For property investors searching for their first or next opportunity, student properties can offer a good yield and sometimes at an affordable initial purchase price. However, even if you think student properties are a good option, it's not always easy to know which town or city would be the best location for your investment. However, some recent research suggests that for the most part, its cities or towns with just one university that can generate the best returns.
A recent survey shows that student living costs have risen sharply in the past year and as the next academic year rolls around those studying for a degree may need to make use of some budgeting advice and apps to help them make the most of their income.
With expectations growing that learning will be more 'normal' in the coming academic year, data suggests that demand for university housing will post a strong recovery from the patchy 2020-21 performance.
With Universities welcoming back in-person learning, many students will be planning to return to their student homes. At the same time, first year students for the 2021-2022 academic year will also begin considering where they will live when they take their next step in higher education.
A recent survey has confirmed that 2020 and the early months of 2021 have been difficult for the student letting sector, as average rents and demand for student rental homes declined notably.
Approximately 40 universities have reported coronavirus cases and as a result many face-to-face classes have been suspended. As the academic year begins, thousands of students are in self-isolation. The National Union of Students have revealed that 1 in 3 students would like to be released early from their rental obligations whilst fewer than a tenth have been provided with this opportunity. Why?