Liverpool, the city itself, has been named as the third best location to start a business in UK. It is indeed a business hub and one of the Northern Powerhouse cities in the country that has a higher-than-average economic growth ratio during the recent years.
If you are looking for a buy-to-let property with promising rental yield in UK, Liverpool must be one of your top choices on the list.
Many investors have found investing in Liverpool properties can be a highly profitable due to its stable growth of properties value, rental return as well as newly built properties offering guaranteed buy-to-let yields.
Liverpool property investment boasts the highest rental yields in the country in which totally 6 postcodes in Liverpool make their place in the top 25 buy-to-let postcodes according to the research report in the UK.
Let’s dig into further and find the reasons behind why buying Liverpool properties is a profitable investment.
If you type in google for “Liverpool”, you will very possibly find that the top search results will be relating to the Premier League Soccer Club Liverpool FC. The club has contributed a lot to the city economically directly through its spending and tax as well as indirectly like tourist activities.
Yet, Liverpool, the city itself, has been named as the third best location to start a business in UK. It is indeed a business hub and one of the Northern Powerhouse cities in the country that has a higher-than-average economic growth ratio during the recent years.
Therefore, if you are looking for a buy-to-let property with promising rental yield in UK, Liverpool must be one of your top choices on the list. Many investors have found investing in Liverpool properties can be a highly profitable due to its stable growth of properties value, rental return as well as newly built properties offering guaranteed buy-to-let yields. Liverpool property investment boasts the highest rental yields in the country in which totally 6 postcodes in Liverpool make their place in the top 25 buy-to-let postcodes according to the research report in the UK.
Let’s dig into further and find the reasons behind why buying Liverpool properties is a profitable investment.
Low Property Price
Although Liverpool has been one of the thriving cities in northern part of UK, it still has a lower-than-UK-average house prices. Their relative low property price has drawn enormous interest of buyers from local as well as overseas. Therefore, predictions estimate that there are plenty room for the city’s property price to catch up with the neighbouring city like Manchester and other popular cities like Birmingham, Oxford and even London.
Growing Demand of Student Accommodation
Liverpool not only has the well-renowned soccer club, but also has some of the world famous universities. That makes the city’s student property become the fastest growing sector of the property market in Liverpool.
The University of Liverpool, Liverpool John Moores University, Liverpool Hope University and Edge Hill University produce an annual pipeline of more than 30,000 graduates.
Thanks to the growing number of student tenants looking for quality accommodation in Liverpool, property investors can sit tight and expect very stable rental income. As the number of university students on the rise, there is strong support for the property market that one can see the on-going demand and rising rental income.
Demand for accommodation in Liverpool remains a shortfall as the growing number of students out beat the increase of available property for rental purpose.
Best Rental Yields
In October 2019, Liverpool was named the best location in the UK for buy-to-let yields, with six of its postcodes, in particular, boosting the annual yield from at least 7.4% to 10.3%. Its property yield is one of the highest in the UK and looks way too profitable as compared to London’s 3.0%.
City’s Big Transformational Plan
Liverpool is a thriving UK city full of opportunities and big plans for the future. During the last 2-3decades, the city has undergone tremendous transformation and very rapid regeneration.
To name a few, we can see that Prince’s Dock is being transformed by a £5 billion investment. The dock which is on the River Mersey, England, and part of the Port of Liverpool, is the southern docks situated in the northern part of the Liverpool dock system. The dock is now in the buffer zone to one of Liverpool’s World Heritage Sites. A £400 million Deep Water Terminal being built in the dock will allow the port to take 95% of the world’s largest ships, and there is over £1 Billion investment in port and infrastructure overall to help Liverpool capitalise on its proximity to four of the world’s top six shipping lanes.
Also, in the near future, Liverpool will have some of the UK’s more ambitious infrastructure schemes as follows: Liverpool2 deep water port terminal (phase 2), Liverpool Waters and Wirral Waters mixed-use development, New Royal Liverpool University Hospital and Health Campus . . . etc. Each of these new developments and investment scheme will surely brings jobs and upgrade the city in all aspects of life. Needless to say it will to a very large extent, increase the value of Liverpool property market and hence, creating a perfect window for investors to grab the very opportunities for property investment there.
To conclude, 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. One of the reasons Liverpool is so popular as a buy to let investment city is because property prices in Liverpool are significantly lower than those in other UK areas. Liverpool started catching the eye of property investors, particularly in 2020, which saw increased interest due to relatively low house prices and high rental demand.
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 are plenty of reasons investors should be looking to Merseyside. If you are looking to start your property investment journey, the property market Liverpool offers one of the best and easiest choices.
If you’d like to find out more about why you should invest in Liverpool, make sure you one of our property specialists for a free and detailed consultation. With our company’s decades of experience, detailed research and statistics and proven successful property investment track record, we take an in-depth look at why investing in Liverpool can be your best choice in the coming few years. Call us today and we will tell you why smart investors, both local and overseas are considering Liverpool market in 2022 and beyond.