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So Long Student Digs, it’s Luxury Living for Today’s University Students in Liverpool
May 5, 2011Article by Ray Withers
Thursday 22nd April 2011 saw the official opening of Arena House, Liverpool’s latest luxury student accommodation project sold by Property Frontiers a leading property investment agency.
Located in a prime location on Duke Street, just minutes from the city centre complete with shops, entertainment and nightlife, Liverpool Lime Street station and the University of Liverpool campus, Arena House is a far cry from traditional student digs and shared houses.
The 58 student pods are modern luxury living at its very best with flat screen TVs, contemporary furniture and WiFi. Each floor affords two kitchen areas complete with Bosch appliances and cooking utensils as well as a large open plan lounge space with leather seating and 42 inch flat screen TV. There are ample bathroom facilities, a fully equipped gymnasium, CCTV and in response to demand, disability access and wheelchair friendly rooms on the lower ground floor.
Ray Withers, Director of Property Frontiers who have sold the majority of student pods at Arena House, comments,
“I am delighted to be here at the opening of Arena House; the project has come such a long way since my last site visit and it is reassuring to see, on behalf of our clients, that Arena House has been finished on time and to such a high standard.”
Opening on 1st May, all the student pods at Arena House will be let to students of LILA (Liverpool International Language Academy) which serves overseas students studying languages in Liverpool. They have taken these pods due to their high specification which meets the needs of their international students.
Fully managed by Penlake Limited with over 10 years experience, Arena House is the third student accommodation project in Liverpool to be completed by this particular developer. Investors at Streatlam Tower, the 36 unit fully refurbished building complete with original architectural features including stained glass windows, wooden beams and a four storey spiral staircase carved from a single piece of wood, have been receiving returns since its opening in February 2011 and those with pods in Beacon Building since Spring 2010.
Meeting the demand for quality accommodation from Liverpool’s 53,000 student population, pods at Property Frontiers’ latest development, Oliver House, located on Bold Street, are selling quickly with only a handful remaining.
Available from £41,000, the 38 student pods of Oliver House will be completed to the same high standard as those at Arena House with investors set to receive 10.11% net annual yield with the first year assured.
For more information about student investment accommodation in Liverpool and indeed the last remaining units at Oliver House contact Property Frontiers today on +44 (0) 1865 202 700.