Consisting of 6 floors and 134 luxurious apartments, Phoenix Place offers purchasers the opportunity to capitalise over Liverpool’s thriving student market. With a choice of en-suite and studio apartments, purchasers of this development will enjoy a NET 9% rental return with a 5 year rental assurance and 5% interest on deposit.
Embracing the latest trends in student accommodation, Phoenix Place is fully equipped with all the student essentials; from allocated study areas in each apartment to modern communal facilities and WI-FI – these student apartments provide not just a secure home for students but also a place where they can live, study and socialise comfortably.
Liverpool’s Thriving Student Market
As a designated World Heritage Site and the iconic birthplace of the Beatles, Liverpool continues to attract a substantial number of visitors from across the globe. Through ambitious re-generation projects, the city’s skyline has grown, with exciting new additions to the education, leisure and retail sectors.
Projects such as Liverpool ONE, a £920-million retail and leisure complex, have enhanced Liverpool’s leading economic position in the UK. As Liverpool’s fame grows, so does its student population. Home to over 50,000 students and three major universities, Liverpool boasts one of the most diverse student cultures in the UK.
Profiting from a prominent undersupply of student accommodation, Liverpool’s student market has seen buoyant activity with rental growth in 2015 averaging 4.3% – surpassing the UK’s average of 3.65%. According to the latest report from estate agents Savills, the current student per bed ratio in Liverpool stands at 2.1 – indicating that the existing pipeline is still falling short of the demand with two students competing for every bed in the city.
Studio Apartments: From £49,950
En-suite Apartments: From £57,950
Completion: Q3 2018