Investment Surge in Liverpool’s City Centre - Nova
downArrow

Liverpool has experienced huge investment recently from both overseas investment but also government and council backed schemes. As the property sector continues to boom in Liverpool, with capital growth and rental yields continuing to far outperform the UK average, this is expected to continue for the foreseeable future.

Investment from the US accounted for a large part of money injected into Liverpool’s property scene last year, a pattern that the north-west of England continues to experience – a 2018 survey revealed that interest in Manchester from China had risen by 200% from a year earlier. Proptech firm Datscha stated in recent research that £361 million was invested in property from overseas investors in 2018. American money accounted for £156m of that- up from £15m recorded in 2017.

This surge in both overseas and domestic interest has allowed Liverpool to be supported with large amounts of government backed investment. Liverpool City Council has committed to a £500m highway investment program – Better Roads. The work includes a highways scheme designed to upgrade a major arterial route in and out of Liverpool city centre which has already begun. The £3.5m scheme will include replacing the existing road surface, which has deteriorated over the years, and upgrading highway drainage, pedestrian facilities, footways and traffic signals.

Additionally, within the Better Roads program, a £47m revamp of Liverpool city centre is included. The aim of the plan is to make the city easier to navigate for pedestrians, cyclists and motorists. Mayor Joe Anderson said: “This is an investment that is long overdue and an investment that is seriously needed.”

Liverpool council has also backed billions of pounds worth of property development. Notably, the Liverpool Waters development, worth £5.5 billion, includes 2 million sq.m. of residential, business and leisure space residing within 5 new neighbourhoods, bringing life back to Liverpool’s historic docklands. Plans to clear land for a potential £200 million Grade A office scheme in Liverpool’s commercial district has also been given the go ahead. The proposed Pall Mall scheme will feature three office buildings, a hotel and approximately 80,200 sq ft of public space including a new green square.

Nova News

Market Update Q3 2020
Market Update Q3 2020
by Saeid Ansari
read more
Is It the End of City Centre Living?
Is It the End of City Centre Living?
by Saeid Ansari
read more
More Investors Entering the Market Following Tax Incentive
More Investors Entering the Market Following Tax Incentive
by Joseph Hegarty
read more
Property Sales Hit Record Low in April 2020
Property Sales Hit Record Low in April 2020
by Stefan Vadamootoo
read more
UK’s Post Lockdown Buy-To-Let Hotspots Revealed
UK’s Post Lockdown Buy-To-Let Hotspots Revealed
by Samuel Parry
read more
Want to be the first to know what’s going on in the world of property investment? Subscribe to our newsletter below.
The property pension plan book icon

Take Control Of Your Future With Buy To Let Investment, get The Property Pension Plan for Free!

Find Out More
Get in Touch

Book a complimentary property and/or finance consultation

back-to-top