubs, world-renowned music scene and important industrial history, the city of Liverpool in the north-west of England has benefited from a major overhaul triggered largely by its success as the European City of Culture in 2008. Regeneration in the city is ongoing as its population continues to expand, and it is now classed as one of the most appealing places in the country to invest in the buy-to-let sector.<\/p>\n
The earnings to house price ratio in Liverpool is one of the best in the UK, with properties typically costing around 4.8 times the local annual salary. The average home sells for just \u00a3118,000, meaning property investors can get a lot more for their money.<\/p>\n
A typical property in London, costing an average \u00a3491,200 according to Hometrack, will set you back four times more than one in Liverpool, and many people are now divesting their mature assets in the capital as the market there stagnates.<\/p>\n
In the year to May, Liverpool saw its average house prices rise by 5.9%, above the UK\u2019s 4.3% average, and experts predict that this trend will continue over the next few years.<\/p>\n
Liverpool continually ranks as the best place in the country for landlords wanting to earn the highest rental yields, with the most recent top 10 list dominated by three Liverpool postcodes.<\/p>\n
In the L7 area, which includes Edge Hill and Kensington just outside the city centre, the best rental returns in the country can be found, according to Totally Money, with an average yield of a huge 11.79%. Elsewhere, L6 achieved average rental yields of 11.52%, while L1 right in the centre brought in 9.36% in rental returns.<\/p>\n
With low house prices, high tenant demand and decent rents, it is an ideal place for investors wanting to diversify their portfolios, with new developments and properties continuously coming onto the market.<\/p>\n