Like all major cities, the city of Liverpool also has areas that are in extremely high demand. And we all know what high demand translates to – higher property prices and properties selling at a record rate.
If you have a property for sale in Liverpool and are wondering how quickly you can sell it, read this article until the very end. Today, we’ll go over the three areas in Liverpool where properties sell the fastest.
And whether your property is within any of those areas or not, don’t worry. Right after that, we’ll give you five tips on how to make your property desirable for a wide range of buyers and sell it fast. And yes, this also goes for properties that aren’t located in the most in-demand parts of Liverpool.
Areas in Liverpool Where Properties Sell the Fastest
Over the last months and years, Liverpool has been experiencing some of the fastest property sales not just in the North but across the entirety of the UK. In some areas of Liverpool, properties sold in weeks, which is unheard of.
According to recent data, over the last few years, properties in Liverpool were sold on average within just 21 days. This is more than three times faster than in London, where the average property sells in over 70 days. Without further ado, let’s take a look at which parts of Liverpool are most in demand amongst property buyers and investors.
#1 Formby (L37)
If you own a property in Formby, you’re in luck. The L37 postcode (covering the area of Formby) was ranked number one as the area where properties sold the fastest. And it’s easy to see why. It’s a fantastic beach-side town with properties costing an average of £332,241. Yes, this is over £100,000 Liverpool’s average, but the town spanning across 7 square miles is perfect for couples, families and pensioners.
#2 Mossley Hill (L18)
At number two, we have the L18 postcode covering the area of Mossley Hill. Situated around 3.5 miles to the south-east of the Liverpool City Centre, it has been deemed as one of the most attractive areas to live for families and young professionals.
The area is not only vibrant and offers plenty of green spaces, but it has excellent amenities and transport links. The cost of the average property here is £317,578, which is higher than the city’s average, but still affordable compared to other parts of the UK.
#3 Ormskirk (L39)
Largely known as one of Liverpool’s student towns, Ormskirk ranked number three for ease of selling a property. This comes as no surprise considering the massive demand for properties from investors as well as families who are looking at moving into the town.
With an average property price of £306,471, Ormskirk is a lucrative hot spot, and those who have a property in the area should deem themselves lucky. And if you plan on selling, rest assured that you won’t have a hard time finding a buyer.
5 Things You Can Do to Sell Your Home in Liverpool Fast
Whether you’re in one of the areas we mentioned above or not, there are things you can do that can help with making your property more appealing. This will result in higher buyer interest, and in turn, you’ll sell your house fast.
Make Sure You Carry Out All Basic Repairs
If you want to attract more buyer interest, make sure that your property is in the best condition possible. Some small things you can do are mow the grass in the garden, pressure wash the tiles, deep clean all floors and surfaces, wash the carpets, and paint the walls, to name a few.
These jobs will cost you a couple of hours of your time and at most, a few hundred pounds. In return, you’ll not only generate more buyer interest, but by having a property that looks appealing, you can demand a higher price. It’s a nice and easy way to bump up the value of your property by a few thousand pounds.
Set a Reasonable or Below Market Asking Price
The asking price of your property is what will determine the amount of interest your property receives from potential buyers. If you have a property in an area that is hard to sell in, setting a reasonable or below-the-market price will generate a ton of buyer interest. That way, you can quickly and easily pass on a property and unlock its capital for your next venture.
Find the Best Property Agent in Liverpool
While the condition and the location of your property matter a lot in how fast you sell your property, you still need to find a good property agent to represent you. Without one, finding a buyer can take you months.
A good property agent will not only take great photos of your property, but they’ll also do all the advertising for you. That way, you don’t need to worry about finding potential buyers or doing any of the home shows.
Be Flexible & Accommodating to Potential Buyers
Different buyers have different needs. And the more accommodating and flexible you are with their terms, the more likely you are to secure a deal for your property with a potential buyer. While you should have your own boundaries, being unnecessarily difficult can push away potential buyers and ruin what could have been a great deal for both parties. In terms of being flexible & accommodating, we mean:
- Being able to show them the property at any moment they want
- Being flexible with their move in terms
- Being fair during the negotiation period
- Signing all the necessary documents as soon as you receive them
Seek Alternative Ways to Sell Your Home in Liverpool
Even after following all of the above, you may still find it difficult to sell your property in Liverpool. If that’s the case and you don’t want to deal with the hassle, get in touch with us. At We Buy Any Home, we can sell your property in Liverpool quickly and effortlessly. And best of all, you’ll receive your money within days.
Thanks to Liverpool’s economic rise over the last decade, the city has become a hot spot for buyers and investors from all over the UK & abroad. This is fantastic news for property owners, and if you happen to be one of them, you’re in luck.
If you decide to pass on your property right now, you won’t have an issue with finding a buyer. Most Liverpool properties sell within weeks, which is in times faster than other major cities such as London.
If you’d like to sell your house fast in Liverpool, at We Buy Any Home, we want to hear from you.