Buying property in Liverpool 8 reasons to invest today

If you are planning to rent out your property for short or long-term stays, then it is important to buy in a popular area. This will ensure that you get a steady flow of tenants and a stable income.

In that case, buying property in Liverpool is a great option. Let’s take a closer look at why Liverpool is such a great place to buy property at the moment.

1. A strong and resilient local economy

Liverpool has developed into one of the most dynamic economic centres in the country. It is the fifth largest metropolitan area in the United Kingdom and employs more than two hundred fifty thousand people. New businesses and industries continue to move into the region which keeps demand for housing strong. This supports property values and occupancy rates and creates ongoing demand from business travellers who prefer modern serviced apartments.

2. A base for high value industries

Liverpool is home to major employers and well known global brands. Companies such as Jaguar Land Rover, AstraZeneca, and Nestlé Health Sciences operate in the region. The city’s universities attract researchers, innovators, and start ups. Film and television productions also use Liverpool as a regular location. These sectors bring in thousands of professionals every year who look for comfortable home style accommodation which increases rental demand.

3. Excellent value for money compared with other major UK cities

Liverpool offers some of the most competitive property prices in the country. Buyer interest has climbed significantly in recent years. When compared with other cities that offer a similar mix of culture, employment, universities, nightlife, transport links, and international connections, Liverpool consistently stands out as more affordable.

A two bedroom house in Liverpool can cost around one hundred twenty five thousand pounds. In London, a similar property can cost more than three times that amount. This makes buying property in Liverpool far more accessible for first time investors.

4. Strong rental yields

Liverpool frequently ranks as one of the best cities for rental yields in the UK. Average yields sit around five percent which is higher than many other large cities. This is partly due to the large renting population and the steady stream of domestic and international visitors. Whether you choose long lets or short stays, you can expect good performance and reliable occupancy.

5. A major tourist destination

More than sixty seven million visitors come to Liverpool each year. Tourists include music fans, cruise passengers, football supporters, and international travellers who want to explore the city. This level of visitor activity creates excellent potential for short stay rentals throughout the year. You can enjoy your property when you want and host guests during the remaining dates.

6. A large student population

Liverpool has three major universities and more than seventy thousand students. This creates consistent demand for long term rentals throughout the academic year. Investors can rent from September to June then switch to short stays during the summer months when tourist activity is at its highest. This approach helps maximise occupancy and revenue.

7. Ongoing regeneration and large scale development

Liverpool is a growing city with continuous investment. Recent projects include the Knowledge Quarter, Ten Streets, and Liverpool Science Park. These developments increase employment, attract new residents, and improve local infrastructure. Regeneration supports long term capital growth which benefits property investors planning to hold their assets for several years.

8. Excellent national and international connections

Liverpool is one of the best connected cities in the north of England. Trains link the city to the rest of the country including a direct route to London that takes just over three hours. The city has an international airport with a wide selection of global routes and ferry services that connect the city to Ireland and parts of Europe. The Merseyrail network also makes it simple to move around the wider metropolitan area. Strong transport links support both tourism and business travel which boosts rental demand.

Best areas for buying property in Liverpool

Liverpool covers more than forty square miles so choosing the right location is essential. The average nightly rate for proprieties in Liverpool is $206, with a robust occupancy rate of 39.2%. This shows that the city attracts a reliable flow of visitors throughout the year which strengthens the appeal of investing in short stay accommodation.
Here are some of the areas that attract both investors and renters.

 

Kensington

Located on the fringe of the city centre, this area is a great spot for visitors and local residents.

It is well-connected to the local hospitals and businesses, making it ideal for professionals. But it is close enough to the city’s main attractions to bring in tourists as well.

Because of this, property prices in this area have seen a huge increase in the last few years and this shows that your home will hold its value over time. The average property price in Kensington over the last year was £100 – £120.

Toxteth

Toxteth is the inner-city area of Liverpool, located just south of the city centre.

There is a variety of housing available here, from terraced properties to larger period homes. A lot of Victorian properties are also divided up into smaller flats if you are looking for a cheaper investment.

This area of the city is seen as very “up and coming”, which means that house prices are set to sore here in the coming years. So it offers amazing returns on your investment.

 

Bootle

North of the city centre, Bootle sits in the L20 area of the city. It has amazing transport links and plenty of HMO properties.

If you are working on a tighter budget then Bootle is a great area to look for properties. The average property price in the last year was £194,000.