Locations
Liverpool Property Investment
Liverpool Property investment
An economic decline saw Liverpool struggle financially in the 70s and 80s. However, the city has bounced back and is on track to continue growing. Due to an influx of investment in the city and key improvements underway, Liverpool Property Investment has become an increasingly attractive option for both businesses and individuals.
One of the best examples of how much Liverpool city has evolved is the Albert Dock. Its bustling eateries, bars, and shops, as well as the Tate Liverpool Museum, have revived the area and made it a popular location for locals and visitors alike. Moreover, the riverside transformation has seen the area become a bustling location, where people can visit the Museum of Liverpool, enjoy a walk among the beautiful scenery and hop on a ferry ride along the river Mersey.
What are the latest Liverpool regenerations plans?
As well as retail and tourism, Liverpool is also a city with historical ties to a variety of industries. It is a major port and is set to grow with plans to expand the port and increase trade and opportunities underway.
Liverpool Waters
Wirall Waters
New Isle of Man ferry terminal
and a new cruise ship terminal
New 52,000 seater stadium at
Bramley-Moore Dock for Everton
Football Club
High-speed railway
to Manchester
and Leeds
Further development of
Knowledge Quarter Liverpool
Liverpool Property Investment | What amenities does Liverpool offer?
Liverpool’s 2008 status as the European Capital of Culture helped establish the city as an attractive tourist destination. Moreover, it raised the profile of the area and helped visitors and investors alike pay attention to its potential.
Retail and entertainment
With a bustling and beautiful city center, Liverpool offers anything from creative local shops to popular boutiques of international retailers. Furthermore, the city’s deep-rooted ties with music make its nightlife a landmark that attracts tourists to Liverpool’s many pubs, clubs, bars, restaurants, theatres, and music venues.
Transport and infrastructure
Liverpool’s very own underground and commuter railway Merseyrail connects its city center to the surrounding area. These include Southport, Chester, and the Wirral. Due to the convenient transport connection, residents of the surrounding area can quickly travel in and out of the city both for work and recreation.
The student economy
With two big universities on its territory, Liverpool is considered one of the major student cities in the UK. Due to the temporary nature of student living, there is a vast pool of young people renting properties in the areas surrounding the universities, which makes them attractive for property investment. The most popular student property areas in Liverpool are Kensington, Edge Hill, Wavertree, Childwall, Aigburth, Mossley Hill and Allerton. Moreover, plans are currently in development for a £1 billion redevelopment of The University of Liverpool’s campus, which will definitely attract more students to the area.
Liverpool property investment values
The city is hailed as the cheapest for property among the major cities in the United Kingdom. According to Hometrack, the average property price in Liverpool is £133,400 as of June 2021, 8.9% higher than it was a year ago.
Although property costs in Liverpool remain relatively low, they do see a significant growth year on year. Over the past few years, there has been a trend of growth in property prices in the north as opposed to those in the south of the UK. An article by Ed Magnus for This Is Money, says that:
“Research conducted by estate agent Andrews Property Group found that house prices in Liverpool had risen 16.7 per cent since the UK first went into lockdown last year.”
This trend strongly indicates the profitability of Liverpool property investment and the surrounding northern cities.
Buy-to-Let Liverpool property investment
According to Totally Money’s Buy-to-Let 2019/2020 Yield map, Liverpool is at the top of the list with landlords enjoying 10% yields. Moreover, postcode areas in Liverpool claim 6 of the spaces on the Top 25 UK Buy-to-Let Yield Map.
The top buy-to-let Liverpool areas:
Area
L1
L11
L6
L2
L3
L4
Yield
10%
8.67%
8.12%
7.56%
7.4%
7.13%
If you are considering Liverpool property investment as an option it is important to remember that the City of Liverpool area has a strict landlord licensing scheme. This means that landlords need to apply for and obtain a license in order to let their properties. As a general rule, the rest of Liverpool’s neighborhoods don’t have licensing restrictions. However, potential landlords should double-check this before investing as there is selective licensing for certain streets.
Liverpool property investment | Regeneration plans
Fabric District Residence
A much-awaited Liverpool residence in the city’s Fabric District is in the late stages of development. The Fabric District Residence is in one of Liverpool’s up-and-coming neighbourhoods that recently benefitted from a £1 billion investment in the area.
A vision for the area’s redevelopment describes it as place for people of all ages to live, enjoy and work. To achieve this the Fabric District will offer residential as well as commercial and retail units that aim to power up the neighbourhood’s economy and attract new workers.
The Fabric District Residence
The Botanical Gardens, Baltic Triangle
The Baltic Triangle
Its close proximity to Liverpool city centre and growing creative and digital sector have attracted a large amount of interest and innovation to The Baltic Triangle area. Having benefitted from more than £128 M in development investment since 2012, the area is set to grow further.
The Baltic Triangle’s reputation as one of the coolest places to live, along with its bustling creative industry attracts a large number of renters to the area. Thanks to this, new developments and opportunities for investment are consistently popping up and becoming increasingly attractive with their promising yield predictions.
Liverpool Property Investment | Best areas of Liverpool
City centre
Liverpool’s city centre is made up of vibrant areas that have been rated among the best and coolest places to live. Moreover, they are popular with young professionals who move there to join the creative and digital industries and rent properties close by. For example, areas such as the waterfront as well as The Baltic Triangle, which we mentioned earlier are growing in both popularity and demand.
City Centre
Population
Average house price
10,600
£127,100
City Centre
Population
10,600
Average house price
£127,100
South Liverpool
Population
Average house price
63,000
£136,651
South Liverpool
A more budget-friendly investment option, the inner-city area to the south of Liverpool city centre is an attractive residential area. The area covers Edge Hill, Fairfield and Kensington areas and offers calm street full of mostly terraced properties. Additionally, the area is attractive to students and gathers lots of interest from renters due to its good value for money and opportunities for house sharing.
South Liverpool
Population
63,000
Average house price
£136,651
South Liverpool
A more budget-friendly investment option, the inner-city area to the south of Liverpool city centre is an attractive residential area. The area covers Edge Hill, Fairfield and Kensington areas and offers calm street full of mostly terraced properties. Additionally, the area is attractive to students and gathers lots of interest from renters due to its good value for money and opportunities for house sharing.
South East Liverpool
A great area popular with families, Liverpool’s southeast part includes suburbs such as Childwall, Bowring Park, Gateacre, Woolton, Hunts Cross, Aigburth, Allerton, and Roby. Prices vary based on neighborhood, however with families increasingly showing an interest in moving to the area, buy-to-let properties are worth considering as an investment option.
South East Liverpool
Population
Average house price
95,000
£223,000 – £352,000
South East Liverpool
Population
95,000
Average house price
£223,000 – £352,000
Crosby
Population
Average house price
43,500
£299,445
Crosby
Formby and Crosby might be a bit further out, but they are popular with commuters who travel to the inner city for work. Their great transportation links to Liverpool’s central areas make travel quick and easy and the calm residential life they offer is reflected in the higher-than-average property prices. Because of the high prices, buy-to-let yields are lower as well at an average of 3%.
Crosby
Population
43,500
Average house price
£299,445
Crosby
Formby and Crosby might be a bit further out, but they are popular with commuters who travel to the inner city for work. Their great transportation links to Liverpool’s central areas make travel quick and easy and the calm residential life they offer is reflected in the higher-than-average property prices. Because of the high prices, buy-to-let yields are lower as well at an average of 3%.