The £14 billion regeneration of Liverpool is in full swing. Money is allocated for a range of economic initiatives including Ten Streets, The Knowledge Quarter and The Anfield Project, amongst others.
There will be a a profound redevelopment of the iconic waterfront with the new Everton stadium as the absolute highlight.
The Liverpool area also has an incredible pool of talent and is one of the UK’s most popular places to study, with over 54.000 students attending its three universities. This is one of the main reasons why so many property investors have purchased Liverpool student property investments.
Since 2000, over £600 million has been invested here, ensuring the area continues to produce the brightest minds, and the most creative entrepreneurs with a wealth of knowledge assets including major teaching, public service and cultural facilities – and a concentration of commercial knowledge-related businesses.
The goal of Liverpool’s Local Plan is to create 38,000 new jobs and 35,000 new homes between now and 2033 – and it is forecast that Liverpool’s population will increase by 500,000 over this period.
Whenever we have a market that is creating more jobs – and a market that is having positive migration figures – we are naturally going to see more demand for housing, whether that is for rental or the purchasing of a home.
Our conclusion, therefore, is that Liverpool’s property market is set for further growth; serious investors should be investing in Liverpool property now while prices are relatively low in comparison to the rest of the UK.
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