The demand for student's accommodation is on the increase along with the number of buy to let landlords. Traditionally students were not looked upon as the ideal tenants when renting out property with their reputation of poor hygiene and treating the property with no respect. Recently specialists in the student property sector have stated that students can be excellent tenants by pitching your property on the higher end.

Because of the recent buy to let craze house prices around universities have risen rapidly especially if the university has a good reputation. If you are looking to buy to let property first look at top universities near you, if you find that they are outside your price range then look further away.

Once finding the right property you may find yourself very too busy to handle the letting agreements etc. This can be handled by a third party company which specialises in student letting's, they will indicate the type of students you are likely to attract and what the expected rate would be. In many cases getting a letting company is a better solution if the property is a fair distance away. If you have appointed a letting company to handle your property make you work out the figures, the company will take away a percentage of the rent to cover their fees.

The property

Making the property appeal to students is a very good idea especially when you want to get the most from your property. Refurbishing the property is a great idea, this will have an immediate impact and increase property value.

Make sure that you have several rooms, the more the better really along with more than one bathroom in large houses. This would automatically calculate the amount of rent you receive per month.

Always furnish your property with robust and simple furnishings as they will bring a lot of it themselves.

Continue to refurbish your property every year and make sure that the house is maintained at all times. You must make the house appealing for future students who may want to move in next term.

The advantage of letting to students

Letting your property to students is advantageous as you have very few periods where the property is empty, this will lead to you getting a higher return on your investment and one that is secure for years to come.

While term has ended and the summer has come you can alternatively let your property out to holiday makers who are in town for a couple of weeks. During this time you can also carry out any repairs and refurbishment needed to the property.