Student property is booming. Over the last couple of years it has become the UK’s number 1 performing asset class and by the end of 2015 it is forecasted that there will be £5.7 billion of investment in the sector.
So why is student property such an attractive proposition?
The reasons for this are fairly simple. For investors, purpose-built student accommodation represents a hassle-free, hands-off investment where you can receive assured returns for a pre-determined time with all the management fees included, so you know exactly what your net yield will be every year. This takes out all the complexity and unknowns and hassle of being a landlord that exist with traditional property investments for students such as HMOs.
By choosing a fully managed student property investment you benefit from:
- Direct marketing to find tenants
- All background checks on tenants carried out
- Rent collection
- All maintenance and repairs
- Regular safety checks
- Day-to-day management
- Insurance covered through purchase
High yields and less hassle
With HMOs which are not managed you will have to deal with all the issues that a traditional landlord faces such as having to find tenants, deal with void periods, sort out all the relevant insurances, organise maintenance and repairs, deal with complaints and a whole lot more.
In light of this, and with the added headache of constantly changing legislation and tax changes, investors are increasingly looking to asset classes such as student property because it offers high yields and a great deal less inconvenience.
If you are looking for hassle-free property investments where all the property management is included in the costs then please get in touch. We have a number of opportunities that we’d like to talk to you about.