The Property Investment Market

The property investment market be it Student Housing, Houses of Multiple Occupation (HMO) or Buy to Lets have been growing from strength to strength over the last 10 years. With a multitude of buyers investing within property to get a better return on their money, partly factored by the low interest rates, the safety net of actually having an asset you can see, touch and control yourself together with the history of property investment in the UK always having a LOVE relationship with investors.

Within Exeter, the Student Market especially has had a huge amount of growth in the last 10 years where prices today is the famous golden triangle reaching in excess off £110,000 - £125,000 a room for certain areas, as far as I am aware we at Star Investments have the record at present (June 2021) sell an investment at  £122,500 a room!! Experience, knowledge and contacts count when selling within the investment market and it can cost you dearly if you simply use an agent!

There are a variety of areas that investors can invest within Exeter for Student properties, the properties can range from £75,000 - £125,000 a room for an existing already cooked Student property. Get in touch if you want to know the preferred areas, some of my clients invest outside the Article 4 Direction, convert residential homes into student homes and buy existing Student homes and tweak an extra bedroom or two out of them, a great business model that is!

Buy to lets are a good steady income stream if you are just wanting a smaller occupation, less heavy on the property and slightly easier to control with again the rents over the last 12 months increasing considerably. Rental properties with Exeter & surrounding locations are in heavy in demand. My associates usually can have up to 20 people fighting to rent the same property here within Exeter!! If yours is struggling give me a call I will point you in the right direction!

Houses of Multiple Occupancy which aren’t student homes, have also increased in value, however there is still a large difference in this business model and I visually notice some asking prices are pie in the sky trying to compete with Student Prices, which will never happen! Partly due to when you rent a student home, when you rent it it’s on One Tenancy agreement for 11 months of the year (usually pre-rented the year before) versus individual tenancy agreements all usually on 6 month assured shorthold tenancy agreements. There are also a lot of other differences namely to do with utilities, if you want to keep your life more simple and easy get in touch and I will point you in the right direction, work with you to help you build a good range of assets.