The academic reputation of Bristol draws thousands of students to the city every year and many become part of the professional tenant base of Bristol. As such, both market sectors present excellent opportunities for both landlords and investors alike. “Given Bristol’s large student population, many landlords follow an investment strategy targeting purely students,” explains Atif Javid, Managing Director at Intire.
“Finding the right home is a priority for students and their parents often pay premium rents for the right accommodation. Many students are living away from home for the first time so won’t consider properties that aren’t managed. Our Intirely Managed service means students can study, parents don’t worry and landlords can relax in the knowledge we’re retaining the value of their property and caring for their tenant.”
“In the face of rising tuition fees, some British students will look for employment after A Levels but countless others believe a degree means a better job, thus enabling them to quickly pay off fees. Overseas students are largely unaffected by the debate and are well accustomed to the international university fee required. Bristol University alone has students and staff from more than 120 countries and UWE has students from more than 140 countries.
There is stiff competition for university places here and UWE has recently welcomed students from Oman, the UAE China and Kuwait. “Our investment service is invaluable because we know just which locations students favour – close to shops and transport links, study centres and entertainment facilities – and our ARLA trained staff help ensure landlords are fully protected and legally compliant with lettings legislation including HMOs (Houses in Multiple occupation). We help independent students and sharers because once students have found suitable accommodation a property can remain occupied for years as friends take over the tenancy.”
For more information, or to find out how much your property is worth, call 0117 956 1107 or visit www.intire.co.uk to download our free Landlords Guide to Lettings