Liverpool’s rise and comeback has become something of a fairy tale. Both before and after the city’s 2008 Capital of Culture, investment has flowed freely into the city, taking it to new, unprecedented heights. An enormous regeneration project has rescued the city from post-industrial slump and become one of the leading lights of the Northern Powerhouse.
As a result, this city has become a beautiful and profitable place for property investment and one of them the top five cities in the UK for student property. Liverpool’s buoyant economy has brought many jobs to the city and with it many young professionals and graduates who are attracted by the untapped potential and prospects in one of the world’s most famous cities.
Liverpool Student Counts Mean Huge Returns For Investors
The University of Liverpool and other higher education establishments such as Liverpool John Moores and Liverpool Hope have played a key role in this revival. Liverpool now offers fewer than 70,000 registered students who want high-quality accommodation in a well-connected area.
As a result, student property at Liverpool is a shared commodity tremendous potential. Property investors looking to enter Liverpool’s student property market will be driven by low costs and high yields. Investors can expect to earn between 6% to 8% and with student numbers increasing year on year, demand will all the time be there for your property.
Properties like those owned by property investment specialists Investment RW snapped up and sold by investors looking to get into the basement of a city that will only grow.
Which Areas In Liverpool Are The Best To Invest In?
Liverpool is the sum of its parts. While the city center offers great views, affordable living, and much of bars, restaurants, and entertainment, the suburbs are also filled with great investment opportunities.
Toxtheth
Toxteth, and surrounding areas such as Dingle and the city’s famous Georgian Quarter, have benefited greatly from focused regeneration projects. A lot of the area’s old Victorian homes have been torn down and replaced with new developments, attracting new residents and new money.
For students, Toxteth offers easy accessibility to the city center either on foot or via diverse transport links. For regional investors provide low prices and yields of up to 8%. With further regeneration and development planned, and more and more students seeing the area as a beautiful and affordable proposition, there is a lot to be enthusiastic about for Toxteth looking to be a part of any property investor.
Kensington
Kensington’s regeneration and rejuvenation has been one of Liverpool’s greatest success stories. The L7 postal code has stepped back from the brink after years of neglect and a depressed local economy. Now, it stands as one of the most glamorous areas outside the city center.
Also includes Edge Hill and Fairfield, Kensington and the L7 area, like Toxteth, offering low prices to student property investors with yields of up to 9% in some cases. The L7 area attracts a lot of international students who are traditionally wealthier than their UK counterparts.
Liverpool City Centre
It goes without saying that Liverpool city center is a beautiful proposition to students and property investors alike, but the facts beneath the surface present an even more compelling case.
House prices in the L1 zip code area have risen beyond expectations in last few years. But even with the 40% increase this price is still below the national average. High-quality accommodation that’s in constant demand is a chance that student property investors cannot ignore.
With many planned regeneration projects running into hundreds of millions of pounds, prices and yields can only grow in the aftermath. The Liverpool Waters project is the biggest regeneration since the 2012 London Olympics. Switching to student property investment now in this area will pay big dividends in the years to come.