Get in touch
Tel: +44 (0)161 772 1390
Menu Open Search Icon
Tel: +44 (0)161 772 1390

Where should you invest this week?

Where should you invest this week?

The rise of student accommodation as an investment class is almost old news by now. It is more accurate to talk of the sector as an established, mainstream option for investors looking to expand, diversify or streamline their portfolios.

The high level of steady demand we have been seeing in recent years has encouraged more developers to enter the sector and build a wide array of excellent investment opportunities. It can sometimes be difficult to pick out the best ones – to help with this conundrum we have picked out two particularly good student apartments in rental hotspots available for investors.

X1 Chapel Street, Salford

Salford is one of the UK’s busiest student markets. The local university provides accommodation for less than 10% of its students, and the rest have to rent privately. This includes a large number of international students who are famously fond of high quality private accommodation instead of traditional university halls or older local housing.

X1 Chapel Street is located only a short journey from the University of Salford and has proven to be extremely popular with local students since its completion in 2014, enjoying market-leading tenancy rates and rave reviews from residents. The area is packed full of shops, bars and restaurants as well as being within easy reach of Manchester city centre for those who want to take advantage of everything on offer there.

The apartment is let and managed by the award-winning X1 Lettings and is currently tenanted to provide immediate income to the investor. This stunning apartment is listed at £62,000 and has an approximate NET yield of 7%.

For more information and to enquire please click here

X1 Arndale House

Similarly to the previous recommendation, X1 Arndale House is located in the very centre of one of the UK’s most renowned rental markets. Liverpool is one of the world’s leading destinations for students looking for both a quality education and a world class living experience. Everything Liverpool has to offer is within a short journey of X1 Arndale House.

The development enjoys a 100% occupancy rate, including this apartment which is currently tenanted to provide immediate investor income. Residents can enjoy their large studio apartments as well as the outstanding communal facilities which include a gymnasium, kitchens, a communal lounge and secure bicycle storage.

The apartment is valued at £51,000 and is within its assured rental period until 2019, offering a NET rental yield of 8.6%!

For more information and to enquire please click here