Liverpool panoramic

Eddisons' Local Lens Liverpool

Home to two footballing giants, The Beatles, Britain’s biggest cathedral and so much more, Liverpool is an exciting city that is constantly growing through a wide range of developments. Discover why this Merseyside location could be perfect for your next investment.

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The history of Liverpool

In 1207, King John founded the borough of Liverpool by royal charter. It was made up of just seven streets at the time but has now grown into one of the UK’s most famous cities.

Trading and the Industrial Revolution

Liverpool became a major port for transatlantic trade in the 17th and 18th centuries, moving products like salt, fish, textiles, sugar and rum to other countries.

The Industrial Revolution saw Liverpool become one of the world’s leading ports thanks to the growth of docks, such as Albert Dock, and its shipbuilding expertise.

Immigration and cultural diversity

The success of the port attracted people from all over the globe during the 18th and 19th centuries, turning this location into a cultural melting pot.

Irish nationals journeyed across the Irish Sea during the Great Famine, the Welsh came and contributed to construction projects, Chinese people established Europe’s oldest Chinese community and workers from the Caribbean travelled here predominantly after World War II.

Sport and popular culture

Liverpool is an iconic city when it comes to sports, especially football. Home to one of the world’s fiercest rivalries, Liverpool FC make up the red side of the city while Everton FC represent the blue half. The Toffees were founded in 1878 while the Reds came 14 years later in 1892. LFC are the more successful of the two, winning 46 honours since records began.

The city is synonymous with pop culture too, most commonly for its music scene. The Beatles formed here in 1960 before becoming global superstars, putting Liverpool on the map for popular music lovers worldwide. They were also at the forefront of the ‘Merseybeat Movement’, the UK’s first significant contribution to pop music. Elvis Costello, Gerry and the Pacemakers, and Sporty Spice are other noteworthy stars from the city.

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Modern day Liverpool

Liverpool in the 21st century remains a popular choice for both tourists and residents. Its nightlife is unrivalled, with bars, clubs and restaurants dotted across the region. According to the Michelin Guide, “8” By Andrew Sheridan and Nord are among the best eateries here, while Sensation and Flares are two of the nightclub highlights.

The city is also renowned for its academic opportunities. The University of Liverpool, Liverpool John Moores University and Liverpool Hope University can be found here, offering courses like Architecture, English, Maths and so much more.

While there are countless modern attractions here, there are also some that pay homage to the past. The Beatles Story Museum offers fascinating insights into the band’s history, the Museum of Liverpool explores the influences that shaped the city, and the Merseyside Maritime Museum (currently closed until 2028) can transport you back in time and show you how Liverpool became one of the UK’s major gateways to the rest of the world.

Liverpool’s community

The latest figures estimate that Liverpool’s population comprises more than 495,000 people, making it the ninth largest across the UK. Broken down into age groups, 17% are 0-15 years old, 67.7% are 16-64 years old, and 15.3% are over 65 years old. Thanks to its universities, a significant portion of those in the 16-64 group are students. Together, they add 60,000 people to Liverpool, giving it one of the largest student populations in the country. This youthful crowd ensures the city’s nightlife never fades.

A closer look at Liverpool’s economy

One study revealed that Liverpool’s economy was the UK’s fastest growing in 2023 at 20%, five times faster than London’s. The city’s gross domestic product (GDP) was £16.7 billion (as of August 2024), roughly equating to just over £37,000 per person.

Several sectors have seen significant growth in recent years, including:

  • Health and life sciences – Liverpool is widely recognised as a leading hub for vaccine development
  • Advanced manufacturing – The city is home to one of only seven government-approved Manufacturing Technology Centres in the UK and has one of Europe’s largest bio-manufacturing clusters
  • Green energy and environment – You can find one of Earth’s largest concentrations of offshore wind farms here

Tourism is a huge earner for the city centre region, with more than £6 billion raised in 2022. According to Visit Britain’s 2022 data, Liverpool is the fifth most visited UK town, meaning tourism spending is likely to remain high for the foreseeable future. This could help attract further investment here, presenting countless opportunities for entrepreneurs and businesses.

Liverpool Lime street train station in town centre at night

Transport in Liverpool

Liverpool is incredibly well-connected, with local, national and international transport links. For overseas travel, holidaymakers can fly from Liverpool John Lennon Airport (LPL) to global destinations like Alicante, Lapland, Malta and Marrakesh.

You will also find Liverpool Lime Street train station in the city centre. Trains can take you to London in two hours and twenty minutes while journeys to Manchester take less than an hour. The Merseyrail network is also available for inner-city travel, ensuring rapid connections around Liverpool.

Car drivers will find several handy roads around the region that can quickly get you on your way to other cities. The M62 can take you directly to Manchester, the M53 towards the Welsh border, and the M6 northbound to Scotland and south towards Birmingham.

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Liverpool’s upcoming developments

Liverpool’s modern popularity and rich history make it an ideal place for property development. Some of the leading projects ongoing include:

Liverpool Waters

A development 30 years in the making, transforming the northern docks into a sustainable and high-quality mixed-use waterfront. Everton Football Club’s new £500 million stadium will be a highlight but you can also expect to see around 600 new homes and a £70 million Isle of Man Ferry Terminal.

Paddington Village

Paddington Village is Liverpool City Council’s £1 billion flagship development site. It is located at the eastern gateway to the Knowledge Quarter and will be a 30-acre urban village that focuses on life sciences, technology, education and health. It is estimated that it will generate as many as 10,000 jobs.

Upper Central

Designed to link the universities with retail, cultural and ropewalk areas in the Knowledge Quarter, Upper Central is a £2 billion development that could create 7,000 new jobs in this exciting part of Liverpool.

Littlewoods Film & Television Studios

A £60 million injection into the city’s creative sector will see two large studios, offices and an education centre being added to the area. The city has been a filming hub for many years, with blockbusters like Captain America: The First Avenger, Harry Potter and the Deathly Hallows: Part 1, and The Batman being shot here. This project could encourage more directors to choose Liverpool as the backdrop for future movies and TV shows.

Invest in Liverpool today

The existing infrastructure and many ongoing developments make Liverpool an extremely viable option for your own projects. Whether you want to invest in property or construct your own, our team will be on hand to assist you. Please call 0151 268 0204 or complete the form below to get started.

“Liverpool offers exceptional property investment potential, driven by strong rental yields, continuous regeneration projects, a thriving student population and a vibrant economy rooted in cultural, digital and maritime industries.”

Robert Diggle

Director

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