Purpose Build Student Accommodation VS HMOs – the future?Make Text Bigger
I have been an investor in the student HMO sector for over 10 years. My properties are all 100 yr + Victorian terraced houses. I invest a large amount of money each year on maintenance.
Looking at the future and the slow but significant influx of purpose build student accommodation, should I be concerned? My area is Swansea with a good steady and growing student population.
However there are plans for a rapid increase of purpose build units over the next few years. All are at high prices, but of course I cannot compete with these new apartment style units.
I suppose I am concerned that there will be a slow trend of students wanting the new special build flats and apartments and the demand for the traditional stock will start to diminish.
I just wanted to enquire if other landlords in other cities have experienced this trend and wonder if its time to start to sell up and move on?
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