The Buy2Let Shop, One Elmfield Park, Bromley, BR1 1LU
020 3504 1310 info@thebuy2letshop.com

Investment Properties in London – Renting to Students

The student rental market is highly lucrative for landlords, providing you choose the right investment property in the UK. When looking for a buy-to-let property for sale to rent to students, it’s imperative to consider not just location but also standard of living – students are a lot more discerning about their accommodation than they were twenty years ago!

Investment properties in London offer particularly good returns, mainly as there are so many students in the capital. Here’s more information.

Growing Student Population

London has always attracted students – both from the UK and abroad. The University of London is the biggest in the country, with around 161,270 students in total; and there’s also King’s College London and University of London too.

This number looks set to grow. According to recent reports, the student population is increasing 15 times as swiftly as the numbers of available properties – meaning that demand is seriously outstripping supply. In the past, landlords have looked elsewhere for property investment opportunities, due to the expense of the London market. However, if these figures are anything to go by, the additional cost may well be worth paying.

What Sort of Investment Properties in London?

London students are particularly interested in modern, low-maintenance properties that are near their place of study. When starting to search for buy-to-let property for sale in the capital, consider the following:

  • Is it near one of the universities? In an ideal world, students will be able to walk to their university buildings. However, if this isn’t possible, make sure that it’s easy for them to commute in by bus or underground train.

 

  • Is there enough space? Students tend to be relatively accommodating when it comes to compromising on living space, but there’s only so far they’ll go. Make sure there’s enough room to comfortably house as many students as you’re planning to rent to.

 

  • Are there local amenities? The property doesn’t necessarily have to be in one of the most desirable areas, but it should have a few local shops at least. Students like to be able to nip out for a pint of milk or loaf of bread if they run out!

 

  • Are the ‘fun’ areas within easy reach? Is there a local train station, connecting them to more lively areas? This is always a major draw.

To HMO or Not to HMO?

Converting a property in London to HMO (House of Multiple Occupancy) is a great way to maximise returns, and they’re usually popular with students of all ages. However, you’ll need to bear in mind that there are additional regulations associated with HMOs, plus you’ll need to apply for a licence.

The Buy2Let Shop in Bromley

When looking for investment properties in London, it’s important to work with a property investment agent who understands the local market. The Buy2Let Shop are situated in Bromley and know the London property market inside-out – and we’re on hand to make sure you find the right buy-to-let property for sale, at a price that suits your budget.

To find out more about our services, simply get in touch with us via The Buy2Let Shop website today.

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