The Liverpool property market is a far cry from the catastrophic lows of the 1980’s. It is very much a property market on the up.
In the 1980’s people were leaving the city in droves, the city centre resembled a bomb site and Henry Enfield was famously mocking us with his ‘calm down’ sketches (google it if you are unsure of the image!).
Then something miraculous happened, we were given Objective One status from the EU. Since then over 2 Billion in funding has flowed in from this source.
This was the catalyst which has helped transform the Liverpool property market. I’m from Liverpool, so I have seen at the first hand this transformation.
A property market will rise or fall depending on how well the local economy performs, put simply the stronger the local economy the stronger the property market. The Liverpool property market is no different.
Once a city’s economy begins to ‘buzz’, as night follows day, the property market will also begin to buzz. What’s the evidence that the Liverpool economy is buzzing?
So yes the Liverpool economy is buzzing and now it’s time for the Liverpool property market to buzz too. The signs are there already.
But Liverpool still has a lot of catching up to do, which may suggest this is very much the right time to invest in the Liverpool property market. Liverpool still has not reached the peak levels it was at in 2007.
George Osbourne, talks about the Northern Power House and Liverpool is a big part of this.
When you consider all the above, you too may consider Liverpool of the best places to invest in buy to let in the UK.
Deciding where to invest is half the battle. The investment market in Liverpool is varied. See my other posts for a more detailed analysis of the different investment markets and properties in Liverpool such as Rental Property Investment In Liverpool.
And ensure you have the right person and/or company on hand to correctly manage your investment property in Liverpool. Think about this before you invest not after!
Full time property investor and owner of Potential2lettings
Potential2Lettings (letting agents covering Liverpool, Ellesmere port and Chester)