Is This the Best Located Student Development in Liverpool?
Nowadays students are becoming more discerning customers. They want good quality accommodation in a prime location. Students want to be able to roll out of bed and step into the lecture hall, they don’t want to have to take a bus halfway across the city for a 9am lecture. It’s important to keep this in mind when looking at investments, because those in prime locations will often see the highest demand and subsequently reward with a higher yield.
Boasting an excellent location, this central Liverpool student accommodation investment is not one to be overlooked. The size of the rooms and ergonomic design ensures superiority to other student developments in the locality. Comparable developments in the area include one development on nearby Maryland Street that is designed to a much lower standard, studios in Vita Student located on Crosshall Street are a lot smaller at 18m² compared to studios in Sir Thomas House that are 21m², yet the weekly rent is the same, so it is easy to see why students would choose Sir Thomas as it represents better value for money. The real appeal of Sir Thomas House is that it is cleverly designed so that work, live and sleep areas are separated, allowing students to really feel as though they are living in a one-bedroom apartment.
The location really sells itself. L1 has repeatedly been named as one of the best locations to invest in, due to the high capital growth properties are experiencing in the area, yet the modest prices they remain at – for now. House price growth is indicative of one thing – an increasing desire for residents to live in a certain area. It’s not hard to see why professionals and students alike are attracted to L1, it boasts a vibrant nightlife and entertainment scene, Liverpool One is on the doorstep as is Liverpool Lime Street railway station. Students can enjoy an easy 5-minute walk to the Avril Robarts Library and LJMU James Parsons Campus, and the demand will only increase with the construction of a new Liverpool John Moores University campus at Copperas Hill.
