The private student accommodation sector is set to continue as the investment vehicle of choice for savvy property investors as total capital investment into the sector more than doubled in 2012 to over £2.7bn.
The UK property market has witnessed the birth of a number of so called ‘alternative’ investments since the market crashed, as investors searched for different avenues to recoup their capital in replacement of the traditional bricks and mortar. Bamboo, oil, diamonds and even parking spaces have all been lucrative investments for traders, but none has been as stable or as popular as the private student accommodation sector.
The past couple of years have witnessed the Higher Education sector becoming increasingly globalised, with students from around the world competing for places at UK universities. This desire for a British education, coupled with an increase in UK tuition fees, forced a rise in the
quality of accommodation available to students.
Whilst the rise in popularity for UK degrees has not abated, the introduction of higher tuition fees in 2011 saw a drop in applications, causing concern that the bubble would burst and there would be an
oversupply in some areas, leaving empty properties that could not be filled.
This concern however has proven to be quite unfounded. As such, the demand for quality accommodation is set to continue, allowing investors the opportunity to enter a sector that has lower void periods and higher rental yields than the more traditional forms of property investment.
If you are an existing landlord or potentially a first time landlord get in touch with Belvoir Sheffield today to take advantage of our vast expertise and experience to ensure you are getting the best advice. Contact us today on 08452 60 40 90. or email us at sheffield@belvoirlettings.com
Source: http://bit.ly/10SFcg0
