Our Liverpool focused property sourcing service is perfect for those investors who are typically cash-rich and time-poor.
We understand that the property market can be potentially complex and time-consuming, so we help you to navigate through your property investment journey.
Most importantly, our sourcing service is jargon-free and simple to understand at all times.
Winova Property Sourcing Limited is a fully compliant property sourcing company which means we have professional accountability, are registered with the Property Ombudsman, ICO, Anti-Money Laundering with HMRC and are fully insured with Hiscox to carry out this work on your behalf.
We will help you make the right decisions when investing by:
Providing impartial, independent and unbiased advice on where to buy, what to buy and why to buy based on your own requirements.
Offering introductions to our preferred local letting agents, builders and access to members of our ‘Power Team’.
Managing the refurbishment, if required, until full completion.
We advise our clients on the entire property investment strategy and process, including suitable locations, budgets, price per square foot values, demand, yields, comparables, capital appreciation prospects and much, much more.
Frequently asked questions
What is property Sourcing?
How long does the property sourcing process take?
Are you able to find tenants?
What is the difference between an ‘estate agent’ and a ‘property sourcing agent’?
Can you help with my mortgage application?
Can I use my own solicitor or builders?
What is rental yield?
What kind of yields can I expect?
Do I need to do my own due diligence?
What makes a property sourcer fully compliant?
What does BMV mean?
Why use a property sourcing agent to help find and secure BMV property deals?
What is a HMO?
What is a single let property?
Why invest in Liverpool?
Liverpool wasn’t always the thriving city it is today.
The 1970s and 1980s brought economic difficulties in all of Britain, but prominently so in Liverpool. It had some of the highest unemployment rates in the country, tons of factory closings and thousands of people leaving the city.
The mid-1990s finally saw some turnaround, with a drastic economic revival coming from billions of pounds spent on improving the city, attracting jobs and increasing tourism.
The Liverpool economy is still rapidly improving, as it is considered one of the fastest-growing cities in the UK.
Below are some of the efforts Liverpool has taken to become the city it is today:
Liverpool has been going through a ton of regeneration efforts to upgrade the city drastically.
As these projects are completed over the next several years, property values are sure to rise to reflect these improvements and the rising demand to live there.
Here are some of the regeneration projects occurring.
Liverpool will be spending £500 million on improving its roads.
Their goal is to improve key routes that are in poor condition and have lots of traffic.
This project will likely cause some disruptions in the short term but will have considerable benefits in the long run.
The Anfield Project
Anfield is where Liverpool FC plays, and the stadium and surrounding areas are undergoing a significant renovation.
The project has been going on since 2012 and is headed by a partnership of Liverpool City Council, Liverpool Football Club and Your Housing Group.
The project seeks to create an attractive environment around Anfield by:
- Adding new and refurbished housing
- Expanding the stadium
- Developing a new public square with retail and commercial premises
- Revitalizing high street
Liverpool has some beautiful waterfronts, and Liverpool Waters is going through a massive regeneration project.
Liverpool Waters will see 60 hectares of historic dockland regenerated, creating a £5.5 billion world-class, high quality, mixed-use development.
This will provide 1.5 million square meters of floor space, encouraging a significant increase in Liverpool’s cultural and business offerings.
It’s a 30-year project that is a major part of Peel Investments’ £50billion ‘Ocean Gateway’ project to regenerate its land and assets fronting the Manchester Ship Canal and the River Mersey.
The site is also adjacent to Ten Streets Creativity District, which is revitalizing historic docklands over the next 15-20 years.
The Liverpool Knowledge Quarter
The Liverpool Knowledge Quarter is an area that contains the city region’s key partners, creating an environment that inspires innovation in science, technology, education, health, and culture, among other fields.
It seeks to support the growth of new innovative businesses and promote programs that invest in research and its 54,000 students.
There are already £1billion of new developments underway, one being the Paddington Village expansion site, which includes facilities such as RCP North, Rutherford Cancer Centre and Liverpool International College.
Liverpool One is a massive £960 million shopping centre built in 2008.
It has more than 170 shops, bars and restaurants spread across five districts in the hear of Liverpool City Centre.
Millions of people visit Liverpool One, and it is a big tourist attraction.
Capital of Culture 2008
In 2003, Liverpool won the right to be named Capital of Culture for the year 2008.
They spent five years planning events that left a lasting impact on the city.
Some of the events were:
- Liverpool The Musical
- Holocaust Memorial Day
- British Dance Edition
- Three Sisters On Hope Street
- Viennese Balls
- Art in the Age of Steam
- Fragrant Liverpool
- Streets Ahead
- Liverpool Sound Concert
- The Open Golf Championship
- Carnival Weekend
- World Firefighter Games
What does a high rental yield mean?
Rental yield is a measure of how much cash an income-generating asset produces each year as a percentage of that asset's value.
So for real estate, the rent yield is the rental income as a percentage of the property’s value.
How to calculate rental yield:
Property value: £800,000
Expected rent per month: £5,000
£5,000 x 12= £60,000 (annual rent income)
(£60,000 / £800,000) x 100= 7.5% rental yield
Ideally, rent yields are around 7% or 8%
Liverpool has some of the best rental yields in the country.
Liverpool’s average rental yield is around 5%, which is far better than cities like London (3.05%0 and Southampton (3.55%).
Some of the best postcodes in Liverpool as of 2020 are:
- L1 - 10%
- L11 - 8.67%
- L6 - 8.12%
- L2 - 7.56%
- L3 - 7.40%
- L4 - 7.13%
How does Tourism & The Student Population impact investment?
Liverpool has a huge student population, with about 70,000 students.
This means a significant portion of that population will be looking for housing, especially rentals, which is something you can take advantage of.
A large student population also usually means that bars, restaurants and clubs will be thriving in nearby areas, which can help the property value.
With Liverpool’s regeneration efforts, tourism has been increasing in Liverpool and improving the economy.
As of 2019, the tourism economy was worth over £4.9 billion, which is 400 million more than 2018’s all-time high.
And in 2018, 67.3 million visitors came to the region, which brings in a ton of money for the city and supports over 57,000 jobs.
Liverpool also has tons of tourist attractions, such as:
The Beatles Story (and tours for Beatles landmarks)
St. George’s Hall
This all combines to help Liverpool’s economy, which is great for property values.
You can also take advantage of this tourism by renting out property Airbnb style.
Have jobs increased in the local area?
Jobs have been on the rise in other areas besides tourism as well.
The tech sector has had huge expansions, and 11,451 new businesses started up in 2018.
Things look good for the future as well, with reports predicting that 11,600 new jobs will be created over the next three years.
This all bodes well for the economy, and the demand for housing will increase, which is great for investing.