I am constantly researching the UK property market to identify areas of interest for investment. I thought you might like to take a look at the facts below which firmly position Liverpool as the preferred UK city of investment, above Manchester and London.
Please take a look at the following:
Private Finance Reports
Private Finance’s latest buy-to-let hotspots analysis has revealed that Liverpool is the UK’s top performing city experiencing average rental yields of 6.2% once mortgage costs are taken into consideration. This is not something which is likely to blow over considering Liverpool have held this position since May 2017 whilst Greater Manchester averaged rental yields of 5.9%.
Which City is Growing Faster?
Across England, Liverpool grew faster than Manchester and London in 2016. Liverpool’s economy grew faster than London, Manchester and any other major British city in 2015/2016, figures show.
Figures released by the Office for National Statistics (ONS) show that Liverpool enjoyed an economic growth rate of 3.1%, faster than any similar major city region in the country.
Liverpool has become the one to watch in 2018: “Liverpool was a strong contender in 2017 but 2018 will really be the year investors take note. Property prices are still low but creeping up slowly, so now is the time for investors to benefit from the strong capital growth predicted over the next 5 years. With the amount of investment being ploughed into the area, particularly the £5.5 billion Liverpool Waters project and £1.8 billion into the Knowledge Quarter, Liverpool is without a doubt a hotspot for investment.
If you have any questions or want to find out about the latest apartments we have available, please let me know.
Check out our latest top performing Liverpool project – ideal for the hands-free or remote investor…