Liverpool has seen many changes over the past 10 years, none more so than in the property market. A few years ago, developers and investors piled into city centres such as Leeds, Manchester and Liverpool. Then the bubble burst and the investors disappeared, leaving many empty houses and apartments.

On the other hand the trends are now changing and wealthy Chinese and Far Eastern investors like the stability, democracy and solid land titles that Britain offers, as well as feeling that owning property here carries kudos and offers a prime opportunity to educate their children in the English-speaking world. They are also keen to store some of their riches outside of their homeland. Many are attracted to the strength of the UK rental sector. Investors can benefit from yields in the region of eight per cent

With this in mind and with a constant eye on property market trends Goodman Wells was created. Goodman Wells are specialists in providing high – income producing buy to let property investments in the UK, especially Merseyside. The team has over 30 years of combined experience within property and the financial services allowing them to access bulk heavily discounted high yielding deals for both small and large investors.

Paul Burgess, co-founder and Director says – “Liverpool is a city on the up. The £5.5bn Liverpool Waters scheme could start next year after the Government gave it the go-ahead. This is great news for the city and property investors alike.”

Paul continues “By 2030, there is the potential for some 250,000 new jobs to be created in the Atlantic Gateway area. More jobs mean a greater demand for housing in and around the city, which is fantastic news for landlords looking to expand their portfolios. Liverpool has the fastest growing economy outside of London. We have been receiving a large number of enquiries from overseas investors looking to invest in buy to let properties in Liverpool, having switched their focus from London to Liverpool in search for higher yields and secure rents.”

According to latest Census figures, the proportion of British households renting has increased in the past decade from 31 per cent to 36 per cent. Average monthly rents have risen by roughly 15 per cent, or £100, in just three years.*

Paul continues “Our experienced team has successfully guided many novice investors to financial freedom through our bespoke property investments services whilst also catering for high net worth clients with up to several million pounds to invest in completely off market investments.”

Two such deals now at the re-furb stage are both based on Parkfield Road in Aigburth (see attached) and are currently being refurbished into apartments. Several other multi million pound deals are currently in the pipeline also.

“It comes as the property market in Beijing, Shanghai and other leading Chinese cities has ‘overheated’ in recent years. A chronic oversupply of property there is driving down rents with an average gross yield of just three per cent.” – adds Eddie Leyland a partner in Goodman Wells. “This as well as a lot of London based investors now looking to this region for lower level investments adds to an exciting time for the Liverpool property market as the clouds of doom after the credit crisis and recessions of recent years slowly begin to move. As a local firm and from this region it helps that we have a passion for the city when dealing with these investors too.”