London vs Liverpool: The Ultimate Showdown
Liverpool and London, both iconic cities in the UK with an abundance of culture and history, have a plentiful amount of benefits in the property market. With some serious property investors, Liverpool is a big-shot contender due to its uprising as a property and business hotspot.
According to Zoopla, the London average house prices in now GBP 671,412, while in Liverpool the average house prices is GBP 158,299. More affordable homes in Liverpool, are causing the migrations of citizens from the capital to the shining North. The recent demographic shift is causing investors to look into Liverpool, where the rental yields are higher and the housing is cheaper. Liverpool has also been ranked third as the most affordable city for first time buyers in the UK, courtesy of Zoopla’s chart below.
While Liverpool is moving towards first place, London has an abundant amount of benefits in the property market.
The great capital offers world-class talent, European business headquarters, access to Londoners with over 9 million citizens in the area, and economic stability.
At Oxford Property Investments, we are here to guide you in making the right investment choice even when it’s an ongoing tale between two cities.