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Tuesday, September 10, 2013

Higher yields - student rents

Well shock horror the latest pearl of wisdom form the NLA is that student rentals offer comparatively high yields.  The average is 6.7% compared to the average in the UK of 6.1%.

What they don't mention is the increased costs of renting to students.  If I was only getting a 6.7% gross rental yield on my student let unless I was in central London I'd be very disappointed.  Try double digits to compensate you for the additional costs and hassle!

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1 comment:

Anonymous said...

6.7% is poor in this market. I wont touch anything below 10%