Belvoir Sheffield, the leading lettings agency in Sheffield is claiming that despite reports that rents are slowing in student accommodation, they are one of the strongest performing investments trends, especially in Sheffield.
Rick Flay, Director at Belvoir Sheffield, who offer a wide range of student property to rent Sheffield, said: “In recent months there have been reports that rental applications for the new term had decreased, but still demand outweighs supply for student accommodation. In Sheffield the student population is growing and this means short void periods and great yields for the landlord.”
According to the GVA Student Housing Market Overview, this year despite there being 7.7 per-cent less applicants for university places in June of this year, demand from students overseas particularly outside the EU remains strong with China, Hong Kong, India and Nigeria account for more than 30 per-cent of all international students in the UK.
Rick the expert in property lettings services in Sheffield, added: “It is reported that the development of new student housing has not kept pace with the growth in student numbers. Rents for purpose built accommodation are expected to grow annually in most university cities and this is great for the residential investor.
“If you are looking to buy a property in Sheffield, we recommend you talk to us first as you could get a five to seven per cent plus yield on student suitable properties. We can help you with i information on where to buy and on the price you should expect to pay. Talking to us can save you thousands.”
Belvoir Lettings Agency Sheffield is the One Stop Specialists for Lettings including Property Management, Tenant Find, Investment and Wealth Management Advice, Fit-outs and Renovations, Furniture Packs and Investment Property Insurances and Buy To Let Mortgages.
