Over­seas students fill let­tings gap

Yorkshire Post - Property - - PROPERTY -

DO­MES­TIC univer­sity ap­pli­ca­tions may have dipped this year but in­ter­na­tional students are plug­ging the gap and boost­ing yields for in­vestors in stu­dent halls of res­i­dence, re­ports buy-to-let spe­cial­ist As­setz.

Sec­tor in­vestors are ben­e­fit­ing from gross yields of 8-10 per cent (ap­prox­i­mately 6.5 per cent net), al­most twice the av­er­age yields in the wider buy-to-let mar­ket.

The num­ber of univer­sity ap­pli­ca­tions from do­mes­tic students fell by 8.7 per cent this year ac­cord­ing to UCAS, fol­low­ing tu­ition fees in­creases.

How­ever, univer­sity cour­ses are still heav­ily over­sub­scribed and ap­pli­ca­tions from in­ter­na­tional students are on the rise, with the British Coun­cil fore­cast­ing a 10 per cent rise this decade.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.