Trendy Liverpool Neighbourhood is 11th Coolest in the World
The Baltic Triangle in Liverpool has been named “the coolest neighbourhood in the UK” in a new ranking from TimeOut.
The publication releases the list yearly, setting out what they believe to be the best city hotspots based on the opinions of thousands of city-dwellers.
The top spot for 2023 went to Laureles in Colombia, but Liverpool’s Baltic Triangle was awarded the highest entry for a UK neighbourhood. It placed 11th overall, leaving it just shy of a top ten place for the worldwide ranking.
The Baltic Triangle consists of 93 acres of mixed-use land and is located on the southern edge of the city centre.
See the latest Liverpool buy-to-let market news below!
What Makes the Baltic Triangle So Cool?
According to TimeOut, the area’s charm lies in its eclectic mix of skateparks, independent coffee shops, small galleries, and street art-covered warehouses. It is no surprise that this is one of the best property investment locations in the North West.
The district is a magnet for Liverpool’s younger residents, attracting people in their 20s and 30s to live, work, and play there, making it one of the best places to invest in student property.
TimeOut also mentions the area’s nascent gourmet scene and exciting nightlife. The Botanical Garden, a gin bar, has been called one of the city’s best places to drink, and Manifest, a Baltic Triangle restaurant, has been added to the prestigious Michelin Guide.
As proof of the area’s creative spirit and distinct personality, the Baltic Triangle is also the original home of Bongo’s Bingo. This anarchic spin on the classic game started in the Camp and Furnace venue and now takes place in over 50 cities worldwide.
The area has seen a doubling of its population since 2010 and is now home to hundreds of businesses employing thousands of local people.
Baltic Triangle’s Regeneration Success Story Continues
As mentioned in TimeOut’s ranking, 15 years ago, the Baltic Triangle was ‘nothing more than a collection of largely abandoned shipping warehouses’. Fast forward to today, and the area has become one of the trendiest places in Liverpool and a development hotspot.
Property investors and developers have long had their eye on this up-and-coming district, and it is now home to some of the city’s most popular new build developments, such as Heaps Mill, One Baltic Square, and Central Park. With higher-than-average rental yields and affordable property, the area is particularly popular with buy-to-let investors. For details on sustainability in the area, see our recent Liverpool regeneration update.
The Baltic Triangle has displayed incredible growth, but this isn’t the end. The regeneration continues, and the nearby disused St. James train station is set to be reopened as ‘Liverpool Baltic’ in 2025, improving the Baltic Triangle’s transport links further. According to local business owners, this new station will be a game-changer in terms of footfall and the area’s attractiveness as a place of work.
Interested in Liverpool property investment? Learn more about the Baltic Triangle in RWinvest’s recently updated area guide.
We have published a useful Interest rates UK Chart for our potential property investors to review.
Liverpool Baltic Triangle Crowned UK’s Coolest Neighbourhood
