Liverpool: What are the best areas to invest in property?
High-Potential Investment Neighbourhoods in Liverpool
With ongoing redevelopment projects, demographic shifts, and strong economic fundamentals, neighbourhoods like Liverpool Waters, Baltic Triangle, Ropewalks, Anfield, and the Knowledge Quarter are primed for significant growth. Investors and homebuyers can capitalise on these opportunities by strategically selecting properties that align with their financial goals and risk tolerance.
Liverpool Waters is a massive regeneration project transforming the city's docklands into a modern waterfront destination with residential, commercial, and leisure facilities.
With development of new transportation links and public spaces there has been significant public and private investment in the area. Waterfront living, such as Romal's Aquitania apartments and modern amenities have also increased the area's appeal.
Property values in Liverpool Waters could see an increase of around 20-25% over the next 5-10 years. Waterfront apartments based in Liverpool Waters and mixed-use developments are expected to appreciate significantly.
Baltic Triangle
The Baltic Triangle is a vibrant, up-and-coming area known for its creative and digital industries. It is home to numerous startups, bars, restaurants, and cultural venues. Significant redevelopment is ongoing, including new residential and commercial developments.
The area's dynamic atmosphere and proximity to the city centre make it highly desirable there is an increasing number of young professionals and creatives moving into the area.
Property values in the Baltic Triangle are expected to increase by up to 20% over the next 5-10 years. Apartments and lofts are likely to see the greatest appreciation due to high demand from young professionals.
Ropewalks
The Ropewalks is known for its eclectic mix of cultural attractions, nightlife, and independent businesses. It's located close to the city centre. Ongoing gentrification is transforming older buildings into trendy apartments and commercial spaces. There is high demand for housing from students and young professionals due to its vibrant environment. Property values in Ropewalks are projected to rise by 18-20% over the next decade.
Anfield
Anfield, home to Liverpool FC, is undergoing significant redevelopment aimed at improving residential and commercial aspects of the area. The expansion of Anfield Stadium and surrounding redevelopment projects have allowed lower property prices compared to other areas, making it attractive for first-time buyers and investors. These developments have invested in local amenities and community projects to improve the community aspect of living. Projected Increase: Property values in Anfield could increase by 10-15% over the next 5-10 years 2. Recommended Properties: Single-family homes and renovated properties are expected to appreciate as the area improves.
Knowledge Quarter
The Knowledge Quarter is a hub for education, science, and technology, housing several universities and research institutions. Expansion of universities and new research facilities attract students and professionals. Plus high-value job creation in education and technology sectors has seen the development of new student accommodations and amenities. Property values in the Knowledge Quarter are expected to rise by 15-20% over the next 5-10 years.
Overall Trends Influencing the Liverpool Property Market
Economic Strength: Liverpool's economy is growing, with significant investments in various sectors such as technology, education, and tourism.
Affordability: Liverpool remains one of the more affordable cities in the UK, which attracts investors and homebuyers looking for better value.
Rental Yields: High rental yields compared to other UK cities make Liverpool an attractive destination for buy-to-let investors.
Population Growth: Increasing population, especially among young professionals and students, drives demand for housing. Liverpool offers several high-potential areas for property value appreciation over the next 5-10 years.
Liverpool Waters is fast becoming one of the most significant areas to invest in. To book a viewing at one of our Liverpool Waters Developments please get in touch with the Romal team here.
