Liverpool – Top Of The League For Rental Yields

Liverpool, home of the Beatles, has recently emerged as one of the best places to invest in buy-to-let property.

The city’s world-famous football teams, Liverpool and Everton, may not finish top of the premier league table anymore but, when it comes to buy-to-let, the city is riding high.

One of the positive effects of the UK’s famous North-South property divide means that higher yields are still available up north; with prices low and demand high, Liverpool often comes out on top with an average yield of 6.6%.

The city has been rejuvenated in the last decade with a number of trendy new apartment developments built along the Mersey River and the city’s major new shopping precinct.

A number of Rent Directory have opened in the city, as well as several new restaurants, hotels and wine bars.

Liverpool is also a UNESCO World Heritage Site, like the Great Wall of China and the Pyramids of Giza in Egypt. The city won this status in 2004, due to its impressive waterfront which, according to UNESCO, is a “supreme example of a commercial port at the time of Britain’s greatest global significance.”

One particular hot spot area on the outskirts of Liverpool is Bootle, which came top of a survey by www.home.co.uk  as the UK’s highest-yielding location, at an average 7.7%. Average rents in Bootle are £457 a month, with prices as low as £69,000 for a 2-bedroom house.

 

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