If you’re looking to get the maximum possible return from your buy to let investment, maybe you should consider an area close to a place of quality higher education.
According to a recent study, certain parts of Britain, which are home to some of the best and most prestigious universities and specialist colleges, have seen property values in their surrounding areas rise by a staggering 10%, above the UK’s national average for housing market growth.
It has also been reported that the cream of English educational institutions such as Oxford and Cambridge, have witnessed surrounding property values soar by more than 55%.
One expert suggested that homebuyers are often drawn to such areas due to the abundance of amenities and facilities that such towns harbour, as a means compliment student life. Whilst on the other side of the coin, buy-to-let investors can reap substantial returns from said areas due to the constant demand for property by the student community.
In other news, one of the UK’s leading student bodies has recently challenged Government officials to make housing more affordable for graduates. The news follows on from recent comments made by one of UK’s leading home loan providers, who stated that Graduates are becoming a decreasingly attractive proposition, as house prices continue to rise.
