- Lucrativeness of Purpose-Built Student Accommodation
Student accommodations are popular because they provide room for common study areas and Wi-Fi. It is common to also find many of them only a short walking distance from the university and near shops. When you invest in this sector, you will discover that students have an affinity for purpose-built units because of their convenience.
Investing in student accommodation spaces can enable you to do away with some of the limitations of HMO v. BTL investment. Apart from eliminating these disadvantages, you will retain various benefits, including higher yields and shorter void periods.
The bottom-line here is that purpose-built student accommodations are quite attractive to students, thus increasing the chances of the investor benefiting from this popularity.
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