Sir Thomas House is an exciting central Liverpool student accommodation investment. It is a conversion of a period building situated on Sir Thomas Street. Sir Thomas House enjoys an enviable central location, close to many of Liverpool’s university campuses, restaurants and bars, Liverpool One shopping centre and Liverpool Lime Street.
Sir Thomas House Investment Fundamentals
- Purchase price from £65,153
- Assured rental income of 8.4% for two years
- Attractive period conversion
- 5% interest on funds
- Completion September 2017
- Attractively priced for location
- Only 44 units available
Sir Thomas House – About The Central L1 Location
Sir Thomas is located within the L1 postcode – Liverpool’s most sought area for property investment, and with its credentials it is not hard to see why. Numerous studies, including a recent one by Which? placed the L1 postcode at the top of the tables due to soaring prices in the area, yet house prices remain modest – for now. With all the development in the area, it is becoming a more desirable location to reside in, for professionals and students alike. We have also listed L1 as an area we think is the best place to invest in property in 2017.
The appeal to students is only intensified by the redevelopment of the old Royal Mail sorting office at Copperas Hill into a new campus for Liverpool John Moores University – just half a mile from Sir Thomas. Sir Thomas House is already within a twenty-minute walking distance of the University of Liverpool campus, The School of Tropical Medicine and another Liverpool John Moores campus. Being so close to all of these campuses opens it up to a large student market, allowing for high occupancy rates.
What is perhaps one of the most appealing features of Sir Thomas is the value it gives students and investors alike. Modestly priced for its location, it also gives students excellent value for money with regards to living space and convenience. Similarly located developments that ask for the same weekly rent of £170, typically are sized at 18m² compared to units at Sir Thomas that are sized from 21m². Other studios in the area are of lower quality, or have a poorer design.
Sir Thomas House – The Building
Sir Thomas House is a beautiful period conversion building that has retained some of its original features to keep character, such as the original facade and arched windows. The studios boast floor – ceiling windows, allowing plenty of natural light and adding to the development’s overall appeal.
The studios have been designed by award-winning SDA architects, and have cleverly separated the living, work and sleep space to give the feeling of a one-bedroom apartment. Just by looking at the studios, they feel of superior design and build compared to nearby developments.
The development also boasts an onsite gym, cinema room and social spaces for the use of residents, further adding to its appeal.