Paul Rossiter, MD of Canary Wharf-based student accommodation specialists PDR Property Solutions, explains, “As the global climate evolves, safety has risen sharply in priorities as students decide where to study. The British Council says it’s the 5th most important consideration of 19 influencing factors as opposed to 17th six years previously and the UK is perceived to offer one of the safest environments. However, opportunist thieves are out there and they know that students are rich pickings, almost guaranteed to own a smart phone, laptop, digicam and mp3, as well as being notoriously lax about closing windows and locking doors. Student contents insurance may be a “cure” but the “prevention”
Student accommodation tends to be in the least affluent areas of major cities where rental costs are lower but crime rates usually higher. The traditional student house of multiple occupancy is a gift to burglars as they know they can pick up not one laptop, but several in one scoop – and then sell on easily and quickly. The enduring economic downturn has fuelled this crime wave.
Paul continues, “Vita at Crosshall is not in a deprived area of Liverpool but instead lies at the heart of the city in postcode L1, half a mile from Liverpool Central Station. Students are safe to walk around this area by daytime and, provided they take normal common sense precautions, by night also. As the accommodation is top-end, it has great appeal to the foreign student who tends to opt for quality regardless of budget. In the British Council survey mentioned, students from over 80 countries felt that Britain’s multicultural society was key to its safe status. Beating Canada into second and America into third, they also highlighted the lack of gun crime in the UK as well as a strong police presence as being of great appeal. Vita at Crosshall will tick all their boxes.”
Vita at Crosshall is the third and final phase of a £27 million redevelopment project which follows the success of Vita at The Chapel and Vita at Tinlings – the former completely sold out and the latter well on its way to the same. With a total of 151 units, Vita at Crosshall is a complete refurbishment of a 19th century printing house set on Crosshall Street just off Liverpool’s main thoroughfare, Victoria Street. The building expresses the best of Victorian architecture with unique terracotta detailing but, whilst original features will be retained, they will be offset against modern characterful interiors.
Vita at Crosshall has a choice of self-contained studios and two bedroom suites arranged over six floors, each with large picture windows with restored stone surrounds. Contemporary in design and with a level of quality never seen before, all are fully furnished and complete with kitchen areas, en-suite shower rooms, wall-hung flatscreen TVs with built-in Freeview and free high-speed broadband.
The basement level of Vita at Crosshall joins up with neighbouring Vita at Tinlings to create a 6,000 square foot community zone. Set around an atrium with courtyard views, this lounge area will be a focal point for Vita residents to meet and relax – the heartbeat of the buildings. Entertainment spaces house pool tables and a video game station alongside a fitness centre featuring state-of-the-
For the investor, Vita at Crosshall offers a hassle-free, fully managed property investment with assured returns - a minimum of 9% net per annum for the first two years. Prices start from £59,950 and a six year non-status payment plan is in place for improved financial accessibility.
For more information contact PDR Property Solutions on telephone 00 44 203 440 6600, email email@example.com or visit www.pdrpropertysolutions.com
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