Liverpool is the home of over 60,000 businesses, with many businesses across the city centre.
As with many other cities in the north, the Liverpool property market is relatively fast-paced. It’s generally straightforward for investors to expand their portfolios or if they desire to exit their investment.
Investment opportunities in Liverpool
Liverpool offers a worldwide reputation due to its illustrious heritage in the music and sports industry. Liverpool is also currently known as one of the best destinations in the United Kingdom for people looking to buy an investment property.
Why invest in Liverpool?
Liverpool suffered a depressed economic situation between the 1970s and the 80s. However massive regeneration in the last 20 years has helped it emerge, and it is planned to continue.
The city of Liverpool is estimated to serve just under 500,000 people, and the vast Merseyside region has about 1.3million. Investors looking for a Liverpool properties investment may consider nearby boroughs of Knowsley or Sefton for investment opportunities.
Liverpool’s property market
Liverpool has a lot of economic potential in terms of house prices, and it offers some of the lowest prices in the UK. Liverpool has 58,000 students and 30,000 graduates seeking a home in this exciting and rapidly emerging area.
Housing in Liverpool
The most popular areas with the highest yield are mainly composed of terraced housing.
The Liverpool council once sold the terrace house in the Webster Triangle area of L7 for £1 to owners and tenants who could not sell the homes for five years.
Councillors at Liverpool City Council have imposed restrictions on the number of HMOs. The area under these restrictions requires the landlord to obtain planning permission for building.
A diverse business hub
Liverpool was named 3rd best business place in the United Kingdom in 2020 with Barclaycard, Santander RSA, and Barclaycard calling the city home.
Buy to Let properties in Liverpool
Liverpool is a leading location in the UK for rental yields and capital expansion. Since winning the European Capital of Culture Award in 2008, Liverpool has witnessed considerable regeneration and people looking to relocate.
Liverpool city centre
The L1 postal code area covers the main street centre from the Anglican cathedral to Liverpool Lime Street station to the north. Popular parts of l1 include the Baltic Triangle, situated near the waterfront, and the Ropewalking Area.
In the L1 postcode, rental yields are among the best for buy to let in Liverpool; choose your property carefully, and you could see a 10% return on your investment.
Royal Liverpool university hospital
The RLUH is a large teaching hospital providing acute care to a wide area, including some of the most deprived communities.
The trust is one of the largest in the country and has recently been voted among the top three trusts in England for outstanding patient experience by Healthwatch patients.
Advice & Tips for Liverpool property investors
This purchase-to-let tax guide examines the tax implications of purchasing, rental income and final profits.
Buy to Let Property Investment in Liverpool
Property in Liverpool has witnessed a significant expansion in demand from overseas (particularly the Far East).
Having a property in a popular area that provides the best opportunity for investors is likely to help you generate maximum capital growth from your investment.
Student property investment in Liverpool
Liverpool hosts three major universities (University of Liverpool John Moores University of Liverpool Hope University). Savills said that £10 billion would have been spent on UK student accommodation in 2020, but it has meant that it will be halted pending further notification.
Liverpool One is an entertainment and retail venue that represents part of a 42-acre development in the centre of the city centre. Includes over 100 shops, 25 cafes, restaurants & bars, two hotels and 600 apartments.
Investment continues to transform the city of Liverpool.
Over the next ten years, Liverpool is set to deliver the UK’s more ambitious infrastructure projects a further £9 billion investment. This investment will bring jobs to the city, which will enhance livability, presenting massive opportunities for property investment in Liverpool.
Infrastructure and transport
Liverpool region prides itself on accessibility, making travelling easier for all. The city council invested approximately £700 million in upgrading the existing transport networks through increasing existing routes and significant gateways.
Liverpool has a well-known and extensive cycling map a bicycle park readily available throughout the city.
High levels of tourism
Liverpool has leveraged its cultural position and developed a highly successful and growing year-round tourism industry.
It is very popular with visitors from the UK and the world travelling in this area for city breaks. Liverpool has plenty of things to do and see, and world-class shopping and new restaurants regularly launch.
Liverpool Waters is in the Atlantic Gateway area, and the combination of over 50 projects will transform city north-end docks. The 690-acre site is intended to house mixed-use retail, residential and entertainment high-end developments.
High rental returns
Liverpool boasts a high rental yield in the United Kingdom at over 5% rental return. Some areas, such as the L1 postcode at an astounding height of more than 10%.
Liverpool is an affordable city in terms of property prices, particularly when paired with the increasing rent costs in the city.
L7 L6, L2, L3, L4, and L5 feature on the Top 20 Liverpool Rentable properties list. L5 has the lowest asking rent each month of £599 and is conveniently located near Liverpool’s football stadium. L1 has an average yield of 7.50% and is within the city centre itself.
L4 has the highest asking rent in the country at an average of £2000. Liverpool has a lot to offer, and therefore real estate in and around the town is highly demanded.
The regeneration of Liverpool
Liverpool Vision is an Economic Development Company. It has guided several of Liverpool’s numerous regeneration projects. There has been a collaboration between Baltic Triangle Liverpool City ONE Ropewalks and Echo Arena Liverpool.
The Anfield Project
The Anfield Project is a regeneration plan backed by Liverpool City Council Liverpool Football Club and Your Housing Group.
Kensington Anfield Fairfield Everton and Tuebrook
The Liverpool L6 is a pretty diverse postcode with a perfect mix of housing, and Newsham Park is an ample green space that features lakes, playrooms and skate parks.
The Baltic Triangle is a very famous, historic port area of Liverpool. Rising rent prices for student accommodation in Liverpool have been driven by a desire for better quality and growing overseas students.
Which areas of Liverpool are best for investment properties?
The City Centre has recently benefited by many investments and regeneration. Investors are increasing confidence and especially in Liverpool Water’s £5.5 billion construction plans.
The L1 postcode has attractive average yielding of 10%, and the average price of a property in Liverpool City Centre is £119,000. The city centre can be divided into four key areas: the traditional core, the commercial district, the waterfront and the creative quarter.