There are currently 1.7 million students currently study full-time at UK universities and this number is on the rise, especially with the influx of overseas students choosing to study in the UK.
Despite universities offering a limited amount of student accommodation, many of these are prioritised for first year students and there remains a huge imbalance between supply and demand.
The student market is currently following the route of the traditional buy to let sector, so much so that it has become an integral part of that market. The market has transformed with students desiring boutique luxury living in Purpose-Built Student Accommodation (PBSA) rather than the standard university halls.
With impressive yields and retention levels continuously high, investors are looking at student accommodation as a sustainable and lucrative alternative to residential property.