According to the latest CBRE study "Student numbers are at an all-time high
This is driving strong demand for Purpose-Built Student Accommodation (PBSA), which continues to outpace the supply of available beds. As a result, rental growth prospects for the sector are extremely strong.
Read MoreUK Government Statistics, in 2021/22 showed there were 2.86 million students at UK higher education institutions
Read MoreThis has led to a huge rise in Purpose Built Student Accommodation (PBSA) across the UK, particularly in university towns or cities with large student populations. Purpose built student accommodation is housing designed specifically for Students and their needs.
Usually in clusters of compact, modern living spaces that appeal to students and their parents, who see them as safe, clean and comfortable. Students tend to pay a weekly, all-in rental fee to cover bills, wifi and service charges, which is simpler for anyone new to budgeting.
Student property can offer a potentially high rental yield as many students are willing to pay a premium for high-quality accommodation, whilst purchase prices are predominantly cheaper, earmarking this as a high-potential investment. – Paul Allen - realtor