Investing in student accommodation in
Newcastle can be a good investment for many reasons not least of all the following :
High Demand: Newcastle is home to several reputable universities and colleges, attracting a large student population. This creates a consistent demand for student housing. Northumbria University has approx 37,000 students while Newcastle University attracts over 18,000 students annually.
Strong Student Population - Rental Income: The steady influx of students into Newcastle each academic year means that a steady reliable rental income stream can be expected. There is a consistent demand for housing ensuring a stable occupancy rate.
Rental Yield: Student accommodation has a tendency to provide higher than average
yields and this is no different in Newcastle where rental can be attractive, offering a potentially strong return on investment.
Long-term Investment: Investing in student accommodation allows for long-term returns, as the demand for housing from students is likely to remain consistent over the years.
Potential Appreciation: As Newcastle continues to develop and grow, the value of student properties may appreciate over time, offering potential capital gains.
Despite the growing student population, the supply of purpose-built student accommodations can be limited creating favorable market conditions.
Property Management: Many student accommodation properties come with professional property management services, making it easier for you to handle the rental process.