Student housing investment is more attractive than ever
September 30, 2011 Leave a comment
A new report by Taylorvinters regarding the UK property market has identified the student property market as one of the most profitable and worthwhile markets to invest into. Student housing investment nationwide has yielded high turnover rates for many landowners.
Director of Easyroomate.co.uk, Jonathan Moore stated that specific cities throughout the nation such as London, Manchester, Brighton, Edinburgh, Birmingham and Liverpool are important and profitable university cities where demand for student properties is high while prices are high and supply low. This combination of optimal demand and supply makes these cities very profitable.
Mr. Moore further stated that: “If done correctly, investing in student accommodation can be one of the most lucrative forms of property investment.”
According to Easyroomates report, the average UK landlord nationwide earns approximately £11,700 per year. The average student property consists of 4 bedrooms and each student pays an average of £325 per person per month. This tends to be a much higher return than average properties rented to families and couples. Nonetheless there is still some anxiety and problems with regards to renting to students.