Student Accommodation Investment in Plymouth

Accommodation Investment in Plymouth

If you are interested in investing in student accommodation in Plymouth, you might want to check out the Tamar House project. This student development is expected to be open by autumn this year. The development will include 70 studio apartments, each leased for PS149 a week. Clever Student Lets will manage the property and will give local people work. The project is valued at PS2 million. It is a prime student investment in Plymouth, with a projected net yield of 8% over three years.

The city is an excellent location for investors, with a large student population. In the 15/16 academic year, there were 23,155 students studying at Plymouth University. The city has an excellent tourism industry and the city is a popular tourist destination. You can also generate revenue from short-term lets and Airbnb. The university is a huge draw for students, and you can take advantage of this by renting out your student accommodation to students.

Still looking for student accommodation in Plymouth? Check out our reviews to find out how previous students have enjoyed their stay with us. One of our recent students, Courtney, said ‘Lovely staff, rooms and fantastic prices!!! <3 Studentrooms4u have been so helpful with everything to do with the house. All the staff are so friendly and I’m glad I picked this student company. The house is perfect to be able to enjoy my last year of uni.’

While the city has a strong student population, it has experienced a decline in student numbers in recent years. That has prompted some investors to sell off their student accommodation plymouth assets. However, prices are back to the levels that existed before the crash. However, there is still a large potential uplift for investors, and industry experts have confirmed this. ‘Help to Buy’ schemes and boosted confidence in the economy have reinvigorated the market.

Student Accommodation Investment in Plymouth

The city’s prime location has made it an excellent location for student accommodation. North Hill Court is a 3-storey development that will have 39 studio apartments and one-bed apartments. These properties will be fully managed and furnished. Plymouth is the ideal location for student accommodation and has four reputable universities. So, you can make money while letting out these units. With such a low vacancy rate, you can get a good rental yield on your investment.

In addition to its central location, Plymouth is also well connected to the rest of the country. The A38 nationwide road connects Plymouth to the M5 motorway network at Exeter, 45 miles away. This means that a commute to London takes just over three hours. In addition to this, commuter services operate in nearby Devonport, Saltash, Liskeard, and Gunnislake. A variety of public transport options make Plymouth an excellent destination for students.

Despite the city centre’s affordability, Plymouth also offers a wide range of properties. Traditional terraced homes, period houses, and newer build houses make excellent investments in this district. However, if you’d prefer to buy a large housing estate, there are plenty of great properties to be found in the north of the city. The north includes Compton, Higher St. Budeaux, Honicknowle, Peverell, St. Budeaux, West Park, and St. Budeaux.