The Property Market in Liverpool
Liverpool is a city that is set to redefine itself, with over 270 major new projects planned and £14 billion worth of schemes. The numerous development and regeneration projects across commercial, residential, infrastructure, and leisure are set to redefine Liverpool’s economy, and there is a high demand for new build properties that will provide both excellent returns and stability.
What's more, Liverpool is extremely popular, making it a great buy-to-let investment city. The city has one of the UK’s fastest-growing property markets, offering investors higher-than-average yields and strong capital gains. Investors looking for apartments and flats to buy in Liverpool can find a variety of options to suit their preferences and budget.
Properties in Liverpool had an overall average price of £218,309 over the last year. Most sales in Liverpool during the last year were semi-detached properties, selling for an average price of £234,347. Terraced properties sold for an average of £159,209, with apartments fetching £145,027. Overall, sold prices in Liverpool over the last year were 6% up on the previous year and 17% up on the 2020 peak of £186,383.
Generally considered one of the UK's most loved cities, Liverpool has a rich cultural and historical heritage, famed for being the birthplace of The Beatles, the home of two world-class football teams, and one of the country’s largest port cities. The city has the most extensive collection of museums and galleries outside London and is the UK’s fifth most visited tourist destination by overseas and domestic visitors.
Over the last 20 years, Liverpool has transformed itself from a declining port and manufacturing city into a buzzing, cosmopolitan city that is leading the way in scientific research and development and establishing itself as a location for start-up businesses. Luxury properties in Liverpool are in high demand, and investors should consider buy-to-let opportunities to take advantage of high rental yields and strong capital growth potential.
Developments Map View
In the last three years alone, average house prices in Liverpool have increased by a substantial 17%
According to JLL, the region is predicted to see a 18.6% house price growth on average by 2026. This is the highest expected growth of any UK region, with the overall UK average standing at 17.4%.
Average apartment rents according to home.co.uk are £1,479pcm, houses
Rental growth expected to rise by 9% between 2022 and 2024