Reasons to Invest in Purpose-Built Student Property
02:27Why You’re Better off Investing in Student Property
Experience Invest specialize in providing high yielding student property investments. We have developments across the UK. When people think about investing in property, the first thing that will probably come to mind is a residential one. However, one property type that does not get as much attention, yet is quite a very lucrative choice is student accommodation.
Below are some of the reasons why purpose-built accommodations for students is a sound investment choice.
UK universities’ global prestige
The strong global reputation of UK universities is the top reason why investment in student property has such considerable lucrative promise. This is the reason why students all over the world flock to the country to enroll in these institutions of higher excellence. After the US, the UK is the second destination that students tend to flock to. That is despite the fact that it is 40 times smaller than America and with only a fifth of US’ total population.
Preferred accommodation choice for students
The increase in tuition fees has made more and more students be wise when it comes to their accommodation. The reason why purpose-built student properties are becoming the top choice among students is that it offers the most conducive environment for study and for socialising. It is located close to campuses and often has rooms with designated study areas and wi-fi access. It is furnished and well-equipped, the bills are all inclusive, and it is secure and safe among others.
Secure and lucrative investment location
It is also a fact that the UK is one of the strongest locations for business in the world. It is among the top financial centres in the world. It is also a fact that the UK government puts a lot of effort into creating a strong investment and business frameworks across the country. All these are good news for every budding property investor.
Undersupply of properties
The supply of student properties in many cities across the country is extremely below the demand. Many universities have even been forced to get their students to share bunks or get them housed temporarily in nearby cities or hotels. While the residential market has been able to fill the gap so far, it is not the permanent solution to the problem. Now, all eyes are focused on student accommodations that are purposely-built.
Watch Experience Invest video about Property Investment in the UK below.
Property investment does not have to be centered on residential properties alone. With the demand for student accommodations being on high, it makes sense to take advantage of it and make a profit out of it. Learn more about the many benefits of investing in purpose-built student properties by reading about Experience Invest online. You can also connect with Experience Invest on Linkedin here.
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