The news is flooded lately with the rise in student numbers and the following massive demand for student accommodation. It’s been fantastic to see how so many young driven individuals are now moving up in their lives and moving forward with their education.
Just to recap in case you haven’t noticed the news; Record numbers of students are heading to university this year, with more than 400,000 already accepted onto degree courses. UCAS has said this is the highest number of acceptances recorded for A-level results! Representing a 3% increase and equating to around 13,000 extra students compared to the same point last year. The rise comes as the cap on university places in England is lifted, allowing universities to recruit as many students as they want to take.
There have been indications that many top institutions are seeking to take on more students this year as a result, including offering more places through clearing. As great as this is for our universities and our young academics, this will inevitably place even further stress on the already heavily under supplied market. Though as always, it’s best to see the light in the dark as this stress represents a very obvious advantage for property investors looking to enter the successful student property market.
Aspen Woolf, specialists in student property investments, says that never in history has student accommodation been in so much demand with supply being so severely limited. With UCAS recording the highest level of A-Level results ever this is absolutely the best time to invest in student property! The rental potential alone is simply startling. If you haven’t considered investing in student property before then check out Aspen Woolf’s extensive and playful infographic to find out the most essential statistics on the growth of university applications and the subsequent demand for student property investment!