Why do these postcodes perform so strongly?
These postcodes perform so strongly as Liverpool buy to let hotspots as properties are affordable in these areas while rental costs are rising. This is due to the fact that these postcodes are considered prime locations in which to rent property in Liverpool, helping to boost demand.
So why do people consider these postcodes some of the best to live in? There are lots of things to do and see in the best buy to let areas Liverpool offers. The L8 and L1 postcodes span throughout the Baltic Triangle area of the city – one of Liverpool’s most popular locations. Liverpool’s L3 postcode is another one to watch for 2019 and beyond. This postcode houses the Fabric District, a Liverpool area undergoing some major renovations through the Knowledge Quarter’s regeneration project. Another of the best buy to let postcodes in Liverpool, L5 boasts average yields of around 9.2%. This area will see regeneration under the £150 million scheme, Project Jennifer. Project Jennifer is set to update the area significantly.
A guide to Liverpool regeneration zones
Once an abandoned and derelict neighbourhood, the Baltic Triangle is an example of a Liverpool area that’s experienced a lot of regeneration over the years. Located towards the south end of Liverpool city centre, £128 million has been invested in new developments in the Baltic Triangle area since the start of 2012.
The Baltic Triangle is now a hub for the creative industries, with workspaces like the Baltic Creative attracting fresh new talent to the city. New nightlife and leisure attractions are opening regularly in the area, such as the popular Camp and Furnace events venue and the Baltic Market, housing a number of great food stalls from local independent eateries. Since the Baltic area is just a short walk from the main attractions of the city centre, Liverpool’s young tenants will enjoy living in this creative and trendy hotspot.
With a further £62 million worth of regeneration currently taking place, the Baltic Triangle is definitely one to watch for Liverpool buy to let. As one of the leading property investment companies Liverpool has to offer, we pride ourselves on bringing you great new developments in the best buy to let postcodes in Liverpool. Our One Baltic Square property, for instance, is based in the heart of the Baltic Triangle, and is available to buy from £121,950 with guaranteed net rental returns of 7 per cent for one year.
Head over to the north side of the city, and you’ll find Project Jennifer – one of Liverpool’s most significant regeneration zones. Located on Great Homer Street, Project Jennifer aims to renovate the area through a £150 million regeneration programme, promoting positive social, environmental, and economic growth.
Not only has Project Jennifer helped to bring new housing and enhanced transport links to the area, but it’s also estimated to have created around 1,000 jobs for local residents. The up and coming nature of the Project Jennifer area makes it a perfect spot for Liverpool property investment opportunities.
Known for its history as the centre of Liverpool’s rag trade, the Fabric District is quickly becoming one of the city’s hippest new areas. Plans exist to revitalise the neighbourhood, making it more welcoming to the city’s residents, new businesses, and investors. The Fabric District is located within Liverpool’s Knowledge Quarter, making it an ideal spot for Liverpool off-plan investments that cater towards a young professional demographic.