City Centre En-suite Student Rooms in Student Accommodation - Gradwell Street, Liverpool
Gradwell Street is now sold out. We will imminently be launching another student accommodation in the city centre of Liverpool.
Watch this space!
Student accommodation in Liverpool has been extremely popular recently with similar developments selling out in only a few weeks.
Investors should move quickly to buy these superbly located student properties which are close to Lime Street station and the City centre with its excellent shopping and vibrant nightlife.
There are 62 en-suite student rooms available at only £48,000. With a NET yield of 10% in the first year and lettings from September 2012 contact us now so as not to miss out.
Knight Frank's 2011 Student Property Report confirms that UK's student accommodation market has emerged as a key asset class in the past decade.
There are now 70,000 students in Liverpool, and there continues to be a shortage of quality student accommodation.
Private operators now provide early 150,000 student bed spaces in the UK.
Demand for student bed spaces exceeds supply and is expected to continue to do so. UCAS says that demand for academic courses is at an all-time high with nearly 700,000 university applications received in 2010.
Whilst student applications rose by 34% in the five years to 2010 the number of available places increased by only 20%.
Historically, rental growth in the London student market has outperformed the regions but this has now been reversed. Says Knight Frank's Neil Armstrong: "Rents in the regions have seen steady growth in the private sector and we predict this trend to continue."
Completion of this development is due for end of August 2012 so that investors can receive income from 1st September 2012.
There are 62 en-suite student rooms fully furnished to include bed, blinds, wardrobe, workstation, internet connection and flat screen television. There are also communal kitchens and communal lounges with 42" flat-screen TVs on each floor. Additional facilities:
- on-site gymnasium
- computer/media service centre
- management office and laundry facilities
Jean Liggett comments
The developer has an excellent track record in Liverpool and is trusted by Liverpool City Council to deliver accommodation that Liverpool needs.
He has already delivered several student accommodations in Liverpool that are to a very high standard and students are happy with, but also investors are delighted with their investments and have gone on to buy additional units.
I have looked at the completed developments as well as the ones being built with the developer, and was very impressed with them.
The developer cares about what he develops renovating historic buildings and maintaining their original architectural features.
Indeed, I visited one of the student accommodations the developer is renovating a few weeks ago; this was originally a city centre fire station.. Fantastic architectural features throughout the building that the developer is preserving. Very impressive. I loved it.
Not surprisingly these type of buildings are in demand because people want to live/stay in them.
In Marylebone, London, W1, there is a fire station that is being converted to a luxury boutique hotel on Chiltern Street.
Liverpool Council's involvement was evident as whilst I was in Liverpool, he received a phone call from Liverpool Council to confirm a meeting and chat about plans for this development.
The developer has a sister company that manages the properties after they have been sold. This long term commitment reassures investors as the developer does not simply build the properties and walk away.
The Area Where Student Accommodation Is
This student accommodation is just off Duke Street and just around the corner from Hanover Street.
Duke Street was an industrial street with the odd residential merchants house amongst the warehouses. The merchant's houses were residential and industrial.
It is emerging as one of the trendiest and most sought after streets to live in in Liverpool. This is not surprising with.
This quarter is sought after by not only the students, but also by the trend setting and affluent Liverpudlians. From new developments such as the East Village, which consists of smart cafes, restaurants, a courtyard with modern and smart brick flats with lovely balconies. The Courtyard looks onto a restaurant and a courtyard with with paper mache sculptures of bears.
Hanover Street is one of the most famous streets in Liverpool It is now the Home Quarter as it is adorned with trendy furniture, homeware, stylish shops -- slightly Scandinavian in style. And further down the street is BBC Merseyside and on the same side of the street the Epstein Theatre and the Abbey. Jamie Oliver has opened a restaurant there.
And almost immediately to the right is Bold Street, famous for its shops, cafes and a favourite hang out for students.
Not surprisingly the same developer is just opening up a student accommodation, and students were fighting over this.
Right around from this student accommodation there are bars, restaurants, vinyl shops, vintage clothing shops, clothing shops, books shops and coffee shops.
- Choose your preferred property
- Pay £2,500 reservation deposit
- Exchange contracts in April 2012 and pay £30,500 deposit
- Pay balance of £15,000 by end of August 2012
- Receive income from 1st September 2012
This is a cash purchase only.