Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
The average house price across the top 100 universities in the UK equates to £319,963, according to a new poll.
Leeds University achieved the best balance of UCAS entry level and property prices for those considering a buy to let investment.
Leeds University has an average entry requirement of 436.5 UCAS points and an average property price of just £95,310 which means just £218 per UCAS point for a property in the city.
In second place is the University of Sunderland with the average price paid around the campus being £65,201. The university has the 8th lowest entry tariff of just 290.5 points which works out as a price point of just £224 for every point.
Other universities in the top 10 most affordable areas are:
|Institution||Price per UCAS point|
|University of Bradford||£269|
|University of Leicester||£301|
|University of Hull||£305|
|University of Manchester||£308|
|University of Dundee||£313|
|University of Strathclyde||£315|
“Buying a property when your child moves away for university can be a great time to make an investment as it can reduce debts in the long term. Living away from home can be expensive, especially so when combined with university fees which many students continue to pay years after graduating,” said a spokesperson for Property 118’s landlord insurance provider Discount Insurance.
100 on the list of universities is Imperial College London.
The university requires the third highest number of UCAS points at 566.9 however the average price for a property close to the Kensington campus is £2.5 million, leading to a price of £4,431 per UCAS point.
“This research highlights where across the nation offers the most attractive proposition for a uni-let in terms of close proximity to the university, an affordable property price, as well as a good level of education where the university itself is concerned,” said Founder and CEO of eMoov.co.uk, Russell Quirk.
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