Could This Be The Most Profitable Student For Sale In The UK?
Could This Be The Most Profitable Student Property For Sale In The UK?
Say student property to most people and overcrowded houses and second hand furniture springs to mind. According to Colordarcy.com this couldn’t be further from the truth with the new breed of luxurious student apartments springing up in university towns and cities across the UK.
Loughborough is one such town and Colordarcy have just launched a highly lucrative opportunity for investors at the new Printhouse development, which has just completed in Loughborough city centre.
Demand from both students and investors is anticipated to be high with Loughborough placed inside the top 100 for its business school and also achieving University of the Year in the UK for sports studies only last year.
The anticipated competition for places at Loughborough and the huge number of applications the University attracts each year means that good quality student housing will be hard to find. A total of 16,000 students currently live and study in Loughborough and it has the largest University Campus in the UK.
A recent report by CBRE revealed that regional towns have achieved average rental growth of 3.51% for 2012/13 which is above the 3-year average of 3.36%. The number of international applicants to Universities in the UK is also up by 10% on 2012.
The student apartments at The Printhouse are fully constructed and available from £39,150.