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    Belfast, by comparison, can offer inexpensive student accommodation, with average weekly rents being only £51.79, 16% below the rest of the UK.Some traditional English redbrick universities: Liverpool (£50.52), Birmingham (£54.28), Manchester (£56.65), and Sheffield (£57.12) are still below the average UK weekly student rent (£61.48). However others, like Leeds (£62.03), Nottingham (£61.60), and Newcastle (£58.90) reflect their popularity by rising rent levels. All three have shown rent increases well over twice the UK average of 1.5% over the last year; Leeds is up by 6.5%.Best value locations in terms of student rental accommodation are the less fashionable student towns like Crewe, Middlesbrough, Stoke, Wolverhampton and Bradford, with average weekly rents of between £40 and £45.There are a number of 'hotspot' areas, Exeter, for instance, which now have an average weekly student rent of £77.54, 26% above average, and higher even than Oxford. Yet five years ago average student rents in the city were only £58, 34% less. Rents in Loughborough have risen 28% in the last four years, from £52 per week to £66.81. But the real current high-flyer in terms of student rents is Chester, where rents have gone up 14% in the last year alone, from £67.83 to £77.12, putting it firmly in the UK Top 10.London unsurprisingly is still the most expensive city by far, although student rents in the capital have remained stable. However, in comparison, the rest of the UK is catching up. In 2004 the average student rent in London was 95% above the UK average of £53.44. Today, at £102.85, the weekly student rent in the capital is just 67% above the average of £61.48.UK Student Rent Analysis, April 2008 (76 cities/44,185 properties)City Average Rent Per Week (£) Index*London - 102.85 167Dublin - 87.68 143Middlesex - 83.97 137Cambridge - 82.98 135Guildford - 82.37 134St Andrews - 82.29 134Surrey - 81.15 132Exeter - 77.54 126Chester - 77.12 125Oxford - 74.71 122Brighton - 73.71 120Kent - 72.24 117Canterbury - 71.96 117Edinburgh - 70.26 114Glasgow - 70.08 114Bournemouth - 69.11 112Bristol - 68.84 112Warwick - 68.75 112Eastbourne - 68.67 112Bath - 68.29 111Chichester - 67.08 109Durham - 66.95 109Reading - 66.89 109Loughborough - 66.81 109Hatfield - 66.35 108Doncaster - 66.04 107Winchester - 65.65 107Colchester - 64.67 105Portsmouth - 64.49 105Plymouth - 63.26 103Cornwall - 62.76 102Leeds - 62.03 101Newport - 61.68 100Nottingham - 61.60 100Leamington Spa - 61.38 100York - 60.63 99Worcester - 60.56 99Luton - 60.35 98Lincoln - 60.23 98Southampton - 60.06 98Newcastle - 58.90 96Stafford - 58.43 95Aberdeen - 58.22 95

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    Belfast, by comparison, can offer inexpensive student accommodation, with average weekly rents being only £51.79, 16% below the rest of the UK.Some traditional English redbrick universities: Liverpool (£50.52), Birmingham (£54.28), Manchester (£56.65), and Sheffield (£57.12) are still below the average UK weekly student rent (£61.48). However others, like Leeds (£62.03), Nottingham (£61.60), and Newcastle (£58.90) reflect their popularity by rising rent levels. All three have shown rent increases well over twice the UK average of 1.5% over the last year; Leeds is up by 6.5%.Best value locations in terms of student rental accommodation are the less fashionable student towns like Crewe, Middlesbrough, Stoke, Wolverhampton and Bradford, with average weekly rents of between £40 and £45.There are a number of 'hotspot' areas, Exeter, for instance, which now have an average weekly student rent of £77.54, 26% above average, and higher even than Oxford. Yet five years ago average student rents in the city were only £58, 34% less. Rents in Loughborough have risen 28% in the last four years, from £52 per week to £66.81. But the real current high-flyer in terms of student rents is Chester, where rents have gone up 14% in the last year alone, from £67.83 to £77.12, putting it firmly in the UK Top 10.London unsurprisingly is still the most expensive city by far, although student rents in the capital have remained stable. However, in comparison, the rest of the UK is catching up. In 2004 the average student rent in London was 95% above the UK average of £53.44. Today, at £102.85, the weekly student rent in the capital is just 67% above the average of £61.48.UK Student Rent Analysis, April 2008 (76 cities/44,185 properties)City Average Rent Per Week (£) Index*London - 102.85 167Dublin - 87.68 143Middlesex - 83.97 137Cambridge - 82.98 135Guildford - 82.37 134St Andrews - 82.29 134Surrey - 81.15 132Exeter - 77.54 126Chester - 77.12 125Oxford - 74.71 122Brighton - 73.71 120Kent - 72.24 117Canterbury - 71.96 117Edinburgh - 70.26 114Glasgow - 70.08 114Bournemouth - 69.11 112Bristol - 68.84 112Warwick - 68.75 112Eastbourne - 68.67 112Bath - 68.29 111Chichester - 67.08 109Durham - 66.95 109Reading - 66.89 109Loughborough - 66.81 109Hatfield - 66.35 108Doncaster - 66.04 107Winchester - 65.65 107Colchester - 64.67 105Portsmouth - 64.49 105Plymouth - 63.26 103Cornwall - 62.76 102Leeds - 62.03 101Newport - 61.68 100Nottingham - 61.60 100Leamington Spa - 61.38 100York - 60.63 99Worcester - 60.56 99Luton - 60.35 98Lincoln - 60.23 98Southampton - 60.06 98Newcastle - 58.90 96Stafford - 58.43 95Aberdeen - 58.22 95

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    Student Letting Analysis For UK Residential Landlords

    Uploaded by

    office0sale
    Belfast, by comparison, can offer inexpensive student accommodation, with average weekly rents being only £51.79, 16% below the rest of the UK.Some traditional English redbrick universities: Liverpool (£50.52), Birmingham (£54.28), Manchester (£56.65), and Sheffield (£57.12) are still below the average UK weekly student rent (£61.48). However others, like Leeds (£62.03), Nottingham (£61.60), and Newcastle (£58.90) reflect their popularity by rising rent levels. All three have shown rent increases well over twice the UK average of 1.5% over the last year; Leeds is up by 6.5%.Best value locations in terms of student rental accommodation are the less fashionable student towns like Crewe, Middlesbrough, Stoke, Wolverhampton and Bradford, with average weekly rents of between £40 and £45.There are a number of 'hotspot' areas, Exeter, for instance, which now have an average weekly student rent of £77.54, 26% above average, and higher even than Oxford. Yet five years ago average student rents in the city were only £58, 34% less. Rents in Loughborough have risen 28% in the last four years, from £52 per week to £66.81. But the real current high-flyer in terms of student rents is Chester, where rents have gone up 14% in the last year alone, from £67.83 to £77.12, putting it firmly in the UK Top 10.London unsurprisingly is still the most expensive city by far, although student rents in the capital have remained stable. However, in comparison, the rest of the UK is catching up. In 2004 the average student rent in London was 95% above the UK average of £53.44. Today, at £102.85, the weekly student rent in the capital is just 67% above the average of £61.48.UK Student Rent Analysis, April 2008 (76 cities/44,185 properties)City Average Rent Per Week (£) Index*London - 102.85 167Dublin - 87.68 143Middlesex - 83.97 137Cambridge - 82.98 135Guildford - 82.37 134St Andrews - 82.29 134Surrey - 81.15 132Exeter - 77.54 126Chester - 77.12 125Oxford - 74.71 122Brighton - 73.71 120Kent - 72.24 117Canterbury - 71.96 117Edinburgh - 70.26 114Glasgow - 70.08 114Bournemouth - 69.11 112Bristol - 68.84 112Warwick - 68.75 112Eastbourne - 68.67 112Bath - 68.29 111Chichester - 67.08 109Durham - 66.95 109Reading - 66.89 109Loughborough - 66.81 109Hatfield - 66.35 108Doncaster - 66.04 107Winchester - 65.65 107Colchester - 64.67 105Portsmouth - 64.49 105Plymouth - 63.26 103Cornwall - 62.76 102Leeds - 62.03 101Newport - 61.68 100Nottingham - 61.60 100Leamington Spa - 61.38 100York - 60.63 99Worcester - 60.56 99Luton - 60.35 98Lincoln - 60.23 98Southampton - 60.06 98Newcastle - 58.90 96Stafford - 58.43 95Aberdeen - 58.22 95

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    Student Letting Analysis For UK Residential Landlords

    Savills expect this to hit 3 million full and part time students by 2014. Growth has been driven in the main by domestic UK undergraduate demand. There is a trend to rising numbers of foreign student, with participation of overseas students at UK universities rising 67% over the past decade. Knight Frank research shows that in 1997 they accounted for 11% (international students) and 21% (postgraduates) of all students; by 2007 these figures had increased to 15% and 24% respectively. Both international students and postgraduates are more likely to opt for purpose built private student housing rather than shared houses. Surrey - 81.15 132 Exeter - 77.54 126 Chester - 77.12 125 Oxford - 74.71 122 Brighton - 73.71 120 Kent - 72.24 117 Canterbury - 71.96 117 Edinburgh - 70.26 114 Glasgow - 70.08 114 Bournemouth - 69.11 112 Bristol - 68.84 112 Warwick - 68.75 112 Eastbourne - 68.67 112 Bath - 68.29 111 Chichester - 67.08 109 Durham - 66.95 109 Reading - 66.89 109

    Loughborough - 66.81 109 Hatfield - 66.35 108 Doncaster - 66.04 107 Winchester - 65.65 107 Colchester - 64.67 105 Portsmouth - 64.49 105 Plymouth - 63.26 103 Cornwall - 62.76 102 Leeds - 62.03 101 Newport - 61.68 100 Nottingham - 61.60 100 Leamington Spa - 61.38 100 York - 60.63 99 Worcester - 60.56 99 Luton - 60.35 98 Lincoln - 60.23 98 Southampton - 60.06 98 Newcastle - 58.90 96 Stafford - 58.43 95 Aberdeen - 58.22 95 Huddersfield - 57.87 94 Devon - 57.52 94

    Sheffield - 57.12 93 Cardiff - 56.85 92 Northampton - 56.76 92 Manchester - 56.65 92 Hastings - 56.59 92 Norwich - 56.44 92 Cheltenham - 56.34 92 Swansea - 55.99 91 Preston - 55.06 90 Leicester - 54.90 89 Dundee - 54.82 89 Birmingham - 54.28 88 Bangor - 53.36 87 Derby - 51.89 84 Belfast - 51.79 84 Lancaster - 50.88 83 Liverpool - 50.52 82 Coventry - 50.42 82 Bolton - 50.15 82 Salford - 49.73 81 Blackpool - 49.34 80

    Carlisle - 48.25 78 Stockton - 47.38 77 Hull - 47.11 77 Sunderland - 46.70 76 Pontypridd - 46.36 75 Bradford - 44.61 73 Wolverhampton - 43.49 71 Stoke-on-Trent - 42.04 68 Middlesbrough - 41.54 68 Crewe - 40.33 66 UK Average Weekly Student Rent 61.48 100 * Index compared to UK average student weekly rent of 61.48. 2007 Ave 60.58 (-1.5%) Interpreting the figures Landlords need to be aware that in viewing these figures that they are the average achieved across the accommodation types. These levels have in recent years been boosted by the upgrading of student accommodation brought about by the contribution of purpose built private sector student halls. This accommodation is frequently provided with ensuite facilities, which according to Savills generates rents that are on average at a premium of 19% to similar shared accommodation. Therefore a prospective landlord should ensure that they do their own local research by talking to local rental agents and University Accommodation Offices before factoring in their expected rents to their investment calculations. Having looked at the demand and supply of rental accommodation and likely rents we go on in part two to look at the likely investment return and practical considerations of investing in student accommodation including looking at several case studies.

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