Buy-to-let student accommodation is it still the hottest property on the market?
We posted this Knight Knox report to our Face Book Blog in 2011, little did we know what was around the corner in May 2012.Read the report then ask yourself if this is still true in your local area? Scroll to the end of the report for an update of whats happening in Sunderland.
ADMIN: by Loraine Marshall on Tuesday, 13 September 2011
Report by Knight Knox.
Buy-to-let student accommodation is the hottest property on the market at the moment, producing high net returns of more than 10 per cent for savvy investors.At present many sources claim that the UK property market has practically slumped beyond repair and that the only way to be a successful investor is to spend a great deal of time and energy coordinating the restoration of a run down property before selling it on.
However, Knight Knox International, one of the market-leaders in worldwide property, are currently promoting buy-to-let student residences that provide hassle-free, hands-off investment opportunities with startling guaranteed net yields of 10 per cent, without the need to get your hands dirty.
With student numbers rising at a staggering rate and many universities facing expenditure cuts, there has been a dramatic rise in the urgent need for suitable student accommodation, with the deficit noted to be as high as two students to every one room in some cities.
Due to this, Knight Knox International has witnessed a steady growth in this property sector and believes that the high level of demand means that investment in private sector, purpose-built property is about as low risk as opportunities come.
For advice on the Student Market in Sunderland contact Loraine
Changes that impacted our business in the student market from April 2012
Sunderland University and the fall in Student Numbers – statistics from HESA
Higher Education Statisitics Agency (there’s an iphone app for that UK HE Stats)
2008/09 total number of students 20,030
2009/10 total number of students 18,930
2010/11 total number of students 17,780
2011/12 total number of students 17,380
Property Investors Beware – before you consider buying into high yield Student HMO’s check the stats on HESA.