Liverpool for BTL investments

[IceBoy]

Hi All,

Hope this message finds you and your businesses well!?

A bit of background, I have built a small portfolio of properties (all 2-3 bed houses), in and around the home counties. Over the last 5-10 years, it has become increasingly more difficult to invest, due to the amount of capital required for deposits.

I work full-time, one of the properties has been managed by myself and the other couple have been managed by an estate agent.

Obviously I would need a managing agent in Liverpool but here is my question:

How do I know, which areas are best for investments and which areas/roads to avoid?

There will be many more questions but I think I want to avoid HMO unless you can convince me otherwise.

IceBoy

[worsy]

Talk to an agent. Best returns are likely to be student suitable I imagine, but why Liverpool, look at places like Aber which is cheap as chips and huge influx of students.

[IceBoy]

worsy said:

Talk to an agent. Best returns are likely to be student suitable I imagine, but why Liverpool, look at places like Aber which is cheap as chips and huge influx of students.

Worsy,

The reason I have been looking at Liverpool:

1. Huge investment in to the city and this seems to continue
2. Highest yields in the UK
3. Excellent capital appreciation
4. Property prices still seem reasonable.

IceBoy

[DSLiverpool]

Speak to propertyhub they might suggest Birkenhead which is smelly and horrible (I live there) but many a bargain to be had.

[worsy]

IceBoy said:

worsy said:

Talk to an agent. Best returns are likely to be student suitable I imagine, but why Liverpool, look at places like Aber which is cheap as chips and huge influx of students.

Worsy,

The reason I have been looking at Liverpool:

1. Huge investment in to the city and this seems to continue
2. Highest yields in the UK
3. Excellent capital appreciation
4. Property prices still seem reasonable.

IceBoy

Fair enough. The centre has improved massively over the last few years.

[BoRED S2upid]

worsy said:

Fair enough. The centre has improved massively over the last few years.

If you’ve been to the city centre recently you will notice a LOT of new build flats all aimed at the student market. For that reason I’d give it a kiss until the current building boom settles down.

There are plenty of places close by that still offer very reasonable properties and good rents. What are you looking at?

I own a BTL over in Wrexham and live on the Wirral.

[hellorent]

I've been a LL in Liverpool for over 30yrs, if you want to pm me a number I will gladly try
and answer any questions you have.

[cerberaperv]

I’m also based in Liverpool. Me and the mrs have both been full time in property since 05.
After building our portfolio, we went on to build other investors portfolios. A lot of which my mrs still manages today.

There’s a lot of interest in Liverpool at the moment and I’ve seen dozens of out of town Landlords over-spend or think they’ve bought a bargain in a low value area, only to find the tenants don’t pay.

I don’t really do portfolio building anymore but happy to advise where to buy and more importantly where not to.

[chardinho]

Hello, I’m interested. do you mind if I PM you?

[hellorent]

chardinho said:

Hello, I’m interested. do you mind if I PM you?

If it's me your replying to, yeah no probs