A property investment can provide you with a low risk, reliable opportunity to grow your savings. Buying a flat, house or holiday property to rent out to tenants will secure you a steady income whilst also safeguarding your funds through a tangible real-world purchase.
But it can be difficult to know where in the UK you’d like to invest. Property and rental prices vary widely across the country, where it’s important to balance upfront costs with expected returns. As a bustling, well-connected city in the North West, Liverpool provides a wide range of excellent property investment options, where the reasons to choose this location are numerous - read on to find out more.
Liverpool Supports Numerous Thriving Industries
As a large, well-populated city, Liverpool is home to a variety of different industries, where the Port of Liverpool and the city’s film and TV industry bring commerce and employees to the area. Those relocating to Liverpool for the career opportunities will be interested in renting high value property which you can provide.
The City Attracts Millions Of Tourists Every Year
In 2021, Liverpool attracted around 42 million tourists, where this year marked an impressive recovery from a drop in numbers during the pandemic. A number of key cultural and historic landmarks keep visitors coming to the city, such as the Royal Albert Dock, the Beatles Museum and Liverpool Cathedral. This means that the city provides a profitable marketplace for investing in holiday lets.
Liverpool Has A Bustling Student Population
Liverpool is also recognised as having a thriving student population, bolstered by its widespread nightlife and affordable housing. The city boasts several educational hubs, including the University of Liverpool, Liverpool Hope University and the John Moores University. The student population is approximately 70,000, which means that the city boasts a wide range of student housing investment opportunities.
The City Is Well Connected
Liverpool is also especially well connected, both nationally and internationally. Situated in the North West of England, Liverpool has excellent transport links to Scotland, the North East and London, both by train and bus. The Liverpool John Lennon Airport also provides reliable transport links to Europe and the rest of the world. Accessibility recommends a city to prospective tenants, where these links help to make Liverpool properties appear more attractive.
Lev Properties: Lucrative Investment Opportunities Throughout Liverpool
At Lev Properties, we appreciate the value of the city of Liverpool, where its industrial, commercial and cultural facilities all help to support a profitable housing and rental market. If you’re looking to invest in Liverpool, then our team is here to help. We take care of everything, from refurbishing your property to finding a reliable tenant.
Contact us today to find out more about our extensive range of properties and holiday lets.