Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Things to Be Consider While Buying a Rental Property for student accommodation

By Carol Riley Subscribe to RSS | March 20th 2012 | Views:
loading
 
  



Investing in student property is a growing concept in Edinburgh. Most of these kinds of properties are close to colleges and universities. This city offers world class education to the student, that’s why the students from all around the world come to this city for getting a world class education. Due to this tendency property in edinburgh is on high demand. If you have a student property then you can have several benefits because renting out a property to the students gives you a number of other paybacks. Whenever you are going to invest in such a property, there are several factors which you must keep in mind.

How to Buy the Right Kind of Property for Student Accommodation:

If you have a plan of buying a property in edinburgh for student accommodation then you should keep in mind several factors. If you have a plan to buy a bigger property, then you should ensure that there is at least a single bathroom for every five students. Another important thing which you also have to make sure that the cooking and food storage space is according to the number of people in the property.

If you want to buy a student property then you have another option to invest your money in a three bedroom house. By using some techniques you can convert it into a four bedroom house by converting the living/dining room into a separate bedroom. A great number of the students tend to get a property in the form of four to five students. A student property can be attractive for the students if it comprises of a self-effacing bedroom, shared bathroom, a kitchen and a shared lounge. Majority of the students wish to have a clean and well maintained property for their accommodation.

Find Out The Perfect Area:

If you are looking for a right area for buying a property in edinburgh for student accommodation then you can collect information about this from different resources like; you can talk to the local experts, the estate agents and university accommodation officers to have a fair idea of the locality. It is better for you to expend some time in the area to observe the town. A little survey among the students can be very useful as it will be helpful for you to know their need, likes and dislikes. The properties which are closer to educational institutions are very popular among the students. The properties closer to the bus routes and the town centre are also very popular among the students. On the other hand the properties which are situated in joyful and lively areas with busy night life are also chosen by students. As we all know busy and safe area would be the first priority of any one so same is with the students.

You Must Buy Property At The Right Time:

When you decide to invest your money to buy a property in edinburgh then you must keep in mind the right time of buying it, i.e. from mid to late September as by this time it will be ready to let. That would be a nice idea if you start looking for the property in April and complete it by August. If you plan it properly so you can carry out the main maintenance work and it will be ready to let.

Number Crunching:

You have to determine a reasonable rental income for your chosen area. One thing you should consider if the rental income will be enough to generate the asking price. Furthermore you must keep in mind, the amount of time the property will be empty, in student properties; it is mostly the summer season. There is another aspect of this property which is the maintenance of it, so you should think about the value of property and rental income. If you will consider all these factors then you can get a healthy profit fro this property.

Carol Riley - About Author:
Carol Riley is a marketing officer for Greenlet, property lettings website in Edinburgh. If you want more information on edinburgh student accommodation, please visit property in edinburgh.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/things-to-be-consider-while-buying-a-rental-property-for-student-accommodation.htm

Related Business Articles Subscribe to RSS

Contact Letting Agents Sutton for a one-stop property service
Published by James Blee on August 20th 2012 | Business
Looking for your first rental property and not sure what to expect from Letting Agents Sutton? Know...
 
Mohali property – the best place to make investments
Published by Ravinder on November 28th 2011 | Business
Mohali, in the recent days, has emerged as the hot favorite destination for property investment. The...
 
Benefits of hiring the services of agencies for getting property to rent and other things to be look into
Published by Cathrine Mckay on June 6th 2012 | Business
Taking the property to rent by hiring the services of agencies is although expensive for you yet it ...
 
Garden Side Gates could help make your property more secure
Published by Angie Turner on June 18th 2012 | Business
Security is a key consideration for any homeowner who wants to make sure that their property is...
 
Some legal advices for tenants of property to rent in Scotland
Published by Cathrine Mckay on June 6th 2012 | Business
There is always a tenancy agreement between a tenant and landlord. The tenant is always safeguarded ...
 
Do you want to buy a property in Florida?
Published by Harry on June 27th 2012 | Business
Levitan realtors are one of the realtors that can assist you in finding suitable homes for sale in N...
 
What an intellectual property law firm does?
Published by Adli Law on March 27th 2012 | Business
The law firms often provide the proper consultation to their clients before finalizing the case. The...
 
Getting the property valuation
Published by Sara Phelps on December 12th 2011 | Business
If you want a home buyer report a chartered building surveyor or general practice surveyor will offe...
 
Real estate agents in Walsall lead you in investing property
Published by Redstones on January 21st 2012 | Business
Lettings franchise offered at Redstones letting agents, one of the leading estate agents in Walsall ...
 
How property for sale in Bangalore Helps You Finding a Property
Published by Andy Chatterjee on December 27th 2011 | Business
Property for sale in India gives you the opportunity to find out a suitable property of your choice....
 
A Real property and unique property
Published by Rosy on August 16th 2012 | Business
The Montreal assets Blog is concerning this market conditions in Montreal and also the neighborhoods...
 
An anecdote of ever-blooming success of residential property in Pune
Published by Jamesalexjendra on July 20th 2012 | Business
We can expect an unprecedented rise in the unavailability of residential property in pune due to inc...
 
Try Being a More Energy Efficient Tenant in Your Edinburgh property
Published by Calum Rendall on April 2nd 2012 | Business
Many of us have gone through the troubles of credit crunch recently and this has taught us to be ene...
 
Are you interested in installing Solar Panels South Africa on your property?
Published by on March 14th 2012 | Business
We have a wealth of experience in providing solar panels South Africa – more than three decades ...
 
Letting property to student tenants in Edinburgh
Published by Carol Riley on March 12th 2012 | Business
There are number of student tenants in Edinburgh. If you want to rent out your property to students ...
 
Mistakes to avoid while choosing property management North Shore companies
Published by Jack on August 15th 2012 | Business
Choosing the best property management North Shore company is not an easy task. Learning more about t...
 
Mini self storage Beale AFB: vital to safe property from climates & other difficulties
Published by Erleroadself on November 30th 2011 | Business
Since Mini self storage Beale AFB is essentially helpful for individuals who are planning of moving....
 
Property dealers Mohali to help buyers find the best property at lucrative price
Published by Deepti on April 12th 2012 | Business
Real estate market in India is witnessing a remarkable upsurge all over India, though there are stil...
 
Why to invest in property in Burnham
Published by Ricky Charles on December 15th 2011 | Business
Obtaining the property for sale in Burnham might be easy if you take the help of reliable real estat...
 
Do you require Building Surveyors to help with a property purchase?
Published by on June 16th 2012 | Business
Buying a new home or business premises is one of the biggest financial decisions people can make, an...