Residents Return To City Centre Living In Rental Boom

Build-to-rent development, The Keel, offers home workers a new communal office area as part of recent refurbishment

WITH reports that around one in ten young adults moved back in with their parents for at least part of the lockdown period*, it’s clear why post-pandemic, this has triggered a boom in the rental market as UK city centres welcome back urban employees and newly graduated university students and first-time job hunters with open arms, resulting in an unprecedented spike in rental demand.

Build-to-rent (BTR) development, The Keel, located on the river Mersey in the heart of Liverpool city centre, has seen an increase in rental enquiries, of a whopping 1650% in August 2021 compared to the same month in 2020.

This comes in contrast to reports that most nest-returners during the pandemic were renters who live in rented apartments or flat shares with roommates and lack a place to work from home whilst offices were closed.

The Keel is located just a stone’s throw from King’s Dock and Liverpool’s buzzing Baltic Triangle attracting young professionals to the hustle and bustle of Liverpool life whilst being situated on its own private dock for a balance of serenity.

In addition to its unbeatable location The Keel is currently undergoing a £300K upgrade to their north lobby and common areas to build a new state of the art co-working space.

The newly refurbished co-working areas will include quiet meeting rooms and snugs, as well a sun-kissed zoom room, designed to make you look good on video calls.

Benefiting the many organisations and employees opting to keep a balance of home-working in their working lives and those who are self-employed who have always worked from home, having the choice to work from their stylishly decorated apartment or a change of scene by working from the aesthetically pleasing brand new co-working spaces.

To celebrate the influx of new residents, The Keel has compiled a jam-packed social calendar, including wine tasting evenings.

Joseph Cooper, General Manager at The Keel said: “When the pandemic hit we missed seeing our residents as regularly as we normally do and Liverpool itself felt incredibly quiet like all cities up and down the country.

We wanted to make The Keel as welcoming as possible when restrictions lifted. A key part of our refurbishment was the brand new co-working spaces. We viewed the communal work areas as essential for our residents with so many offices and organisations – plus employees – now opting to keep a balance of working from home within the working week.

The refurbishment and addition of our co-working spaces gives residents another place to work outside of their homes, so no need to worry about disturbing roommates on zoom calls!’

For more information or to arrange a viewing, please visit https://www.thekeel-liverpool.co.uk/