Looking to furnish a student let?
It’s that time of the year when thoughts turn to student accommodation. Whilst most campuses offer a range of self contained rooms, some parents see this as an opportunity to invest in a house or flat for their children and friends to share and reduce their own child’s living costs.
There are a few basics. Each student will want their own room and a double bed should be standard. Supplying a mattress protector is also a good idea and a yale lock on each bedroom door is also advised. A double wardrobe, chest of drawers, bedside table and desk and chair with lamp should complete the room. Continue reading How To Furnish Student Let
Students are most profitable tenants for landlords
Landlords seeking high yields need to focus their property businesses on students and young professionals.
Students are clear leaders in the yield table – generating 6.45% a year – with young professionals following close behind at 6.22%, according to Paragon Mortgages research. Continue reading Students are the most profitable tenants
Tips for letting to students
Buying a home for a son or daughter to live in while at university seems like a good plan for cash-strapped parents- but watch out for the tax traps.
HM Revenue and Customs is lying in wait for the unwary who fail to set up owning and renting the property in the most tax effective way. Continue reading How Parents Can Avoid Student Digs Tax Traps
Bath students sharing garden with local residents
Relationships between students and green-fingered neighbours have blossomed after they dug deep to bring an unloved garden back to life.
A Growing Together scheme has run in Bath for some months with the aim of turning over uncared for gardens at shared student houses to neighbours for growing vegetables. Continue reading Buy to let garden share grows in popularity
A new student letting study has revealed the top 20 university cities in the UK for property investors.
London comes out top of the pile – closely followed by Kingston-upon-Thames, Brighton, Edinburgh and Oxford.
But rents outside the capital performed best – showing a 4.1% increase in 2010, while those in London slipped by 3.6%. Continue reading Top 20 places for student property investors revealed
Students are asking housing minister Grant Shapps to introduce a star rating system for buy to let homes.
Hundreds of students in Shapp’s consituency of Hatfield have complained about shoddy properties in a survey by University of Hertfordshire Students’ Union. Continue reading Students want star ratings for buy to lets
Big student housing developments are still continuing apace despite finance problems squeezing the rest of the residential property investment market. Continue reading Corporate property investors pump cash in to student housing
Business is booming for student landlords as rents, property values and returns are all increasing.
The average student landlord benefitted from a 13.5% return on investment in the year ending September 30, reports estate agents Knight Frank in their annual student property survey. Continue reading Student lettings are in a class of their own
Property owners in university towns and cities are seeing house prices soar up 65% higher than those of similar homes in the surrounding area due to demand for student housing.
The biggest price increases are in smaller cities and towns that have had a huge growth in student numbers. Continue reading Student demand boosts university town house prices