Average Property Price: £177,803
Average Rental Yield: 7.71%
Predicted Growth by 2027: 11.7%
Ranked second for capital growth in the UK, Liverpool offers the perfect blend of high property price growth, low property prices, and an in-demand private rented sector.
A mainstay on anyone’s list of the best and most affordable places to invest in property in the UK, Liverpool has had a similar meteoric rise to Manchester.
Previously a city suffering from economic decline, UK regeneration has helped transform Liverpool into the economic powerhouse you see today.
Liverpool property investment is a top choice for many – with the city being one of the most affordable on this list and essentially leading the charge when it comes to house price growth.
According to the UK House Price Index, Liverpool has beaten out some of the UK’s largest cities in terms of capital growth – seeing an increase of 7.10% on the year and 40.2% over the last five years.
This puts Liverpool at the very top of the country in terms of capital growth.
However, rents have not risen at the same rate as house prices, meaning rental yields in Liverpool are not as high as in other cities. Nevertheless, you’re still getting a high yield combined with affordable prices, making it more likely you will see strong returns.
Factoring in a young city centre population (75% are aged 17 to 29) and rental prices set to rise in 2023, private landlords can make a top purchase in Liverpool.
Thanks to the range of highly-respected universities in Liverpool, the Merseyside city is also one of the best places to invest in student property right now.
The University of Liverpool and Liverpool John Moores University combine to bring over 48,000 full-time students to the city, per The Times.
In an effort to tackle climate change, the city has also seen the introduction of eco-properties.
This is exactly what the name implies – developments purposely built with sustainability in mind and are often made with environmentally-friendly materials and low-carbon technology.