If you’re selling a house in Liverpool then it’s possible that a fast house sale will be easier than you imagined.
Liverpool is thriving.
With its city planning, easy commuter options, and big business setting up in Liverpool it’s an investor’s hot spot.
Of course, Liverpool is a pretty big city and the tenth-largest English district by population. So, whilst your chances of selling overall might be good, it’s worth remembering that the area your property is in will impact your chances of a fast house sale in Liverpool.
Property buyers are buying to let in Liverpool
Because Liverpool has so much to offer and the fact that more U.K. citizens are opting for rental property over property ownership, property buyers are interested in buy-to-let opportunities. It’s a fairly safe strategy as the U.K. has seen a consistent rise in renters and nowadays more people are opting to live alone, which puts a greater demand on the need for property.
Why people are investing in Liverpool
Liverpool has received huge regeneration over the few years. For U.K. property buyers have been incredible opportunities like Liverpool properties selling for £1!
It’s not just residential areas that have been set up for regeneration, but the city itself.
In a bid to recover the city after the economic decline during the 70s and 80s, Liverpool City has had some major developments such as the regeneration of Albert Dock. Albert Dock is now a flourishing area of Liverpool – a tourist attraction with shops, bars and restaurants. It is no longer an average riverside location, but a thriving part of the city which offers fabulous city views of tourist attractions like the famous Three Graces!
Liverpool is a city of culture
Liverpool has a lot to offer its habitants. It is home to several U.K. attractions like:
- Royal Albert Dock
- The Beatles Story
- Liverpool Football Club
- Art galleries
- Museums (many of which are free)
It is also close to green spaces like Sefton Park, Calderstones Park, Croxteth Country Park and many more.
For the city lover, Manchester is less than 1 hour away by train. What’s better is that there’s a campaign to benefit Liverpool and the city in an attempt to bring more economic growth to the city. This campaign aims to better link Liverpool to train networks to deliver better transport connections, more capacity for passengers and quicker journeys, which is ideal for the commuter. Frank Rogers, Chief Executive of Liverpool City Region Combined Authority said: “High-Speed Rail is a fundamental part of a much wider strategic transport plan for the entire City Region”.
Everton Stadium development
Liverpool is renowned for its football and for the Everton fan, there’s an exciting development at the stadium.
Plans to work on the Bramley-Moore Dock Stadium are set to take place in 2021.
There are some major changes, estimated at £500million. Changes have been reported by Liverpool Echo as including:
- Removal of a multi-storey car park in place of a stepped plaza added
- A new car park with disabled spaces located at The West Quay
- Addition of solar panels
- A reduction in the stadium roof to meet Liverpool City Council’s guidance on World Heritage Sites
Student accommodation in Liverpool
Liverpool is a city home to thousands of students. Property investors from across the globe invest in Liverpool property as part of their investment plan to house children who were to study in the U.K.
The two universities, The University of Liverpool and Liverpool John Moores University attract national and international students.
The University of Liverpool unveiled plans to launch a £1billion, 5-year estate plan which would include:
- Development of a £23m showcase building for the School of Architecture
- A new £42m Electrical Engineering and Electronics facility
- Enhancements to the Veterinary Institute facilities
- A new multi-storey car park
- Creation of a new University Park opposite Liverpool Metropolitan Cathedral
For property sellers in Smithdown Road and Wavertree, it might be worth holding fire before you decide to sell or consider letting the property as student accommodation. This major investment into the University could encourage an influx of students and therefore student lets. Since Smithdown Road and Wavertree are student hot spots, student homes in this area will become increasingly desirable.
Liverpool property stats
- According to, the average price for a home in Liverpool was £173,155 over the last 12 months
- Firstmortgage report that the most expensive area in Liverpool is Formby, Little Altcar and Great Altcar; the L37 postcode. It could be due to the desirable location—just 30 minutes from the city centre by car and close to the coast too.
- Average housing prices in L37 postcode surpass £300,000
- The cheapest area in Liverpool is the L4 postcode: Anfield, Kirkdale and Walton districts.