- Birmingham is leading the way for property sales in the UK
- Hong Kong investors own 13% of foreign-owned UK property
- London rental market remains changeable and hard to predict for 2023
- How the controversial Renters’ Reform Bill could affect landlords
- How Hong Kong buyers can get a mortgage for UK property
- Foreign national mortgage market is opening up to investors
- Birmingham’s new-build market is racing ahead for developers
- Manchester new-build market tops the rest of the UK
- UK buy-to-let rental market reaches record high of 8.7m homes
- How new visa for Hong Kong residents could impact UK property
Why invest in Liverpool?
- Free access to lucrative developer stock in the centre of Liverpool
- World-class infrastructure developments improving accessibility
- 7% yield predicted for 2023 on rental properties (second highest in the North West)
- Thriving property market with rental values soaring year on year
As the city centre population continues to grow at a record rate and the number of start-up businesses increases, Liverpool remains one of the leading UK hotspots for property investors. Known for its culture and heritage, Liverpool is one of the UK’s most-loved cities, boasting a rich legacy that includes many notable historic moments, such as the rise of The Beatles as well as its ties with the ill-fated Titanic. In recognition of the city’s musical influence and famous history, the European Capital of Culture award was bestowed upon Liverpool over ten years ago, and the city has not stopped building its legacy as the years have gone by. Over this period, Merseyside has evolved relentlessly and gained an unmatched reputation as one of Britain’s most popular tourist destinations for international and local visitors.
High-demand buy-to-Let property in Liverpool
In previous years, we have acquired residential regeneration developments close to Liverpool Docks, which has offered its residents spectacular views and quick access to the city centre. This development exemplifies how we place location, quality and profitability at the forefront of our mission in securing unique investment opportunities. We are always eagerly on the lookout for upcoming build-to-rent projects, discounted HMO opportunities and lucrative, converted buy-to-let units in the UK’s fast-emerging markets. For us, we predict Liverpool to remain a highly rewarding location for institutional investors and individual landlords to build sustainable property portfolios.
We acquired a £5bn regeneration scheme we acquired for our community of owner-occupiers and landlords. A residential development comprising 129 one-and two bedroom apartments, secured at discounted prices.
Property investments in Liverpool
Liverpool rental yield is amongst the best in the UK
Liverpool has been recognised as one of the most profitable places to own a buy-to-let property for yields, thanks to five postcodes in particular (L7 with 10.3% yield, L6 with 8.4%, L1 with 8.1%, L15 with 7.4%, and L4 with 7.4%). An average yield of 5.0% makes it one of the highest rates in the country, and a great deal higher than London’s 3.0%. Investors in the North West are looking for a way to diversify their portfolios and get ahead of market trends by investing in postcodes in the region. Liverpool has a healthy rental market due to its impressive student and young professional population, making it an exceptionally attractive location for buying an investment property.
Rental demand and house price growth is thriving
Overall, buyer interest in the Liverpool property market increased by 32% in 2020 compared to the previous year. Offers accepted increased by 77%. Landlords ranked Liverpool third on a list of the best towns for owning a buy-to-let property in the UK, after Manchester and London. Despite an increase in interest in Liverpool properties, house prices remain affordable, with one-bedroom properties averaging £94,000, making the city an appealing place to invest in real estate. According to predictions, house prices in the North West region will rise by 24% through 2024, outpacing everywhere else in the country.
Liverpool has excellent transport links
The extensive array of public transport available in Liverpool is arguably one of the biggest selling points for those looking to relocate to the area. Travelling to and from Liverpool’s city centre on a daily basis could not be easier. With Liverpool Lime Street Station running regular services, Mersey Ferries offering an efficient and enjoyable way to travel along the River Mersey, and the extensive bus network proving reliable for commuters, Liverpool’s accessibility is top-notch.
One of the country’s most popular airports is also based here. John Lennon airport sees around 31 million people travel to and from the country every year. Job prospects are significantly higher due to the convenience of having a local airport. Additionally, tourism is increased because of the placement of this airport, which means that short-term let investments can be incredibly lucrative.
Award-winning universities attract thousands of students
The city has five world-class universities, billion-pound investment projects, and the largest number of world-class universities in the country. As a result, thousands of students across the globe choose to embark on their educational journeys and pursue career opportunities in this exciting city. Liverpool John Moores University alone welcomes around 15,000-25,000 students each year, resulting in a large student population looking for quality accommodation in close proximity to the university. This high intake of students includes a portion of international students who are keen to study courses in programmes such as Life Sciences and Medicine, Natural Sciences and Arts and Humanities.
Many post-graduate students choose to continue their careers in Liverpool too. In 2019, Liverpool was voted one of the best Northern cities for graduates to start their careers. It is because of this that rental properties receive strong demand from young professionals looking for affordable accommodation.
Liverpool was named one of the most affordable places to live
The cost of living in Liverpool is one of the most notable perks that people adore, attracting thousands of relocating Brits annually. In 2021, Liverpool was named one of the most affordable cities to live due to its lower-than-average house prices and rental costs.
Rent prices in Liverpool are affected by a number of factors, such as the location and the number of bedrooms, as they are in any other city. It is also possible to rent a property on the outskirts of the metropolitan area for a cheaper rate.
Unrivalled tourism potential
Liverpool is packed with countless things to do for people with all interests. Visitors of all ages are spoilt for choice when it comes to finding something worthwhile to do, see or experience. It is because of these endless possibilities that investors and tenants alike turn to Liverpool as a leading city to live and work in. The historical architecture and spread of green spaces and seafront views make this city one of the most beautiful areas in the entire UK.
The main attraction list includes:
- Arena Convention Centre.
- Liverpool Cathedral adds an intricate gothic touch to the magnificent architecture that makes Liverpool so unique.
- A wide range of music venues such as Echo Arena and the legendary Cavern Club, which hosts weekly events that introduce new music acts to local music enthusiasts.
- The Hot Water Comedy Club provides regular entertainment to comedy fans across the country.
- Liverpool Football Club, situated in Anfield, contributes to a large proportion of the economy and continues to attract supporters all across the globe.