39x ROAS for a Liverpool based student accommodation brand

Vista Square is a luxury student accommodation brand in Liverpool city centre. We built and scaled their paid media from October 2025, generating 320 bookings and over £1.5 million in secured tenancy revenue, at a return of roughly 39x on ad spend.

The Client

Vista Square

The Industry

Property & Real Estate

The Service

Paid Media

Visit Them

https://vistasquare.co.uk/

Great company Dan and the team have been working with us for the last 5 months would highly recommend very knowledgeable always on the other end no of the phone for any questions and queries that we have

Chris, Vista Square

Increase in Website Traffic
+ 0 %
Bookings Generated in 4 Months
0 +
Monthly Occupancy Revenue Influenced
£ 0 +
 

The Challenge

Student accommodation is a fiercely competitive, highly seasonal market. Every academic year, Vista Square has a tight window to fill its studios, going up against established competitors and the big purpose-built operators, all chasing the same students and parents at the same time.

Paid search was the fastest way to get in front of people actively searching to book. But visibility alone was never the goal. The brief was simple and commercial: turn paid media into booked, closed tenancies, with a return clear enough to keep investing. In a market where a single tenancy is worth nearly £10,000, getting the paid strategy right was worth a lot.

The Strategy

We took a disciplined, prove-it-then-scale approach.

Tie every pound to bookings, not clicks. From day one we tracked conversions through to booking value, not just clicks or form fills, so we could see the true cost of a booking and the real return. That meant we always knew what was working and what to double down on.

Scale with the results, and with the season. As performance proved out, we increased investment in step with the numbers, pacing spend to hit hardest during the peak of the student booking season. Every increase followed the data, not a hunch.

Focus on the metric that matters. A 6.5% click-through rate showed the ads were earning attention. But we judged success on bookings and, ultimately, signed tenancies, the numbers that tie directly to revenue.

The Results

From October 2025 to August 2026, Vista Square’s paid media delivered:

  • 320 bookings generated from paid
  • 6.5% click-through rate from over 250,000 impressions, driving 16,085 clicks to the site
  • With Vista Square’s 50% close rate, that’s 160 signed tenancies
  • At £9,680 per tenant (£220 a week over 44 weeks), that’s over £1.5 million in secured tenancy revenue
  • A return of roughly 39x on ad spend
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