Liverpool is a vibrant British city full of possibilities and forward-looking ambitious plans. If you’re looking to start your investment property journey, Liverpool property market deals are easily one of the best options. Apartments for sale in Liverpool, UK are on the investor’s radar!
Most people have found investment in Liverpool to be a highly lucrative venture, and new building properties with guaranteed purchase to enable yields to be in high demand, providing your Liverpool property investment with excellent returns and stability. Why should you invest in Liverpool? Liverpool has some of the best buy to let properties to invest in.
High Cost & Low Prices
Liverpool is a perfect option if you are looking for a buy to let property with outstanding rental yield. Investment in Liverpool property boasts the country’s highest rental yields, with six Liverpool postcodes making the Totally Money list of the top 25 to let postcodes be purchased in the UK. The average rental yield in Liverpool is around 5.05 percent – much higher than in cities such as London with an average rental yield of 3.05 percent, and Southampton 3.55 percent. Further data reveals that the best UK city to own property and rent it out is Liverpool. Liverpool has one of the highest average rental yields in the country. Liverpool also has a 2.65 percent average rental price rise.
In 2020, some of Liverpool’s best postcodes are up for grabs when you invest in Liverpool. These are all well above the national average, raising Liverpool’s attractiveness for investment opportunities. When you’re wondering where to invest, some of the best options are within Liverpool.
Without the affordability of the Liverpool market, the impressive yields on offer would not be possible. Liverpool’s relatively low property prices are a big incentive to invest in the rental market in the city and make Liverpool investment an attractive choice for both first-time buyers and those looking to grow their investment portfolio. These low home purchase rates combined with the high rental costs that come from Liverpool, make some of the best rental returns in the world.
Is buy to let a good idea in Liverpool?
Most people wonder is buy to let worth it in 2020 and 2021, particularly as 2018 was such an unpredictable year for the UK real estate market. With a lower entry cost, the Liverpool property market can provide a lower risk investment strategy. It couldn’t be easier to invest in Liverpool because there are so many prospects for experienced property buyers out there.
What is the average price of a property in Liverpool?
According to recent data, the average price of a house in the UK is currently about £319,967 compared to the much lower average price of just £174,082 in Liverpool. Such low property prices offer investors to get more for their money compared to UK real estate investments in other regions, especially in London, where average home prices are about £671,989. Investors also found that they could get a couple of identical properties in Liverpool for the price of one London home, while still benefiting from high yields. With low property costs and a strong rental income, Liverpool is one of the best places to buy and let in the UK to invest.
High quality and affordable
Expertly built spaces providing stunning finishes at reasonable rates to optimize landlord yield and development potential.
Low operating costs
There is no need for money-sapping public services in the building with every amenity in the city at your doorstep. It minimizes service charges and neighborhood expenses, so you can optimize your NET profit.
Investing Equity in Liverpool
Liverpool has tremendous potential and is a top choice for UK buy-to-let investment for 2020 and 2021. Currently, Liverpool provides the best value of any big UK region. This saw some of the fastest growth in wealth in 2019 and is expected to gain from investment worth £14 billion.
What does Liverpool offer?
Liverpool is a dynamic city with great shopping centres, museums, and art galleries. Everything you would expect to find in a large city is there in abundance. Sports arenas and of course football is a hot topic of conversation. Concert halls bring in the big names in the music world and Liverpool is used for filming a wide range of soaps, films, and documentaries.
Large companies are moving lock stock and barrel to Liverpool to save on costs. In turn, their staff are relocating with them and are investing in Liverpool properties.
In short, Liverpool has plenty to offer the first time buyer or seasoned investor, who is looking for their next investment to add to their portfolio.