Why Invest in Liverpool

Liverpool is fast becoming one of the top locations in the UK to invest in property and is attracting a multitude of international investors. We’ve put together the top 5 reasons why Liverpool is proving to become the UK’s number 1 as a place to invest in.Liverpool is attracting the attention from international investors from around the world due to its impressive business and property sectors. A surge in the property development market has seen a rush from international investors to areas of the city which are receiving regeneration, alongside up-and-coming areas. Here are 5 top reasons why Liverpool is attracting international investors.

  1. Regeneration

Liverpool has been pouring money into developing bigger and better attractions and the skyline has been awash with cranes for years, developing a superior range from stunning new tourist attractions to ultra-contemporary commercial and residential properties. These areas bring with it lasting and long-term benefits to the city as a whole.

A key area of the city that’s undergoing significant development is the Knowledge Quarter, which is receiving over £1 billion investment and is the center of a brand-new transport infrastructure system that’s been named Lime Square and is currently being compared to its New York counterpart, Times Square.

  1. Under supply of housing

Liverpool built homes at an average rate of 713 per year (from April 2009 to March 2016), which compared to a Home Builder Federation (HBF) estimate, the city needs to build 3,000 homes a year to keep up with demand.

  1. Young demographics

The city has three main universities (University of Liverpool, John Moores University and Hope University) and two specialist higher education establishments; Liverpool Institute of Performing Arts and Liverpool School of Tropical Medicine. In the past couple of years, the number of people who are studying at the main establishments has climbed impressively.

In the current academic year, it was reported, there are as many as 60,000 students studying at universities in Liverpool. This is significantly higher than the 50,000 that was recorded in the year before, and it’s a figure that is only likely to rise in the September 2019 academic year and beyond.

  1. Economic strength

Liverpool is undergoing a rapid transformation, the creation of multi-billion investments and the government’s Northern Powerhouse initiative have helped to secure the city’s future economic growth, that will ultimately boost demand for housing in the city.

According to a JLL report, ‘City and Submarket House Price Growth’ House prices are set to rise 22.8% between 2017 and 2021. According to Zoopla (the property portal) the current average house asking price is £162,355, the currently weekly rent is £173 and the average rental yield is 5.54%.

  1. Tourism potential

Tourism attractions in Liverpool are second-to-none, with the likes of the UNESCO World Heritage Site, Liverpool One and The Beatles’ Story, it’s no surprise Liverpool’s tourism sector’s worth £3.8 billion. Liverpool attracts more than 54m investors each year and the city has just under 50,000 jobs supporting the tourism sector.
International investors can take full advantage of this fantastic city and can invest in affordable properties with good rental yield.