Landlords with student property in their portfolios are benefiting from significantly higher rental yields than the buy-to-let market as a whole, according to Paragon.
Research by Paragon claims portfolios containing student property have 25% higher gross rental yields than for the rental market in general. The survey of landlords found portfolios containing student property had a gross annual yield of 7% on average, compared with 5.6% for other portfolios. Furthermore, the research found when student property makes up more than half of a total portfolio, average yields increase to 8.6%. Paragons says student landlords can also expect strong growth in the coming years as the Government continues to increase university numbers to 50% by 2010. Towns wit...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes