Student Property Investment Manchester & Liverpool Buy to Let – The Best Areas
The UK capital of London is increasingly losing its grasp of power over the property market. It’s easy to see why, too, with the immense cost-of-living in the city and the dwindling housing investment market for buyers. London is a city to avoid if you are looking for a profit.
It is estimated that the average first-time buyer looking to own a home in the London area will have to pay upwards of £100,000 just for their deposit on a house. To put that into perspective against Liverpool, for example, our City Point luxury student accommodation prices start from just £59,995.
Two of the best cities currently across the UK are Liverpool and Manchester. With the North West region topping the UK’s charts for average rental yields and house price growth (capital appreciation), the cities are without a doubt some of the best options to delve into as an investor looking to buy student accommodation.
These well-known UK University cities have a vibrant and rapidly expanding student population, with around 70,000 students in Liverpool, and almost 100,000 in Manchester. Evidently, this bodes well for the student market.
Looking to buy student accommodation? Keep reading this blog outlining the places for student accommodation investment for sale UK-wide. For those with the relevant capital looking to invest in student accommodation and wanting to find the best prospective opportunity with the best chances at capital appreciation and high rental income, here’s a closer look at Manchester and Liverpool – two of the UK’s best in student accommodation investment!
Invest in Student Accommodation – Is Buying Student Accommodation a Good Investment?
If you have the capital to invest in student housing property, it’s one of the most lucrative and secure investment opportunities and asset classes in the UK. Within the property sector specifically, student investments (purpose-built student accommodation) also fare well in comparison to other residential investment and commercial property types, such as hotel investments.
A huge benefit to student property investment is the lower risk of void periods – points in time where your property isn’t inhabited by a tenant. While it’s true that the lucrative capital growth potential of these properties can give your investment long-term value, it is the rental returns that ensure a stable income. When looking to buy student accommodation, apartments and living space are always in steady demand, so that risk is not really a cause for concern.
To add to this, student accommodation investment yields are also healthy and continuing to thrive. Student rents, on average, around the UK are rising steadily in price, meaning that returns are more fruitful than ever before and can be gained faster than before too.
City centre living continues to surge within the UK, mainly with young people, and so it is important to become aware of the growing trend while the market remains lucrative and attractive returns are still available.
Our choices of student accommodation investment for sale in Liverpool, in Poets Place and City Point, offer students high-quality living in a central location, with access to local amenities and educational facilities on their doorstep.