The Top 6 Postcodes for Property Investment in Liverpool
Again Liverpool has recently topped the topped the charts in TotallyMoney.com’s list of property investment hotspots, boasting a total of six postcodes featuring in the Top 25 of best areas to invest in Liverpool property. Liverpool’s L1 city centre postcode took the top spot with 10%. According to their research, the best postcodes in the city currently are:
But how much do you know about each of these areas in Liverpool? Here we explore each postcode to bring you the highlights and things to know.
Invest in Liverpool Property – The Top 6 Postcodes
L1 – Liverpool City Centre
It’s quite understandable why L1 would be the top postcode, not just in Liverpool, but in the whole of the UK. Encompassing the vibrant city centre, L1 is home to a wide range of bars, shops, restaurants and attractions, most notably the iconic Liverpool ONE shopping and leisure complex. As you’d expect, there are also excellent transport links, including the city’s main train station Liverpool Lime Street. Two particularly prominent areas within this postcode are the Baltic Triangle, Liverpool’s buzzing tech hub, and the historic Ropewalks district, where fantastic new residential developments such as Vincent House and BeBold can be found.
- Current Average Property Prices: £146,469
L2 – North Liverpool City Centre
This small postcode covers key areas of the north of Liverpool city centre, and includes famous landmarks like the Cavern Club. The area is home to Moorfields Station and numerous hotels, bars and restaurants. The postcode borders The Business District.
Many new refurbishments of listed buildings have sold out in the the L2 postcode and it is certainly an area in high demand for those wanting easy access to all that the city centre has to offer.
- Current Average Property Prices: £170,432
L3 – Vauxhall, Everton, City Centre and the Docklands
This sprawling postcode covers a vast stretch of Liverpool’s docklands area, as well as parts of Everton and the up-and-coming Vauxhall district. L3 curves around to the top part of the city centre, making it home to the University of Liverpool and much of Liverpool’s Knowledge Quarter.
Much of this postcode has seen massive regeneration over the last decade or so, and continues to do so. The multi-billion pound Liverpool Waters project is set to breathe new life into Liverpool’s docklands, transforming the area into 21million sq.ft of new commercial and residential space, including an array of shops, restaurants and bars alongside four hotels, 23,000 apartments and the future stadium for Premiership team Everton FC. Exciting new developments include Alexander Tower.
- Current Average Property Prices: £180,652
L6 – Anfield, City Centre, Everton, Fairfield, Kensington, Tuebrook
This one postcode encompasses parts of a large number of suburbs, as well as the edge of the city centre. Kensington, which is shared with neighbouring postcode L7, features a collection of streets named in honour of Liverpool’s most famous export, The Beatles, including roads such as John Lennon Drive, Paul McCartney Way, Apple Court and Cavern Court. L6 is also home to the leafy Newsham Park, a 121-acre Victorian park that features Grade II listed buildings, a fishing lake and a children’s play area.
The park is a key attraction for local families. Due to its close proximity to the University of Liverpool, Liverpool John Moores University and the Knowledge Quarter, this area has also become a popular student quarter. This, in turn, may have caught the eye of those looking to invest in HMO-style student housing.
- Current Average Property Prices: £89,436
L7 – City Centre, Edge Hill, Fairfield, Kensington
Sitting alongside the L1 and L6 areas, this postcode skirts the edge of the city centre and is home to the Edge Hill district, but also features parts of Kensington and Fairfield. In 1979, Edge Hill was designated as a Conservation Area, thanks to the array of Georgian houses there. In particular, many of the Georgian property surrounding the historic St. Mary’s church have been English Heritage listed. The world’s oldest working passenger railway station can also be found in Edge Hill, having opened in 1830. Following a revamp in 2009, some of the historic station buildings were transformed into the Metal Arts Centre which hosts a wide range of artistic events and exhibitions.
Whilst the famous teaching institution that bares the suburb’s name, Edge Hill University, was founded in the area, it moved to a new site in Ormskirk in the 1930s. However, L7 is close to two of Liverpool’s other universities, making it another popular choice for students.
- Current Average Property Prices: £100,787
L15 – Wavertree
This outer suburb of Liverpool makes up the whole of the L15 postcode. Wavertree is another area that is densely populated with students – particularly the Smithdown Road area – again thanks to three of the city’s universities being nearby.
There are also several good schools in the district, including the distinguished Liverpool Blue Coat School. The Wavertree Playground, known locally as ‘The Mystery’ due to its anonymous benefactor, was one of the first purpose-built public playgrounds in the UK. It is now also home to the Wavertree Athletics Centre, whose sports facilities include tennis courts, an all-weather pitch, an athletic track with grandstand, and Liverpool Aquatics Centre. This combination of factors means the area is also popular with families. Historic buildings found in Wavertree include the Roundhouse (built in 1796) and the Wavertree Town Hall (built in 1872).
- Current Average Property Prices: £146,895
Think Liverpool might be the right place for your next property investment?