If you?re considering investing in student property but don?t know where to start, this blog post is for you. Now is the perfect time to invest as you still have enough time to prepare the property before the next set of students move in in September. If you live in a University city, a student property can be a be a great decision as there is always plenty of potential residents. According to Universities UK, there were 2.32 million students studying at universities in 2016-2017. Investing in student property has becoming increasingly popular in the past few years and it?s clear to see why.
Choosing the right city
When investing in any buy-to-let property is it very important to think about location. There are plenty of guides online that outline the best cities for investing in student property. According to County Life, ?Manchester has the largest student community in the UK at about 40,000? so demand is high and in Bristol ?Rental returns are robust at an average of 4.4% and capital growth looks set to remain solid.? There are so many factors to take into consideration, so make sure to do your research on which city is the best for you to invest in. Location
Once you have chosen a city, you also need to consider which is the best part to invest in. One positive when buying property to let to students is that from the very start you know who your target tenant is. All your potential tenants will be looking for a similar location, one that is within walking or biking dis...