Over 1,000 city centre flats are lying empty
MORE than 1,000 apartments in Liverpool city centre are lying empty, the Daily Post can reveal.
Around 10% are still waiting for buyers or tenants, as young professionals shun penthouse suites and studios in the city centre to buy houses in areas like Lark Lane, in Aigburth.
Out of 9,279 flats, 1,117 are empty, according to statistics provided by Liverpool city council and many have been vacant for some time. With some apartments boasting price tags in excess of £900,000, the uptake on such properties has been slow, but even more are planned as Liverpool’s expansion grows. While it was thought thousands of young professionals with money to spend would flock into the city as improvements such as the ACC arena got under way, estate agents have spoken of their fears that supply has far outstripped demand. The startling findings have led
some to fear Liverpool could become a wasteland of empty properties owned by London developers who are unable to rent them out or sell them on. continues.....