Liverpool has recently been named as a property investment zone and for all the right reasons. In today’s highly competitive financial markets hungry for a greater share of investor’s pie, finding properties with low prices and consistently higher rental yields is no less than a blessing. Liverpool, fortunately, offers both.
The Dynamics of Return
The value of a property is derived from the available players in the market, their credibility, and affordability. Liverpool offers a unique combination of them all. It has specifically become a favorite for buying properties. With a large student population (estimated 70,000 plus) the owners have little to worry about the rental income. It is considered one of the favorite cities by students and this attribute makes it rank higher on the league table as a hot spot. Moreover, the graduating student population is transitioning into young professionals with digital startups, thus digitizing the city’s economy while ensuring a steady inflow of visitors.
The Liverpool City region has been attracting investments from world-renowned multinationals like Deutsche Bank, Jaguar Land Rover, and Unilever. The city is experiencing an unprecedented high growth rate in new businesses.
The Northern Powerhouse initiative has led to a considerable number of urban regeneration activities in Liverpool. Projects and developments like £5.6 billion Liverpool Waters, £350 million Liverpool 2 port expansion, £150 million Project Jennifer, the £1 billion Liverpool ONE Shopping Centre and the £260 million Anfield Stadium Regeneration have improved the prospects of
the city as an investment hub. Another project, Knowledge Quarter Liverpool has £1 billion already invested in creating an academic nexus in science, health, technology, culture, and education. This particular project guarantees Liverpool’s rank as a major university city. The Purpose-Built Student Accommodation (PBSA) has already set the stage for investors. All of these are long-term projects spanning 10 to 20 years and are expected to enhance the pace of growth in the city.
Liverpool has been ranked as UK’s top buy-to-let investment location yielding maximum returns by Private Finance and Totallymoney.com in 2017. Further adding to city’s scores is the vote by Rough Guides in 2014 for being the best city in the world to visit. Also, two main locations: RopeWalks and Baltic Triangle were enlisted in top 20 hippest places in the UK. Liverpool also proudly hosts the nation’s largest open-air shopping area, Liverpool ONE.
It is not just these modern developments that make Liverpool a lucrative investment. It is an iconic city and a cultural hub. It has been home to libraries, museums, theatres, and cathedrals. Some of the famous landmarks include The Liver Buildings, historic docks and home of The Beatles. The city offers a very happening lifestyle and undoubtedly deserves all the rewards.
So if you are considering Liverpool as a possible investment option, wait no more and reach out to RWinvest. They have more than a decade of experience in real estate and have been leading the market for property investment in the UK quite efficiently too.