Applications to universities rose for the first time in three years. A total of 561,420 people applied to start a course in 2019, almost 2,500 more than at the same time last year. This was mainly fueled by the increase in applications from international students. According to UCAS figures released in February, a record number of international students have applied to study at university in the UK. There has been a huge rise in the number of applicants from China, and along with Hong Kong these now make up almost a third of all non-EU applications.
Despite Brexit, studying at a university in the UK remains attractive to many from overseas due to the international reputation of the country’s educational institutions. A survey carried out by Study Portals in 2019 ranks the UK as the top study destination for students within the EU / EE (37%) and international students (18%).
According to a recent survey conducted by Knight Frank in partnership with UCAS, 83% of international students are happy with studio apartments, making them a good investment choice for individuals looking to cater for the international market. Students currently outweigh available PBSA spaces by 3:1, and with the increased reliance on the private sector, now is the ideal time to consider student property investments.
The Met is a new student property development in Newcastle Under Lyme which has a growing student population of 25,000. The student property market has been very popular amongst investment funds due to the low vacancy rate. The market is seen as Brexit proof because if the pound falls it becomes cheaper for overseas students to study in the UK.
Situated in the very heart of the town, The Met is near lots of amenities and in a convenient location for the growing student population of Keele and Staffordshire universities.
The Met Investment Features:
One Touch Investment has found the studios easy to resell on the open market and we could do the same for you. We have recently helped one of clients sell their student property in Leicester and they reinvested the money into a higher yielding property in Liverpool. The developer has a 100% occupancy rate track record across the UK for their student properties ensuring stable rental returns.
Contact One Touch Investment today to find out more about this student accommodation investment in Newcastle-Under-Lyme.
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