Midlands top for student property investor
Posted: 22 Aug 2006 12:13:22 GMT
Buyers looking to invest in student property can see rewards for their outlay throughout the country, according to new research.
The Midlands offers a particularly good return for investors with Nottingham showing 55 per cent house price inflation from 2001 to 2006. This works out at an average increase of £37,200.
The study, carried out by Property Investor Show, revealed Exeter as the next top investment area with inflation of 53 per cent.
Loughborough, Durham and Leicester also showed good growth and return with inflation at around the 40 per cent mark.
Nick Clark, from Property Investor Show, stated: "The results of our research show that both parents and professionals investing in student property can benefit from high capital growth across the country, especially in university cities in the Midlands.
"The student market can be very profitable for landlords who do their research and take a long-term perspective, and is a great way to expand an investment portfolio."
London, Oxford and Bristol were rated as low return investment areas due to prices increasing less than in other regions.
Prices are also higher in these university towns compared to the average house price in Nottingham of £105,400.