Investment Guide Liverpool 2021
H
igh rental yields, affordable property prices and impressive prospects for
capital growth together with a growing economy and population, within a city that has a unique appeal – Liverpool is a strong contender for investment in 2021.
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Why Liverpool? L
iverpool is a port city and has a diverse population that
makes it a wonderfully interesting city. It has previously been titled the European Capital of Culture. From music legends to sporting heroes, Liverpool has produced an incredible roster of talent over the years. Aside from being an important cultural centre for the United Kingdom the city is a credible prospect for investment.
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Economy L
iverpool’s economy is one
Liverpool to be the United
of the largest in the
Kingdom’s fourth largest port
United Kingdom and it
by tonnage of freight,
continues to grow.
handling 32.5 million tonnes per annum.
The local economy is dominated by the service
The talent pool in Liverpool is
sector industries, both
enticing to new employers
privately run and public.
moving to the area. Due to the increasing numbers
Large companies such as The
attracted to the city and
Very Group which includes
those choosing to make it
online retailers very.co.uk and
home once they’ve finished
littlewoods, have their head
their studies locally, over 40%
office in Liverpool.
of Liverpool’s population are under 30 years old.
The port remains to be incredibly important to shipping in the UK. The most recent recordings show 6
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Education T
here are 6 universities within
renowned Russell Group university
Liverpool and a total of
and highly ranked research
around 70,000 students in
institution that is associated with
attendance each year.
9 Nobel Laureates.
A total of 12 universities are
The universities produce more
within catchment of the Liverpool
than 30,000 graduates annually,
metropolitan region.
many choose to remain in the city, feeding into the local talent pool.
Amongst the places to study is the University of Liverpool, a
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Infrastructure N
ot only is Liverpool ideally
hours away and there are direct
located for transport
services to Manchester, Leeds,
connections, it is also of
Birmingham, Sheffield
significance due to having one of
and Nottingham.
the largest ports in the country. Liverpool John Lennon Airport Many companies strategically
and Manchester Airport are within
position a base of operations in
a 45 minute drive of the
the city to take advantage of the
city centre.
logistical infrastructure. Set for further improvement, There are 10 motorways within 10
there are talks underway
miles of Liverpool, this access
regarding high-speed rail links
means that most of the country is
with other northern cities.
no more than 4 hours away by road.
Liverpool is incredibly well connected by all modes of
Liverpool also enjoys excellent
transport; rail, road, air or sea.
train connections; London is just 2 10
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Regeneration L
iverpool is a thriving city and there are plans in
place to see regeneration continue on a big scale. The 5.5bn 60-hectare regeneration project, Liverpool Waters is perhaps the largest scale development in the pipeline. The new development will include a new cruise ship terminal and there is a proposal for a waterfront stadium for Everton Football Club. Furthermore this project is set to create around 17,000 new jobs.
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Liverpool property market
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I
n terms of affordability, Liverpool is amongst the lowest price investment
hotspots in the UK. This low entry point makes it an appealing addition to a diverse portfolio. According to Zoopla the average price paid for property is £178,785. Despite the pandemic price growth in Liverpool has remained relatively robust – 6.3% over the past 12 months. The North West region of England is forecast to see exceptional price growth over the next 5 years, the strongest growth of any region in the UK. Global real estate agent Savills have predicted that property prices in the North West will grow by 27.3% over the next 5 years. Comparatively London prices are forecast to grow by just 12.7% over the same period of time.
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Rental market
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L
andlords in Liverpool enjoy some of the highest yields
in the country with certain postcodes delivering an average of around 7% per annum and others even higher. Though the forecasts in terms of rental growth for 2021 are relatively flat through a period of post-pandemic adjustment, from 2022 onwards Jones Lang LaSalle around 3% rental price growth predicted each year over the next five years.
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Professional advice can make all the difference
T
he rental yields achievable in Liverpool are amongst the
highest in the UK, combined with the low property prices and the potential for capital growth, the city is ideal for buy to let investment in 2021. Choosing the right property to suit your unique position, future plans and selecting the best available investment in the current market is a challenge. The matrix of possibilities can make the process confusing, ill informed purchases have a negative impact on success. A professional investment consultant can ensure you make a well-informed decision when searching for and securing a buy to let property in the UK.
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