The UK has always been a hot spot for investment by many Hong Kong people. When you ask the average person where to invest in the UK, the general opinion is always London. To be honest, their reasoning is valid, there are reasons why London is so popular. Its locational conveniences, the fact that it’s an international city, and also its diverse community. However as investors, we need to look outside of the box. Sometimes, an investment isn’t just a lot of money after you sell, but instead a comparison between how much you invested and how much you gained in return.
Liverpool overview
In 2020, Liverpool was named the 3rd best UK location to start a business and is home to business and industry from a wide range of high-value sectors. Liverpool also has the largest wealth management center outside of London, with them holding the world’s largest business event for the third year in 2018. Tech Nation also gave Liverpool a 79% rating for Tech Sector Growth Potential, predicting its inevitable growth as a tech hub.
These are just some facts that tell us that Liverpool is up and coming. The thing is, no matter whether you’re looking to live in the property you invest in, or sell the property, the facts make it desirable. Not only desirable to you as a savvy investor, but also as a tenant who’s either looking to rent or buy, thus making the investment worth it.
A feature of Liverpool–low entry
Due to certain political changes, a lot of people right now are looking for an easy way out. This may be it. Liverpool is currently undervalued, meaning that the price for housing is lower than the average in the UK. If you’re starting out, trying to find your first way into the real estate market, Liverpool is the place you’re looking for.
In 2020, places such as Kensington, Toxteth and Bootle all saw great spurs in growth, mostly for student lettings. Liverpool is at its sweet spot right now, where there are signs of increasing demands, while still not enough of it for the prices to be jacked up completely yet. A sight that is perfect for investors. The fact of the matter is, London is getting too pricey for the middle-class, so what we should do now is seize the opportunity. Purchase where the demand is going to go next. If you are looking into the idea of saving and rolling your money, Liverpool is a great starting point.
High and stable rental yield
When finding a place to purchase for renting, the most important figure is the rental yield. This is a statistic that Liverpool prides itself off of. In 2019, Liverpool was named the best location in the UK for buy-to-let yields. With postcords L7, L6 and L1 with the highest rates, upwards of 8%. Even in general, Liverpool’s rental yields are around 5%, which is miles better than London’s 3%.
Conclusion
We believe that there are a lot of hidden hotspots in the UK. Sometimes, it’s easier to look for what everyone trusts. However, going against the norm is what we as Denzity also believe in. Just because most people believe in something doesn’t mean the savvy investor has to follow.
Whatever your preference is, Denzity is here to help you make a better decision. Our Portal lists many overseas properties managed by trusted real estate companies all over the world. If there is a place to find your dream home this would be it!
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