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Student accommodation continues to set pace for landlords

Student accommodation continues to set pace for landlords

04 Feb 2014

The buy to let sector continues to do well for landlords - but student accommodation is setting the benchmark for letting performance.

Despite monthly rents increasing by 2% during 2013, the average buy-to-let yield for a UK landlord sits at 6.1% gross, down 0.1% on 2012. But student accommodation thrashes this figure with sustainable and assured yields of 7 to 9% - net.

Peter McDermott, Director of UK-based Go Global Investments, said: "These latest figures from Countrywide Residential Lettings show that despite 'Generation Rent', where the number of people renting from a landlord has doubled to 8.5 million in 15 years, gross rental yields are sticking around the 6% mark.

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We are expert Letting and Estate Agents specialising in high quality homes to buy and to let in key locations throughout Oxford, Witney and the surrounding villages.

As an independent and local letting and estate agent we endeavour to provide a transparent, personal and professional property experience. Our Oxfordshire lettings and estate agency practice offers an award winning range of services to complement our core products, including property management, buy-to-let investments, land & new homes and mortgage & private financial services.

Multi-award winners for our both our Letting and Estate Agency Service you can be assured of expert, impartial and friendly service from any of our team. We are proud to say we are genuinely different but always with our customers interest at the forefront of our minds.