Why Invest In Liverpool
Liverpool: Investment Hotspot
Liverpool has been undergoing extensive regeneration since 2004, when Grosvenor Estates pledged £1 billion to redevelop its centre into a shopping, residential and leisure complex. By 2008, when the first parts of the Liverpool One project were completed, the city had already earned well-deserved recognition as a European Capital of Culture. Today it is one of the most popular shopping destinations in the UK.
The average price of a property in Liverpool city centre last year was £135,061. That is six per cent higher than the previous year, yet still well below its 2008 high – right before the financial crisis – when the average was £175,423. That paints an attractive picture for any would-be investor.
Liverpool is right in the thick of a property boom. The city is enjoying one of the most prosperous and advantageous periods in its history after a decade of heavy investment, interest and subsequent growth. Since the unqualified success of its European Capital of Culture year in 2008, Liverpool has become a vital and intriguing cog of the Northern Powerhouse machine.
High Yield & Constant Demand
One of the secrets behind Liverpool’s return to the big time lies in its low property prices. Liverpool property is performing incredibly well when compared to other regional and city markets.
Coupled with its stellar rental yields, Liverpool current property market is in disgustingly good health. Of the UK’s top ten buy-to-let hotspots, three Liverpool postcodes occupy the top ten positions, including first and second place. Areas in L7, L6 and L1 vastly out-perform area in Edinburgh, Manchester and Newcastle.
Facts
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11.5% Average Rental Yield in Liverpool
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4.4% is the average rental yield in the UK
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200% City Centre population doubles over the past decade
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66% homes are privately rented in City Centre
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23% rental growth for student accommodation in 2017
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19% increase year on year in property demand
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17.6% forecast growth for 2018-2022
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19.3% forecast house price growth 2018-2022