Simple Estate Agents - Student Lettings
Why should I let to students?
- Demand and competition in student areas is strong and consistent
- Students will usually look to rent for a minimum of 12 months, meaning less stress for you finding new tenants
- Student lets tend to offer particularly high yields
Are there any disadvantages to letting to students?
When letting to students there will be more wear and tear to the property. So when changing tenants you may be doing maintenance works to ensure the property is ready for the next group of students
When should I start marketing my property?
Students start looking for properties in January, with the intention of moving in before the academic year begins (July to September)
What are the best properties to let to students?
Three bed houses with large communal are good. More than bathrooms are another good selling point and located within 30 minute walk to the university.
What do I need to provide?
- Washing machine
- Fridge freezer
- Desk and chair for each room
- Vacuum cleaner
- Lawn mower
Are there any legislation in need for this type of let?
As the occupants are sharing the accommodation, then you will need to comply with the house of multiple occupation (HMO) rules. To find out more call our office to find out.
How can we help?
Call and book a rental appraisal on 020 8573 4663 option 2 so we can go through your requirements.