Landlord Knowledge - The Home of Savvy Buy to Let Property Investors

Buy to let – Size matters

When it comes to property, size matters. A survey from the Royal Institute of British Architects (Riba) shows that size is the most common problem people have in relation to their property. 75% of respondents consider a lack of space a ‘key issue’ while 69% say they do not have enough room for their belongings. For many renters and buyers, space comes with a premium price tag which is unobtainable. The UK’s ‘smallest house’, which is only 188sq.ft, sold for £270,000 last year. The north London property is a fifth of the size of the average new build home. It would seem that when it comes to the UK property market, size comes with a hefty price tag.


High demand for new homes

There is a housing shortage across Britain. The rising price of property and the expensive price of renting has caused many to compromise on their living standards.

According to Knight Frank, 141,000 homes were built in the year to April 2014 which represents a 4% rise in construction.

Despite this increase in homes being built, figures show that around 230,000 new households are formed per year. It is clear that there is an undersupply of housing in the UK.

Those on a budget such as students and young professionals – who are rarely able to secure social housing – are feeling the pinch.


Student satisfaction hits all-time lows

A WhatUni report shows that students are not happy with the accommodation options available to them.

Students are turning their backs on university operated halls and outdated HMOs and are turning towards the private rented sector.

According to the National Union of Students (NUS), 51% of all students are looking towards privately operated halls of residence. These new-built apartments typically have better facilities (Wi-Fi, gym, cinema, 24/7 CCTV) and are often cheaper throughout the duration of the academic year as bills are included.

Property investors have noticed this trend and are taking advantage of this new wave of renters. Investment in the UK’s student property market is set to reach £5.5 billion in 2015 – more than the last two years combined.

12 month tenancies and higher than average yields have attracted the attention of investors who are now willing to dip their toes in a market which was once considered as an ‘alternative’ asset class.


Building a better future

Liverpool is a hub for students and young professionals. The city recorded the strongest jobs growth in England in May 2015 (CV-Library) and is ranked as the UK’s 8th best buy-to-let location (HSBC 2015).

To answer to the demand for rental apartments in Liverpool, Experience Invest has launched a new buy-to-let property investment.

Parliament Place is strategically positioned just outside Liverpool’s city centre. Unlike other developments in the city, planning has been approved for residential and student use.

With 3 major universities and 4 large hospitals in a one mile radius, studio apartments within the development will appeal to young professionals, key workers and undergraduate and post graduate students.


Largest studio apartments

The new, self-contained studio apartments will be delivered fully furnished and at 25m2 they are some of the largest studio apartments currently available in Liverpool. As all bills are included, residents will benefit from a lower cost of living.

Dale Anderson, Project Manager at Experience Invest comments: “We are pleased to launch our latest buy-to-let opportunity in Liverpool. Apartments within Parliament Place will answer to the demand for good quality rental property in Liverpool. The development is ideally located by two of the city’s largest hospitals and three major universities.

“This is a buy-to-let investment and investors will secure an assured 3 year income of 10% NET per annum. Investors will generate a passive income from this fully managed opportunity,” Anderson added.


Buy-to-let apartments in Liverpool

Parliament Place represents a low entry level opportunity for those looking to invest in buy-to-let property.

Investors can secure 10% NET per annum which will be assured for a 3 year period and 4% interest is paid on deposited funds.
For a truly hands-off investment, the development will be fully managed by an award-winning management company who will managed, maintain and market each room within the building.

Investors are urged to act quickly to ensure that they do not miss out on this high yielding investment opportunity.