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Area Guide: Kensington, Liverpool

A property investor's guide to Kensington; an area on the cusp of a property price boom

Three developments transforming Kensington

Royal Liverpool University Hospital

Opened in 2022, the site employs around 7,500 staff. Demolition of the old hospital, opposite the new one, is now complete. NHS University Hospitals of Liverpool, University of Liverpool and a local charity are all planning developments to take its place.

Paddington Village

The flagship development in Liverpool's £2bn Knowledge Quarter scheme. Comprises Sensor City, Liverpool Science Park, a £35m Novotel apart hotel, and the new 160,000 sq ft northern headquarters for the Royal College of Physicians. Further developments planned.

The Littlewoods Project

This vast 1930s art deco building sat empty for decades. Restoration is well underway and it's tipped to transform Liverpool into 'the Hollywood of the North' when it opens as a world-class media hub with film & TV studios.

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Let your takeaway from this Kensington area guide be to BUY NOW!

It’s in a sweet spot. Rents are high. Rental demand is high. Innovative health and tech employers are moving in all around, but property prices haven’t yet caught up! Locals still think of Kensington as studentville, and a bit rough round the edges, but the tide has turned and gentrification is coming. If you’re smart, you could benefit from very healthy capital appreciation over the next 10-15 years.

 

Location

Kensington sits on the easterly edge of Liverpool. It’s outside the centre right now, but thanks to urban spread, the city is well and truly coming to meet it!

Residents can walk to Liverpool Lime Street Station in half an hour, or jump on one of the many buses.

 

Demographic

Housing in the area comprises row after row of redbrick, Victorian, terrace houses. Traditionally, the demographic has been a mix of students, benefitting from close proximity to the University of Liverpool, and low-income renters.

Thanks to significant regeneration, as well as the large developments mentioned above – Littlewoods Project, Paddington Village and Royal Liverpool University Hospital – (amongst others) this is changing. Tenants who don’t want a city centre apartment but do want to be close to town, and the Knowledge Quarter in-particular, are choosing Kensington.

 

Transport links

In the car, 10 minutes in one direction takes you to Liverpool City Centre, 10 minutes to the other way gets you to the M62 motorway. Residents can be in Manchester within 45 minutes.

Kensington is well-connected. Edge Hill Train station is less than a mile away, and Liverpool’s main rail station, Lime Street, is 1.5 miles. Buses to and from the city centre are pretty much constant.

 

Infrastructure and Development

What sets Kensington apart from other areas of Liverpool is the sheer volume of development taking place.

It has all the convenience of city centre living, plus all the potential of an area with well-built, traditional homes surrounded by multiple, ongoing, major developments. Enough of these projects are now operational that the area is shifting as a result. But this is just the beginning. Lots more professional employment options will land on its doorstep in the next few years. The site of the recently demolished old Royal Liverpool Hospital, for example, is set to become a world-class health campus.

 

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