- How to Attract Young Professional Tenants to Your Investment Property
- Heaps Mill
- Why Is Heaps Mill Good for Young Professional Tenants?
- Embankment Exchange
- Why Is Embankment Exchange Good for Young Professional Tenants?
- ELEMENT - The Quarter
- Why Is ELEMENT - The Quarter Good for Young Professional Tenants?
- The Hive
- Why Is The Hive Good for Young Professional Tenants?
- Ready to Invest in UK Property?
How to Attract Young Professional Tenants to Your Investment Property
If you’re investing in property, 2023 is a perfect time. Right now, property prices are growing at a solid rate, with a 4.1% increase in the average house price over the past year.
For those looking to invest in apartments within residential property developments, there’s one key target tenant that buyers need to cater to — the young professional tenant.
The definition of young professionals is subjective, but generally, young professionals are classed as somebody who is in full-time post-graduate employment and between the ages of 20 to 35.
When looking for an investment property that will appeal to a young professional tenant in the UK, there are different qualities you should pay attention to.
To help aid your buy-to-let purchase, we’ve rounded up four fantastic investment opportunities available for 2023. All of these properties are not to be missed if you want to attract high demand from young professional tenants.
Claim Your Free Buy to Let Costs Guide
From management fees to service charge, there are a few costs to consider when investing in buy to let property. Download our free guide today on buy to let costs and get up to date with the latest fees.
Heaps Mill is a new residential property development based in Liverpool City Centre. This off-plan development is built within a renovated rice mill and is set to be a huge hit with young professionals in Liverpool.
One Park Lane and Rice Works are separate development skyscrapers that are part of the Heaps Mill project, while The Mill is the core building within the project and offers some amazing facilities and excellent investment potential.
The development is based within walking distance to the Royal Albert Dock, LiverpoolONE, and the Baltic Triangle. Heaps Mill is developed by the industry-leading property development company, Legacie.
Aside from being incredibly well-located with easy access to all of Liverpool’s top attractions and amenities, Heaps Mill boasts some impressive onsite facilities.
Residents of Heaps Mill will gain access to:
- A fully-equipped onsite gym.
- A spa, lounge, and treatment rooms.
- A rooftop cafe and landscaped square.
- Onsite commercial spaces and a museum.
- A 24-hour concierge service and exclusive tenant app.
Unit A-401 Back on the Market!
Completed Manhattan apartment back on the market in our sold out, award-winning development with £9,097 Net rental income. Move quickly to secure this unit.
Why Is Heaps Mill Good for Young Professional Tenants?
Young professionals are increasingly focusing on luxury amenities and facilities as important features of their rental accommodation.
Average salaries in the UK are reportedly increasing, and those who have the cash available to spend more on rent are choosing to do so when it means accessing amenities like an onsite gym and spa.
Completed 2-Bed only £179,950!
Limited 2-bed apartments available from £179,950 in our completed and tenanted Liverpool development. Assured Net income available on this back to market deal with major savings.
Based in Manchester, Embankment Exchange is an unmissable property investment opportunity for investors looking to cater to growing numbers of young professional renters in the North West.
Located in the top regeneration hotspot, Greengate, this development is set to be a hit with young professional tenants that favour a good location, stylish design, and fantastic amenities.
Like Heaps Mill and ELEMENT – The Quarter, Embankment Exchange benefits from some luxury facilities that make this development truly stand out. These include:
- A state-of-the-art spa.
- An onsite gym that overlooks the river.
- Remote working booths.
- A resident-only lounge and bar.
Get Your FREE Buy to Let Investment Guide
Contains actionable tips for property investors to help your investment portfolio thrive! Download today for a free copy.
Why Is Embankment Exchange Good for Young Professional Tenants?
Remote working is more popular than ever before, after rising in prevalence since the beginning of the Covid-19 pandemic back in early 2020.
Research covered in Buy Association revealed that due to remote working, around 44% of the younger generation are reconsidering what they want from the place they live.
People now value having dedicated space to work from home, and developments like Embankment Exchange, which feature remote working booths, are ideal for young professional tenants in 2023.
Instant £10k Capital Appreciation
Prices are increasing in our best-selling development on 1st December. Enquire today to lock in the lower prices and earn up to £10,000 immediate capital growth.
ELEMENT - The Quarter
ELEMENT – The Quarter is the North West’s first-ever eco-development, based in Liverpool. With some amazing high-tech facilities that boost sustainability, this is the perfect investment for those looking to target eco-conscious young professionals.
This property development is located in the Knowledge Quarter in Liverpool, which allows easy access to numerous universities and hospitals.
Aside from the amazing eco-friendly facilities within ELEMENT – The Quarter, residents also gain access to the following:
- An onsite games room, cinema room, and breakout areas.
- A dedicated remote working area.
- An onsite gym.
- An onsite launderette.
- Electric car charging points and a resident’s car-sharing scheme.