Welcome back to the Experience Invest Blog, where we bring you all the latest UK residential and commercial property market news. We recently conducted a poll of 2,000 British adults, which shows that people in Liverpool are more likely to invest in student housing than anywhere else in Britain.
Investing in student housing
Our study suggested that over a quarter (26%) of investors in Liverpool are thinking of investing in the city’s student housing market. At present 50,000 students live in Liverpool and this is likely to rise further after this year’s UCAS intake, which recently closed for the autumn.
The north-western city has a range of new and ultra-modern investments, such as Libertas, Artesian and Queensland Place, which have proved particularly popular with students. As such, Experience Invest found that Liverpool-based investors are 10% more likely than the average British investor to buy into student property.
The rise of new developments in Liverpool can be attributed to changing circumstances; demand for good housing that’s suited to fast-paced student lifestyles has driven the market. Meanwhile, Experience Invest’s statistics indicate that almost a quarter (24%) of Liverpool-based respondents believe that investments in student housing yield a higher rate of return that other property classes.
This perception is borne out by reality, just look at Experience Invest’s purpose-built student accommodation in Liverpool. It has a minimum assured return on investment of 10% NET per year for up to five years (depending on the specific property).
This rise in developments can be largely attributed to the fact that students are starting to abandon traditional halls accommodation, as they believe it’s outdated. Just 23% of students expect university halls accommodation to supply Wi-Fi and other modern amenities. However, newer developments in the city provide students with increasingly luxurious accommodations in prime central locations, along with other benefits such as spacious communal lounges, study areas, gyms and even cinemas.
Research the market
Commenting on the rising levels of investment in Liverpool’s student housing, Jerald Solis, Business Development & Acquisitions Director at Experience Invest said: “Liverpool is one of the UK’s most popular cities with current student numbers increasing at a steady rate year-on-year. Our research shows that people are savvy about the return on investment which can be gained across the country.
“Before making any investment in this area however, we always urge people to research the student market thoroughly. At Experience Invest, we have created a purposely designed guide to student housing investments, giving a wealth of background to the many people interested in investing in this type of property to see if it’s right for them.”
Experience Invest is a London-based independent property company specialising in residential investments, student property and care home investments. The company operates across the UK and internationally, and is regularly featured in the property news – see The Telegraph, on Yahoo Finance, and by Reuters for examples of recent articles.
Experience Invest works with a range of clients, from first time investors to high-net worth individuals, offering them unique access to properties not always available to individual investors.