New research shows where in the UK it is possible to find a home below the national average price of £200,000 but in areas where there has also been storing price growth in recent months.
Liverpool's central L1 postcode is the top affordable area on the up, having seen a property price increase of 41.2% in the last year. An average property increased in value from £85,000 between December 2011 and November 2014, to an average of £120,000 for the year to November 2015.
The analysis of Land Registry data by consumer organisation Which? Mortgage Advisors, also shows that second and third were 'LL27 in Conwy North Wales and BD1 in Bradford, just east of the city's University.
THE largest speculative warehouse project in Liverpool for a decade has been launched by Peel Logistics.Eric Wright Construction has started work on L175, a 175,000sq ft industrial and logistics facility at Liverpool International Business Park.
LIVERPOOL's historic Albert Dock has changed hands in a £43m deal.Aberdeen Asset Management has purchased the Unesco heritage site from the Albert Dock company, a subsidiary of developer Arrowcroft .The former working dock, built in the 1840s at the peak of Liverpool's shipping success, was renovated from dereliction by Arrowcroft in the early 1980s.
A GOVERNMENT-let office building in Liverpool has been sold for £7.9m, reflecting a net initial yield of 7.49% and a capital value of £98per sq ft.
THE largest office deal this year in Liverpool’s central business district has completed with a 19,403sq ft letting at No1 Tithebarn to Carpenters Ltd on a six-year term.Carpenters Limited is a legal firm with a head office in Birkenhead.
THE landmark BHS building in Liverpool has been acquired on behalf of a private client in a transaction worth £17m.
National law firm Freeths said it had completed the purchase on behalf of an unnamed buyer in one of the largest investment property acquisitions by a private party to take place this year.
DEVELOPER Downing has placed Graeme House, its 90,000sq ft Liverpool city centre development, on the market for £8m. The company has appointed CBRE to market the building on Derby Square directly between the Liverpool ONE retail and leisure complex, Queen Elizabeth II Law Courts and Castle Street.
As many as 2,750 people apply to buy around 120 empty and unloved Victorian homes at rock bottom price in project to regenerate deprived areas
ACCOMMODATION for 502 students in Liverpool and Stoke-on-Trent has been bought by listed company Empiric Student Property in a deal worth a total of £41.6m.
London-based Empiric has bought the properties from Urban Sleep for £22.8m and has taken on the existing debt on them of £18.8m.
PLANNING permission has been granted for a £90m new build and refurbished student scheme for the University of Liverpool.
The complex package of redevelopment will see six buildings at the Greenbank Campus - Derby House, Rathbone Hall, Rathbone House, Warden’s House, Warden’s Court and Roscoe and Gladstone Halls - replaced by three new accommodation blocks.
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