Aura Liverpool Student Accommodation
Since launching Aura Liverpool Student Accommodation just 2 months ago, 60% of units in phase one have already been sold to UK and overseas investors.
Here we have a look at why Aura Liverpool Student Accommodation has been so popular.
No. 1 Asset Class
Since the introduction of a 3% Stamp Duty levy on buy-to-let property and second homes, alternative options on the market which carry a lower tax bill have become more popular.
Investors entering purpose-built student property – which is widely considered as the UK’s best performing asset class – will pay a 0% Stamp Duty rate on individual en-suite and studio rooms. For many landlords, student property has been a welcomed addition to their property portfolio, as this type of asset generally produces higher returns.
And, with investment starting from around £62,950, student property offers a lower entry level step onto the property ladder.
Structured payments across the duration of the build have appeal to investors based overseas, as the clear payment dates are known in advance so money can be moved. This is particularly favourable in countries such as China, where there are restrictions on the amount of money that can be moved overseas.
No.1 student development in Liverpool
Upon completion, the luxury finish of the new Aura student development in Liverpool will set the standard of the market.
Elliot Lawless of the Elliot Group is the developer behind Aura Student Liverpool. Speaking to the Liverpool Echo about the luxury finish of the student development, Lawless said: “Each cluster of en-suite student rooms will have access to a large, private lounge and dining area. For students who want to be a part of a wider community, a cinema and meeting spaces as well as a private outdoor spaces and a gym will provide everything students could possibly need for an incredible work-life balance while they study at one of Liverpool’s well-established universities.”
Located on Erskine Street – a popular student area of Liverpool due to its proximity to multiple university campuses – the Aura student development is perfectly positioned to allow its residents to enjoy all of the benefits that the city’s Knowledge Quarter.
Read more about the Knowledge Quarter here…
For more information about how to invest in Aura Liverpool Student Accommodation, simply contact Experience Invest today on +44 (0)20 7834 1113 or email email@example.com.