Why Liverpool?

Liverpool is world famous for the Beatles, Liverpool Football Club (and Everton of course) and even the ferry across the Mersey. What it isn’t so famous for is something that will appeal to shrewd property investors everywhere – low property prices and excellent buy-to-let rental yields...

Liverpool suffered from an economic decline in the 70s and 80s but there’s been massive regeneration over the last two decades and more is planned.

 

Some of Liverpool’s past regeneration projects include the Albert Dock with its shops, bars and eateries and the renowned Tate Liverpool art gallery and museum.

 

The once-derelict riverside area has also been transformed into a smart waterfront where visitors can admire the famous Three Graces, visit the impressive Museum of Liverpool or take a trip on the ferry across the Mersey.

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So what of Liverpool’s newest regeneration plans? These include Liverpool Waters – a 60-hectare regeneration project with five new neighbourhoods including new homes and commercial space.

 

Plans have also recently been passed for a new Isle of Man ferry terminal and a new cruise ship terminal. Liverpool now receives around 100,000 cruise ship visitors every year boosting the city’s economy.

Everton Football Club have plans for a new 52,000 seater stadium at Bramley-Moore Dock. It’s expected this will regenerate and boost the property market across the entire area.

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There are also early plans for a high-speed railway to Manchester and Leeds, which could make Liverpool much more accessible and attractive for business investment.

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Liverpool’s key industries include chemicals, food processing, business and financial services, retail, tourism and motor manufacturing. Liverpool is a major port city and the port is being expanded further which should bring more trade and more jobs.

 

Under development at the moment is the Knowledge Quarter Liverpool. The aim here is to develop the life sciences, innovation and higher education sector and bring more jobs to Liverpool.

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The City of Liverpool itself has a population of around 484,500 but the wider Merseyside area has 1.4m. So investors looking for a Liverpool property investment might also consider Merseyside property in the adjacent boroughs of Knowsley, Sefton and also Wirral across the River Mersey.