If you're thinking about investing in property, you should consider the student lets market. As North West London estate agents, we know there is an almost never-ending supply of student renters in Camden Town and Kentish Town.
We always hold a list of young undergraduates looking for quality accommodation near London's finest higher education institutions and the number of would-be tenants isn't about to dry up any time soon.
In fact, the latest figures from university admission body UCAS confirms that the number of university applicants is at a record high, showing a 3% increase year on year. In London, the market is being driven by overseas students, who commonly come with parental guarantors, making them exceptionally-sound tenants.
As the featured article suggests, university-provided accommodation is not keeping pace with demand, so student tenants are increasingly turning to the private rental sector for housing.
If, as a property investor or would-be landlord, you are excited by the prospect of a student let, the are a few dos and don'ts. Take a look at the points in this article - number 3 of dos and number 6 of don'ts are especially important.
London Residential is happy to support you on your journey into student buy-to-let. If you'd like to talk through your options, get in touch today.
Record numbers of students attending university have pushed up demand for rental property and in many UK towns and cities, resulting in a severe shortage of affordable student accommodation.