Landlords learn of post-grad opportunity
Landlords looking to expand their property portfolio in 2014 may wish to consider buying property with post graduates in mind.
The number of post graduates in the UK has been steadily rising with figures increasing by 13.4% between 2007 and 2012. Yet despite this growing market there remains a distinct lack of suitable accommodation.
According to property investment specialist, Assetz, post graduates wish to have their own space, ideally in self-contained hotel style studio apartments in a well maintained building. Landlords providing such accommodation are understood to benefit from net yields of up to 8 per cent with Leicester and Glasgow particular post-grad hotspots.
Rob Denman, Head of GW LET, comments:
“Students have always provided landlords with a good income stream. However whilst renting to undergraduate students can come with its obvious risks, post graduates tend to be a safer bet.
“Yet despite this post graduates continue to struggle to find decent accommodation. Therefore landlords looking at adding to their property portfolio could really benefit from this tenant base.”
Content correct at time of publication