Location

There is also little chance of demand drying up. As long as the university continues to exist, so will the annual influx of students to the area, thus making it easier to fill rooms. The recession is keeping students at university longer and forcing graduates to return in order to get new skills and brush up on old ones. When choosing a location, the key is research. University accommodation services will be able to tell you whether or not there is demand for accommodation, the average rent charged in the area and what requirements you need to fulfil to feature on their accommodation lists. Some student lets are only nine months, leaving the property vacant for the summer. However, choosing an area of high demand, such as Bristol, Nottingham or London, will bring in not only higher rental incomes, but also guarantee longer rental periods. Property Letting Rates and Fees Tax Implications