Located in North West England, the historic and thriving city of Liverpool has been completely rejuvenated in the past decade.
For investors, location is perhaps the most crucial aspect of property investment.
This is because a location can impact every key aspect of a successful investment, including capital growth, rental yields, and rental demand. And as it stands, Liverpool leads the way in every vital metric to make it one of the hottest investment locations in the UK.
The following guide will give you the low-down on what makes a Liverpool investment so worthwhile, with the latest Liverpool property news, Liverpool property price forecast, average Liverpool property prices, and more.
Liverpool Property Market 2021
Currently, Liverpool property investment is one of the most affordable city locations in all of the UK.
According to official government figures, the average property prices Liverpool are valued at around £155,508.
For detached properties, Liverpool house prices are about £307,525, with semi-detached Liverpool house prices valued at £191,634.
Finally, terraced Liverpool house prices are £136,015, and for flats, Liverpool property prices are £119,017.
This means Liverpool property prices have increased by a staggering 23.37% year-on-year.
For comparison, Liverpool property prices are almost £100,000 cheaper than the UK average and have far surpassed average growth levels of 7.49% year-on-year.
Liverpool surpasses the UK average in other ways, too.
The average rental yield in the city is a fantastic 6.34%. The UK average, on the other hand, is just 4.74%.
Despite the Covid-19 pandemic, the Liverpool property market has continued to thrive. There’s never been a better time to invest in Liverpool, especially when considering the latest Liverpool property news and Liverpool property price forecast.
Liverpool Property Price Forecast
According to Savills’ latest UK house price predictions, the average house prices Liverpool offer are set to rise by a whopping 28.8% by 2025.
This is incredible predicted growth and is actually the highest in the UK. It is over double that of London’s predictions and is also 7.7% higher than the UK average.
With rent also increasing in the UK by 17% by 2025, and it’s clear the time to invest in Liverpool is now. That way you can take advantage of the huge Liverpool property price forecast.
Property Prices Liverpool offer have a historical tendency to grow by massive amounts. Over the last 20 years, growth levels in the city have far surpassed the UK average.
In fact, house prices in Liverpool have increased by a whopping 301%. For comparison, UK prices over the same period rose by just 241%.
House prices in Liverpool will only continue to increase over the years, resulting from billions of pounds worth of investment into the region.
This level of Liverpool investment in the Liverpool property market has helped attract some of the world’s biggest businesses. Over 70,000 students choose to live, study and work in the region thanks to the potential on offer.
Where to Invest in Liverpool?
The city is a fantastic location to invest in, with plenty of cheap property Liverpool available.
But where is the best place to invest, and what are the best postcodes in Liverpool?
Well, using the latest data from Zoopla, here are five of the best postcodes in Liverpool for rental yields.
| Postcode | Average Rental Yield |
| L7 | 9.77% |
| L15 | 8.38% |
| L6 | 7.82% |
| L1 | 7.38% |
| L5 | 6.72% |
As you can see, the best postcodes in Liverpool are L7, L15, L6, L1, and L5, with huge average yields of up to 9.77%.
For cheap property, Liverpool also has plenty on offer, with prices from just £111,297 in L5.
Start Your Liverpool Investment Journey With ELEMENT
While these postcodes are incredibly affordable, and the average house prices Liverpool far below the UK average, you can get even better deals in the Liverpool property market with ELEMENT Developments.
Our luxury and revolutionary eco-builds start from just £92,950 and offer massive 8% returns.
Invest today with ELEMENT and invest in the future of the planet with 100 trees planted for each unit sold.
The future of residential living is now. Invest in ELEMENT – The Quarter today.
Be sure to check out our guides to off plan property and Manchester property investment today to learn all about the world of property.
