Though investors have historically focused on London and South England, in recent years the attention has increasingly shifted towards the North which promises superior value and future growth. Amongst the north's major cities, Liverpool is one which really stands out.
Interest in Liverpool’s buy-to-let market is well-placed. The city was named the European Capital of Culture in 2008, and has since experienced significant progress and growth.
Each year, billions are being invested into the city’s infrastructure, housing and business landscape. Extensive regeneration efforts for the future are merging with he city’s vibrant music, cultural and sporting heritage, making it a great place to live and visit.
A growing population enlivened by young professionals and students is surging rental demand, with properties in the most central areas particularly sought after. The price of a property in Liverpool is currently lower than in other investment hotspots. According to Zoopla, it’s just below £200,000 whereas nearby Manchester's average price stands at £253,000.
These characteristics serve investors a recipe for returns. Affordable prices and room for growth, open the door to creative strategies such as buy-refurbish-refinance, and strong rental demand leaves investors set to achieve fantastic rental yields!
If you'd like to learn more about Liverpool, the strategies that work well here, and how they can meet your investment goals, get in contact with the team today.
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