In City Residential's most recent quarterly report, Liverpool's rental market has emerged as a landlord's delight, with annual rates for apartments soaring between 10% and 12%. This surge far surpasses the national average rental growth of 5.1%, marking a significant upturn in the city's real estate sector.
Rental prices in Liverpool are now on an upward trajectory, with no signs of slowing down as tenant demand remains unabated. This growth effectively ends several years of low rental inflation that had previously characterised the city.
The Integritas Property Group (IPG) has played a vital role in the transformation of Liverpool, a city that carries particular significance for our company. Liverpool is not just where we were founded but also where we continue to flourish. Currently, IPG has multiple highly desired developments in progress throughout the city.
It's truly astonishing to witness the surge in demand and the city's overall success in recent years. Yields on property investments have risen to levels unseen for nearly 15 years, and the signs indicate that these rates are likely to remain higher for an extended period. This makes it an opportune moment for investors to consider the lucrative prospects in the buy-to-rent property sector.