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There is already a significant under-supply of student housing, which is exacerbated by the fact that the universities are only able to provide university-owned halls accommodation to around 24% of the student population - around 13,000 rooms in total.
The other 76% of students are left to navigate the private rental market. For this reason, competition for accommodation is tough, driving up the rental prices of student property investment.
As a result there is now a huge demand for purpose-built or specialised student property investment in Leeds, as with most top university UK cities, making it a prime location for student property investment.
The current market will ensure great demand and high-rental yields, and so investors are perfectly placed to take advantage.
Leeds University is one of the world’s top 100 universities, is part of the elite Russell Group, and is one of the UK’s top 10 research centres, so it’s no surprise that it continues to attract thousands of students year after year (close to 55,000 students, 5,000 of which are come from 145 different foreign countries).
All of this is good news for students, and even better news for investors. The university’s world-renowned academic excellence will only continue to draw greater numbers of students from the UK and abroad every year.
The university campus is located close to the city centre – a vibrant and diverse city with over 100 years of fascinating history. Nowadays Leeds is considered the cultural, financial and commercial heart of the West Yorkshire Urban Area.
Surrounding Leeds is an abundance of beautiful countryside which provides an easy getaway from the hustle and bustle, as well as many cultural and historical attractions nearby.
If you’d like to know more about how student property investment could be for you, give us a call on 01525 381498 or email us at [email protected]. You can even book a time online here and we'll call you then, for an absolutely free, no-obligation informal chat