Is the north the new home for property investment?

New research has suggested that northern cities such as Leeds, Manchester and Liverpool are becoming a hotbed for property investment, writes developer Richard Carr.

Liverpool

Richard Carr's

Liverpool is leading a northern increase in property investment

Out of the three, Liverpool’s prime stock is experiencing a particularly strong rush, like nothing the city has seen before. Its growing residential market is attracting increasing levels of interest from high net worth investors from the south who are looking for long term deals.

Also, the city – like the rest of the UK – has benefitted from the incoming stamp duty rates which have now become active.

Analysts believe that the residential market in Liverpool has a healthy long term future with prices rising 4% annually, whilst letting prices has an annual growth of 3.46%.

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