Student property in Florida received the highest number of enquiries on TheMoveChannel.com in February 2014, the first time this has ever happened. The tenanted condos in Tallahassee are located five minutes away from two universities and start from $48,900, offering guaranteed rental returns of 8.5 per cent, enough to attract over twice as many enquiries as a student property listing in the UK.
Photo credit: Tulane Public Relations
Bolton’s The Cube development has been a subject of consistent interest from buyers, appearing in two of the past three months’ top 10 most popular listings. The units, priced at £39,950 and advertising NET yields of 10 per cent, offer a combination of low cost and high returns that is typical of the student housing sector.
The second most popular investment in February featured buy-to-let apartments in Manchester. The luxury three-bedroom flats in The City‘s Trafford Mill development cost £115,000 for cash buyers, with 8 per cent NET annual rental returns assured for one year. Confidence in the UK’s recovering real estate also saw buyers turn to Wales, where a £25,000 hotel room assured 10 per cent returns for 10 years.
Investors were willing to look outside of the UK …read more
Source: The Movechannel