19
Aug
Student sector offers good rental investment, research claims
New research on buy-to-let in university towns has been hailed as
evidence that the student sector offers investors with particularly
strong returns.
Organisers of next month's Property Investor Show have revealed
figures showing that the highest yields for any university town are
in Nottingham, where the average is 10.19 per cent, followed by
Durham on 9.23 per cent.
Across the ten top university locations the average yield is 7.9
per cent, compared with 6.4 per cent across buy-to-let as a whole,
the study indicated.
Commenting on the findings, managing director of the Property
Investor Show Nick Clark declared: "This research shows rental
yields are on the increase and buy-to-let investors have a great
opportunity to capitalise on the increasing demand for student
accommodation, whilst taking advantage of lower house
prices."
Last week the Guardian reported that the average weekly student
rent is £61.64, according to figures from
Accommodationforstudents.com, a two per cent increase on last
year.
This figure rises to £102 per week in London.
