With Liverpool’s evolving landscape giving way to a range of lucrative opportunities, new and seasoned property investors alike would do well to watch this region.
The strength of Liverpool’s economy has sparked a significant increase in demand for city centre property, so we’ve put together a list of some of the top reasons why this region is a must watch for property investors.
Inward investment and the Northern Powerhouse initiative have reshaped Liverpool, with it now rivalling some of the UK’s most well-known cultural hubs. Positioned only around 6 minutes from Orleans House is a prime example of this. Liverpool ONE – an exciting regeneration of over 170 stores, bars and restaurants – has transformed the city into a sought-after destination for the city’s newer, younger demographic. The Ten Streets project aims to take this even further by providing a stunning platform for theatre, music, cultural expression and performance, all framed in beautiful urban design.
Far more than just a leisure destination, Liverpool has also been transformed into one of the UK’s major leaders in big business. The Knowledge Quarter houses some of the world’s most influential players in science, health and technology, and fields from STEM to logistics have all enjoyed significant growth thanks to a £1 billion investment in Liverpool’s Super-port. This has created opportunities in a wide range of exciting and innovative sectors, drawing a rising number of professionals to the city.
Capital growth and rental demand are set to follow suit with Liverpool’s vibrant economy and cultural stage, making conditions in the region ideal for property investment.
Past, present and future regeneration projects have given a substantial boost to Liverpool’s employment market. According to CV Library, the city has witnessed a 23% increase in vacancies, more than any other UK city. First class employers like Deutsche Bank, Jaguar, Land Rover and Unilever are flocking to Liverpool, establishing business commitments that generate high skilled and well-paid jobs. This has made Liverpool increasingly popular among young professionals looking to kick start or refresh their careers in a dynamic location, boasting far cheaper living costs than popular areas like London.
Liverpool is also home to a vast student population of 60,000 spread across four prestigious universities, which produce 16,500 graduates per year, many of whom remain in the city after graduation to join its bustling workforce.
This has led to the city’s population soaring to almost half a million, supporting an economy worth more than £149 billion. Among this population is a demographic of wealthier, more mobile city centre tenants, the needs of which are not being met by the market’s current housing stock.
Long Term Investment Potential
The tremendous growth that Liverpool has experienced is reflected in its investment potential, with the region growing in popularity among professionals looking to rent in the city centre. The existing housing market isn’t catering to the needs of this new demographic, creating a growing demand for new purpose built rental property. This has turned Liverpool into one of UK’s top 10 destinations for buy-to-let investment, securing the top spot for buy-to-let yields in 2016.
Liverpool’s low house prices and mortgage rates combined with its high price inflation have also pulled in property investors seeking an alternative to the plateauing growth of London and other southern cities. This growth is set to continue according to JLL, who predict that property prices the region will see an increase of 22.8% until 2021. With strong financial gains on the horizon for Liverpool, now is the time to invest in this emerging northern powerhouse.
Orleans House is a spacious sanctuary comprised of a stunning collection of 71 studio, one, two and three-bedroom luxury apartments – perfect for capitalising on Liverpool’s thriving market. Each expansive apartment is thoughtfully designed around vast elegant windows illuminating the modern finishes, giving potential tenants a sophisticated space to relax and entertain. Residents also benefit from the development’s s central location, with restaurants, shops, amenities and transport links all on their doorstep.
Nestled in the heart Liverpool’s bustling commercial district, this Grade II star listed property offers the potential for strong yields in a prime central location. Investors will also benefit from anticipated yields of up to 7% and a premier guarantee building warranty.
Contact us to register your interest: http://www.orleanshouseliverpo…