Prime Centrum Blog

Liverpool leads UK house price growth, latest Hometrack data reveals

June 29, 2016

Published by: Sara Recalcati

The Hometrack UK Cities House Price Index May 2016 has revealed that Liverpool is leading the UK when it comes to property price growth. The figures show a growth rate of 5.4%, reconfirming Liverpool’s position as one of the best cities in the UK when it comes to buy-to-let investment.

Stuart Johnson, Business Development Manager at Prime Centrum, which recently launched the brand new Parliament Residence development in Liverpool, comments,

“The Hometrack data confirms what those of us in the know have been saying for some time now – if you want to invest in buy-to-let accommodation in the UK then Liverpool is the place to be. Investment here has surged in recent years, with high end residential accommodation in the city centre proving particularly attractive. Liverpool is a leading UK city in many respects and buy-to-let investors are now enjoying the capital gains of their recent purchases.”

All eyes will be on the housing sector as the reality of Brexit sets in across the UK, but so far the Hometrack report has maintained a largely positive tone on the matter:

For investors in Liverpool, that makes for encouraging reading. The city – like much of the UK – is in the grips of a housing shortage and buildings like the iconic, waterfront Parliament Residence are helping not just to address that shortage but also to drive up standards across the private rented sector. Light, airy apartments offer spacious accommodation, while a sleek roof terrace with breath-taking views makes the most of the building’s setting by the UNESCO World Heritage waterfront.

Investment in Parliament Residence is available from £109,900 for a one bedroom apartment, with early investors enjoying a 22% discount and 7% NET income per annum assured for the first three years. With confidence in the UK’s property market remaining strong despite the whole Brexit debacle, and Liverpool leading the country’s house price growth, the time is ripe for buy-to-let investors looking for a location with excellent potential.

 

For further details please contact the Prime Centrum team. You can also download the brand new Prime Centrum 2016 UK Buy-to-let Guide free of charge.

 

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