LETTING & ESTATE AGENT

Student Accommodation Returns

Student Accommodation Returns

Dave McKnight of Martin & Co Derby comments about the

growing potential of student accommodation with average

rents tipped to rise by 2.75 per cent in the regions in the

next academic year. 

“Student property is one of the most successful real estate

asset classes, thanks to stability of demand for student

bedrooms from all over the UK. The introduction of higher fees hasn’t reduced demand and the market is still structurally undersupplied in all core university cities such as Derby. There is a significant volume of new equity preparing to enter the market which is an indicator of the opportunity. 

In Derby a key opportunity is for the provision of property

suitable for Rolls Royce post graduates, this leading local

employer has large numbers of highly qualified, professionals moving into the area who require one bedroom accommodation, or shared accommodation in locations around their numerous sites in the town”.

Martin & Co Derby are able to offer advice on the lettings potential of any property, areas to target for particular tenant profiles and the yield potential of properties in Derby call 01332 650068