Vita Student apartments

Student property outperforming all investments, says research

A survey by Knight Frank and AccommodationforStudents.com highlighted growing demand from university students for high-quality, purpose-built accommodation, representing a terrific opportunity for investors in the student property market – and a compelling commercial opportunity for brokers of property, too. Even the reforms to tuition fees in 2012 failed to halt the rental growth for student properties and demand is now at record-high levels, delivering strong yields for investors. Students across the country are prepared to pay a premium for high-quality, purpose-built residences, according to the research. However, despite these rental growths and strong market performance, many students are still paying for accommodation that is rated as low-quality. The vast majority of students in the UK live in old-fashioned, often run-down Houses in Multiple Occupation, but that is changing with a new approach from developers who are identifying and meeting the real needs and requirements of the modern student – and therein lies an opportunity for property brokers. How can a broker get involved? Case study: specialist developer in the market, Select Property Group, is creator of market leading student accommodation provider Vita Student, contractually assure investors minimum seven per cent return every year for the first five years. It is…

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