Liverpool’s residential property market
[av_section min_height='' min_height_px='500px' padding='default' shadow='no-shadow' bottom_border='no-border-styling' bottom_border_diagonal_color='#333333' bottom_border_diagonal_direction='scroll' bottom_border_style='scroll' scroll_down='' id='' color='main_color' custom_bg='' src='' attach='scroll' position='top left' repeat='no-repeat' video='' video_ratio='16:9' video_mobile_disabled='' overlay_enable='' overlay_opacity='0.5' overlay_color='' overlay_pattern='' overlay_custom_pattern='' av-desktop-hide='' av-medium-hide='' av-small-hide='' av-mini-hide='' av_element_hidden_in_editor='0'][av_one_full first min_height='' vertical_alignment='' space='' custom_margin='' margin='0px' padding='0px' border='' border_color='' radius='0px' background_color='' src='' background_position='top left' background_repeat='no-repeat' animation='' mobile_breaking='' mobile_display=''][av_image src='https://romalcapital.co.uk/wp-content/uploads/2018/01/keys.jpg?_t=1516115043' attachment='520' attachment_size='full' align='center' styling='' hover='' link='' target='' caption='' font_size='' appearance='' overlay_opacity='0.4' overlay_color='#000000' overlay_text_color='#ffffff' animation='no-animation' custom_class='' admin_preview_bg=''][/av_image][/av_one_full][av_one_full first min_height='' vertical_alignment='' space='' custom_margin='' margin='0px' padding='0px' border='' border_color='' radius='0px' background_color='' src='' background_position='top left' background_repeat='no-repeat' animation='' mobile_breaking='' mobile_display=''][av_textblock size='' font_color='' color='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' custom_class='' admin_preview_bg='']
Liverpool’s residential property market
[/av_textblock][av_textblock size='' font_color='' color='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' custom_class='' admin_preview_bg='']Both rental and sales activity in Liverpool city centre have shown good performance in both the near and medium term as prices and activity have responded to economic and population growth.Latest figures from the respected research team at City Residential show:
- Quarterly capital growth of 1.3%
- Rents growing at 5% per annum
- Vacancy rates at 7% - lowest in 16 years
- 6% growth in Liverpool economy in last calendar year
- 1 bed rental yields: 6.75%
- 2 bed rental yields: 6.5%
[/av_textblock][av_hr class='invisible' height='20' shadow='no-shadow' position='center' custom_border='av-border-thin' custom_width='50px' custom_border_color='' custom_margin_top='30px' custom_margin_bottom='30px' icon_select='yes' custom_icon_color='' icon='ue808' font='entypo-fontello' custom_class='' admin_preview_bg=''][av_image src='https://romalcapital.co.uk/wp-content/uploads/2018/01/diagram-1.jpg?_t=1516115124' attachment='522' attachment_size='full' align='left' styling='' hover='' link='' target='' caption='' font_size='' appearance='' overlay_opacity='0.4' overlay_color='#000000' overlay_text_color='#ffffff' animation='no-animation' custom_class='' admin_preview_bg=''][/av_image][av_hr class='invisible' height='20' shadow='no-shadow' position='center' custom_border='av-border-thin' custom_width='50px' custom_border_color='' custom_margin_top='30px' custom_margin_bottom='30px' icon_select='yes' custom_icon_color='' icon='ue808' font='entypo-fontello' custom_class='' admin_preview_bg=''][av_textblock size='' font_color='' color='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' custom_class='' admin_preview_bg='']The rate of growth in the city centre is accelerating in response to new stock and ‘pull’ factors such as a rapidly improving environment and amenities. As a result, the city continues to attract wealthier tenants in search of larger and higher quality homes, with supply constraints pushing up prices.A pause in activity post-EU referendum was short-lived, with sustained growth on all fronts since then. Current lettings activity remains robust across the three central postal districts including the L3 district of Quay Central, with activity expected to pick up further now that the government has confirmed it is to bring 3,000 new employees to its new ‘super hub’ a short walk from Quay Central.Liverpool is a hugely popular tourism destination, and much demand for property comes from visitors willing to pay a substantial premium for short-term lets on platforms such as Airbnb and HolidayRentals.com[/av_textblock][/av_one_full][/av_section]