15:06 PM, 16th July 2015, About 7 years ago 3
The UK student property market is continuing to grow and provide landlords with healthy yields, according to latest figures.
Investment in student accommodation hit £3.98 billion in the first half of 2015, well ahead of the £2.35 billion for the whole of last year.
The research from commercial property and real estate company CBRE, also revealed that London saw a record £1.98 billion worth of transactions across the first half of the year.
London saw the fastest change in student housing yields in the whole of the UK, with yields now at 4.75% – levels not seen since 2007.
The constrained supply of student housing across the UK means a number of students are chasing the limited stock of suitable accommodation in most University towns, according to CBRE.
Student accommodation often has lower capital values per square foot than residential stock, making it more accessible for many investors.
“Many investors are attracted to high yields that the student accommodation can provide, which are often higher than those of residential stock in the capital,” said a spokesperson for Property 118s landlord insurance providers Discount Insurance.
“Upward rents and capital values will continue to make the market an attractive proposition for investors, as long as demand outstrips supply.
“We recommend that those landlords looking to get into the market, do their homework first to ensure that they choose the right region in which to invest,” added the spokesperson.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Next ArticleProperty118 needs your help please
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|