RSS Feed

Related Articles

Related Categories

Phoenix Place offers investment opportunities in Liverpool student property market

3rd October 2016 Print

The student property market continues to be one of the most popular and profitable routes to property investment in the UK today. As one of the UK's most popular study destinations, home to multiple universities and a shortfall of student beds, Liverpool is one of the prime markets for student housing investment. Phoenix Place, a new purpose-designed student housing project in a prime location, has now given investors the opportunity for affordable investment in quality student accommodation.

The first phase of Phoenix Place will create 134 new student beds, offering high-quality and modern living standards. The development also boasts an excellent location. It sits right in the heart of a mixed use redevelopment project, which has made the area a major centre for both student and residential housing. The area in which Phoenix Place resides is also close to another redevelopment initiative; the £150 million, 45 acre Jennifer Project. This redevelopment will bring such amenities as medical care facilities, markets, shopping, free parking, and a petrol station to the area as well as create a large number of local jobs.

It is not just the up-and-coming nature of the area and the fruits of its redevelopment that make Phoenix Place's local area an attractive one for student property investors. Just as important is the central nature of the location. It is within walking distance of the many amenities offered by Liverpool City Centre and, crucially, all of Liverpool's main university campuses. The development also offers excellent access to public transport links. It is just ten minutes of walking away from the nearest railway station, providing excellent transport links across the country. Practically next door to the development are both a large park and a major supermarket due to open in 2017.

Phoenix Place will provide 134 student beds in the first instance, which will be a mixture of en-suite and studio apartments across six floors. The students who tenant these apartments will have access to fully-fitted kitchens, communal lounges, and thoroughly up-to-date fixtures and fittings. Investors in these apartments will receive a similarly strong package of benefits. Prices start from just £49,950 for en-suite apartments or £57,950 for studios, and those who invest during the initial launch phase will benefit from three years of assured rental returns at a net rate of 9%.

Furthermore, all apartments come fully managed by experienced student property management specialists Urban Student Life. This makes investment in Phoenix Place an investment with plenty of profit potential with very little effort, ideal for those investors who are seeking a hands-off income stream from a thriving segment of the property market.

Liverpool is one of the UK's leading university cities and most popular student accommodation investment locations. Offering excellent-quality accommodation in a prime location to an undersupplied market, Phoenix Place is likely to prove very appealing to investors and tenants alike.

For more information about Phoenix Place in Liverpool, please contact Hopwood House.