What's Happening

Get to know us and follow our latest adventures both in the office and further afield

Home  »  What's happening  »  Blog

Schools out for the summer and yet another student accommodation success story

July 29, 2011Article by Ray Withers

St Andrews, Liverpool

With the 2010/11 academic year drawing to a close it seems only fitting to report that all units at our latest student accommodation project, St Andrew’s, have sold out.

The seventh project we offered clients from our established developer partners in Liverpool proved once again popular mainly due to the prime location, double digit yield – assured in year 1 and the spacious nature of each pod.

Having visited Liverpool and our previous student projects many times I am always reminded that it is the quality of rooms, communal areas as well as the on site amenities which make these properties so appealing both to investors but also student tenants.

And it the increasing number (at present 350,000) of overseas students attending university in the UK, who seek out accommodation of this quality. As reported in The Times today students have developed far higher accommodation expectations and are prepared to pay.

One example is a student tenant called Paula Gómez; orginally from Spain, she is studying in Liverpool and living in Streatlam Tower, one of the previous developments from the same developer as St Andrew’s. She says:

“I came to Liverpool to study English. Since I arrived 4 months ago, each day I am happier living here. The house is well situated near the city center…All rooms are well equipped with everything you need including Internet and TV and on each floor there is a huge kitchen and several bathrooms. Being away from home is hard but the truth is that living here has made ??things much easier.”

Author

Ray Withers

Ray has over 17 years’ experience in the international property market and bought his own first international property investment back in 2002. Aside from running Property Frontiers, Ray has been involved in residential, hotel, student and commercial property investment and development in both the UK and overseas and co-wrote "Where to Buy Property Abroad - An Investor's Guide". As Founder and Trustee of the Frontiers Foundation, Ray is directly involved with many of its projects to ensure they have a direct and tangible impact in individual communities across the globe. He is passionate about property, travelling, scouting out new opportunities and finding time to spend with his young family.
Property Frontiers Awards

The award winning international investment specialists & founder member of the Association of International Property Professionals

Follow us...

  • Befriend Property Frontiers on Facebook
  • Follow Property Frontiers on Twitter
  • Follow Property Frontiers on LinkedIn
  • Watch property investment videos on the Property Frontiers YouTube channel
  • Property investment news from Property Frontiers
  • Read property investment commentary on the Property Frontiers blog