Liverpool, in my opinion, is one of the best cities in the United Kingdom and the world. In fact, I like it so much that I invested in property there and I think you should to. There are a number of reasons why I invested in Liverpool property and the top reasons are:
One of the reasons I invested in property in Liverpool is the price of property. The average price of a home is somewhere around £112,000, which is far less what you’ll pay for any kind of property in London. Property, whether it’s residential or commercial, is much more affordable in Liverpool than it is in many other cities in the UK. Sure, they do rise a little bit year after year (it seems), but they property still remains affordable.
Another reason I invested in Liverpool property is because of the attractions. From world class parks to Anfield to the Cavern Club to museums and the Royal Albert Dock, there are just so many things to do and see in Liverpool. Owning a piece of property in the city allows me to have easy access to those attractions and many others. I love everything about the city: the nightlife, the shopping scene, the dining options and the many ways you can entertain yourself.
A third reason why I bought property in the city is the increasing population, which has increase by over five percent over the last 10 years. Even now, more people are moving to the city and the student population continues to grow too and many students choose to stay and live in Liverpool. Population growth can increase property value, so if I decide to sell, I should get maximum Pounds for my property.
Asides from buying a house, I am interested in starting a business in Liverpool and one day I will. On that note, Liverpool has experienced tremendous business growth and the number of businesses launching in Liverpool continues to grow. Many new companies continue to form in the city, especially within the digital industry.
Starting a business in a major city isn’t always easy. However, that’s not the case with Liverpool and that’s why I love having property there. Who knows, maybe I’ll invest in commercial property and let it out to someone who wants to start a business here.
The City Continues To Change
Ten years ago, the city of Liverpool was far different than what it is today, but it still continues to change and transform in the best ways possible. This is another reason why I bought property in the city. Over the next few years, more improvements to the city are expected to take place, such as improvements to infrastructure, more projects being introduced and things of that nature.
Property prices are more than fair, and the number of attractions in the city is impressive. Population continues to grow and so do businesses and the city is still transforming. That is exactly why I invested in Liverpool property.