Property news roundup: The best places to invest in student housing
Plus, can we build 200,000 homes a year, and your chance for The Good Life
Alex Johnson has been part of The Independent's online team since 2007. He has been writing about microarchitecture on his internationally-acclaimed Shedworking blog since 2006 and is the author of Shedworking: The Alternative Workplace Revolution. His latest book is Bookshelf, published by Thames & Hudson.
Tuesday 03 June 2014
Purpose-built student housing in 14 UK university cities and towns has 'First Class' possibilities for investors, according to a new report from Savills.
The 2014 rankings report shows that investment in the student housing market is around £5 billion in the past two years and forecasts transactions worth £2.5 billion this year
Its analysis ranks 14 university towns and cities as ‘first class’ - Aberdeen, Bath, Bournemouth, Brighton, Bristol, Cambridge, Cardiff, Edinburgh, Glasgow, Kingston upon Thames, London, Newcastle upon Tyne, Oxford and St Andrews.
"The UK purpose-built student housing sector is proving an attractive buy and continues to combine strong yields and rising rental income," said Savills research analyst Neal Hudson, "but investors will need to bear in mind that the sector is not without risk."
200,000 New Homes a Year an 'unachievable' figure
Only six per cent of housebuilders believe that the key target of 200,000 homes to be built every year is deliverable, according to Knight Frank’s housebuilding report 'Building Momentum''
Grainne Gilmore, Head of UK Research at Knight Frank, said: "There is no doubt that developers have stepped up activity since the zenith of the financial crisis. But this still leaves development some way off the levels needed to meet demand across the UK."
Around a third of housebuilders believe that 180,000 is the maximum number achievable.
In the UK, 28 per cent of all new build sales were via Help to Buy. The largest proportion of homes sold under the scheme was in Derby were the figures rose to 80 per cent.
Have a go at The Good Life?
This one bedrom cottage in Cwmrheidol, Aberystwyth (pictured above) has an oak frame and is built from wattle and daub. As well as its own private water, electricity and solid fuel heating, it comes with seven acres of wood and secluded river access. In fact, the particulars from The Small Holding Company suggest that the property would allow the new owners to "make a real jump towards being truly self-sufficient". Features include a slate flat floor and sleeping platform in the living room, a 'Rocket Mass Heater' in the conservatory, and the original stone cottage in the garden, currently used as a workshop.
A first-floor flat with two bedrooms, a spacious reception room and communal grounds in a leafy part of London
A three-bedroom flat with a spacious rootop terrace and balcony, accessed from a private gated courtyard
A Grade II-listed pile with six bedrooms, stables and 39 acres of grounds in Standlake
A two-bedroom flat with boutique hotel-style interiors, close to the foodie haunt of West End Lane
A two-bedroom flat in a beautiful old vicarage, with many original features, close to the city centre
A three-bedroom 16th-century home with an aga kitchen, private gardens and heated outdoor pool, in Hadleigh
A three-bedrom home in sought-after Queen's Gate Mews, with Italian marble-finished bathrooms
Surrounded by glorious countryside in the village of Udimore, sits this impressive four-kiln oast and barn conversion
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000
This three-bedroom flat within a former textile factory spans the corner of the fourth floor and has a balcony
A charming four-bedroom Oxfordshire cottage with oak floors and chunky-beamed ceilings, £465,000
A beautiful one-bed flat in a sought-after portered block, with access to Norland Square communal gardens
A one-bedroom flat within a Sixties school conversion with high-spec design and open-plan kitchen, close to Lambeth North Tube, £435,000
A 17th century four-bedroom house, with open fireplaces, cellar and pool, £600,000
A three-bedroom, coach house with luxury open-plan living space and contemporary breakfast bar
A newly refurbished one-bedroom flat in the heart of Mayfair, close to Grosvenor Square
A charming four-bedroom house overlooking Burleigh Square Park, close to Thorpe Bay
A three-bedroom farmhouse with a large inglenook fireplace and exposed beams
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