Landlords must research student let market
by Sarah Ashcroft
Making the most of the student lettings market
could be a wise move, but only if landlords are well informed on the market they are entering.
Stuart Cook, acquisitions manager at Freshstartliving.com, highlighted that there are various things that need to be considered before tenancy agreements
can be drawn up.
"Firstly, when choosing a suitable city they should look at the size and types of university that are there and subsequently, the number of students applying every year," he recommended.
Mr Cook also suggested carrying out a cross-reference on the number of students at the university and how much accommodation is already available.
Research shows that there is a considerable shortfall in student property in many cities at the moment, the expert revealed, so an investor needs to look at buying high-quality lodgings.
It is also essential to make sure the property is close to the university and has good transport links, Mr Cook added.
Published on: September 23, 2011
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