Universities 'indicate key spots for investment property'

Universities 'indicate key spots for investment property'

Buying close to universities is a wise move by investors.

It may be a case of simply following the road to the nearest university when looking to buy investment property, if one expert is to be believed.

Jonathan Moore, director of Easyroommate.co.uk, explained that the demand for housing close to education institutions means conditions are favourable to owners looking to rent their buildings out.

He said that overseas students are particularly keen to secure a place to live, so acquiring real estate close to universities that offer popular programmes for foreign learners is a good move.

"Foreign students often have bigger budgets and so can often afford higher quality or more luxurious accommodation and their presence creates opportunities for investors," Mr Moore stated.

Another option is to look for private halls to invest in and subsequently rent to students, which could be a profitable scheme.

Stuart Cook, acquisitions manager at Freshstartliving.com, offered a similar opinion recently when he said the number of people set to enrol at an establishment can be an indicator of the investment property market's potential.

Posted by Suzannah TaylorADNFCR-2842-ID-800745996-ADNFCR
Friday, 30 September 2011 00:00
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