Liverpool is one of, if not the property hotspots in the North West.
The city is in the grip of investment fever in terms of the buy-to-let market. With surveys and data showing that it’s a great city for property investors and one with plenty of opportunities.
Early investors in Liverpool’s property market have been encouraged by large-scale projects that have transformed and invigorated the city. Projects like Liverpool Waters, the Baltic Triangle and Liverpool One have helped the city to be recognised as a place to invest, and somewhere for people to rent good quality homes or buy their own property.
Why should you invest in Liverpool?
Although the buy-to-let market has taken some bashes recently, mainly from a tax crackdown – it’s still seen as an attractive investment. As one of the UK’s most populated cities, and a core city part of the phenomenal Northern Powerhouse, Liverpool has a strong international reputation. Much of which is due to its history, music, cultural diversity, sport, industries and the way it’s leading universities perform.
With such a highly impressive list above, the question is who wouldn’t want to invest in property in this great city? Liverpool is benefiting from large-scale job creation and inward investment. According to the Office of National Statistics, Liverpool has one of the UK’s fastest-growing economies. And has a number of development plans in place to grow further.
Not only are house prices competitive, the regeneration of the city is attracting the interest of serious property investors.
Property investment in the city revolves around student buy-to-let accommodation and the residential buy-to-let market. A workforce of young professionals keen on long-term rentals in different parts of the city means investors in the latter category (residential buy-to-let) will see their investments flourish.
Plenty of money has, and is still, being pumped into building up the city. Big changes include new housing developments, purpose-built student accommodation, and significant transport infrastructure will attract more and more residents to the city’s housing market. And its factors like this that open up the buy-to-let market for investors eager to be part of Liverpool’s continued predicated growth.
Liverpool dominants the buy-to-let sector as shown in this chart from Totally Money.
Recommendations
The results above show the top three most profitable postcodes are all in Liverpool. The city’s L7, L6, and L15 postcodes (cover areas like Kensington, Edge Hill, Smithdown Road/Wavertree) have the highest average yields in the UK. Good news for landlords who have already invested in rental property in the city. And a great indicator for those investors yet to do so, which is why you can view our properties in Liverpool here at RWinvest.
Liverpool’s northern suburbs are excellent for creating high–yield portfolios at low cost, with fantastic transport infrastructure into the city centre. Anfield and Bootle, Sefton Park and Allerton have seen some of the region’s lowest house prices compared to more affluent suburbs across the UK.
Or, maybe, you’re an investor wanting to buy property in a completely different market such as student accommodation. Apart from City Centre dwellings, popular student postcodes and areas are L15 – Smithdown Road/Wavertree. L17 – Aigburth. L18 – Allerton/Penny Lane/Mossley Hill.
The combination of high rental yield with low vacancy rates due to the demand of the city’s 70,000 plus students has become an attractive prospect for investors. And the city has experienced huge growth in purpose-built student developments over the past ten years.
For information on property investment opportunities contact RWinvest on +44 (0)151 808 1250 Email: info@rw-invest.com or visit our website.