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Monday, August 14, 2017

Regions leading student property investment

Student housing hotspots

Regional centres such as Southampton, Liverpool and Leicester are among the English cities to have seen the biggest growth in student housing owned by private landlords according to recent research.  Becoming a student landlord has been shown to have been a very profitable niche property investment over the last few decades as property prices continue to grow as student numbers have also continued to expand.

Student housing increasing

Countrywide has recently revealed figures that reveals that the number of homes lived in wholly by students has risen by 11,000.  Growth spots include Southampton (3,428), Liverpool (2,560) and Leicester (2,075). Other cities showing gains include Exeter, Brighton and Hove, Birmingham and Newcastle upon Tyne.

Landlords have been traditionally attracted to letting to students by the higher than average yields associated with multiple lets ( 2-3%).  The downside can be higher void periods in between lets and greater wear and tear associated with a multi let.

Room rents

The same research showed massive variations in average room rents from £280 in Sunderland and £414 in Southampton to £559 in Brighton and £752 in Tower Hamlets. Room rents reflect a degree the underlying capital values that landlords have to pay and the combination of the two translate into the overall property rental yield.

Student Landlord insurance - specialist providers

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