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Demand Rises for Shared Accommodation in Liverpool

Posted by Richard Ward in

Image courtesy of Flickr, Creative Commons

According to Mistoria Group, specialists in high yielding investment property, a shortfall of student beds in Liverpool has led to a surge in demand for high quality student accommodation.

Commenting on the supply of student beds in the city, Mish Liyanage, managing director of The Mistoria Group, said: "There is a very real shortage of quality student accommodation in Liverpool and demand is consistently outstripping supply. The number of student rooms has swelled over the last five years, but their still remains a shortfall."

In particular, Mistoria has recognised there's a particular need for quality HMO accommodation located close to the universities.

Mr Liyanage added: "Shared student accommodation in Liverpool gives investors excellent yields. There are many areas of Liverpool that are ideal for student property investment such as Kensington, Wavertree, Toxteth, Kensington Fields.

Investors can acquire a high quality, three bed HMO which will house students from £120,000 onwards."

The increasing number of student tenants in Liverpool is driving demand for quality accommodation, a trend Mistoria expects to continue in the long term.