A fantastic Liverpool property investment opportunity in the Baltic Triangle area of Liverpool has arisen, in the form of student accommodation.
Baltic House is made up of 311 units, including student apartments, 3 bedroom clusters and 3 bedroom duplex clusters. Baltic House is the first of three phases set in the heart of Liverpool’s Baltic Triangle. Baltic House is part of a wider development called Gallery +, which aims to embody the creative energy of the Baltic Triangle and become the most desirable residential blocks in the city.
Liverpool’s Baltic Triangle is one of the most eclectic areas in the city. It is centrally located and well known for its creative ambience, attracting young cutting edge artists and entrepreneurs. New businesses are constantly cropping up in previously disused warehouses and in the evening the area comes alive with late night garage raves and with an abundance of music and other event venues, there is always something to do in the area.
Due to its exciting nature and proximity to the city centre, it is no wonder this area appeals to Liverpool’s large student population.
The number of students choosing to study in the city is increasing year-on-year, and the current availability of student accommodation units cannot keep up with the rise.
Currently, there are just over 50,000 students studying in Liverpool, yet over 80% of them cannot be housed in university-owned accommodation. This means that the vast majority of them are reliant on the private sector, therefore creating sustainable demand.