Liverpool is over 800 years old and there are so many things that it is famous for, they are too many to list! Investing in this great city. From music to parks to social and cultural diversity – Liverpool has it all. Student coming to study at one of the universities are never disappointed. There are three universities and the number of students keep rising – another good reason to invest in Liverpool. Over recent years we have seen a soaring number of young people from the UK and overseas choosing to study in cities such as Liverpool. Due to the high demand, universities are struggling to build accommodation, many only offering first year students the option to stay in halls of residence. The constant housing demand from students has seen HMO living thrive and investors have been reaping the financial rewards.
HMOs are very popular with the student population and are becoming attractive to young professionals. Both of these tenant sectors can supply you with tenant loyalty. Students study for 3 or more years and will continue to rent from you if the agreement and relationship is solid. Young professionals, just getting on their feet and, perhaps, trying to pay off student debts can also be loyal, long-term tenants.
Being surrounded by incredible architecture, parks, night life venues and great people, students and professionals alike are choosing Liverpool for their studies and their work. The population is growing and property owners are seeing a great return on their investments in an HMO. Home of the Beatles, Elvis Costello, Pete Best and Punch and Judy; Liverpool is so much more than that. Scousers, as Liverpudlians are also known as, are some of the most interesting people you’ll meet. They love their tales of the odd and unusual, and of eccentric characters.
The newcomers to Liverpool can soak up this wonderfully eccentric city and rent in your HMO. As said before, the population is growing as is the seduction of a city with so much to offer including a more affordable city lifestyle. Give Now Rooms Liverpool a call and see what else makes Liverpool a great place to invest.