The best places to invest in student property
Our universities are in rude health. While other industries continue to suffer, our lecture halls are crammed with eager beavers from around the world. And where intelligent young things flock, house prices surely follow.
Although numbers applying for university fell last year, mostly caused by the hike in tuition fees, now students are back and raring to go. There has been a 2.7 per cent increase in applications for this academic year. More overseas students than ever are pursuing their studies in Britain. Their parents, often wealthy, are following their offspring with hefty wallets.
So what’s good for British universities is good news for those who own properties in the popular areas. Higher education is becoming a marketplace, with universities competing for applicants. Successful student towns are becoming hubs, where soaring demand for housing means high rental yields …