42.89 F
March 2, 2024
PI Global Investments

Benefits of Investing in Luxury Liverpool Property (2024)

According to a poll by uSwitch, EPC ratings are one of the first things people consider when choosing a property to rent.

The cost-of-living crisis has forced people to think more about their energy bills. In addition, while the government went back on their EPC regulations in 2023, industry experts expect those requirements to come back soon. For instance, Rightmove’s David Cox recently said:

“It’s likely that EPC requirements in some form will re-appear in the near future, so landlords with lower EPC-rated homes should still keep this in mind and consider the improvements they might make. However, with the deadline scrapped and all the attention on the Renters’ Reform Bill, it may be that while focusing on the changes the Bill brings in, considerations about green improvements take a back seat for some landlords.”

For this reason, buy-to-let investors should consider properties that offer energy efficiency straight away. Typically, new-build properties will come with modern amenities that prioritise energy efficiency. For instance, Liverpool’s first eco-property, ELEMENT – The Quarter, features sustainable technology like heat pumps, appealing to climate-conscious individuals.

Regarding amenities, luxury properties have unique features distinguishing them from more conventional homes. The Gateway – located in a rental hotspot near Liverpool’s business district – will offer a pool, spa, concierge service and New York-style living on our side of the Atlantic.

These features enhance a property’s appeal, attracting high-end investors and tenants, and help ensure properties keep their value over time.

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