Friday 21 August 2015

Ups and downs of student property investment



The student population in UK is increasing as people from different countries prefer UK as the medium for their post graduate or masters degree. This increases the demand on student accommodation which in turn made student property investment UK a popular sector of investment.  The buyers own the property and utilize it as buy to let property for the students or sell to the student gaining more profit. All students cannot approach for new house and many are not eligible to own a house abroad. So they go for buy to let property and prefer some other means of student accommodation. This student property investment process has the equal pros and cons which the people should be aware of before investing. The below points shows some of the facts relevant to student property investments:
Merits:
·        Student property investment is the easy way to earn money. The invested money is brought back within short duration. The mortgage rates can even be sorted out through the rent bought from the tenants.
·        In most cases, single student accommodation is not possible. Being a student a person cannot allocate more money and so they are accommodated in bulk. In this case landlord can experience high rent. Since the students share the accommodation fee, the amount seems to be less.
·        Since students are the temporary habitat, they do not come up with complicated appliances and the number of household equipments will also be low. Moreover they adopt themselves according to the particulars in the room and they do not demand for alteration of the house which most the families do.
·        This property is always in demand as new batch of students come when the old one goes.. As students are confined with limited amount, they are ought to be careful with the things in the property because they are in charge of the breakage or damage. Thus quality assurance is also obtained through student property investment.
Demerits:
·        The students are new to the city and some are other language people. So it is essential to check for the ID. Because there is a chance of accommodating wrong persons which in turn causes serious issues and legal problems to the landlord.
·        As a student most of them do not have an income. This may cause delay in paying rental amount. To avoid this get the credit details and acknowledgement from the guardians or parents.
·        Though there is always demand of the student property, there are specific period when the house remains empty during the vacation. So landlord should prepare himself to compensate for that.
            These are some of the basic ideas regarding the student property investment. In London, there are many real estate concerns offering such services. One among them is Global Property Investors. They provide other investment process like overseas property investment, below market value property investment, distressed property investment, etc...To know more visit the link http://www.globalpropertyinvestors.co.uk

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