The city of Liverpool as a whole is proving itself to be an investment hotspot. Due to a growing population and shortage of housing buy-to-let investors can expect high yields from their rental properties. However it’s the northern part of the city – an area that includes the residential redevelopment projects of the historical Eldon Grove and Reliance House – that is where many of the major regeneration is taking place. Therefore making it a strong choice for investors and highlighting why Northern Liverpool is a great property investment opportunity.
Liverpool Waters is already an extremely busy, award-winning port. Plans are underway to create a new cruise terminal at Princes Parade which will allow larger cruise ships to visit, thereby boosting the local economy with job creation and the large numbers of new tourists – the terminal will have the capacity for 3,600 tourists at a time.
This £20 million project will build a new link road between Leeds Street junction and Great Howard Street to Princes Parade at the waterfront, helping to improve transport to the cruise terminal. A further £250 million investment scheme run by Liverpool City Council (the ‘Better Roads Programme’) will also improve adjoining roads and routes for pedestrians and cyclists.
New Everton FC Stadium
Something that will attract even more tourists to Liverpool’s waterfront is the proposed new Everton FC Stadium. Planned for the Liverpool Waters area, this new development will attract football fans from all over the world. As well as create new jobs and encourage spending; all helping to grow the city’s economy which will aid Liverpool property investment opportunity.