Reasons to be positive about the student rental market
Students are a key part of the letting sector’s client base and account for a significant proportion of the private rented sector (PRS).
However, the government’s decision to raise tuition fees a few years ago caused concerns the number of students in the country would drop and the PRS would suffer as a result. Thankfully, that situation doesn’t appear to have come to pass, as a new report has revealed the student rental market is in good health.
CBRE has released its latest Student Housing Market Review, which found the average return on a student property between September 2012 and September 2013 was 9.95 per cent, which is higher than for the PRS as a whole for the third year in succession …