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Looking to Live in Liverpool?

Posted by Emma Johnson on January 11, 2019
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It spawned one of the greatest rock bands ever and was home to the current James Bond.  Then there is the fact it has its very own airport, not to mention two league and trophy-winning football teams. No wonder the city of Liverpool has become a bit of a mecca for homebuyers.

Once famous for its radical working men’s politics and industrial dockyards, today it is a completely different city. But the heart, character and fun-loving nature of its people lives on – just ask any Liverpool estate agent.

Friendly and sociable, Liverpool has a down-to-earth quality that you won’t find in many burgeoning cities today (except perhaps Glasgow and Newcastle). And how the city is expanding! The Albert Dock area, for starters, has gone from 19thcentury trade port to a world heritage site today, containing upmarket shopping, plush apartments, an IT hub and a cultural scene to rival many a would-be Broadway. The new apartments make if particularly popular for first time buyers in Liverpool

But there’s tradition here amongst other international cultures too. Liverpool, like London, has its very own China Town – only difference being Liverpool’s is the oldest Chinese community in the whole of Europe.

Liverpool property: new developments

A total £5bn regeneration was spent on 150 acres of the aforementioned docklands, resulting in hundreds of new apartments being built. At the same time £260 million is being ploughed into Anfield and surrounding areas of the L4 post code, again with contemporary living in mind.

Around £250 million is currently being spent on creating the triple tower complex. Described as a landmark development, the highest tower will be 39 storeys at its peak but all will provide gorgeous waterfront views over the Mersey and docklands. Liverpool home buyers would be well advised to get their names down on the waiting list right now.

At present the average price of property in the city is £172,376, according to the website Home.co.uk. A property typically takes around 198 days to sell, with the majority of properties having three bedrooms or more (2,351 homes). Next highest category is two-bedroom homes and apartments (2,117 properties, then 1,344 properties with one bedroom. There were more flats for sale (3,157) than semi-detached homes (1,717) or terraced houses (1,392).

Liverpool letting agents meanwhile report a healthy rental market in the city. In January 2019 there were 4,339 homes available to rent, with the average rental coming in at around £851 pcm. The typical property sat on the market for around 195 days. There were more houses than any other category (1,981 properties) with 1,745 flats and 481 rooms for rent (the average rental per room was £987 pcm.

Population and employment in Liverpool

At the time of the last census there were more than half a million people (552,267) living in the city. Of 441,215 individuals aged 16 and over, 193,888 people were living as a couple and 247,327 people were living independently in their own homes.

The majority of working people were employed in health and social work (38,669 individuals) with the next highest category retail at 36,149 people and third highest was the education sector with 24,674 employees.

To enquire about property to buy or rent in the Beatles home town then do get in touch with us here at iSell on 0333 577 0733 or get in touch with us via our website iSellproperties.co.uk.

 

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