Cope & Co., DE21
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Letting to students is a very niche part of the private lettings market requiring particular skills and approach. It’s more complex and potentially involves the landlord complying with a greater deal of regulation than a standard buy-to-let.
Student lets require a greater amount of supervision and management input. This is because student properties have a greater turnover of tenants than many buy-to-let properties occupied by professional tenants. Also, many student lets will be required to be furnished. The level of furnishing is often specified by the university and landlords will need to comply with standards set out by the student accommodation office in order to be featured on the universities accommodation list which is circulated to many students looking for properties to rent.
Letting to students is a very niche part of the private lettings market requiring particular skills and approach. It’s more complex and potentially involves the landlord complying with a greater deal of regulation than a standard buy-to-let.
Student lets require a greater amount of supervision and management input. This is because student properties have a greater turnover of tenants than many buy-to-let properties occupied by professional tenants. Also, many student lets will be required to be furnished. The level of furnishing is often specified by the university and landlords will need to comply with standards set out by the student accommodation office in order to be featured on the universities accommodation list which is circulated to many students looking for properties to rent.
Properties | Number of properties | Avg. asking price | Avg. listing age | Residential to rent | 21 | £1,573 pcm | 51 weeks |
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