Another major factor in the appeal of Liverpool property investments in 2023 is the fact that the city attracts such high levels of demand from desirable tenants like students and young professionals.

While Liverpool house prices are low for those looking to invest, growing UK property market prices are still too high for a lot of first-time buyers, while many people are simply choosing to rent for longer periods before buying a home of their own.

Liverpool has a long reputation for academic excellence, with the University of Liverpool dating all the way back to 1903.

The city is also home to Liverpool John Moores University, Liverpool Hope University, LIPA, and Edge Hill University, all of which have led Liverpool’s population to be filled with students.

Liverpool is home to over 70,000 students, and the strong demand for accommodation is set to continue.

With a high student retention rate, these recent graduates and young professionals are perfect tenants for high-end, modern city centre apartment buildings such as our completed project, The Bridewell.

The fact that Liverpool offers so many amazing business opportunities, with huge UK names like Shop Direct and Matalan, means that more and more young professionals are looking to live and work in the city.

City centre districts such as the Baltic Triangle offer a variety of creative and tech start-ups, while the Liverpool Business District is home to companies from a range of sectors.

By investing in postcodes considered the best places to buy in Liverpool such as L1, you can expect ongoing tenant interest and fewer void periods overall.

Another reason so many investors considered investing in the Liverpool property market over the last few years is because of the huge growth in prices.

Paired with low property prices in Liverpool and high rental demand, capital growth helps boost the appeal of the Liverpool real estate market even further.

In August 2018’s UK Cities House Price Index, Liverpool property prices had the highest growth out of all of the recorded cities, at 7.5% over the last 12 months.

At the same time, UK average house price growth was 3.6%, less than half the Liverpool house price growth rate.

The North West continues to outperform other regions in terms of house price growth, making the Liverpool property market of 2023 an attractive prospect.

Liverpool property price forecast predictions suggest that the city’s house price growth is set to continue over the years.

The UK property market housing market forecast from Savills shows a percentage change of 11.7% growth expected for the North West region by 2027.

Regeneration has played a big part in Liverpool’s capital growth.

According to the council’s Liverpool Local Plan, there are currently £14bn worth of regeneration projects on-site or in the pipeline, with billions worth of projects already completed.

With targets to create 35,000 new homes, develop 370 acres of land and 38,000 new jobs, and exciting new regeneration schemes planned, such as Liverpool Waters, the city is striving towards enhanced economic and property market growth over the coming years.

At the south of the city, you’ll find what’s known as South Liverpool. Notoriously known as one of the most expensive areas of Merseyside when it comes to house prices, investors shouldn’t instantly dismiss South Liverpool and the opportunities it has to offer.

Some of the most popular towns in the South Liverpool area include Aigburth, Mossley Hill, Allerton and Garston. Further South you’ll find Speke, while areas like Dingle and Toxteth can be found closer to the city centre.

Amongst these different towns, you’ll come across a mixture of property prices.

Mossley Hill, for instance, is considered one of the most affluent areas of Liverpool, with current average property prices of £331,179 according to Zoopla.

Aigburth, home to the trendy Lark Lane, follows behind with an average of £237,968.

In Dingle and Toxteth, however, home to the popular L8 postcode, property prices stand at £164,741 on average.

Areas further South like Speke and Garston also boast affordable average prices of between £137,654 to £159,772, which make them popular with first-time buyers.

The Toxteth postcode of L8 was also revealed as one of the best places to buy an investment property in Liverpool in 2020 and 2021 due to becoming an in-demand investment area.

What Makes South Liverpool One of the Best Places to Buy in Liverpool? 

The L8 postcode, spanning Dingle and Toxteth, is often considered one of the best postcodes in Liverpool for buy to let.

Not only does it offer some of the lowest Liverpool property prices for both flats and houses, but rental yields are also high, such as with our City Terraces investment opportunity which offers yields of up to 7%.

While spots like Aigburth do come with a higher price tag, investors who are keen to maximise capital growth shouldn’t ignore this area.

Recently featured in Conde Nast’s roundup of the coolest UK neighbourhoods, Aigburth is a desirable place to live for the city’s growing scene of young professional renters and likely to see huge growth over the coming years.

With stylish bars and restaurants available in the hip Lark Lane, and average rental costs of around £986 a month, this South Liverpool postcode is definitely one to watch.

• The L8 postcode offers high yields and affordable prices.
• Home to trendy areas like Aigburth which attract demand from young professionals.
• Significant house price growth.

Another part of the city which has been deemed one of the best areas to invest in Liverpool over recent years is North Liverpool.

Like South Liverpool, North Liverpool features more suburban towns which can be popular with families or those looking to purchase a home of their own.

What makes the Northern part of the city different, however, is the fact that property prices are significantly lower.

Some of North Liverpool’s most notable areas include Anfield, Everton, Bootle, and Aintree.

Bootle is another place that’s been considered one of the best areas to buy in Liverpool, with increased investment demand recorded by Sutton Kersh in 2020.

Out of these four spots, the current highest property price average can be found in Aintree with £176,548, which is a far cry from that of South Liverpool’s Mossley Hill.

One of the most affordable areas in both North Liverpool and the city as a whole is Anfield, with average prices of £107,534.

These low price tags have grabbed the attention of investors, who are keen to maximise rental returns.

The L6 postcode, with yields of 9.63%, spans part of Anfield and made the Totally Money buy to let list in 2021.

One of the more affluent parts of North Liverpool is Crosby, a seaside town which has grown in popularity over recent years.

Average property prices for Crosby stand at £329,072, but investors can still find more affordable opportunities when purchasing flats in the area.

One of our sold-out developments, Crosby Gardens, offered yields of up to 7% and prices from just £79,995.

What Makes North Liverpool One of the Best Places to Buy in Liverpool?

When looking hard enough, investors can find some great deals in the North Liverpool part of the city.

While certain parts of North Liverpool are more run-down and less appealing to a student or young professional demographic, many areas like Anfield are growing in popularity due to regeneration, which is ultimately expected to boost house prices too.

Rural spots like Crosby, with easy access to the beautiful beaches of Liverpool, are becoming popular rental locations, particularly since being named the best place to live in the North West back in 2003.

If you want low prices and high potential growth, North Liverpool is definitely worth looking into further.

• Low prices and high yields.
• Regeneration boosting the area.
• Good for investors looking to rent to families or retirees.