Photo by: Ben James
As property investors look outside of London for new opportunities, Liverpool has proved to be one of the hottest cities for property investors. With a growing population of ~ 489,541, Liverpool is also home to a larger young population in comparison to the rest of England. 42% of the population are below the age of 30, compared to 37% for the country as a whole.
With such numbers, it is little surprise that the demand for property keeps going up. A constant stream of investments such as the ambitious 30-year Mersey Waters Enterprise Zone project will see £5 billion being invested into new developments.
One area in Liverpool which is seeing more life breathed into it is the area surrounding Sefton Park.
The leafy suburb of Sefton Park is praised for its access to the city, walking distance to the promenade (which offer great views cross the Mersey) and of course numerous bars and restaurants to hang out at on the weekends. Sefton Park itself is a magnificent 235 acre park with a boating lake, aviary and the gorgeous Palm House (Grade II three-tier dome conservatory palm house).
Lark Lane which leads to Sefton Park is increasing in popularity with the young urban crowd who live in the area.
“The Lark Lane area has followed a stealthy but increasingly well-trodden path to popularity over the past couple of decades, as creative types set up shop and students stuck around to buy in a diverse neighbourhood where Georgian mansions and Victorian terraces sit side by side with council estates.”
Everything you need to know about moving to Lark Lane, Liverpool
Read more in The Times (paywall)
With the London market cooling, property investors need to look further afield and it seems like Sefton Park, Liverpool could be a good area to look at.
