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Property for sale in Liverpool
A city on many “one to watch” property investment lists, we’d argue that now is a great time to consider investing in property for sale in Liverpool. With a growing population and investment contributing to its growth as well as the title of a top-three city in the UK to start a business, there’s plenty of reasons investors should be looking to Merseyside.
Liverpool is one of the most iconic cities in England. From its musical and sporting legacy to its famously proud community, Liverpool is a thriving city packed full of opportunity. And its future for property investment is bright, thanks to relatively high rental yields, relatively low house prices, and multiple regeneration development projects.
Read on to find out our top reasons to invest in property for sale in Liverpool
Liverpool is an exciting Northern city with a long, proud history and plenty of assets that will enable it to meet its ambitions for the future. Liverpool is catching the eye of property investors, which saw increased interest due to relatively low house prices and high rental demand.
One of the Northern Powerhouse Cities, Liverpool is a big contributor to the UK economy and sits at the centre of the broader Merseyside Economic Area with a GVA of close to £14 Billion.
As the fifth-largest metropolitan area in the UK, Liverpool has a population of around half a million making it the country’s sixth most populous city. The wider catchment area puts 2.5 million people within reach, of which 1.4 million are working age.
With continual regeneration projects transforming the city centre, Liverpool’s population continues to increase at a steady pace, creating demand for housing and rental accommodation. With a growing economy, infrastructure and investment transforming the city, Liverpool makes an attractive case for investors looking to invest in property in the North of England.
These are only a few mentioned opportunities for property investment in Liverpool, and there are many more.
In 2020, Liverpool was named the 3rd best UK location to start a business and is home to businesses and industries from a wide range of high-value sectors.
With several excellent universities, Liverpool supplies businesses with a steady pipeline of skills, and as the city develops, it continues to be an attractive place to work. The Liverpool City Region is one of the UK’s leading financial centres. It is also the largest wealth management centre outside of London, and home to over 650 major law firms.
City centre regeneration, a large student population, and a growing job market all combine to make Liverpool popular with investors. In recent years, it has bounced back from the decline suffered during the 1980s and is now a thriving cultural centre of the north. Liverpool is also one of the most important cities within the Northern Powerhouse.
Comparatively low real estate prices and high demand for rent make this city a great choice for investors when it comes to investing in property for sale in Liverpool.
There are many reasons why Liverpool offers such great value, of property, for both residents and investors. As is typical with much of the North, prices in the city are considerably more affordable than property in the south, particularly London – the average price over the last year being £191,058.
Walking through the streets of Liverpool, you’ll see stunning architecture from the 16th century right up to modern styles, displaying the rich history of the area. In fact, several areas of the city centre became UNESCO World Heritage Sites in 2004. With such a wide array of designs on display, Liverpool has become the most filmed location in the UK outside London. This former European Capital of Culture is also home to a buzzing music scene with a long history of famous bands, most notably The Beatles. With music being such an integral part of the city, Guinness World Records has named Liverpool the World Capital City of Pop.