11 Jun

Property investors pointed towards student market

Property investors pointed towards student market

Property investors looking to make their next purchase have been advised to consider student accommodation.

Stephen Parry of Landlord Assist, a tenant eviction and rent recovery service, noted in the company's online blog that landlords could do well if they buy property in university towns.

"Provided you accept increased wear and tear over family occupation, student lets should provide a satisfactory yield and a reduced chance of security of tenure issues," he explained.

It comes after the central body for university applications, UCAS, reported a rise in the number of would-be students looking to gain places on higher education courses in the forthcoming academic year.

With a potentially bigger market to tap into than previous years, being a student landlord could prove lucrative.

Indeed, Savills Research recently suggested that the number of students applying for universities across the UK is outweighing the demand for accommodation.

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