Student property 'represents sound investment'

Posted: 30 Sep 2008 12:22:50 GMT


            Property News - Student property 'represents sound investment'

Buy-to-let landlords can consider student properties a sound investment but should not expect immediate capital gains, it has been claimed.

According to Mouseprice, a firm that provides information on the property market in order to increase its transparency, student property has generally performed well as an investment in the last several years.

A spokesperson for the company urged investors to fully research an area before purchasing student accommodation, adding that they should be wary of towns where universities are intending to build large halls of residence.

"The idea of investing in a student property is, in a mass-market sense, a relatively new phenomenon," he said.

"Before anybody invests in a student property they need to make some fairly careful investigations into the performance of the local market."

Meanwhile, a new report published by Halifax in August revealed that 23 university towns have witnessed house price rises of more than 50 per cent in the last ten years.

The ten most expensive university towns were all in the sound-east, Guildford being the priciest at £363,503, on average.


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