The Increasing Need For Student Property
Student Property: Just How Great Is
The Need For It?
When it comes to tactical property investment, it would appear that the UK student property sector could be one of the shrewdest and lucrative choices property investors can make right now.
In 2013 over £2 Billion (GBP) was pumped into the student rental sector by savvy property investors who calculated the increased potential yields were well worth the risks.
This is because demand for student accommodation is at a record high and seems almost certain to continue increasing due to the growing number of UK and overseas university applications being made by prospective students and the increasing number of places being offered on courses by universities in order to attract student interest.
The UK is the current leading host country for attracting international students, with higher demand for places from foreign students than the USA, making our nation the world’s unopposed central student hub, and with good reason, our higher education system is among one of the best in the world, so it is of little wonder that many world leaders are choosing to send their children here to give them a head start in life. And the way current demand for university places is growing suggests that this top education status will not be changing any time soon.
Year on year there has been an increasing number of international students seeking a decent place to live, among fellow undergraduates, while they embark on their studies. Property investors are looking for properties within the
This means that in many UK university towns and cities, market rental prices will inevitably increase due to the increased demand for dedicated student properties, and property investors are virtually guaranteed to see a quick return on their investments because of the overwhelming need for their services.
Yields in student housing are 5-6% higher on average than the standard residential property in the private rental sector returns are well worth the effort.
See the infographic below to view the most important statistics on the current climate of Student Property Investment in the UK today.
Written by Braedon Frank
AspenWoolf.co.uk
